There is no service charge. A Junior Savers account has the same features of a Passbook Savings account except there is no balance requirement to earn interest. Rates may change after the account is opened. The account holder must be under 18 years of age to qualify as a Junior Saver. There is no service charge on this account.
Interest is compounded daily and added to the account monthly.
Rates may change after the account is opened. Deposits and withdrawals are unlimited when made in person, by mail or messenger. Six pre-authorized transfers per month are allowed. Three of the 6 pre-authorized transfers may be checks. If this limit is exceeded, the account status will be transferred to a Checking Plus account.