Account terms and conditions disclosure
If you close your account before interest is paid to your account, you will not receive the accrued interest. Early withdrawals and account closures will be charged a $10 fee. Federal Regulation D requires banks to limit the way withdrawals may be made from a savings account. Preauthorized withdrawals (transfers by phone, wire or personal computer, overdraft protection, automatic payment, check) are limited to a combined total of six per account cycle. There is a $15 fee for each preauthorized withdrawal in excess of these limits. If withdrawal limitations are exceeded three times in 12 cycles, the account will be closed, or converted to a checking account.