(You must have $ 10,000.00 combined daily balances in a checking account or a Savings account or $10,000.00 in a Money Market Account or CD’s or IRA’s or have a $15,000.00 outstanding balance on a loan or line of credit to open this account).
Monthly account service charge $15.00. (In the event the combined daily balance in the account falls below $10,000.00 in a checking account or a Regular Statement Savings account or $10,000.00 in a Money Market Account or CD’s or IRA’s or have a $15,000.00 outstanding balance on a loan or line of credit)
Number of checks written per month: Unlimited
Interest paid: Yes
Frequency of rate changes: At our discretion, we may change the interest rate and annual percentage yield on your account at anytime
Compounding and crediting frequency: Interest will be compounded daily. Interest will be credited to your account every month.
Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day
Accrual of interest on non-cash deposits (for example, check): Interest accrues on your daily available balance
If you close your account before interest is credited, you will not receive the accrued interest
Account closing fee $25.00, if closed within 181 days of opening
For additional fees, see Miscellaneous Fees and Charges
Interest Rate: (APY= Annual Percentage Yield)
- For complete listing of services, rates, fees, and restrictions, please contact any customer service representative.