Do banks take out an amount from your first deposit when you first open a bank account?

I opened my first bank account two weeks ago and they required a $50 deposit. I looked at my statement today and saw that the $50 was deposited on that day but it said I only have a balance of $29.01 next to it. I purchased something today for $20.99 and next to that purchase it says I only have a balance of $8.02.

I opened my first bank account two weeks ago and they required a $50 deposit. I looked at my statement today and saw that the $50 was deposited on that day but it said I only have a balance of $29.01 next to it. I purchased something today for $20.99 and next to that purchase it says I only have a balance of $8.02. I'm a little confused because the $29.01 would match my balance after my expenses today but it is next to the deposited amount I put in to start the account and my account now says I have assets of $8.02. Is this just because the charges are still pending so it's acting as a safe line? Or do banks take out a certain amount in order to open it? When discussing the charges with the person I talked to they said they required a deposit amount but there were no actual charges to open the account. So to sum it up. I put in $50, spent $20.99 and only have $8.02 available. That would mean I missing $20.99. I read that some banks require a minimum balance but the person I talked told me that I could have $.01 in my account and that would be fine. All that was required was that I have a deposit to set up the account. I have an Arvest Free Blue checking account.
Here's what it looks like on my statement.

$50.00 $29.01 Balance
-$20.99 $8.02 Balance
Thanks for all you help. I don't know what happened, maybe they charged me twice and then realized their mistake, but it seemed to have fixed itself.

Best Answer:

Spartant: It sounds like you were charged twice for the purchase. It's too much of a coincidence that the missing amount is identical to the purchase.

Other answer:

Spartant:
It sounds like your bank has a minimum required balance and what is shown is available balance
Casey Y:
Some sort of fee. Read that packet they gave you when you opened your account.
babyboomer1001:
No, they do not. However, your account may have a monthly fee.
patrick:
Gg
Bobbin:
They might have deducted a monthly service charge and a check printing charge. Ask them. And ask them where those fees were disclosed to you when you opened your account.

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