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RETURN
TO
ACCOUNTS
Rate
information
Your interest
rate and
annual
percentage
yield may
change.
Frequency
of rate
change
We may
change
the interest
rate on your
account every
week.
Determination
of rate
At our discretion,
we may change
the interest
rate on your
account.
Compounding
and crediting
frequency
Interest
will be compounded
every month.
Interest
will be credited
to your account
every month.
Effect
of closing
an account
If you close
your account
before interest
is credited,
you will
not receive
the accrued
interest.
Minimum
balance
to open the
account
You must
deposit $2,500.00
to open this
account.
Minimum
balance
to obtain
the annual
percentage
yield disclosed
You
must maintain
a minimum
balance of
$1,000.00
in the account
each day
to obtain
the disclosed
annual percentage
yield.
Daily
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.
Accrual
of interest
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).
Transaction
limitations
Transfers
from a Money
Market Deposit
account to
another account
or to third
parties by
preauthorized,
automatic,
or telephone
transfer
are limited
to six per
statement
cycle with
no transfers
by check,
draft, debit
card, or
similar order
to third
parties.
Fees
A Money Market
Deposit account
per item
fee of $1.00
will be charged
for each
debit transaction
(withdrawal,
check paid,
automatic
transfer
or payment
out of this
account)
in excess
of three
during a
statement
cycle.
Rate
Tiers
Tier Dollar
Amount
1 $50,000.00
and Above
2 $25,000.00
- $49,999.99
3 $10,000.00
- $24,999.99
4 $1,000.00
- $9,999.99
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