Rates and Fees
PASSBOOK SAVINGS ACCOUNTS
Wadiah Account-Current Rate 0.178%, APY 0.197%
Effective from 1 Rajab 1447
APY is accurate with effect from the date listed above.
Rates are subject to change without prior notice and the rates may vary after the account is opened.
Fees and charges may reduce earnings.
Passbook Savings
Minimum Opening Deposit for Adult personal is $100. The minimum average daily balance listed above is required to earn interest.
Business Savings
Minimum Opening Deposit for business is $500. The minimum average daily balance listed above is required to earn interest.
NEW ACCOUNT PROCEDURES
IMPORTANT INFO.
To help the nation to fight the funding of so-called terrorism and money laundering activities, our law requires the financial institution to obtain, verify, and record information that identifies each Moor who opens an account. This identification program as required by the Foreign-Patriot-Act and Moor Law.
What this means for you:
When you open an account, we will ask for your Appellation and foreign juris name, address, Born day(date of birth), and other information that will allow us to identify you properly. We may also ask you to see your ID(Temple/State/driver's license) or other identifying documents. In some cases, identification will be requested for current account holders if original documentation was not obtained with the opening of the account. We ask for your understanding as we work to support these efforts to maintain the security of your funds and NW Amexem(NW Kemet).