The minimum required to open this account is $50.00. Transfers from Savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by draft, debit card, or similar order to third parties are limited to six per statement cycle. A service charge of $1.00 is charged for every withdrawal over six withdrawals per quarter. If the balance is below $200.00 anytime during the month, a service charge of $3.00 will be assessed. Interest is paid quarterly. Statements will be mailed quarterly.