TIERED VARIABLE RATE INFORMATION – Effective Date October 4, 2023
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 at any time.
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.
BALANCE COMPUTATION METHOD
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
There are no minimum balance requirements associated with this account. Customer must enroll in online statements within two months of account opening to avoid a $3 paper statement fee per statement period.
Please refer to our "Personal Deposit Services Cost Summary” for current amount of these charges and fees. We may change these fees or establish fees at any time subject to regulatory notification requirements. Check printing fees vary by the style of check ordered.
TRANSACTION LIMITATIONS
No transaction limitations apply to this account.
| Range of Daily Balances | Interest Rate | APY |
| $0.01 - $4,999.99 | 0.01% | 0.01% |
| $5,000 - $9,999.99 | 0.01% | 0.01% |
| $10,000 + | 0.02% | 0.02% |
Your interest rate and annual percentage yield may change.
Determination of RateAt our discretion, we may change the interest rate on your account.
Frequency of Rate Changes
We may change the interest rate on your account at any time.
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.
BALANCE COMPUTATION METHOD
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
There are no minimum balance requirements associated with this account. Customer must enroll in online statements within two months of account opening to avoid a $3 paper statement fee per statement period.
Please refer to our "Personal Deposit Services Cost Summary” for current amount of these charges and fees. We may change these fees or establish fees at any time subject to regulatory notification requirements. Check printing fees vary by the style of check ordered.
TRANSACTION LIMITATIONS
No transaction limitations apply to this account.