Rate Information: Your interest rate and annual percentage yield may change.
Frequency of rate change and determination of rate: We may (at our discretion) change the interest rate on your account at any time.
Compounding and crediting frequency: Interest will be compounded and credited to your account every month.
Minimum balance to open the account: You must
deposit $25.00 to open this account.
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 non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
Transaction limitations: Transfers from a savings account to another account by preauthorized, automatic, telephone or computer transfer (including ACH and in-house bank transfers) are limited to six (6) per month.
Fees: An excessive transaction fee of $2.00 will be charged for each debit transaction in excess of six (6) during a month.