WebThe entire collected balance will earn the daily rate for the highest tier in which the collected balance falls. Please contact your local branch for current rates. Interest is paid monthly on the daily collected balance. Rates may change at any time. † Not available for new accounts for 30 days from account opening date. WebThis method applies the periodic rate to the daily collected balance each day. Accrual of Interest: Interest begins to accrue no later than the business day you receive credit for the deposit of noncash items. Minimum monthly balance required to earn annual percentage yield: $1500.00; Monthly maintenance fee: $2.50; Per check charge: $0.25
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WebDaily Collected Balance TGA Average Daily Uncollected Balance (Uncollected Funds) Average Daily Uncollected Balance (multiplied by) (equals) AER Factor Imputed Value of TGA Average Daily Uncollected Balance Average Daily Immediately Available Funds is calculated as follows: Total dollar amount ÷ of all items available (including cash & … Web$1,500 average daily collected balance: $1,500 average daily collected balance: Monthly Service Charge: $5: $10: $9: $9 If min. balance is not maintained: $9 If min. balance is not maintained: Per Check Fee: Under 30 checks per month – free. Over 30 per month- $.20: Under 150 checks per month – free. Over 150 per month- $.20: $.18/check: $. ... land for sale in karumathampatti
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WebApr 7, 2024 · You must maintain a minimum collected daily balance of $1.00 in the account to obtain the disclosed APY. The minimum deposit to open the account is $1.00. Fees could reduce earnings. First Tiered Money Market Account: The interest rate and APY may change after account opening. This account is a tiered interest-bearing account. WebThis method applies a daily periodic rate to the balance in your account each day. If an account is closed before interest is credited, you will not receive any accrued interest. … WebIt doesn't say minimum balance requirement. It says average collected balance of $300, which means in a 30 day month, you could have $0 balance for 15 days and a $600 balance for 15 days and would meet this requirement. From the sounds of it, to avoid a fee on the account you have to consistently deposit 300 per month into the account. land for sale in jemison alabama