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This account is recommended for those depositors who maintain a higher balance.
This is an FDIC insured deposit that has deposit tiers. Interest is paid on the full balance in the account at the rate that corresponds to that deposit tier. If the balance falls below the minimum requirement, the rate will be adjusted to the current NOW account rate. You may make six (6) transfers from your account, PER MONTHLY CYCLE PERIOD. The six (6) transfers limit refers to “preauthorized transactions” and the three-transaction limit includes third party checks, drafts and debit cards, including point of sale (POS) transactions. In person transactions, including those conducted at an ATM are unlimited. With the Money Market Checking account, the depositor receives a monthly statement of transactions similar to a checking account. Interest on this account is compounded daily and credited monthly. The depositor is eligible to receive a free Star ATM card. The minimum balance that is required to open this account is $1000. All deposits are subject to collection before withdrawal. The depositor receives free access to the telephone banking system. Please call for additional details.
Current rates can be found on our rate sheet.
This account is similar to a Passbook Savings Account and is recommended for those depositors who maintain a higher balance.
This is an FDIC insured deposit that has deposit tiers. Interest is paid on the full balance in the account at the rate that corresponds to that deposit tier. If the balance falls below the minimum requirement, the rate will be adjusted to the current NOW account rate. The minimum balance that is required to open this account is $1000. All deposits are subject to collection before withdrawal. Interest is compounded daily and credited monthly. Please call for additional details.
Current rates can be found on our rate sheet.
Fees may reduce earnings on the account.
TEMPORARY FDIC GUARANTEE PROGRAM
Freehold Savings Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
