| Interest Business Checking includes: |
| Minimum Opening Deposit |
$1000.00 |
| Rate Information |
We may change the interest rate and APY at any time. |
| Compounding and Crediting |
Interest will be compounded and credited to your account every month. |
| Minimum Balance To Avoid Imposition of Fees |
A monthly service charge of $5.00 will be imposed every month if the balance in the account falls below $1000 any day of the month. |
| Interest Rate Paid or Earnings Credit Rate |
Click here for current interest rates |
Minimum Balance to Obtain the Annual Percentage Yield
|
You must maintain $1000.00 in the account each day. |
| Calculate interest earnings on your account |
We use the daily balance computation 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 Earnings Credit on Non-Cash Deposits |
Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (i.e. checks.) |
| Statement Option |
Check Safekeeping or Image |
| *Corporations are not allowed to receive interest on a checking account. |
