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  • You make unlimited deposits into your account up to the contract amount beginning in October.

 

  • If you make 49 consecutive and timely weekly deposits of the same amount to this account, we will make the 50th  deposit of that amount for you.  You choose the amount of the deposit within any limits we may set.  Your account matures after the 50th payment and during the month of October, the next year, disbursement will be made of the balance of your account.

 

  • If you close your account before maturity, you forfeit any claim to the bank's 50th payment into your account. If any withdrawal is made from this account, the account will be closed.  A service charge fee of $10.00 will be charged if you take an early payout (close the account).

 

  • We can make your payment for you with automatic transfers from your checking account. Ask for details.




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