This interest bearing checking account provides a competitive interest rate. The required opening balance is $500, with unlimited check writing. For balances below $500, there is a $7.00 service charge each month.
Interest is paid based on the daily ledger balance as follows:
$0 to $499.99
$500.00 to $999.99
$1,000.00 and up |
Current rate
Current rate plus ¼ %
Current rate plus ½ % |
Interest is figured on your daily balance and is credited monthly at statement time.
