Account Information Schedule
Everything Savings Account
Annual Percentage Yield: The Annual Percentage Yield reflects the current interest rate and the effect of interest compounding. The interest rate and Annual Percentage Yield may change at any time at the Bank’s discretion.
Compounding and Crediting: Interest on this account will compound monthly and be credited on the monthly statement date.
Account Closing: Accrued but uncredited interest will not be paid if the account is closed prior to the next interest credit date.
Minimum to Open: The minimum balance required to open this account is $50.
Balance for Interest: Interest will be calculated on the daily collected balance in the account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of Interest on Noncash Deposits: Interest on this account will begin to accrue on the day that Dollar Bank receives credit for noncash deposits, such as checks.
Transaction Limitations: No more than six limited (preauthorized, telephonic, or via data transmission) transfers or payments may be made from this account during the month. A fee of $10 will be charged for each limited transfer or payment exceeding six per month. Everything Savings must be opened and maintained concurrently with Everything Checking.
Other Requirements for Account and Rate Eligibility: Everything Savings must be opened and maintained concurrently with an Everything Checking Account. The qualifying linked checking account must have six purchase or payment transactions post to the account per month via check, Online Banking, ACH Debit or Point of Sale transactions (both signature or PIN-based) in order for the linked savings account to earn the standard Annual Percentage Yield (APY) the following calendar month. If the activity requirement is not met, the account will earn the lowest APY associated with the savings account regardless of the account balance level.
Dollar Bank reserves the right to limit this account type to one account per customer.
Monthly Service Fee
There is no monthly minimum balance requirement to meet for this account and no monthly service fee.
Bank Card Access
There is no charge for banking card usage. Surcharges by other banks may apply. Unless otherwise noted, the daily limit for ATM cash withdrawals is $500 per debit or ATM card.
PLEASE CLICK HERE TO REFER TO THE “OTHER ACCOUNT FEES” DOCUMENT which is incorporated by reference.
ALL FEES SUBJECT TO CHANGE
Statement Savings
Annual Percentage Yield: The Annual Percentage Yield reflects the current interest rate and the effect of interest compounding. The interest rate and Annual Percentage Yield may change at any time at the Bank’s discretion.
Compounding and Crediting: Interest on this account will compound monthly and be credited on the monthly statement date.
Account Closing: Accrued but uncredited interest will not be paid if the account is closed prior to the next interest credit date.
Minimum to Open: The minimum balance required to open this account is $50.
Balance for Interest: Interest will be calculated on the daily collected balance in the account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of Interest on Noncash Deposits: Interest will begin to accrue on the day that Dollar Bank receives credit for noncash deposits, such as checks.
Monthly Service Fee
There is no monthly service fee and no minimum balance requirement to meet for this account.
Monthly Account Statement Options
| Electronic Statements | Free |
| Printed Statements | $3.00 |
Maintaining a $2,500 Average Collected Balance in the Savings Account during previous calendar month waives the statement fee.
Electronic Banking Fees via Use of a Banking Card
The following fees will be charged for banking card use unless one of the minimum balance requirements described below under HOW TO AVOID FEES is maintained. These fees are charged on the 1st of the calendar month for activity during the previous calendar month.
| Dollar Bank ATM Deposit, Withdrawal, or Transfer | No Charge |
| Foreign (non-Dollar Bank) ATM Activity | $2.50 |
Unless otherwise noted, the daily limit for ATM cash withdrawals is $500 per banking card.
How to Avoid Fees
Banking Card fees will be waived for any calendar month when one of the following minimum balance requirements is maintained:
| Savings Average Monthly Balance | $2,500 |
| Combined Average Monthly Balance in Savings & Linked Value Checking with Interest | $2,500 |
Maintaining the balance requirement in a linked checking or designated Passbook Savings account will also waive the banking card activity fees for the savings account. Please see the ACCOUNT INFORMATION SCHEDULES for those accounts for specific balance requirements.
PLEASE CLICK HERE TO REFER TO THE “OTHER ACCOUNT FEES” DOCUMENT which is incorporated by reference.
ALL FEES SUBJECT TO CHANGE
Passbook Savings
Annual Percentage Yield: The Annual Percentage Yield reflects the current interest rate and the effect of interest compounding. The interest rate and Annual Percentage Yield may change at any time at the Bank’s discretion.
Compounding and Crediting: Interest on this account will compound monthly and be credited on the monthly statement date.
Account Closing: Accrued but uncredited interest will not be paid if the account is closed prior to the next interest credit date.
Minimum to Open: The minimum balance required to open this account is $25.
Balance for Interest: Interest will be calculated on the daily collected balance in the account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of Interest on Noncash Deposits: Interest will begin to accrue on the day that Dollar Bank receives credit for noncash deposits, such as checks.
Monthly Service Fee
There is no monthly service fee and no minimum balance requirement for this account.
Designating Passbook Savings to Checking
A PASSBOOK SAVINGS account may be designated to one personal checking account to help offset the cost of maintaining a checking account. At least one owner of the designated PASSBOOK SAVINGS account must also be an owner of the personal checking account. Maintaining a $4,000 average monthly balance in a PASSBOOK SAVINGS account that has been designated to a personal checking account will waive the monthly service charge and/or banking card activity fees for the checking account and a linked statement savings account.
PLEASE CLICK HERE TO REFER TO THE “OTHER ACCOUNT FEES” DOCUMENT which is incorporated by reference.
ALL FEES SUBJECT TO CHANGE
No Overdraft Savings Account
Annual Percentage Yield: The Annual Percentage Yield reflects the current interest rate and the effect of interest compounding. The interest rate and Annual Percentage Yield may change at any time at the Bank’s discretion.
Compounding and Crediting: Interest on this account will compound monthly and be credited on the monthly statement date.
Account Closing: Accrued but uncredited interest will not be paid if the account is closed prior to the next interest credit date.
Minimum to Open: The minimum balance required to open this account is $25.
Balance for Interest: Interest will be calculated on the daily collected balance in the account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of Interest on Noncash Deposits: Interest will begin to accrue on the day that Dollar Bank receives credit for noncash deposits, such as checks.
No Overdraft Savings must be opened and maintained concurrently with No Overdraft Checking.
Monthly Service Fee
There is no monthly service fee and no minimum balance requirement to meet for this account.
Bank Card Access
No Overdraft Savings is a companion product to No Overdraft Checking. All funds deposited to and withdrawn from No Overdraft Savings must be transferred through No Overdraft Checking. No direct access to No Overdraft Savings is allowed.
PLEASE CLICK HERE TO REFER TO THE “OTHER ACCOUNT FEES” DOCUMENT which is incorporated by reference.
Note that the Overdraft Fees listed do not apply to No Overdraft Checking Accounts.
ALL FEES SUBJECT TO CHANGE
Premier Savings Account
Annual Percentage Yield: The Annual Percentage Yield reflects the current interest rate and the effect of interest compounding. At the Bank’s discretion, the interest rate and annual percentage yield may change at any time.
Compounding and Crediting: Interest on this account will compound monthly and be credited on the monthly statement date.
Account Closing: Accrued but uncredited interest will not be paid if the account is closed prior to the next interest credit date.
Minimum to Open: The minimum balance required to open this account is $5,000.
Balance for Interest: Interest will be calculated on the daily collected balance in the account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of Interest on Noncash Deposits: Interest on this account will begin to accrue on the day that Dollar Bank receives credit for noncash deposits, such as checks.
Transaction Limitations: Two withdrawals, payments and/or transfers out of this account are permitted each month at no charge. Withdrawals, payments, or transfers exceeding two in total per month will be charged $10 each. No more than six limited (preauthorized, telephonic, or via data transmission) transfers or payments may be made from this account during the month. An additional fee of $10 will be charged for each limited transfer or payment exceeding six per month. Dollar Bank reserves the right to limit this account type to one account per customer.
Premier Savings will pay a premier rate with a qualifying checking account. The qualifying linked checking account must have six purchases or payment transactions post to the account per month via check, Online Banking, ACH Debit, or Point of Sale (both signature or PIN-based) in order for the linked savings account to earn the Premier Annual Percentage Yield (APY) the following calendar month. If the activity requirement is not met, the account will earn the lowest APY associated with the savings account regardless of the account balance level.
Monthly Service Fee
A monthly service fee of $25.00 will be charged unless the minimum balance requirement described below under HOW TO AVOID FEES is maintained.
Bank Card Access
There is no charge for banking card usage. Surcharges by other banks may apply. Unless otherwise noted, the daily limit for ATM cash withdrawals is $500 per banking card.
How to Avoid Fees
The monthly service charge will be waived for any calendar month when one of the following minimum balance requirements is maintained:
| Premier Savings Account Average Monthly Balance | $20,000 |
PLEASE CLICK HERE TO REFER TO THE “OTHER ACCOUNT FEES” DOCUMENT which is incorporated by reference.
ALL FEES SUBJECT TO CHANGE