Account Types:  Savings, Personal/Business Account

Variable Rate Information

  • Call 979-732-2332 for current rates.

  • Your interest rate and annual percentage yield may change.

  • Determination of Rate: At our discretion, we may change the interest rate on your account.

  • Frequency of Rate Change: We may change the interest rate on your account at any time.

  • Limitations on Rate Changes: There are no maximum or minimum interest rate limits for this account

Compounding and Crediting

  • Interest will be compounded monthly and will be credited to your account monthly.

  • If you close your account before interest is credited, you will not receive the accrued interest.

Minimum Balance Requirements

  • You must deposit $200.00 to open this account.

  • A minimum balance Service Charge (maintenance fee) of $3.00 will be imposed every statement cycle if the balance falls below $200.00 any 1 day of the statement cycle.

  • You must maintain a minimum daily balance of $200.00 in the account each day to obtain the disclosed annual percentage yield.

  • You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.

Processing Order

  • All credit transactions are processed first

  • Debits, or withdrawals, from your account will be processed in check number order

  • All other items are processed smallest item first

Balance Computation Method

  • We use the daily balance method to calculate interest on your account.

  • This method applies a daily periodic rate to the principal in the account each day.

Accrual on Noncash Deposits

  • Interest begins to accrue on the business day you receive credit for the deposit of noncash items (for example: checks).

Transaction Limitation

  • You may make an two withdrawals from your account every statement cycle.

  • A Service Charge (maintenance fee) of $5.00 will be imposed for each subsequent debit.

Current Rate Information

  • The rate(s) and annual percentage yield(s) disclosed above were offered and accurate within the most recent seven calendar days.

  • To obtain current rate and percentage yield information, please call 979-732-2332.


Please click here for a New Accounts application, or contact our New Accounts Officer, John J. Polach, Jr. at 979-732-2332 or email us at bankinfo@fsbcolumbus.com.

 

© 2010 First State Bank of Columbus Texas.  All Rights Reserved
420 Walnut - Post Office Box 9, Columbus, Texas 78934-0009
Phone: 979 732.2332 - Fax: 979 732.2016
Privacy Policy
Complaint Notice
Fees and Charges