|Range of Daily Balances||Interest Rate||APY|
|$0.01 - $4,999||0.05%||0.05%|
|$5,000 - $9,999||0.10%||0.10%|
|$10,000 - $24,999||0.15%||0.15%|
|$25,000 - $49,999||0.30%||0.30%|
|$50,000 - $99,999||0.30%||0.30%|
|$100,000 - $249,999||0.50%||0.50%|
|$250,000 - $499,999||0.50%||0.50%|
|$500,000 - $999,999||0.50%||0.50%|
Your interest rate and annual percentage yield may change.
Determination of Rate
At our discretion, we may change the interest rate on your account.
Frequency of Rate Changes
We may change the interest rate on your account every day.
Limitations on Rate Changes
There are no maximum or minimum interest rate limits for this account.
COMPOUNDING AND CREDITING
Interest will be compounded daily and will be credited to your account monthly.
MINIMUM BALANCE REQUIREMENTS
You must deposit $100.00 to open this account. You must maintain a minimum balance of $.01 in the account each day to obtain the disclosed annual percentage yield.
Transactions are generally posted at the end of each business day in the following order. On occasion we reserve the right to change our order of posting from time to time without notice to you. The order in which we post your transactions may affect whether you incur fees for insufficient or unavailable funds.
• First – Deposits and incoming transfer that have become available to you.
• Second – Outgoing wire transfers.
• Third – Withdrawals (such as ATM, debit card or check transactions) from highest dollar amount to lowest dollar amount. Some fees associated with a transaction such as an ATM are posted simultaneously with the transaction.
• Fourth – Fees and services charges (such as overdraft, insufficient funds, and account maintenance) are posted after all other transactions.
We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
The daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the balance on which interest is paid.
ACCRUAL 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).
FEES AND CHARGES
The following fees and charges may be assessed against your account:
Please refer to our "Personal Deposit Services Cost Summary” for current amount of these charges and fees. We may change these fees or establish different fees at any time subject to regulatory notification requirements.
Check printing fees vary by the style of check ordered.
You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transactions from your account per month or statement cycle. Federal regulations require compliance with these restrictions. We may be required to close your account, take away any ability to transfer and write checks or convert the account to a checking or other transaction account if these restrictions are violated.