o Rate information: At our discretion, we may change the interest rates for this account.
o Tier 1 — If your daily balance is $100,000.00 or more, the interest rate paid on the entire balance in your account will be .25% APY*.
o Tier 2 — If your daily balance is less than or equal to $99,999.99, the interest rate paid on the entire balance in your account will be 0.10% APY*.
o Interest rates may change at any time.
o Compounding frequency — Interest will be compounded quarterly.
o Crediting frequency — Interest will be credited into this account quarterly.
o Daily balance computation method — Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
o Accrual of interest on noncash deposits — Interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.
o Fees and Charges — The following fees and charges apply to this account: No service fee or minimum balance
*APY = Annual Percentage Yield