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.
Effect of closing an account: If you close your account before interest
is credited, you will not
receive the accrued interest.
Minimum balance to avoid imposition of fees: A service charge fee of $6.00 will be imposed every
statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
Daily balance computation method: We use the average daily balance method to calculate the interest on
your account. This method applies a periodic rate to the average
daily balance in the account for the period.
Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit
non-cash items (for example, checks).
Transfers from a Money Market Deposit account to another account or to third parties by
preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more
than three by check or similar order to third parties.
A per item fee of $5.00 will be charged for each paper transfer in excess of six during the statement
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