Savings & Money Market Accounts

$10

• Six free withdrawals or transfers per monthly statement cycle – $5 fee for each withdrawal or transfer in excess of six

None if you maintain a daily balance of $200 each day of the monthly statement cycle – otherwise, it’s $2¹

• 7–31 Days: $20,000

• 32–89 Days: $5,000

• 90–179 Days: $2,500

• 180–364 Days: $1,000

• 1 Year or More: $500

After the account is opened, you may not make deposits into this account until the maturity date.

Withdrawals before the maturity date will be assessed a penalty as described below:

• Maturity term of 7-179 days: $50 plus simple interest on the number of days in the maturity term of the amount withdrawn.

• Maturity term of 180 days or more: $50 plus simple interest on the amount withdrawn.

• Withdrawal of Interest Prior to Maturity – The “Annual Percentage Yield” assumes interest remains on deposit until maturity and that a withdrawal will reduce earnings.

• Compounding and Crediting Frequency – Interest will be compounded daily and paid at least annually (unless otherwise designated on the CD Account Agreement).

•  Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for deposit of non-cash items (for example, checks).

•  Daily Balance Method Computation – We use the daily balance method to calculate your interest, applying a daily periodic rate to the collected balance plus earned interest.

• Automatically Renewable Time Account – This account automatically renews at maturity at the then current interest rate for the term selected. You will have ten (10) calendar days from the maturity date to withdraw your funds without being assessed a penalty, or to notify the bank if you wish to change the rate and/or term of your certificate.

• CD Specials – If the Time Account is a “CD Special,” it will renew for the exact term originally purchased. If the original maturity term of the CD is one year or less, it will renew at the current interest rate for the one-year CD. If the original maturity term of the CD is more than one year, it will renew at the current interest rate for the next highest maturity term unless the original term is disclosed on the rate sheet.

$2,500

$100,000

Additional deposits of $100 or more may be made at any time during the maturity term. No withdrawals can be made online; all withdrawals must be made in person.

• One withdrawal of not more than one-half (1/2) the current balance will be permitted without penalty during the initial maturity term after funds have been on deposit for seven (7) days (any withdrawal made within seven (7) days of any deposit during any maturity term will be subject to a penalty of seven (7) days simple interest).

• Any withdrawal of more than one-half (1/2) the current balance will be assessed a penalty of $50 plus 180 days simple interest on the amount withdrawn that is greater than one-half (1/2) the current balance.

• Each succeeding maturity term, if the account is renewed, will also allow one (1) withdrawal of not more than one-half (1/2) the then current balance without penalty (subject to the seven (7) days penalty referenced above).

• Any withdrawal other than the one (1) permitted will be subject to a penalty of $50 plus 180 days simple interest on the amount withdrawn.

• Account Open Date and Maturity Date – The date the initial opening deposit posts to the account determines the account opening and maturity date.

• Withdrawal of Interest Prior to Maturity – The “Annual Percentage Yield” assumes interest remains on deposit until maturity and that a withdrawal will reduce earnings.

• Rate Determination and Change – The interest rate and annual percentage yield on your account may change on the first business day of each calendar month and is equal to the interest rate on Six-Month Treasury Bills issued at the final auction of the prior month.

• Compounding and Crediting Frequency – Interest will be compounded daily and credited to your account monthly. Interest can be subsequently transferred to one of your Central Bank deposit accounts. (Restrictions apply. Contact your Central Banker.)

• Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).

• Daily Balance Method Computation – We use the daily balance method to calculate your interest, applying a daily periodic rate to the collected balance plus earned interest.

• Automatically Renewable Time Account – This account will automatically renew at maturity at the then current interest rate. You will have ten (10) calendar days from the maturity date to withdraw your funds without being assessed a penalty, or to notify the bank if you wish to change the rate and/or term of your certificate.

• The account will be closed if the balance falls below $500 at any time during the term.

• Fees may reduce earnings on the account.

$2,500

• Six free withdrawals or transfers per monthly statement cycle – $10 fee for each withdrawal or transfer in excess of six.

None if you maintain a daily balance of $2,500 each day of the monthly statement cycle – otherwise, it's $10.¹

$2,500

• Six free withdrawals or transfers per monthly statement cycle – $10 fee for each withdrawal or transfer in excess of six.

None if you maintain a daily balance of $2,500 each day of the monthly statement cycle – otherwise, it's $10.¹

$2,500

• A Business Checking account that automatically moves excessive collected balances into a linked Central Money Market Account to maximize earnings

• Funds sweep back into the Business Checking Account as needed to cover daily activity; on the sixth transfer in the monthly statement cycle, all remaining balances are swept back into the checking account and transfer activity is suspended for the remainder of the statement cycle

• Six free withdrawals or transfers per monthly statement cycle; $10 fee for each withdrawal or transfer in excess of six

$10

None

• Automatically invests excess investable balances in an overnight Repurchase Agreement – daily confirmation notices are provided, identifying assigned collateral and other information

• Interest is variable and based upon balance level maintained

• Simple interest is accrued daily and paid monthly

Funds invested in your Sweep Account are not deposits and, therefore, are not FDIC insured, but are collateralized by bank-owned government securities.

$75