Built for medium- to large-size business and organizations with moderate transaction volume and low to moderate balances. Pro Interest not only earns interest, but offers a large number of items per month.
|Minimum opening balance||$100|
|Minimum daily balance requirement*||$2,500 (or $10,000 in combined checking and savings)|
|Monthly service charge||$15|
Plus up to 250 FREE transactions per month
*Minimum daily balance requirement to avoid fee.
Minimum opening deposit is $100. A monthly service fee of $15 will be charged unless you maintain a minimum daily balance of $2,500 or a $10,000 combined daily balance in checking and savings accounts. The first 250 transactions per month will not be charged a fee. Transactions include deposit tickets, deposited items, checks, ACH, wires and other transactions. A fee of $0.25 will be charged for each additional transaction over 250 per month. A $40 fee will be charged when account is closed within 180 days after opening. Minimum daily balance to earn interest is $1. Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Your interest rate may change at any time at our discretion. 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. The interest rate for your account will be suspended in the event your account status becomes dormant. Compounding and Crediting – Interest will be compounded every month. Interest will be added back to the principal every month. Effect of Closing – If you close your account before interest is credited, you will 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. Collection of service charge if funds are not available in your account at the time your service charge is assessed, the monthly service charge will overdraw your account. Overdrafts will result in additional fees.