SAVINGS ACCOUNTS
Bussiness Savings Account
Business Gold Savings
This disclosure contains information about terms, fees, and interest rates for some of the accounts we offer. Interest Rates and Annual Percentage Yields are current as of May 1, 2000. For current rate information call (775) 753-3800 or toll free (887)226-5482.
BUSINESS SAVINGS ACCOUNT
An account that offers interest with no term restiction.
Balance Information: The daily balance method is used to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Limitations: Six (6) transfers or withdrawals are allowed per month if by
preauthorized or automatic transfer or by telephone. Transfers and withdrawals made in
person, by messenger, by mail or at an ATM are unlimited.
Account Fees: A $2 charge is assessed if the balance drops below $200. A $2 excessive withdrawal fee is accessed for withdrawals exceeding three.
BUSINESS GOLD SAVINGS
Offers interest with no term restrictions. The passbook must be present for all transactions.
Balance Information: The daily balance method is used to calculate interest on the account. This method applies a daily periodic rate to the principal balance each day.
Limitations: A $25000.00 deposit is required to open this account. One withdrawal per calendar quarter is allowed. If the balance drops below the minimum $25000.00, the account will earn at the regular savings rate.
Account Fees: The account is subject to a $10 excessive withdrawal fee.
