Features of Commercial Savings
- Interest is compounded daily and credited to the account monthly
- Statements are mailed quarterly
- ATMs accesible with any Bank of Oak Ridge checking account
- Monthly service charges can be avoided by maintaining a minimum of $100 in the account and activity fees can be avoided by maintaining a minimum balance of $2,500 in the account.
- If the above minimum is not met, activity fees of $2 will be charged for each withdrawal in excess of 3 per month
- Monthly service fee of $5 if the above minimum is not met
- The account can be opened with $50 or more
