Minimum balance Requirements: The minimum balance required to open this account is $100.00. No minimum balance fees are associated with this account.
Monthly Requirements: For the first month, this account will be a "cash only" account. Withdrawals and deposits can be made inside any of our branches. Direct deposits will be accepted.
2nd month: personal check deposits will be allowed and members will be able to order checks for the account. Members will need to notify us for the check ordering process.
3rd month: Members must have a 3 month (90-day) history with no returned checks or outstanding balance at any time. After maintaining the account in a satisfactory manner for FIVE consecutive months from the date of OPENING the account may be converted to our "Select Checking Account." Members must notify the credit union when the "N B 123" should be converted.
Special conditions: If for any reason the account has more than two returns of any kind (checks or ACH), the account will revert to the 1st month's requirements. If this takes place more than 3 times, the member will not qualify for the "Select Checking" and may be converted to a "cash only" savings.
Fees: This account will have a monthly fee of $10.00.
Your savings federally insured to at least $250,000 and backed by