Products

SAVINGS ACCOUNTS

Savings Account
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.

SAVINGS ACCOUNT
This is a savings account, and the funds are not subject to be withdrawn by check or other similar negotiable instrument. Interest is paid monthly at a rate determined by bank management.

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.

GOLD SAVINGS
This is a premium savings account, which offers a higher rate of interest than a regular savings account and a money market checking account. The interest rate paid on this account is determined by bank management and is subject to change without notice.

Compounding and Payment Frequency: Interest is compounded quarterly. 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: One withdrawal per quarter is allowed. Transfers from this account to another account, to third parties by preauthorization, automatic, or telephone are not allowed.

Fees: An excessive withdrawal fee of $10 will be assessed for each withdrawal in excess of one during each calendar quarter.