Prime Time Checking

Now is the time. Bay Bank is the place.

For the best time in your life, there’s nothing like Prime Time Checking. A special reward for those 50 and over. You deserve it. You’ve worked hard. Now’s your time to playhard, too.

This interest bearing account designed to serve our customers looking to have the time of thier life now that the kids are grown. This account is especially designed for persons age 50 and older. You may write as many checks as you wish and images of your cancelled checks are returned with your monthly statement.

	Minimum Balance to Open Account - $100.00
	Minimum Age to Open Account - 50
	Maintenance Fee per Statement Cycle - None
	Deposit Rate Information (based upon account balance)
	Daily Balance $1000 - $9,999 – PTC Rate Daily Balance $10,000 or greater – Bonus PTC Rate Statement Options: E-Statement - Free Debit Card - Free On-Line Banking - Free On-Line Banking - Free This account uses a tiered interest rate structure for determining which of the two possible interest rates apply to the account on any specific day. Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. At our discretion, the interest rate and annual percentage yield may change. Interest will begin to accrue no later than the business day we receive credit for the deposit of non-cash items (for example checks) into your account.
	Compounding and Crediting Frequency: Interest will be compounded and credited monthly.
	Effect of Closing an Account: If you close your account before interest is paid, you will not receive the accrued interest
	Minimum Balance to Obtain the disclosed Annual Percentage Yield – You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed Annual Percentage Yield.
	Other Benefits: 25% Discount off the Checks of Your Choice. Safe Deposit Box Discount (subject to availability). 25% disount on the Safe Deposit Box of Your Choice for the first year. Two (2) free Cashiers Checks per Statement Cycle Other Fees May Apply: Please see our common fee Schedule for information regarding our standard fees.