FULL SERVICE CHECKING

• Minimum balance to open is $50.00
• No monthly service charge
• See schedule of fees for service charges that may charged, i.e. NSF and Stop pay etc.
• FREE Internet access and on-line bill pay
• First 150 checks free, duplicate or standard, style Emerald only.
• Check images returned with monthly statement and available on our Internet banking for 40 days 
• Monthly statements - 20th of each month is the statement cycle
• Deposit slip or an image of your deposit slip is not returned
• Free Master-Card Debit card.  Helpful hint:  You can have a Statement savings linked to debit card (initiated by request) to be able to move funds from your statement savings to your checking or the reverse by ATM, unlimited transactions.  This function can be used to protect your account from overdraft charges.
• Overdraft Protection - Account may be linked to a statement savings for overdraft protection through "Automatic Sweep" upon request.   A $5.00 service charge will apply for each "sweep".  "Automatic Sweep" is in $100.00 increments, unless the statement savings balance is below $100.00, in which it will only "sweep" the amount needed to prevent insufficient funds.  Limited to 6 per statement cycle as Regulation D states. 

INTEREST CHECKING
        

• Minimum balance to open is $50.00
• Interest  begins to accrue on date of deposit
• First 150 checks free, duplicate or standard, style Emerald only.
• Interest is compounded daily using the daily balance method on a 365 day year.  Rate may change as often as daily at our sole discretion.  There is no limit on the changes in the interest rate.  Interest rates are earned on daily account balance.         
  The Interest Earning Tiers are as follows:
         $1,000.00 -    $9,999.99          0.70%      0.70%APY
       $10,000.00 - $49,999.99          0.90%      0.90%APY
       $50,000.00 - $99,999.99          1.15%      1.16%APY
     $100,000.00 - greater                1.40%      1.41%APY
  
• Out of State accounts must maintain a minumum balance of $2,500.00.
• Check images are returned in statements Deposit slip or images are not returned.
• No monthly service charge
• See schedule of fees for service charges that may charged, i.e. NSF and Stop pay etc.
• Internet access and on-line bill pay are NOT AVAILABLE 
• Monthly statements - 20th of each month is the statement cut off cycle
• FREE Master-Card Debit card.  Helpful hint:  You may have a Statement Savings linked to your debit card (Initiated by request) to be able to move funds your statement savings to your checking or the reverse by ATM, unlimited transactions.  This  function can be used to protect your account from overdraft charges.
• Overdraft Protection - Account may be linked to a statement savings for overdraft protection thru "Automatic-Sweep" upon request.  A $5.00 charge will apply for each "sweep".  "Automatic-Sweep" is in $100.00 increments unless the statement savings balance is below $100.00, in which it will only "sweep" the amount needed to prevent insufficient funds.

SMALL BUSINESS CHECKING

• First 150 checks written (clearing or over-the-counter) are free, .50 for each check over 150
• See schedule of fees for service charges that may charged, i.e. NSF and Stop pay etc.
• No monthly service charge
• Internet access and on-line bill pay available
• Monthly statements - 31st of each month is the statement cycle.
• Check images returned with monthly statement
• Deposit slips or images are not returned  
• Overdraft Protection - Account may be linked to a statement savings for overdraft protection thru "Automatic-Sweep" upon request.  A $5.00 charge will apply for each "sweep".  "Automatic-Sweep" is in $100.00 increments unless the statement savings balance is below $100.00, in which it will only "sweep" the amount needed to prevent insufficient funds.  Limited to 6 per statement cycle as Regulation D states

STATEMENT SAVINGS

• No fixed term.
• Minimum to open is $50.00.
• Out of State accounts must maintain a minimum $2,500.00 balance
• Share loans are only allowed for Louisiana residents.
• See schedule of fees for service charges that may charged, i.e. NSF and Stop pay etc.
• All signers must have an open active checking account.
• Interest is compounded daily using the daily balance method on a 365-day year. 
• Rates may change as often as daily at our sole discretion. No limit on the amount the rates may change. 
• Interest rates are earned on the daily account balance. 
• The balance tiers and current rates with annual percentage yields are as follows: 
  
       $1,000.00 - $9,999.99      0.90%      0.90%APY
     $10,000.00 - 49,999.99      1.15%      1.16%APY 
     $50,000.00 - $99,999.99    1.40%      1.41%APY
   $100,000.00 - greater           1.80%      1.82%APY

PASSBOOK SAVINGS

• No fixed term. 
• Minimum to earn and open requirement-$10.00. 
• Out of State accounts must maintain a minimum $2,500.00 balance
• Share loans are only allowed for Louisiana residents.
• Interest is compounded daily using the daily balance method on a 365-day year. 
• Rates may change as often as daily at our sole discretion. No limit on the amount the rates may change. 
• Interest rates are earned on the daily account balance. 
• The balance tiers and current rates with annual percentage yields are as follows:

            $10.00 - $ 999.99       0.70%      0.70%APY
    $1,000.00 - $ 9,999.99      0.90%       0.90%APY
 $10,000.00 - $49,999.99      1.00%       1.01%APY
 $50,000.00 - $99,999.99      1.15%       1.16%APY

 CERTIFICATE OF DEPOSITS

Certificates of Deposit
We currently offer 10 types of certificates of deposit that compound daily, interest is calculated on a 365 day year, and they have 10 days grace after maturity. The minimum balance to obtain the annual percentage yield for all Cd's is $500.00.  The minimum balance requirement for all out of state accounts is $10,000.00, accounts may only be Single or Joint account ownership, choose either the 1 Year or 2 1/2 Years Cd's, interest must accrue, (No Interest Checks). Share loans are only allowed for Louisiana residents. Penalties are assessed for early withdrawals, except in circumstances required by law.  No additions are allowed until maturity and must be within 10 day grace period after maturity. All certificates except the Jumbo and Mini-Jumbo or any specially offer CD automatically renew at maturity for a like term at the rate in effect on a certificate of that class.  If an account can accrue the interest earned, the method applies a daily periodic rate to the principal in the account each day.

The Mini-Jumbo ($50,000.00-$99,999.99) and Jumbo Cd's ($100,000.00 and greater) earn simple interest on a 365 day year, rates and terms are negotiated, no grace period after maturity. Call 1-800-646-1658 for the current negotiated jumbo and mini-jumbo rates and terms.

 DEPOSITS OF $500.00 OR MORE WE OFFER:                                            

     91 DAY             1.15%     1.16% APY Early penalty withdrawal-100% of interest earned at the simple interest being paid on the CD, except during the first six days or each term in which a penalty of at least 7-days interest on the amount withdrawn is charged.

     6 MONTH         1.40%     1.41%APY   Early withdrawal penalty -90 days simple interest at the rate being paid on CD.

     1 YEAR              1.85%     1.87%APY  Early withdrawal penalty -90 days simple interest at the rate being paid on CD.

    1 1/2 YEAR        2.10%      2.12%APY   Early withdrawal penalty -180 days simple interest at the rate being paid on CD.

      2 YEAR BUMP OPTION  (May be changed 1 time at written request) 
                                2.10%     2.12%APY  Early withdrawal penalty -180 days simple interest at the rate being paid on CD.

     2 1/2 YEAR       2.50%      2.53%APY Early withdrawal penalty -180 days simple interest at the rate being paid on CD.

     3 YEAR             2.75%      2.79%APY  Early withdrawal penalty -180 days simple interest at the rate being paid on CD.
     
     4 YEAR BUMP OPTION  (May be changed 1 time after the first 24 months of the initial or any renewal term at written request)  **Renewals only at this time**
                                2.40%       2.43%APY  Early withdrawal penalty -180 days simple interest at the rate being paid on CD.
     
     5 YEAR            3.25%      3.30%APY Early withdrawal penalty -180 days simple interest at the rate being paid on CD.

     7 YEAR             3.50%      3.56%APY Early withdrawal penalty -180 days simple interest at the rate being paid on CD.

Please give us a call or stop by one of our two locations to discuss your saving goals.   You can reach our Covington office at either (985) 892-4565 or the Slidell office at (985) 641-3555 both toll free (800) 646-1658

Rates are subject to change.

 Notice Posted: March 1, 2010