You must maintain a minimum collected balance of $250 in the account each day to obtain the disclosed annual percentage yield.
Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rates for your account at any time. The current interest rates and annual percentage yields can be found in the Account Rate Sheet.
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Interest will be compounded on a monthly basis and credited to your account monthly on the statement date. If you close your account before interest is credited, you will receive the accrued interest up to the date you closed the account.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected principal balance in the account at the end of business each day.
A monthly minimum balance fee may be charged to account. A complete listing of fees may be found in the Account Fee Schedule.