Main
Business
Savings
Compounding frequency
Interest will be compounded quarterly.
Crediting frequency
Interest will be credited into this account quarterly.
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 noncash deposits
Interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.
Minimum balance to open
The minimum balance required to open this account is $100.00.
Deposit limitations
You may make an unlimited number of deposits into your account.
Limitations on frequency of transfers
During any monthly statement cycle, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction. No more than three of the six transfers may be made by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure.
Additional Terms
The following additional terms apply to this account: Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means
Compounding frequency
Interest will be compounded monthly. Crediting frequency - Interest will be credited into this account monthly.
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 noncash deposits
Interest will begin to accrue on the business day you deposit noncash items (for example, checks) to your account.
Minimum balance to open
The minimum balance required to open this account is $5,000.00.
Minimum balance to earn interest
You must maintain a minimum daily balance of $5,000.00 in your account each day to earn the disclosed interest rate.
Minimum balance to avoid
A minimum balance fee of $10.00 will be imposed every monthly statement cycle unless you maintain either a minimum daily balance of $5,000.00 any day of the cycle.
If the balance falls below the minimum requirement, there will be no interest paid to the account for that cycle.
Deposit limitations
You may make an unlimited number of deposits into your account.
Limitations on frequency of transfers
During any monthly statement cycle, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction. No more than three of the six transfers may be made by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure.
