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Benefits
 | This account is for consumers who want a return on their funds and yet need the use of their money on a daily basis. |
| Interest paid on deposits. |
Limitations
| Minimum balance to open - $100. |
Rate Information
| This account is an interest bearing account. |
| The interest rate and annual percentage yield are included in the Rate Chart. The
interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account. We may change the interest rate on the account
monthly. |
| Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly. If you close the account before interest is credited you will not receive the accrued
interest. |
Balance Information
| We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the
principal in the account each day. |
Account Fees
| A maintenance fee of $3.00 will be charged each month. |
| A per item fee of $.10 will be charged for each debit transaction (withdrawal,
check paid, automatic transfer or payment out of this account). |
| A $2.00 handling charge fee will be imposed each statement cycle if
your account balance falls below $1,500.00 any day of the cycle. |
| There is a $20 NSF fee if there are not sufficient funds to pay an item.
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