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HIFI ACCOUNT

You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.

Variable rate interest, as posted under Deposit Rates.  Interest will be compounded quarterly.  Interest will be credited quarterly to your account.  If you close your account before interest is credited, you will receive the accrued interest.  We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principle in the account each day.  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  There is a limit of six (6) withdrawals on this account per month - No Charge. Each withdrawal over six (6) - $10.00

You may only make six (6) withdrawals per month from this account, no more of 3, which may be by preauthorized debit or transfer or by check to a 3rd party.

The interest rate and annual percentage yield for your account depends upon the applicable rate tier.  The interest rate and annual percentage yield for these tiers may change.  We may change the interest rate on your account at any time.

Rates are based according to balance maintained

            $   2,500 - $24,999         Posted under Deposit Rates

            $ 25,000 - $49,999         Posted under Deposit Rates

            $ 50,000 or more            Posted under Deposit Rates

·        Apply for a new account now

·        Terms and Conditions / Electronic Funds Transfer (EFT) / Funds Availability

 

 

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