• Minimum Balance Requirements - You must deposit at least $50 to open this account.
  
• A minimum balance fee of $5 will be imposed every statement cycle, if the average daily balance for the statement cycle falls below $300.
  
• Senior Citizens Age 65 and Over - The minimum balance fee is waived on this account.

(The average daily balance is calculated be adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.)

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FNB Hugo - Savings

• Please contact us for rate information on this account.
  
• Interest will be compounded quarterly and will be credited to your account quarterly.  If you close your account before interest is credited, you will not receive the accrued interest.
  
• Minimum Balance Requirements - You must deposit at least $50 to open this account.
  
• A minimum balance fee of $5 will be imposed every month, if the balance in the account falls below $50 any day of the month.
  
• We use the average daily balance method to calculate interest on your account.  This method applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the principal in the account for each day in the period and dividing that figure by the number of days in the period.
  
• Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
  
• Any withdrawal in excess of 3 per month will result in a $1 per-transaction fee.  Any transfer in excess of 6 per month will result in a $1 per-transaction fee.
  
• This account is limited to 6 pre-authorized transfers or withdrawals per month.  You may have an unlimited number of transactions or withdrawals if they are done in person, by messenger, by mail or by ATM.

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FNB Hugo - Money Market Account

• Please contact us for rate information on this account.
  
• Interest will be compounded daily and will be credited to your account monthly. 
•  If you close your account before interest is credited, you will not receive the accrued interest.
  
• Minimum Balance Requirements - You must deposit at least $2,500 to open this account.
  
• A minimum balance fee of $5 will be imposed every statement cycle, if the average daily balance for the month falls below $2,500.
  
• We use the average daily balance method to calculate interest on your account.  This method applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the principal in the account for each day in the period and dividing that figure by the number of days in the period.
  
• Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
  
• Any withdrawal in excess of 3 per month will result in a $1 per-transaction fee.  Any transfer in excess of 6 per month will result in a $1 per-transaction fee.
  
• This account is limited to 6 pre-authorized transfers or withdrawals per month.  You may have an unlimited number of transactions or withdrawals if they are done in person, by messenger, by mail or by ATM.

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FNB Hugo - NOW Account

• Federal regulations prohibit certain business from having this type of account.  Please visit with one of our new account representatives for details.
  
• Please contact us for rate information on this account.
  
• Interest will be compounded daily and will be credited to your account monthly.  If you close your account before interest is credited, you will not receive the accrued interest.
  
• Minimum Balance Requirements - You must deposit at least $1,000 to open this account.
  
• A minimum balance fee of $5 will be imposed every month, if the average daily balance falls below $1,000.  A minimum balance fee of $10 will be imposed if the average daily balance falls below $500.
  
• We use the average daily balance method to calculate interest on your account.  This method applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the principal in the account for each day in the period and dividing that figure by the number of days in the period.
  
• Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
  
• There are no transaction limitations on this account.

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FNB Hugo - Super NOW Account

• Federal regulations prohibit certain business from having this type of account.  Please visit with one of our new account representatives for details.
  
• Please contact us for rate information on this account.
  
• Interest will be compounded daily and will be credited to your account monthly.  If you close your account before interest is credited, you will not receive the accrued interest.
  
• Minimum Balance Requirements - You must deposit at least $2,000 to open this account.
  
• A minimum balance fee of $5 will be imposed every month, if the average daily balance falls below $2,000.  A minimum balance fee of $10 will be imposed if the average daily balance falls below $1,000.
  
• We use the average daily balance method to calculate interest on your account.  This method applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the principal in the account for each day in the period and dividing that figure by the number of days in the period.
  
• Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
  
• There are no transaction limitations on this account.

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FNB Hugo - Certificates of Deposit

• We offer a wide range of Certificates of Deposit.  Please feel free to contact us for rate and maturity information.

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FNB Hugo - I.R.A.s and Roth I.R.A.s

• Our new accounts staff is ready to assist you in opening the key to your future... A First National Bank of Hugo I.R.A. or Roth I.R.A.
  
• We offer a wind range of accounts to meet your retirement planning needs.  Please feel free to contact us for rate and maturity information.

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