Rate Information - Your interest rate and annual percentage yield may change.
Frequency of Rate Changes - We may change the interest rate on your account at any time.
Determination of Rate - At our discretion, we may change the interest rate on your account.
Compounding and Crediting Frequency - Interest will be compounded every month. Interest will be credited to your account every month.
Minimum Balance to Open The Account - You must deposit $1,000.00 to open this account.
Minimum Balance to Avoid Imposition of Fees - A service charge fee of $10.00 will be imposed every monthly 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.
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 no later than the business day we receive credit for the deposit of noncash items (for example, checks).
