These time-tested savings accounts are the perfect savings vehicle for people of all ages who want to watch their money grow. Enjoy the convenience of depositing and withdrawing money any time you wish.
Rate Information: This is a variable rate account. The interest rate and annual percentage yield may be changed at our discretion without prior notice.
Minimum Balance Requirements: A minimum of $100 is required to open the account. A minimum balance of $100 is required in the account daily to obtain the specified annual percentage yield. If your balance drops below $100, we reserve the right to close your account. Interest will not accrue on a balance of less than $100.
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 balance in the account each day.
Compounding and Crediting: Interest for your account will be compounded quarterly and credited to your account on the last day of each quarter- March, June, September, and December. If you close your account before interest is credited, you will receive the accrued interest to the date of closing.
Accrual of Interest On Deposits Other Than Cash: Interest begins to accrue on the business day you make your deposits.
Transaction Limitations: You may arrange to have direct deposits made to your account. Pre-authorized debit service is not available.
Fees: Fees may reduce interest earned.