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Non Profit Account (Analyzed Interest Bearing Account for Non-Profit Organization)

  • This account is not a consumer account subject to Truth in Savings

  • Minimum amount to open the account $100.00

  • Monthly account service charge $8.00

  • 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.

  • 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.

  • Accrual of interest on non-cash deposits (for example, check): Interest accrues on your daily available balance

  • For additional fees, see Miscellaneous Fees and Charges

 

- For complete listing of services, rates, fees, and restrictions, please contact any customer service representative.

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