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Regular Savings
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Home Personal Banking Saving Regular Saving
Our Regular Savings Account is a great way to help you plan for your future.
Features
Ideal for setting aside some extra funds
Minimum Balance to Open
$ 100.00
Minimum Balance Requirement
Minimum daily balance of $500 or more during the monthly cycle.
Monthly Service Charge
None if minimum balance requirement is met, otherwise $5 .00 plus $0.50 per debit in excess of 3 debits during a monthly cycle
Other Fees
The Bank will assess a $20.00 service charge when the account is close within 90 days of opening date.
Transaction Limitation
Transfers to another account or to third parties by preauthorized, automatic, telephone, or computer, OR transfers to third parties by check, draft, debit card or similar order are limited to six per monthly statement cycle.
Please refer to Center Bank’s "Truth in Savings Disclosure" for more detailed information.
Overdraft Protection
This service is available to the customers who have a savings and a checking account. Both accounts must be held by the same owners. When your checking account balance falls below zero, we automatically transfer from your savings account to your checking account in increments of $100. For each transfer, we charge $5 Overdraft Protection fee to your linked checking account. Each transfer is counted as one of the six limited transactions you are allowed each monthly statement cycle from your savings account. We will cancel your Overdraft Protection if you close your checking account.