Personal Savings Accounts Product Comparison

Personal Savings Accounts

Product Comparison
As of May 1, 2004

	Budget Savings	Smart Savings	Youth Savings
Minimum balance required to avoid a monthly or quarterly maintenance fee.	N/A	$100 average for the monthly statement cycle.	$20 average for the quarterly statement cycle.
Maintenance Fee	$2.00 per month	$1.00 per month	$3.00 per quarter
Other Fees	$5 fee for deposited item returned NSF. $15.00 fee if account is closed within 90 days of opening. Savings overdraft fee $25.00 per occurrence. Continuous overdraft fee $2 per day (after 5 days).	$5 fee for deposited item returned NSF. $15.00 fee if account is closed within 90 days of opening. Savings overdraft fee $25.00 per occurrence. Continuous overdraft fee $2 per day (after 5 days).	$5 fee for deposited item returned NSF. $15.00 fee if account is closed within 90 days of opening. Savings overdraft fee $25.00 per occurrence. Continuous overdraft fee $2 per day (after 5 days).
Interest Paid on Account	Variable rate, bank determined. No interest paid on days balance is less than $20.	Variable rate, bank determined. No interest paid on days balance is less than $100.	Variable rate, bank determined. No interest paid on days balance is less than $20.
Minimum to Open Account	$20	$50	$20
Other Account Features	Customer receives monthly statement listing all activity. Only Available for Direct Deposit of Social Security or SSI checks. Two Money Orders issued monthly with no fee. ATM card and ATM transactions at SSBBank ATM's are FREE. $1.00 fee for making withdrawal, transfer or balance inquiry at another Institution's ATM. (No fee for making a deposit in another Institution's ATM.)	Customer receives monthly statement listing all activity. ATM card, and ATM transactions at SSBBank ATMs, are FREE. $1 fee for making a withdrawal, transfer, or balance inquiry at another institution's ATM. (No fee for making a deposit in another institution's ATM.)	Customer receives a quarterly statement listing all activity. Account for minors (up to 18 years of age).

Applicable to all Personal Savings Accounts - Night deposit services available FREE (deposits may be made in an envelope).

Christmas Club Account - Customer makes 50 weekly deposits ($2 or more) with a coupon book. This is an interest-bearing account. A check for the total balance in the account is mailed to the customer in November. A 1/4% premium on the interest will be paid if the deposits are automatically deducted from a SSBBank checking or savings account. If account is closed prior to maturity, no interest will be paid. Interest paid on account - variable rate, bank-determined. Minimum balance of $2 required to open account.

Vacation Club Account - Customer makes 50 weekly deposits ($2 or more) with a coupon book. This is an interest-bearing account. A check for the total balance in the account is mailed to the customer in May. A 1/4% premium on the interest will be paid if the deposits are automatically deducted from a SSBBank checking or savings account. If account is closed prior to maturity, no interest will be paid. Interest paid on account - variable rate, bank-determined. Minimum balance of $2 required to open account.