Kiddie Saver Account Disclosure of Account Terms
The minimum deposit to open this account is $25.00.
You may make an unlimited number of deposits into this account.
This account is for children 15 years of age and younger. Upon attainment of age 16, this account will automatically convert to a regular savings account and the terms and conditions of that account will apply. Absolutely no ACH, Electronic or ATM transactions are allowed on this account.
Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account. You may inquire as to the current rate on your account by calling Eldon Main 573-573-3381 or Versailles 573-378-5464.
Interest will be compounded daily and credited to our account semiannually. The annual percentage yield assumes interest remains on deposit. A withdrawal of the interest will reduce earnings.
We use the daily collected balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected balance in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
You will receive a statement semiannually.
The Kiddie Saver Account is limited to 12 free withdrawals in a 6-month statement cycle. The charge for each additional withdrawal is $1.00 per withdrawal.
OTHER CHARGES THAT MAY APPLY
Return Item: $20.00 per check or electronic withdrawal returned due to insufficient available funds in the account. Fee charged for the first presentment only.
Overdraft Service: $20.00 per check, per in-person withdrawal, ATM withdrawal, or any other electronic withdrawals drawn against insufficient funds and paid into the overdraft. $100 daily maximum.
Stop Payment Charge: $20.00 per check or electronic withdrawal.
Account Activity Monitoring: $25.00 per month
Money Order Fee: $2.00
Cashier’s Check Fee: $4.00
Notary Public: Free
Incoming Domestic Wire: Free
Outgoing Domestic Wire Fee: $15.00
International Wire (Incoming or Outgoing): $75.00
Collection Item Fee: $20.00 (or actual cost)
Canadian Check Deposited: $15.00
Statement Copies: $2.00 per month
Account Activity Printout: $2.00 per printout
Personalized Checks: Price will vary depending on style
Research Fee: $35.00 per hour
Garnishments or Levies: $25.00
Debit Card Replacement: $10.00 (One free replacement will be provided each year, if necessary).
Stop a Lost, Stolen, or Compromised Debit Card: $10:00
