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Reorder Checks
Reorder Deluxe Personal Checks
 
March 11, 2010
Savings

Account Type Opening Deposit Monthly Service Charge Minimum Balance Required ATM/Debit Card Interest Bearing
Passbook Savings   More Info
$10.00   None   $10.00   None   Yes  
Statement Savings   More Info
$10.00   None   $10.00   ATM Only   Yes  
MMDA Passbook   More Info
$10.00   None   $10.00   None   Yes  
MMDA Statement   More Info
$10.00   None   $10.00   ATM Only   Yes  
Statement Savings Christmas Club   More Info
$1.00   None   $10.00   None   Yes  
Statement Savings Vacation Club   More Info
$1.00   None   $10.00   None   Yes  

Passbook Savings

There is no monthly statement on this account. The passbook is the record of account transactions and must be presented each time a withdrawal is made.

Transfers

Transfers from this account to another account or to third parties by preauthorized, automatic or telephone transfers are limited to six per month.

Interest

Interest is compounded daily and paid quarterly.

Minimum Balance Requirement

  • A minimum deposit of $ 10.00 is required to open this account.
  • This account requires a balance of at least $ 10.00 for the entire calendar quarter to receive interest for that quarter.
  • A minimum balance of $100.00 in the account every day is required to obtain the annual percentage yield (APY).

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Statement Savings

The monthly statement is your record of all transactions processed to the account.

Transfers

Transfers from this account to another account or to third parties by preauthorized, automatic or telephone transfers are limited to six per month.

Interest

Interest is compounded daily and paid quarterly.

Minimum Balance Requirement

  • A minimum deposit of $ 10.00 is required to open this account.
  • This account requires a balance of at least $ 10.00 for the entire calendar quarter to receive interest for that quarter.
  • A minimum balance of $100.00 in the account every day is required to obtain the annual percentage yield (APY).

ATM Transaction Charges

Your account will be charged the following fees for transactions proccessed at any non-proprietary Automated Teller Machine (ATM not owned by Watertown Savings Bank).

  1. $1.00 for each withdrawal.
  2. $0.50 for each transfer of funds.
  3. $0.50 for each balance inquiry.
  4. No charge for pos (point of sale) transactions.

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MMDA Passbook

There is no monthly statement on this account. The passbook is the record of account transactions and must be presented each time a withdrawal is made.

Interest Rate

Ineterest Rates on this account are variable and may be changed after the account has been opened.

Transfers

Transfers from this account to another account or to third parties by preauthorized, automatic or telephone transfers are limited to six per month.

Interest

Interest is calculated on a simple basis and paid monthly.

Minimum Balance Requirement

  • A minimum deposit of $ 10.00 is required to open this account.
  • This account requires a balance of at least $ 10.00 for the entire month to receive interest for that month.
  • A minimum balance of $100.00 in the account every day is required to obtain the annual percentage yield (APY).

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MMDA Statement

Statements are mailed monthly on this account. The monthly statement is your record of all transactions processed to the account.

Interest Rate

Ineterest Rates on this account are variable and may be changed after the account has been opened.

Transfers

Transfers from this account to another account or to third parties by preauthorized, automatic or telephone transfers are limited to six per month.

Interest

Interest is calculated on a simple basis and paid monthly.

Minimum Balance Requirement

  • A minimum deposit of $ 10.00 is required to open this account.
  • This account requires a balance of at least $ 10.00 for the entire month to receive interest for that month.
  • A minimum balance of $100.00 in the account every day is required to obtain the annual percentage yield (APY).

ATM Transaction Charges

Your account will be charged the following fees for transactions proccessed at any non-proprietary Automated Teller Machine (ATM not owned by Watertown Savings Bank).

  1. $1.00 for each withdrawal.
  2. $0.50 for each transfer of funds.
  3. $0.50 for each balance inquiry.
  4. No charge for pos (point of sale) transactions.

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Statement Savings Christmas Club

  • This club is a fifty-two (52) week statement account. The monthly statement is your record of all transactions processed to the account.
  • No withdrawals are permitted on this account unless the account is closed.

Interest

Interest is compounded daily and paid quarterly and at maturity.

Minimum Balance Requirement

  • A minimum deposit of $ 1.00 is required to open this account. However, the deposit amount and frequency of deposit is controlled by the customer.
  • The maximum balance allowed in any single club account is $5,200.00.
  • This account requires a balance of at least $ 10.00 for the entire calendar quarter to receive interest for that quarter.
  • A minimum balance of $100.00 in the account every day is required to obtain the annual percentage yield (APY).

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Statement Savings Vacation Club

  • This club is a fifty-two (52) week statement account. The monthly statement is your record of all transactions processed to the account.
  • No withdrawals are permitted on this account unless the account is closed.

Interest

Interest is compounded daily and paid quarterly and at maturity.

Minimum Balance Requirement

  • A minimum deposit of $ 1.00 is required to open this account. However, the deposit amount and frequency of deposit is controlled by the customer.
  • The maximum balance allowed in any single club account is $5,200.00.
  • This account requires a balance of at least $ 10.00 for the entire calendar quarter to receive interest for that quarter.
  • A minimum balance of $100.00 in the account every day is required to obtain the annual percentage yield (APY).

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