Ultimate Savings Account
- Minimum Opening Deposit
$100.00
- Transaction Limitations
$1.00 will be
charged for each debit in excess of three during a quarter
- If the balance falls below
$50.00 at any time during any month, a monthly maintenance fee
of $3.00 will be charged for that statement cycle in which the
minimum balance requirement was not met.
- Minimum monthly auto transfer
of $25.00 from your First Texoma National Bank deposit account.
- Compounding and crediting frequency
Interest will be
compounded and credited to your account quarterly.****
- Interest Rate
This account will earn a higher interest rate compared to our Regular Savings.
****Rates
& annual percentage yield subject to change daily.
Average daily balance method used to calculate interest
on the account.
Interest compounds quarterly.
Fees may reduce earnings.
Contact us at any location for current rate information.
For additional rules and disclosures please refer to the "Truth
In Savings" brochure
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Regular Savings
- Minimum Opening Deposit
$50.00
- Transaction Limitations
$1.00 will be charged for each debit in excess of three during a quarter
- If the balance falls below $50.00 at any time during any month, a monthly maintenance fee of $3.00 will be charged for that statement cycle in which the minimum balance requirement was not met.
- Compounding and crediting frequency
Interest will be compounded and credited to your account quarterly.****
****Rates
& annual percentage yield subject to change daily.
Average daily balance method used to calculate interest on the
account.
Interest compounds quarterly.
Fees may reduce earnings
Contact us at any location for current rate information.
For additional rules and disclosures please refer to the "Truth
In Savings" brochure
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Money Market
For additional rules and disclosures please refer to the "Truth
In Savings" brochure
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Optimum Money Market
For additional rules and disclosures please refer to the "Truth
In Savings" brochure
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Power Savers Club
Power Savers Club is a savings club for children from birth through the age 12. Children learn how to save their money and develop responsible savings habits.
Studies show that the earlier in life a savings habit is established, the more likely children will be to continue to save as adults!
For additional rules and disclosures please refer to the "Truth
In Savings" brochure
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Certificates of Deposit
Terms - 91 day,182 day,12 month,24 month,36 month, 48 month, 60 month
Earn competitive interest rates that are guaranteed until maturity with a First Texoma National Bank CD. A variety of terms is offered. Interest can be compounded, automatically deposited into your checking or savings account, or mailed to you.
Contact us at any location for current rates
- Minimum Opening Deposit
$1,000.00
- Penalties for early withdrawal
A
penalty may be imposed for withdrawals before maturity.
If your account has an original maturity of :
-91
days the
fee we may impose will equal one month’s interest on the amount
withdrawn subject to penalty.
-92
days to a year the
fee we may impose will equal three month’s interest on the amount
withdrawn subject to penalty.
-More
than one year
the
fee we may impose will equal six month’s interest on the amount
withdrawn subject to penalty.
- Transaction Limitations
You
may not make any deposits into your account before maturity.
You may make withdrawals of principal from your account before
maturity. You can withdraw
interest accrued in the term before maturity of that term without
penalty
- Compounding and crediting frequency
Daily
balance method used to calculate interest on the account.
Interest will be credited to your account monthly, quarterly or
at maturity when the maturity is
less than one year. Alternatively, you may choose to have
interest paid to you by check or credited to another account monthly
or quarterly rather than credited to this account.
- CD renewal options
Automatically renewable - will renew at maturity. You will have 10 calendar days after maturity to withdraw funds without a penalty.
Non-automatically renewable - will not automatically renew at maturity. If account is not renewed, interest will not accrue after maturity.
- The
annual percentage yield assumes interest will remain on deposit until
maturity.
A withdrawal will reduce earnings.
For additional rules and disclosures please refer to the "Truth
In Savings" brochure
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IRAs
Terms - 91 day,182 day,12 month,24 month,36 month, 48 month, 60 month
An IRA is a personal savings plan that provides income tax advantages to individuals saving money for retirement purposes.
- Minimum Opening Deposit
$1,000.00
- Penalties for early withdrawal
If your account has an original maturity of one year: The fee we impose will equal three months interest on the amount withdrawn subject to penalty.
If your account has an original maturity of more than one year: The fee we impose will equal six months interest on the amount withdrawn subject to penalty.
- Transaction Limitations
-You
may make multiple deposits into your account, up to the maximum
allowable by law.
-You may make withdrawals of principal from your account before
maturity.
-You can withdraw interest accrued in the term before maturity of that
term without penalty.
- Compounding and crediting frequency
Daily
balance method used to calculate interest on the account.
Interest will be compounded and credited to your account
monthly.
- Automatically renewable time account
This account will automatically renew at maturity.
For additional rules and disclosures please refer to the "Truth
In Savings" brochure
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