• Home
  • Site Map
  • Calculators
  • Kids
  • Teens
  • Privacy
  • Contact Us
  • Login to Online Banking
  • Register for Personal Banking
  • Business Banking Login
  • Check Reorder
  • Customer Requests
  • ACNB Corporation
  • Trust & Investments
  • Insurance Services
  • Career Opportunities
  • Community Spirit
  • Community Events
  • Resources
  • Security
Truth In Savings

Money Market Account Truth in Savings Disclosure

Interest Rate Information

  • The interest rate and annual percentage yield for the account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change at the Bank's discretion any time without notice. Click here for the current interest rates and annual percentage yields.

Compounding and Crediting of Interest

  • Interest is compounded monthly and credited to the account every month.
  • If you close the account before interest is credited, you will receive the accrued interest.

Accrual of Interest on Noncash Deposits

  • Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Minimum Balance Requirements

  • You must deposit $1,000 to open this account.
  • A minimum balance fee of $5.00 will be imposed every month if the balance for the monthly statement cycle period falls below $500.
  • You must maintain a minimum balance of $500 in the account each day to obtain the disclosed annual percentage yield.

Balance Computation Method

  • We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.

Transaction Limitations

  • You may only make 6 transfers from your account each statement cycle - 6 by checks to third parties and preauthorized withdrawals, automatic or telephone transfers, debit card or other similar transactions and online banking. 
  • You may make unlimited withdrawals or transfers in person, by mail or via ATM. 

Service Fees

The following fees may be assessed against the account:

Stop Payments (per item) $35.00
*Overdrafts (per item paid or returned) $40.00
Deposit Item Chargeback (per item) $15.00
Research (per hour/minimum $30) $30.00
Escheat Processing $100.00
Overdraft Protection Transfers (per occurrence) $10.00
Dormant Account (per month after two years for balance below $200) $5.00
Early Account Closure (within 180 days of opening) $30.00
Foreign ATM Cash Withdrawals $2.00
Excessive Transaction (per item after the first notification of an excessive transaction occurrence.) $15.00

* The overdraft fee applies to overdrafts created by in person withdrawal or electronic means as applicable. The fee is assessed on only the first six overdraft items per day.

Additional Account Information

  • Accounts at a zero balance for 45 days will be permanently closed.


 

Member FDIC