State Club Account Disclosure

Rate Information - At our discretion, we may change the interest rate for this account.  The interest rate and annual percentage yield may change at any time.

Minimum Balance - No minimum balance to open or avoid fees

Compounding Frequency - Interest will be compounded monthly.

Crediting Frequency - Interest will be credited into this account monthly.

Daily Balance Computation Method - Interest is calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day.

Accrual of Interest on Non-cash Deposits - Interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.

Deposit Limitations - You may make an unlimited number of deposits into your account.

Fees & Charges - The following fees and charges apply to this account:

  • $6.00 service charge/monthly fee
  • $8.00 service charge/monthly fee to get images of checks

Please balance your statement within 10 days of receiving it. In the event of an error bring it to our attention immediately by contacting our bookkeeping department.

Please notify us if checks are lost or stolen. A stop payment order is $25.00. Your stop payment is good for 6 months and must be signed within 14 business days from the date the request was made.

In the event your account becomes overdrawn, your checks may be returned. A $26.00 overdraft/nsf charge per item will be assessed with a daily maximum of $104.00..

Frequent overdrafts will result in a checking account being closed.

Deposits made after 3:00 p.m. will be credited to your account by the close of the next business day.

Fees For Other Services

* In compliance with Truth In Savings Regulations