- This account is available to all types of
businesses including sole proprietorships, partnerships, limited
liability companies and corporations.
- Limitations:
You must deposit $250.00 to open this account
- This account is available to all types of
businesses including sole proprietorships, partnerships, limited
liability companies and corporations.
- Limitations:
You must deposit $250.00 to open this account.
- This account is available to all business
types, including sole proprietorships, partnerships, limited
liability companies and corporations.
- Limitations:
You must deposit $250.00 to open this account.
- Account Fees:
Accounts assigned or converted to this Plan will be charged
a monthly maintenance fee, plus an additional charge for the
specific deposit services your account requires. However, these
charges may be offset by an earnings allowance. Earnings allowances
are calculated on average collected balances. The earnings allowance
for a given month may offset all or part of the service charges
for that month. The earnings allowance does not accumulate from
month to month. You will be provided with a comprehensive monthly
statement that will show the calculated average collected balance,
itemized services rendered, and the earnings credit. Refer to
the section “Other Account Fees” in this agreement
for additional fees that apply to this account.
- This account is available for individuals,
sole-owners, non-profit organizations and government agencies
- The account earns simple interest, which accrues daily and
is paid at the end of each calendar quarter, if you close the
account before interest is credited you will not receive the
accrued interest.
- Balance Information: We
use the daily balance method to calculate the interest on the
account. This method applies a daily periodic rate to the principal
in the account each day.
- This is a tiered rate account and the amount
of interest paid will depend upon the balance maintained.
- Certain restrictions apply to the number
of transactions permitted during each statement period.
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