These time-tested savings accounts are the perfect savings vehicle for people of all ages who want to watch their money grow.
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.