Community Interest Checking
Minimum balance to open the account-You must deposit $1,000.00 to open this account.
Minimum balance to avoid imposition of fees: A below balance fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the statement cycle.
Minimum balance to obtain the annual percentage rate: You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
Determination of Rate: (Add) This account will earn a certain interest rate upon maintaining a balance of $1,000.00-$4,999.99, a higher interest rate upon maintaining a balance of $5,000.00-$9,999.99, and the maximum interest rate offered on this type of account upon maintaining a balance of $10,000 plus. Please see the Rates page for current rates on this account.
Rate Information - Your interest rate and annual percentage yield may change. Frequency of rate changes - We may change the interest rate on your account any time.
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.