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Statement Savings
  • Minimum deposit of $100.00 is required at opening.
  • Interest is compounded quarterly and credited to the account on the last day of the quarter.
  • Interest begins to accrue on the business day you deposit any non-cash item and accumulates on the account's daily balance.
  • Interest rates may change at the discretion of Chester National Bank
    Click here for current interest rates on savings accounts and certificates.
    Click here for more information on this account.
  • Transfers from a Statement Savings Account to another account or to third parties by preauthorized, automatic, or telephone transfers are limited to 6 per month with no transfers by check or debit card to third parties.

    *Fees: $2.00 monthly fee if the balance falls below $100.00; $20.00 Early Account Closing fee if the account is closed within 6 months of opening.

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Holiday Club
  • Minimum deposit of $10.00 required at opening.
  • Interest is compounded quarterly and credited to the account on the last day of the quarter.
  • The Club Year will begin November 1 and will end with the annual maturity distribution of checks no later than October 31 of each calendar year.
  • This account will not automatically renew at maturity; the account balance will be distributed in full at the close of the club year, and the account will remain open for 60 days to allow account holders to deposit in the same account the following year.
  • After January 1, new accounts will be issued for all Club accounts opened.
  • Interest begins to accrue on the business day you deposit any non-cash item and accumulates on the account's daily balance.
  • Interest rates may change at the discretion of Chester National Bank.
    Click here for current interest rates on savings accounts and certificates.
    Click here for more information on this account.
  • Withdrawal from this account is not permitted.

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Money Market Accounts
  • Minimum deposit of $2,500.00 is required at opening.
  • Interest is compounded monthly and credited to the account on the statement cycle date.
  • Interest begins to accrue on the business day you deposit any non-cash item and accumulates on the account's daily balance.
  • Interest rates are tiered and may change at the discretion of Chester National Bank.
    Click here for current interest rates on savings accounts and certificates.
    Click here for more information on this account.
  • Transfers from a money market account to another account or to third parties by pre-authorized, automatic, transfers by checks or telephone transfers are limited to 6 per month.
  • Accountholders must maintain a minimum balance of $500.00 in the account each day to avoid a minimum balance fee of $15.00.

    *Fees: returned checks on the account will be charged $5.00 per check. Check printing fees vary depending on quantity and style.

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Chester National Bank

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE
FOR NONINTEREST –BEARING TRANSACTION ACCOUNTS


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