Bank of Sunset and Trust Co.
 
Information
Services

Savings & Money Market Accounts

Account Type More Info Minimum
Opening
Balance
Monthly
Service
Charge
Balance to Avoid Service
Charge
Minimum
Balance to
Earn Interest
Personal Savings arrow $100 $2(a) $100 $100
Personal Savings
  • Rate Information: 

    This Account is an interest bearing account. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded daily and will be credited to the account quarterly. If the account is closed before interest is credited, you will not receive the accrued interest.
  • Balance Information: 

    We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
  • Limitations:

    You must deposit $100.00 to open this account. You may make two (2) transfers from your account each month at no charge. Transfers from a savings account to another account, or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month, with no transfers by check, draft, debit card or similar order to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
  • Services:

    Free internet banking
    Free telephone banking
  • Monthly Service Charge(a):
    (Based on minimum account balance)

    $100 or more, No Charge
    Less than $100, $2 monthly charge
    $1.00 each withdrawal in excess of 2 per month
    $10 early closure fee (within one year of opening)
Personal Money Market arrow $2,500 $10(b) $2,500 $2,500
Personal Money Market
  • Rate Information:

    This Account is an interest bearing account. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly. If the account is closed before interest is credited, you will not receive the accrued interest.
  • Balance Information:

    We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
  • Limitations:

    You must deposit $2,500.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. An excess withdrawal fee of $10.00 will be charged each statement cycle for each withdrawal in excess of six. If you continue to exceed these limitations, we may close your account.
  • Services:

    Free internet banking
    Free telephone banking
  • Monthly Service Charge:
    (Based on minimum account balance)

    $2,500 or more, No charge
    Less than $2,500, $10
Premium Money Market arrow $5,000 $10(c) $5,000 $5,000
Premium Money Market
  • Rate Information:

    This Account is an interest bearing account. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly. If the account is closed before interest is credited, you will not receive the accrued interest.
  • Balance Information:

    We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $5,000 in the account each day to obtain the disclosed annual percentage yield.
  • Limitations:

    You must deposit $5,000.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. An excess withdrawal fee of $10.00 will be charged each statement cycle for each withdrawal in excess of six. If you continue to exceed these limitations, we may close your account.
  • Services:

    Free internet banking
    Free telephone banking
    Free 1st box of checks
    Free money orders
  • Monthly Service Charge(c):
    (Based on minimum ledger balance)

    $5,000 or more, No Charge
    Less than $5,000, $10
Executive Money Market arrow $50,000 $10(d) $50,000 $50,000
Executive Money Market
  • Rate Information:

    This Account is an interest bearing account. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly. If the account is closed before interest is credited, you will not receive the accrued interest.
  • Balance Information:

    We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $50,000 in the account each day to obtain the disclosed annual percentage yield.
  • Limitations:

    You must deposit $50,000.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. An excess withdrawal fee of $10.00 will be charged each statement cycle for each withdrawal in excess of six. If you continue to exceed these limitations, we may close your account.
  • Services:

    Free internet banking
    Free telephone banking
    Free 1st box of checks
    Free money orders
  • Monthly Service Charge (d):
    (Based on minimum ledger balance)

    $50,000 or more, No Charge
    Less than $50,000, $10

Financial Calculators
How much do I need for a rainy day, retirement, my child's education, a dream vacation - click here to calculate how much you will need for those special times.

Customer Service
Contact one of our friendly customer service representatives at one of our locations. They will be happy to help you find the account or service that's right for you.

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