Checking + Account Truth in Savings Disclosure
Interest Rate Information
- The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change. At our discretion, we may change the interest rate on your account at any time. Please refer to the interest rate table for the current interest rate and annual percentage yield.
Compounding and Crediting of Interest
- Interest is compounded monthly and credited to your account.
- If you close your account before interest is credited, you will receive the accrued interest.
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).
Minimum Balance Requirements
- You must deposit $1,000 to open this account.
- A minimum balance fee of $10.00 will be imposed every month if the average daily balance for the monthly statement cycle period falls below $1,000. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
- You must maintain a minimum balance of $1,000 in your account each day to obtain the disclosed annual percentage yield.
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.
Transaction Limitations
- You may make unlimited deposits into or withdrawals from your account each month.
Service Fees
The following fees may be assessed against your account:
| Stop Payments (per item) | $32.00 |
| *Overdrafts (per item paid or returned) | $40.00 |
| Deposit Item Chargeback (per item) | $10.00 |
| Research (per hour/minimum $30) | $30.00 |
| Escheat Processing | $100.00 |
| Overdraft Protection Transfers (per occurrence) | $5.00 |
| Dormant Account (per month after two years for balance below $200) | $5.00 |
| Early Account Closure (within 90 days of opening) | $20.00 |
| Foreign ATM Cash Withdrawals | $1.00 |
Check printing fees vary based upon the check style selected.
* The overdraft fee applies to overdrafts created by check, in person withdrawal, ATM withdrawal, or other electronic means as applicable.
Additional Account Information
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Unlimited check writing
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Free Internet Banking
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Free Internet Bill Payment & Presentment
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Free Telephone Banking
Equal Housing Lender. Equal Opportunity Lender. Member FDIC.