The Bath State Bank

Basic Checking

Rate Information: This account does not earn interest.
Limitations: A deposit of $25 is required to open this account.
Account Fees: No minimum balance required; however, if your balance falls into the negative — a bounce protection fee or non-sufficient funds fee could apply.

Early Harvest Money Market

Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are disclosed on the BSB Rate Chart. The rates are tiered according to the balance; $0-$24,999; $25,000-$49,999; $50,000-$99,999; $100,000-$149,999, and $150,000 and over balance. At our discretion, we may change the interest rate and annual percentage yield. Interest begins to accrue on the business day you make a deposit if received by 2 p.m. Interest will compound monthly. Interest will be credited to the account monthly.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. The balances are tiered, with different rates being paid as the balance moves within the tiers. If the balance changes within the month, the rate also changes to match the balance.
Limitations: A deposit of $5,000 is required to open this account. Transfers from an Early Harvest account to another account or to third parties by preauthorized, automatic, telephone or ATM (to third parties only) transfers are limited to six per statement cycle, with no more than three by check, draft, debit card or similar order to third parties.
Account Fees: A service charge of $12 will be assessed each statement cycle if your daily account balance falls below $5,000. A per check charge fee of $12 will be charged for each check paid in excess of three during a statement cycle. Exceeding the limitations on this money market account could result in the transfer of this account to another type of account.