Savings Accounts*
- Minimum balance to open account is $100.
- Excessive withdrawal fee of $5 per item after 6 per quarter.
- Must maintain a balance of $100 to keep from getting a $5 quarterly service charge.
- Statements mailed quarterly.
Centennial Account
- Minimum balance is $10,000.00.
- Unlimited deposits
- Maximum 2 withdrawals per month(1st withdrawal is free, second withdrawal $2.00)
- Variable Rate
- Statements mailed monthly
On August 2, 2004, Jacksboro National Bank began offering the special Centennial Account to commence celebrating our Bank's 100th Anniversary in 2005. This account offers the flexibility of a savings account with a higher variable rate of a time deposit. Call or stop by and visit with our CD or New Account departments for more details.
*Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account any time. Daily balance amount is used to calculate the interest. Interest will be compounded every day. Interest will be credited to your checking* account every month, savings** account every quarter. Interest begins to accrue on the business day you deposit noncash items ( for example, checks ). If you close your checking account before interest is credited, you will not receive the accrued interest, however accrued interest is credited for savings.
