Non-Personal Savings Account

This disclosure contains information about terms, fees, and interest rates for some of the accounts we offer.

Interest Rates and Annual Percentage Yields are current as of Monday, June 17, 2019.
For current rate information call (603) 352-1822.

Rate Information: This Account is an interest bearing account. If the balance is more than $249,999.99 but less than $100,000.00 the interest rate paid on the entire balance in the account will be 0.30% with an annual percentage yield of 0.30%. If the balance is more than $99,999.99 but less than $50,000.00 the interest rate paid on the entire balance in the account will be 0.25% with an annual percentage yield of 0.25%. If the balance is more than $49,999.99 but less than $20,000.00 the interest rate paid on the entire balance in the account will be 0.25% with an annual percentage yield of 0.25%. If the balance is more than $19,999.99 but less than $2,500.00 the interest rate paid on the entire balance in the account will be 0.25% with an annual percentage yield of 0.25%. If the balance is more than $2,499.99 but less than $100.00 the interest rate paid on the entire balance in the account will be 0.20% with an annual percentage yield of 0.20%. If the balance is more than $99.99 the interest rate paid on the entire balance in the account will be 0.20% with an annual percentage yield of 0.20%.

The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily.

If you close your account before interest is credited, you will receive the accrued interest only if it is $10.00 or more. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly.

Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $250,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations: You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Dormant Fee: If your Minor Savings Account is dormant (you have no deposits or withdrawals) for more than 3 years and the balance is below $250,000.00, a monthly dormant account fee of $2.00 will be assessed.

DEPOSIT PRO, ©Harland Financial Solutions, Inc. 1996, 2019. All Rights Reserved.


Read Also:

Terms and Conditions of your Account

Funds Availability Disclosure

Electronic Funds Transfers: Your Rights and Responsibilities

Substitute Check Policy

Fee Schedule

Privacy Notice