TRUTH-IN-SAVINGS DISCLOSURE
PERSONAL CHECKING ACCOUNT
Minimum Balance Requirements - A deposit of $100.00 is required to open this account.
Additional Fees and Information - A dormant account fee of $5.00 will be charged each month if for 1 year (previous) there is no activity or other indication in writing from you of an interest in this account and your balance falls below $100.00.
Please see the Schedule of Fees and Services for more information regarding fees that may be assessed against your account.
YOUTH CHECKING ACCOUNT
Minimum Balance Requirements - A deposit of $100.00 is required to open this account.
Additional Fees and Information - A dormant account fee of $5.00 will be charged each month if for 1 year (previous) there is no activity or other indication in writing from you of an interest in this account and your balance falls below $100.00. After approval, there will be no annual fee for Freedom ATM/Freedom VISA® Check Card until you reach age 24.
Please see the Schedule of Fees and Services for more information regarding fees that may be assessed against your account.
SUPER NOW INTEREST CHECKING
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. For current rates, please see Interest Checking and Savings Rates. Minimum Balance Requirements - A deposit of $1,000.00 is required to open this account. There is a monthly fee of $6.00 if the minimum balance in the monthly cycle falls below $500.00. The monthly fee is $4.00 if the average daily balance is between $500.00 and $699.99. The monthly fee is $2.00 if the average daily balance is between $700.00 and $899.99. There is no monthly service charge if the average daily balance is $900.00 and above. Also, the service charges will not apply if you maintain an average daily balance of $1,000.00 during the monthly statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is a month.
Balance Computation Method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Compounding and Crediting - Interest will be compounded daily. Interest will be credited monthly to your account. If you close your account before interest is credited, you will receive the accrued interest.
Accrual of Interest on Noncash Deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Additional Fees and Information - A dormant account fee of $5.00 will be charged each month if for 1 year (previous) there is no activity or other indication in writing from you of an interest in this account and your balance falls below $100.00.
Please see the Schedule of Fees and Services for more information regarding fees that may be assessed against your account.
SILVER PLUS CLUB CHECKING
Silver Plus Club Checking is available to all individuals 62 years of age and over.
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. For current rates, please see Interest Checking and Savings Rates. Minimum Balance Requirements - A deposit of $100.00 is required to open this account. There is no monthly service charge for this account. There is also no charge for personalized "Community Bankers" Checks, Thomas Cook Traveler's Checks, or photocopies.
Balance Computation Method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Compounding and Crediting - Interest will be compounded daily. Interest will be credited monthly to your account. If you close your account before interest is credited, you will receive the accrued interest.
Accrual of Interest on Noncash Deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Additional Fees and Information - A dormant account fee of $5.00 will be charged each month if for 1 year (previous) there is no activity or other indication in writing from you of an interest in this account and your balance falls below $100.00.
Please see the Schedule of Fees and Services for more information regarding fees that may be assessed against your account.
MONEY MARKET CHECKING/SAVINGS ACCOUNT
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. For current rates, please see Interest Checking and Savings Rates. Minimum Balance Requirements - A deposit of $1,000.00 is required to open this account. There is a monthly fee of $6.00 if the minimum balance in the monthly cycle falls below $500.00. The monthly fee is $4.00 if the average daily balance is between $500.00 and $699.99. The monthly fee is $2.00 if the average daily balance is between $700.00 and $899.99. There is no monthly service charge if the average daily balance is $900.00 and above. Also, the service charges will not apply if you maintain an average daily balance of $1,000.00 during the monthly statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is a month.
You may make a maximum of six (6) transfers from your account to third parties by preauthorized, automatic, telephone transfer, check, draft, or similar order per statement cycle; and unlimited transactions on over-the-counter, mail, or ATM activity. A per-check fee of $10.00 will be charged for each check in excess of six per statement cycle.
Balance Computation Method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Compounding and Crediting - Interest will be compounded daily. Interest will be credited monthly to your account. If you close your account before interest is credited, you will receive the accrued interest.
Accrual of Interest on Noncash Deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Additional Fees and Information - A dormant account fee of $5.00 will be charged each month if for 1 year (previous) there is no activity or other indication in writing from you of an interest in this account and your balance falls below $100.00.
Please see the Schedule of Fees and Services for more information regarding fees that may be assessed against your account.
SECURITY INVESTMENT ACCOUNT
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. For current rates, please see Interest Checking and Savings Rates. Minimum Balance Requirements - A deposit of $10,000.00 is required to open this account. A service charge of $10.00 will be imposed every statement cycle if the average daily balance for the statement cycle falls below $10,000.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is a statement cycle.
Balance Computation Method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
You may make a maximum of six (6) transfers from your account to third parties by preauthorized, automatic, telephone transfer, check, draft, or similar order per statement cycle; and unlimited transactions on over-the-counter, mail, or ATM activity. A per-check fee of $10.00 will be charged for each check in excess of six per statement cycle.
Compounding and Crediting - Interest will be compounded daily. Interest will be credited monthly to your account. If you close your account before interest is credited, you will receive the accrued interest.
Accrual of Interest on Noncash Deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Additional Fees and Information - A dormant account fee of $5.00 will be charged each month if for 1 year (previous) there is no activity or other indication in writing from you of an interest in this account and your balance falls below $100.00.
Please see the Schedule of Fees and Services for more information regarding fees that may be assessed against your account.
STATEMENT SAVINGS ACCOUNT
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. For current rates, please see Interest Checking and Savings Rates. Minimum Balance Requirements - A deposit of $100.00 is required to open this account. A service fee of $3.00 will be imposed every statement cycle if the average daily balance for the statement cycle falls below $100.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is a statement cycle. A per item fee of $.50 will be charged for each withdrawal in excess of six during a month.
The service charge will not apply if you are 18 years old or younger.
Balance Computation Method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Compounding and Crediting - Interest will be compounded daily. Interest will be credited quarterly to your account. If you close your account before interest is credited, you will receive the accrued interest.
Accrual of Interest on Noncash Deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction Limitations - You may only make six (6) preauthorized transfers from your account each statement cycle. Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month with no transfers by check, draft, or similar order to third parties. A per item fee of $.50 will be charged for each withdrawal in excess of six during a month.
Additional Fees and Information - A dormant account fee of $.50 will be charged each month if for one year (previous) there is no activity or other indication in writing from you of an interest in this account and your balance falls below $100.00.s
Please see the Schedule of Fees and Services for more information regarding fees that may be assessed against your account.
The Halstead Bank 314 Main Street Halstead, KS 67056
(316) 835-2226
