| FEATURES |
PASSBOOK SAVINGS |
STATEMENT SAVINGS |
SUPER PASSBOOK SAVINGS & PLATINUM STATEMENT SAVINGS |
CHRISTMAS SAVINGS |
MMDA |
FEATURES |
| Earns Interest |
Yes |
Yes |
Yes |
Yes |
Yes |
Earns Interest |
| Interest Rate Tiers |
N/A |
N/A |
$1,000-$9,999
$10,000-$24,999
$25,000-$74,999
$75,000 and up
|
N/A |
$2,500-$9,999
$10,00-$49,999
$50,000-$99,999
$100,000-$499,999 $500,000 and up
|
Interest Rate Tiers |
| Minimum Deposit to Open Account |
$50.00 |
$50.00 |
$1,000.00 |
N/A |
$2,500.00 |
Minimum Deposit to Open Account |
| Required Average Collected Balance to Waive Fees |
-Average collected balance of $200.00 required;
-$4.00 quarterly fee if average collected balance falls below minimum. |
-Average collected balance of $200.00 required;
-$4.00 quarterly fee if average collected balance falls below minimum (waived for age 50 and over and minors). |
-Average collected balance of $1,000.00 required;
-$5.00 monthly fee if average collected balance falls below minimum. |
No minimum |
-Average collected balance of $2,500.00 required;
-$10.00 monthly fee if average collected balance falls below minimum. |
Required Average Collected Balance to Waive Fees |
| ATM |
No |
STAR® only |
No |
No |
STAR® only |
ATM |
| NetTeller (Internet) / Telephone Banking |
Inquiry only |
Yes |
Inquiry only |
NetTeller - Yes
Telephone Banking - No |
Yes |
NetTeller (Internet) / Telephone Banking |
| Excess Debit Charges |
Debits for this account will be limited to 12 debits per quarter;
$1.00 per debit over maximum (12).
"Preauthorized", "automatic", and "telephone" transfers are restricted (6 per month).Withdrawals or transfers made in person, by mail or ATM are not restricted. |
"Preauthorized", "automatic", and "telephone" transfers are restricted (6 per month). Withdrawals or transfers made in person, by mail or ATM are not restricted. |
"Preauthorized", "automatic", and "telephone" transfers are restricted (6 per month). Withdrawals or transfers made in person, by mail or ATM are not restricted. |
Withdrawals are not allowed. |
"Preauthorized", "automatic", and " telephone" transfers are restricted (6 per month). Withdrawals or transfers made in person, by mail or ATM are not restricted.
$5.00 per debit over maximum (6).
|
Excess Debit Charges |
| Additional Disclosures |
-$5.00 quarterly fee is assessed to dormant and/or inactive accounts;
-$20.00 fee if account closes during the first 90 days;
-Online and telephone banking are limited to inquiries only. |
-$5.00 quarterly fee is assessed to dormant and/or inactive accounts;
-$20.00 fee if account closes during the first 90 days;
-Online and telephone banking cannot be used for bill pay. |
-$5.00 quarterly fee is assessed to dormant and/or inactive accounts;
-$20.00 fee if account closes during the first 90 days;
-Online and telephone banking are limited to inquiries only. |
-$5.00 quarterly fee is assessed to dormant and/or inactive accounts;
-No interest if the account closes prior to scheduled payout;
-Online banking limited to transfers in and inquiry only. |
$5.00 quarterly fee is assessed to dormant and/or inactive accounts. |
Additional Disclosures |
| Other Benefits |
Free telephone banking;
Free internet banking;
Free notary service;
Direct deposit. |
Free internet banking;
Free notary service. |
No fee at Cortland Banks ATMs;
Free notary service;
Direct deposit;
Free telephone banking;
Free internet banking. |
Other Benefits |