A deposit of at least $5.00 is required to open a personal savings account.
You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
You may make unlimited in-person withdrawals. You may make up to six (6) pre-authorized, automatic, or telephone transfers per month.
Interest begins to accrue on the business day you deposit noncash items (checks, for example). We use the daily balance method to calculate the interest on your account.
Interest will be compounded and credited quarterly. If you close your account before interest is credited, you will not receive the accrued interest.
Your interest rate and annual percentage yield (APY) may change. Please see the rate chart provided at account opening for the rate as of that date.
For current rates, please contact Waldo State Bank.
For custodial account information, visit our kid's club page!