SAVINGS ACCOUNTS

Your savings earn a variable rate of interest compounded and paid quarterly in February, May, August and November.  Interest is computed daily on the collected balance.  Six free withdrawals are allowed per quarter.  Withdrawals in excess of six will be charged $.50 each.  Statements are mailed semi-annually in May and November.  A minimum opening deposit of $50 is required except on minor accounts.  Rate is subject to change without notice.

Average Daily Balance	Quarterly Service Charge
$100 +	None
Less than $100	$5.50

-or-

Minimum Daily Balance	Quarterly Service Charge
$50 +	None
Less than $50	$5.50

There is no quarterly service charge on accounts held by minors
  (under age 18).