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AVERAGE DAILY BALANCE
The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
- Minimum balance to open: $200
- Transit Item Fee = $.10
- Monthly Fee = $3.00
- Charge Per Check Written = $.10
- A credit back against your service charge will be calculated at $.05 per $100 on your average collected balance per statement period.