this disclosure contains the rules which govern your Prestige Checking deposit account.
Variable Rate
The interest rate for your account is variable. Your interest rate and annual percentage
yield may change at any time. The interest rate and annual percentage yield for your account
depend upon the applicable rate tier. The interest rate and annual percentage yield for
these tiers may change. As of November 4, 2024, the Prestige Checking tiers are as follows:
| Balance Range | Interest Rate | APY |
| Under $10.00 | 0.000% | 0.00% |
| $10.00 – $9,999.99 | 0.050% | 0.05% |
| $10,000.00 – $24,999.99 | 0.050% | 0.05% |
| $25,000.00 – $49,999.99 | 0.100% | 0.10% |
| $50,000.00 – $99,999.99 | 0.100% | 0.10% |
| $100,000.00 and up | 0.150% | 0.15% |
If you would like more current rate and yield information.
Determination of Rate
At our discretion, we may change the interest rate on your account.
Frequency of Rate Change
We may change the interest rate on your account at any time.
Minimum Balance Requirements
You must deposit at least $10.00 to open the account. If your account remains at a $0
balance or less for 50 consecutive days, your account will be closed. You must maintain a
minimum balance of $10.00 in the account each day to obtain the disclosed Annual Percentage
Yield.
To avoid the imposition of the maintenance fee you must meet the following requirements: a maintenance fee of $20.00 will be imposed for each statement cycle that the balance in the combined relationship accounts falls below $20,000.00 on any day of that monthly statement cycle.
Compounding and Crediting
We utilize a monthly statement cycle. Interest will be compounded and credited to your
account every month. If you close your account before interest is credited, you will not
receive the accrued interest.
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. Interest begins to
accrue on the business day an item is deposited.
Other Terms:
Business account balances will be taken into consideration for combined minimum balance
requirements for individuals who are identified as a business owner.