Bank of Erath

Savings Accounts

SAVINGS PASSBOOKS:

  • $100.00 required to open a savings passbook
  • $1.00 required to open a savings passbook for a minor
  • 3 free withdrawals per calendar quarter, $1.00 per withdrawal fee after 3rd withdrawal
  • Direct Deposit accepted
  • Closure of account within 90 days of opening results in a $35.00 fee
  • Duplicate book charge $5.00
  • Free Online Banking
  • Free Classic Online Bill Payments
  • No Service Charge for Minors

 
Quarterly Service Charge based on Minimum Balance
$500.00 - Over No Charge
$300.00 - $499.99 $2.00
$00.00 - $299.99 $3.00

CHRISTMAS CLUB ACCOUNTS:

  • $1.00 required to open a Christmas Club Account
  • You choose the deposit amounts to meet your needs
  • Monthly payments can be deducted from your checking account

*Non Interest-bearing checking accounts and passbook accounts dormant for 1 year will be charged $5.00 per month on balances below $200.00.

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