Interest Checking
New Mexico
|
Opening Deposit |
$100 minimum |
|
|
Eligibility |
Sole proprietors |
|
|
Transaction limitations |
Unlimited |
|
|
Interest |
Earned at a tiered rate and credited monthly |
|
|
Service Charges |
Average daily Collected Balance less $5,000 |
$10.00 per month |
|
Charge per deposited item after 50 deposited items per month |
Drawn on Compass: $0.08/item, |
|
|
Charge per debit after 50 debits per month |
$0.30 |
|
|
Deposit Credits |
No charge |
|
|
Returned Cancelled Checks |
$5.00 |
|
Effective 1/1/2006