• $1,000 minimum to open
• Compounding and crediting frequency – Interest will be compounded every month and credited to the account each 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 noncash deposits – Interest begins to accrue on the first business day after the banking day you deposit noncash items (checks).
• Effect of closing an account – If you close your account before interest is credited, you will not receive the accrued interest.
• Rate Information – Your interest rate and annual percentage yield may change at our discretion, we may change the interest rate on your account at any time.
• Minimum balance to avoid imposition of fees – A service charge 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.
• Minimum balance to obtain the annual percentage yield disclosed – You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

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