|
Kansas
State Bank encourages early savings habits. If you are under 18
years of age, the Youth Savings account is designed to meet your
needs. A detailed statement is mailed quarterly. Interest is paid
and service fees are deducted monthly. Please visit with one of
our financial representatives to obtain current rate and APY
information.
| Minimum
to open account |
$1.00 |
| Monthly
service fee |
no
charge |
| First
3 withdrawals per month |
no
charge |
| Per
debit item fee after three |
$1.00 |
| Withdrawals
limited to six per month |
The
interest rate and annual percentage yield may change, any time, at
our discretion. Interest will compound and pay to your account
monthly. We use the daily balance method to calculate the interest
in your account. This method applies a daily periodic rate to the
principal in the account each day. Interest begins to accrue no
later than the business day we receive credit for the deposit of
non-cash items (for example, checks).
If
you close an interest bearing account before the interest is
credited, you will receive the accrued interest.
|
