DISCLOSURE OF ACCOUNT TERMS
This disclosure applies to consumer accounts and contains account information about Now Account Checking, Regular Savings, Senior Savings, Minor Savings or Money Market/Money Market Maximizer.
The daily balance method is used to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. For Now Account Checking, Regular Savings, Senior Savings, Minor Savings or Money Market/Money Market Maximizer, the average 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.
Your interest rate and annual percentage yield may change. Interest will be compounded every month (every quarter for savings) and credited at the close of the statement cycle. At our discretion we may change the interest rate on your account at any time. If you close your account before interest is credited, you will receive the accrued interest.
Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks).
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