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The Basic Account

Opening Deposit: $100

Monthly Fee6: $5

Required Balance7 to avoid monthly fee: $1,000 (average collected) or any Avenue Bank business checking account

Interest Earned8 based on account balance: Contact an Avenue banker at 615.252.BANK (2265) for updated rates

Maximum debits/withdrawals allowed per month: 3

Fee for each debit or withdrawal in excess of 3 per month: $5

Overdraft transfers to checking accounts will count toward maximum debits/withdrawals.

By law, you are only allowed 6 pre-authorized or electronic debits or withdrawals from this account per statement cycle. Exceeding this limit on a regular basis will require account to be converted to one that allows unlimited transactions.

APY = Annual Percentage Yield
Footnotes 6 - 8 :  Please see "the fine print".

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