Account Disclosures
Savings
- Limited to six (6) transfers or withdrawals via ACH debits, POS Debits, Internet banking,
and telephone transfers a month
Certificate of Deposits
- The account will automatically renew at maturity for the current market
- You will have ten (10) calendar days from the maturity date to withdraw your funds
without being charged a penalty - No additional deposits or withdrawals are allowed other than earnings from this
account until the maturity date - If any of the deposit is withdrawn before the maturity date, a penalty will be imposed
which could result in partial loss of principal - Applicants MUST supply Monroe Savings Bank with the following criteria:
- Copy of valid Driver’s License for each applicant
- Signed signature card that is generated when you open your account.
- Your initial deposit payable to Monroe Savings Bank
Money Market Account
- Limited to six (6) transfers with only three (3) third party checks per cycle period
Business Savings
- Limited to 6 transfers or withdrawals via ACH debits, ODP Transfers, Internet banking
and telephone transfers a month