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| There's one point that all investment experts agree on:
the sooner you start putting money away, the better. The good news is that you don't
need a lot of money to start a savings plan. Open a Guaranty Statement
Savings account with just $100 — even less if you're age 18 or younger — and enjoy the
unique satisfaction of watching your money earn interest. And if you're younger
than age 18, there is no monthly fee, regardless of your account balance.
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Features of Statement Savings
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- Low minimum opening balance
- No monthly fee for customers age 18 or younger
- Earn interest on your entire balance
- ATM Card
- No charge for the first two withdrawals made each month
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Minimum Opening Deposit
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$100 for customers 19 and older
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$25 for customers under age 19
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Monthly Service Charges
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- There is no monthly fee unless your minimum daily balance falls below $300, which results in a $3 fee.
- There is no monthly fee for customers under age 18 or younger.
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Account Specifications
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- Unlimited deposits
- Quarterly activity statements
- Interest compounded quarterly
- No minimum balance to earn interest
- Interest rates subject to change
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Details
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Excess Activity Charge - There is a
$3 charge for each over the counter withdrawal in excess of two during a month.
Federal regulations limit this account to six third-party withdrawals per
statement cycle. There is a $10 charge for each third-party withdrawal beyond
the federal limit.
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Guaranty Bank offers a variety of services that provide convenience and security to your accounts.
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Equal Housing Lender.
