6.01% APY on balances up to $25k
1.01% APY on balances over $25k
.30% APY when monthly requirements aren't met
Requirements
-10 debit transactions
- Receive e-statements
- one direct deposit or one auto-debit monthly
No monthly fees
No minimum balance
up to $20 refund for ATM fees every month
Your interest rate and APY may change at any time.
Interest begins to accrue no later than the business day we receive credit for the non-cash items (for example, checks).
Interest is compounded monthly. Interest will be credited to your account on the last day of each statement cycle.
We use the daily balance method to calculate the interest in your account. This method applies a daily periodic rate to the principal in the account each day.
You must deposit $50 to open this account.
*6.01% annual percentage yield (APY) paid on balances between $0 and $25,000, and 1.01% APY on all amounts above $25,000 each cycle the minimum requirements are met. If you do not meet the minimum requirements during a given cycle, you will earn a Standard Rate of 0.30% APY. Rates as of May 15, 2008. We may change the interest rate and APY at any time after the account is opened. No minimum balance required, however you must deposit a minimum of $50 to open this account. Available to personal accounts only. No monthly service charge. If you do not meet the requirements per cycle, your account will still function as a free checking account earning the Standard Rate, however it will not receive ATM Refunds for that time period.