Checking

NOW Checking Account
Senior Checking Account
Basic Checking Account
Money Market Account

NOW Checking Account

This is an interest bearing account. Your interest rate and annual percentage yield may change on your account at any time. To view current rates, go to Deposit Rates. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest is calculated based on a 365 day year except when February 29th of a leap year falls within the period of deposit, in which the calculation may be based on a 366 day year. Interest will be compounded daily. Interest will be credited to your account every month. You must deposit $500.00 to open this account. A monthly fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $500.00 any day of the cycle. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.

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Senior Checking Account

This is an interest bearing account. Your interest rate and annual percentage yield may change on your account at any time. To view current rates, go to Deposit Rates. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest is calculated based on a 365 day year except when February 29th of a leap year falls within the period of deposit, in which the calculation may be based on a 366 day year. Interest will be compounded daily. Interest will be credited to your account every month. You must deposit $300.00 to open this account. A monthly fee of $3.00 will be imposed every statement cycle if the balance in the account falls below $300.00 any day of the cycle. You must maintain a minimum balance of $300.00 in the account each day to obtain the disclosed annual percentage yield.

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Basic Banking Checking Account

This is a non-interest bearing account. You must deposit $25.00 to open this account. A daily minimum balance of $0.01 must be maintained in the account for the account to remain open. You may make an unlimited amount of deposits and withdrawals. These include direct deposits and those transactions conducted at electronic facilities. There is no monthly maintenance fee on this account ATM fees and other fees may apply; refer to the fee schedule brochure.

You must be a resident of New York State to open this account.

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Money Market Account

This is an interest bearing account. Your interest rate and annual percentage yield may change on your account at any time. To view current rates, go to Deposit Rates. First Central Savings Bank Money Market Account is tiered – the higher your balance, the higher your interest rate may be. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest is calculated based on a 365 day year except when February 29th of a leap year falls within the period of deposit, in which the calculation may be based on a 366 day year. Interest will be compounded daily. Interest will be credited to your account every month. You must deposit $500.00 to open this account. A monthly fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $500.00 any day of the cycle. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, debit card, or similar order to third parties are limited to six per monthly statement cycle. A per item fee of $1.00 will be charged for each debit transaction (withdrawal, check paid, or payment out of this account) in excess of six during a month.

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