Whether you are saving for a specific purpose or purchase, or simply saving for financial security, our savings plans give you flexibility and convenience.

• Minimum opening deposit - $200.00

• Minimum daily balance of $200.00 in the account each day to earn interest and obtain the annual percentage yield.

• Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate for your account at any time.

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

• Interest for your account will be compounded daily and distributed quarterly.

• Balances falling below $200.00 will be charged $2.00 servicing charge per month.

• Additions and withdrawals are permitted at any time. Passbook accounts require the presentment of the passbook for all withdrawals.

• For minors under the age of 18, a minor savings account is offered with a minimum opening balance of $1.00, and a minimum daily balance of $1.00 in the account each day to earn interest and obtain the annual percentage yield.

• You may make no more than six (6) preauthorized transfers from your account per month. There is no limit to the number of in-house withdrawals you may make at either of our locations.

• ATM card is available to statement savings account holders.

ATM Charges - Unlimited card usage is available at all AJ Smith Federal Savings Bank locations

Following fees apply to all transactions made at a non-proprietary ATM's:

$1.50 - deposits

$1.00 - Withdrawals

$1.50 - Cirrus Withdrawals

$  .50 - Balance inquiring and balance transfers

The following charges apply to savings accounts:

• $20.00 lost passbook fee

(If account is issued a passbook)

• $10.00 early closing fee if closed within the first six months of opening.