(A traditional savings account which accrues interest from day of deposit)

1. Account earns interest set by bank.
2. Interest compounded daily.
3. Deposits/ withdrawals can be made in any amount.
4. Three withdrawals per month limit.
5. Preauthorized transfers available (three per month).
6. Passbook savings account.

**** A per item fee of $0.50 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of six during a month.
- Effect of closing an account - if an account is closed before the interest is credited on the statement cycle date, any accrued interest will not be paid.