Checking Accounts

Regular Checking

No monthly fee when an average daily ledger balance of $500.00 is maintained.
If the average daily ledger balance is less than $500.00, there will be a $5.00 service fee per statement cycle.
An  unlimited number of transactions are allowed on this account.
A minimum opening deposit of $250.00 is required.
Accounts closed within 90 days of the opening date will be assessed a $10.00 closing fee.

NOW Account

No monthly fee when an average daily ledger balance of $1,000.00 is maintained.
If the average daily ledger balance is less than $1,000, there will be a $5.00 service fee per statement cycle.
An unlimited number of transactions are allowed on this account.
A minimum opening deposit of $100.00 is required.
The interest rate and annual percentage yield (APY) on your account may change.
At our discretion, we may change the interest rate on your account monthly.
The average daily available balance method is used to calculate interest on your account.*
Interest is compounded monthly and credited to your account on the last business day of the month.
Interest begins to accrue on the day we receive credit for the deposit of non-cash items (checks).
Accounts closed within 90 days of the opening date will be assessed a $10.00 closing fee and loss of accrued interest will also result.

Money Market Deposit Account

No monthly fee when an average daily ledger balance of $1,000.00 is maintained.
If the average daily ledger balance is less than $1,000, there will be a $5.00 service fee per statement cycle.
A depositor may make no more than six (6) withdrawals per statement cycle.  
Each additional withdrawal will be assessed a $5.00 per item service fee.
A minimum opening deposit of $100.00 is required.
The interest rate and annual percentage yield (APY) on your account may change.
At our discretion, we may change the interest rate on your account monthly.
The average daily available balance method is used to calculate interest on your account.*
Interest is compounded monthly and credited to your account on the last business day of the month.
Interest begins to accrue on the day we receive credit for the deposit of non-cash items (checks).
Accounts closed within 90 days of the opening date will be assessed a $10.00 closing fee and loss of any accrued interest will also result.

*The average daily available balance method applies a periodic rate to the average daily available balance in the account for the period. The average daily available balance is calculated by adding the principal in the account for each day of the period and dividing the figure by the number of days in the period.


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The Bank of Harlan
606-573-1202
info@bankofharlan.com