Truth in Savings Account Disclosure – Personal Evergreen Checking Account

• Rate Information – Your interest rate and annual percentage yield may change.
• Frequency of rate changes – We may change the interest rate on your account at any time.
• Determination of rate – At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency – Interest will be compounded every month and credited on the last day of your statement cycle.
• Minimum balance to open the account – You must deposit $100.00 to open this account.
• Minimum balance to avoid imposition of fees – A service charge fee of $10 will be imposed every statement cycle if the balance in the account falls below $1,000 any day of the cycle, or if the average daily balance in the account for the cycle falls below $2,000 or if a $10,000 deposit relationship is not maintained in total deposit accounts. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
• Minimum balance to obtain the annual percentage yield disclosed – You must maintain a minimum balance of $.01 in the account each day to obtain the disclosed annual percentage yield.
• Daily 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.
• Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
• Monthly check image fee – $3.00 (to avoid imposition of image fee contact staff to signup to not receive images or signup for e-statements)
• Inactivity fee and Dormant fee apply reference fee schedule.