A secure, FDIC insured, interest-bearing savings account.
Features
- A variable interest rate that may change weekly, not tied to any index.
- Interest is compounded quarterly and paid each February, May, August and November.
- Withdrawals are generally limited to 6 per month.
Fees
No maintenance fee if the account maintains an average daily balance during a month of over $100. Otherwise, a monthly maintenance fee of $2.00 is imposed. An excess withdrawal fee of $3.00 is charged for each withdrawal in excess of 6 per month.