|
$100 |
$100 Avg. Balance |
$100 Avg. Balance |
$10 |
- Available as personal or business account.
- A SussexBank checking account is required to open this account.
- Account earns a higher interest rate than Statement Savings.
- Unlimited deposits and 4 free withdrawals at a teller counter can be made each month. A $.50 excessive withdrawal fee (Debit Item Fee) applies to each withdrawal at a teller counter in excess of 4 per month.
- Customer receives a register to record transactions. Monthly statements reflecting all transactions are also provided.
- Debit Card access is available for personal and business accounts.
- Interest accrues on deposits the day the deposit is made.
- Variable interest rate compounds monthly and credits to the account monthly.
- When account is closed, accrued interest not yet posted, is forfeited.
|
|
$100 |
$100 Avg. Balance |
$500 Avg. Balance |
$4 |
- Available as personal or business account.
- Unlimited deposits and 4 free withdrawals at a teller counter can be made each month. A $.50 excessive withdrawal fee (Debit Item Fee on periodic statement) applies to each withdrawal at a teller counter in excess of 4 per month.
- Accounts held by minors (under the age of 18) are not subject to balance fees or excessive withdrawal fees.
- Customer receives a register to record transactions. Monthly statements reflecting all transactions are also provided.
- Debit Card access is available if a SussexBank personal or business checking account is also maintained.
- Interest accrues on deposits the day the deposit is made.
- Variable interest rate compounds monthly and credits to the account monthly.
- When account is closed, accrued interest not yet posted, is forfeited.
|
|
$100 |
$100 Avg. Balance |
$500 Quarterly Avg. Balance |
$9/Quarter |
- Available as personal or business account.
- Unlimited deposits and 12 free withdrawals can be made each quarter.
- A $.50 excessive withdrawal fee (Debit Item Fee on Periodic Statement) applies to each withdrawal in excess of 12 per quarter.
- Accounts held by minors (under the age of 18) are not subject to balance
fees or excessive withdrawal fees.
- Passbook must be presented for each deposit or withdrawal.
- Debit Card access is not available.
- Interest accrues on deposits the day the deposit is made.
- Variable interest rate compounds quarterly and credits to the account quarterly.
- When account is closed, accrued interest not yet posted, is forfeited.
|
| Tiered Personal Money Market |
|
|
$1,000 |
$1,000 Avg. Balance |
$2,500 |
$15 |
- Account earns higher rates of interest, according to the following balance ranges: $1,000 - $9,999; $10,000 - $24,999; and $25,000+.
- Account offers limited check writing: six pre-authorized transactions are permitted each statement cycle, of which three can be third party checks.
- Account is subject to an Excessive Activity Fee (in excess of three items per month) of $10 per item.
- Variable interest rate is based on the average daily balance and credits to the account monthly.
|
| Tiered Business Money Market |
|
|
$10,000 |
$10,000 Avg. Balance |
$10,000 |
$15 |
- Account earns higher rates of interest, according to the following balance ranges: $10,000 - $49,999; $50,000 - $99,999; and $100,000+.
- Account offers limited check writing: six pre-authorized transactions are permitted each statement cycle, of which three can be third party checks.
- Account is subject to an Excessive Activity Fee (in excess of three items per month) of $10 per item.
- Variable interest rate is based on the average daily balance and credits to the account monthly.
|
|
$5 |
n/a |
n/a |
n/a |
- Opening date (usually early May) is determined by the bank and runs for 50 consecutive weeks.
- A SussexBank checking or Statement Savings account is required.
- Automatic, weekly deductions (every Friday) are available in $5 increments between $5 and $100.
- If an account is opened late, the payments are accelerated with the first payment bringing the account up-to-date.
- Simple interest, credited at maturity on completed clubs.
|
|
$5 |
n/a |
n/a |
n/a |
- Opening date (usually early October) is determined by the bank and runs for 50 consecutive weeks.
- Automatic, weekly deductions (every Friday) from a SussexBank checking or Statement Savings account are available in $5 increments between $5 and $100.
- If an account with automatic, weekly deductions is opened late, the payments are accelerated with the first payment bringing the account up-to-date.
- Coupon books are available in $5, $10, $20 and $25 increments.
- Simple interest, credited at maturity on completed clubs.
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