Park Bank’s Investor Checking account combines the convenience of a traditional personal checking account with the earnings of a money market account.
|Minimum Balance Requirement||$10,000 average monthly ledger balance|
|Interest||No minimum balance required to earn interest.|
Interest based on applicable tier:
|Special Benefits||Online Banking including:
Money orders and cashier’s checks at no charge
First order of Park Bank checks
No debit card activation fee, no monthly or annual fee.
No annual fee Platinum Card (with credit approval).
Safe deposit box rental is waived for one year on boxes up to 5”x10.” One box per household.
|Visa debit card and ATM Access||Unlimited Park Bank ATM withdrawals|
Unlimited, service-charge free non-Park Bank ATM transactions**
|Maintenance Fees***||$12 per month if $10,000 minimum average monthly ledger balance requirement is not maintained|
*The interest rate and Annual Percentage Yield (APY) stated above are accurate as of March 15, 2013. If you would like current rate and APY information please call us at (608) 278-2801. We reserve the right to at any time require not less than 7 days notice in writing before any withdrawal from an interest bearing account. The interest rate and APY for your account depend on applicable rate tier. The interest rate and APY for these tiers may change at our discretion. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest will be com-
pounded and credited monthly. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Fees or withdrawals may reduce earnings. If you close your account before interest is credited, you will not receive the accrued interest.
**Park Bank service charges waived on non-Park Bank ATMs. Fees from other financial institutions may apply.
***Service schedule is incorporated by reference into this Truth in Savings disclosure.