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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:          
 $0 - 9,999              
 $10,000 - 24,999    
 $25,000 - 49,999    
 $50,000 +              

*Contact an Avenue Bank banker for updated rates.  615-252-BANK (2265)
        
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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