Be Your Own Lender (BYOL) Savings

This disclosure contains information about terms, fees, and interest rates for some of the accounts we offer.

  • Minimum Deposit to Open: $2.00
  • No monthly service charge.
  • This is an interest1 bearing account. A minimum daily collected balance of $100.00 is required to earn interest.
  • Limitations: Transfers and withdrawals made in person are unlimited. Drafts or electronic debits are not features of this account.

1Variable-rate account. At our discretion we may change the interest rates and annual percentage yields at any time without notice. Fees may reduce earnings. Interest will be compounded every month and credited to your account every month. The daily balance method is used to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. On non-cash deposits (checks, for example), interest will begin to accrue no later than the next business day.  Rate sheet available at any office or online at walpolebank.com.

For additional information on current rates, applicable fees, and terms, please speak with a Customer Service Representative.


Account Information and Disclosures

Terms and Conditions of your Account

Funds Availability Disclosure

Electronic Funds Transfers: Your Rights and Responsibilities

Substitute Check Policy

Fee Schedule

Privacy Notice