Regular Savings Account

Designed as a basic savings account, especially for those with limited banking needs. Ideal for a first account for your children or for those people who need only the most basic of savings accounts.

  • The minimum deposit required to open this account is $50.
  • You must maintain a minimum balance of $50 in the account each day to avoid a fee and obtain the Annual Percentage Yield.
  • There are no deposit limitations. Withdrawal limitations do exist.
  • Your interest rate and Annual Percentage Yield may change. At our discretion, we may change the interest rate on your account at any time.
  • Interest begins to accrue on the date of deposit if received by 2:30 p.m.
  • Interest is compounded monthly and credited to your account monthly when the statement is prepared. If you close your account before interest is credited, you will not receive the accrued interest.
  • We use the daily balance method to calculate the interest on your account. This method applies a periodic rate to the daily balance in the account for the period.
  • Monthly minimum balance fee if the daily balance drops below $50 on any day of the month: $ 2.00
  • Three withdrawals allowed per statement cycle with no service charge. Each additional withdrawal are charged: $ 5.00
sunset over south padre island shore

Bank by phone to obtain information about your checking, savings, or loan account 24 hours a day, 7 days a week by dialing (956) 761-5425 or 1-888-653-9559.

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