Information - Your interest rate and annual
percentage yield may change
Determination of rate and frequency of change - Rates
are determined at the discretion of bank
management. We may change the interest rate on
our account at any time.
Compounding and crediting frequency - Interest
will accrue daily and be paid at maturity. If
you close your account before interest is credited ,
you will not receive the accrued interest.
Daily collected balance computation method - We
use the daily collected balance method to calculate
the interest on your account. This method
applies a daily periodic rate to the principal in the
account each day.
Accrual of interest on non-cash deposits -Interest
begins to accrue no later than the business day we
receive credit for the deposit of non-cash items (for