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The Simple Account

Savings is the foundation of everyone’s financial future. It’s never too early – or too late – to start. Here’s a great starter account. And to encourage exactly that, Avenue Bank will waive the monthly fee for youth under the age of 18 who open this account.

DETAILS:

Opening Deposit: $20
Monthly Fee1: $5
Required Balance (to avoid monthly fee):
$500 (minimum daily balance) or
Any Avenue Bank checking account with direct deposit or online bill pay

Interest rate earned2 (based on balance):
$0 - 9,999
$10,000 - 24,999
$25,000 - 49,999
$50,000 +

* Contact an Avenue Bank banker for current rate information 615-252-BANK (2265) or .(JavaScript must be enabled to view this email address).

Maximum debits/withdrawals allowed per month: 3
Fee for each debit or withdrawal in excess of 3 per month: $5

By law, you are only allowed 6 debit transactions from this account per month. Exceeding this limit will require the account to be changed to one that allows unlimited transactions.
(Overdraft transfers to checking accounts will count toward total debits/withdrawals.)

Footnotes 1 - 2 = Please see "the fine print".


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