Savings

Basic Savings

$100.00 to open
$500.00 average ledger balance to avoid the maintenance fee
$5.00 maintenance fee per monthly statement cycle
Simple interest method is based on average ledger balance and paid monthly
Interest is forfeited if the account is closed before interest is credited
$25.00 minimum balance for account to remain open
Check cashing charge of $3.00 per checks if balance is under $100
Each withdrawal over 6 per month is $2.00

Student Savings

$50.00 to open
Must be a full time student or under the age of 18
No monthly maintenance fee per month
Simple interest method is based on average ledger balance and paid monthly
$25.00 minimum balance for account to remain open
Each withdrawal over 6 per month is $2.00

Interest is forfeited if the account is closed before interest is credited

Beginning January 1, 2010 Bank of Belle Glade will no longer participate in the FDIC’s Transaction Account Guarantee Program. Thus, after December 31, 2009, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC’s general deposit insurance rules.