FDIC-Insured Savings Options
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50 W. Lancaster Ave., Ardmore, PA 19003 610-896-6435
|Product Name||Statement Savings Account***||Personal Market Rate Account||Premium Money Market Account|
|Minimum Balance to Open||$25||$25||$50,000|
|Minimum Balance Required to Avoid Service Charge Fee||$100 Daily||$2,000 avg daily balance or $5,000 avg daily combined eligible balances*****||$50,000 Daily|
|Service Charge Fee if Minimum Balance is Not Met||$5 per statement cycle||$15 per statement cycle||$25 per statement cycle|
|Minimum Balance to Earn Interest||None||$2,500||$50,000|
|Interest*||Rate varies; compounded daily and paid monthly on collected balancesSee Rates||Tiered rate varies; compounded daily and paid monthly on collected balancesSee Rates||Tiered rate varies; compounded daily and paid monthly on collected balancesSee Rates|
|Online & Mobile Banking & Bill Pay||Free||Free||Free|
|VISA® Debit Card (Chip Card)||Free||Free||Free|
|ATM**||Free BMT||Free BMT||Free BMT|
|Checks, Pre-Authorized or Electronic Withdrawals||6 per cycle****||6 per cycle****||6 per cycle****|
*We use the daily balance method to calculate the interest in your account. **Surcharge fees by non-BMT ATM owners/operators may apply. ***No check access. No balance required for minors, until age 18 when statement savings account minimum balance requirement applies. ****6 per cycle using any combination of pre-authorized, automatic, telephonic or computer originated transfer services, checks, drafts, or similar orders to third parties or to yourself. A per item excess debit fee will apply for every third party transaction over 6 in the same statement cycle. *****Eligible includes personal checking, savings, and money market accounts.