Savings Account Disclosure

Savings Account Disclosure

The minimum deposit to open this account is $100.00.

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 573-392-3381 or 573-378-5464.

Interest will be compounded daily and credited to your account at the end of each calendar quarter. 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 at the end of each calendar quarter. If your account has any electronic transaction activity you will receive a statement each month that such transactions are posted.


Savings accounts are limited to 6 withdrawals per month for electronic transactions or any other withdrawals that you do not make in person at the bank. This limitation includes transactions such as ATM withdrawals, Internet transfers, Phone banking transfers, Direct bill payments, etc.

 Charges That May Apply

 If daily balance drops below $100.00 anytime during the month.    $3.00 per month

 Over 6 withdrawals a month  (whether made in person, by ATM, or any other electronic withdrawal.

   $1.00 per withdrawal over 6
 Return Item Fee   $20.00 per item for electronic withdrawals
 Overdraft Fee   $20.00 per item , whether made in person, by ATM, or any other electronic withdrawal.
 Stop Payment   $20.00 per item (Expires in 6 months)
 Account Monitoring  

$20.00 per month.

 Money Orders   $2.00 each
 Cashier’s Check   $4.00 each
 Incoming Wire   Free
 Outgoing Domestic Wire   $15.00
International Wire   $60.00
ATM Replacement Card   $5.00
Cash Management   $5.00 per transfer
Collection Item   $20.00
Canadian Check   $15.00
Garnishments or Levies   $25.00
Research Fee   $35.00 per hour
Statement Copies   $2.00 per month
Notary Public   Free