Kiddie Saver Account Disclosure

KIDDIE SAVER ACCOUNT DISCLOSURE OF ACCOUNT TERMS

The minimum deposit to open this account is $25.00. 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.

The interest rate on this account is 0.20%.

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.

Charges That May Apply 
Overdraft Fee$20.00 per item
Money Orders$2.00
Cashier's Check$4.00
Incoming WireFree
Outgoing Domestic Wire$15.00
International Wire$60.00
Collection Item$20.00
Canadian Check$15.00
Statement Copies$2.00 per month