Effective as of June 20, 2024
Rate Information: The Annual Percentage Yield (“APY”) is a variable 5.00%. Your APY may change at our discretion at any time.
Minimum Opening Deposit: $10,000 (We may waive this at our discretion)
Minimum Relationship Balance Requirement: $10,000 (We may waive this at our discretion)
Domestic Wire Fees:
- Incoming Wires: None
- Outgoing Wires: None
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 principal in the account each day.
Compounding and crediting: Interest for your account will be computed daily and credited to your account on the last day of each month.
Accrual of interest on deposits other than cash: Interest begins to accrue on the business day you deposit noncash items (for example: ACH).