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- A minimum deposit of $5 is required to open a Savings account.
- An account will earn interest at an annual rate of 1% once the account reaches $25 or more during the month.
- If an account falls below $3, the account will be charged a monthly service fee of $1. The account will be closed if it reaches a zero balance.
- Withdraws may be made up to $75 (in cash) per day.
- If you want to withdraw more than $75, you will need to give CS&L at least 24 hours notice.
- Passbooks will be given to account holders; however, they are not needed to make transactions.
- There is no deposit limit on this account.
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