Rate Information - The interest rate and annual percentage yield may change at any time.
Compounding Frequency - Interest will be compounded daily.
Crediting Frequency - Interest will be credited into this account monthly.
Effect of closing an account - If you close your account before interest is paid, you will not receive the accrued interest.
Daily balance computation method - Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on non-cash deposits - Interest will begin to accrue on the business day you deposit non-cash items (for example: checks) into your account.
Minimum balance to open - The minimum balance required to open this account is $1,000.00.
Minimum balance to avoid Maintenance Fee - A maintenance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.
Fees and Charges - The following fees and charges apply to this account:
- Excess debit fee of $0.20 will be charged for each debit transaction (excluding electronic transfers) in excess of 50 during a statement cycle.
- Overdraft Fee: For each overdraft paid $30.00.
- NSF (Non-Sufficient Funds) check charge: $30.00.