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ENTERPRISE CHECKING ACCOUNT
Earnings Credit: $2.50 per $1,000.oo of balance. Credit cannot exceed amount of service charge.
Deposit Limitations: You may make an unlimited number of deposits into this account.
Fees and Charges: The following fees and charges apply to this account.
Maintenance Fee: $5.00 per month
Fee per debit: $.15
Fee per credit: $.06
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INDEPENDENCE 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 quarter. Interest will be credited to your account every quarter.
Effect of closing an account: If you close your account before interest is credited; you will not receive the accrued interest.
Minimum balance to open the account: You must deposit $100.00 to open this account.
Minimum balance to avoid imposition of fees: A minimum balance fee of $3.00 will be imposed every quarterly statement cycle if the balance in the account fails below $25.00 any day of the cycle.
Minimum balance to obtain the annual percentage yield disclosed: Please see our rate sheet for minimum balances, interest rates, and annual percentage yields.
Average daily balance computation method: We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. 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. The period we use is the quarterly statement cycle.
Accrual of interest on noncash deposits: Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks)
An excess withdrawal fee of $2.00 will be charged for each withdrawal in excess of six during a calendar quarter (statement cycle).
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INDEPENDENCE PLUS 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 quarter. Interest will be credited to your account every quarter.
Effect of closing an account: If you close your account before interest is credited; you will not receive the accrued interest.
Minimum balance to open the account: You must deposit $1,000.00 to open this account.
Minimum balance to avoid imposition of fees: A minimum balance fee of $7.50 will be imposed every quarterly statement cycle if the balance in the account fails below $1,000.00 any day of the cycle.
Minimum balance to obtain the annual percentage yield disclosed: Please see our rate sheet for minimum balances, interest rates, and annual percentage yields.
Average daily balance computation method: We use the average dally balance method to calculate the interest on your account. This method applies a periodic rate to the average dally balance in the account for the period. The average daily balance is calculated by adding the principal in the account for ach day of the period and dividing that figure by the number of days in the period. The period we use is quarterly statement cycle.
Accrual of interest on noncash deposits: Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks)
An excess withdrawal fee of $5.00 will be charged for each withdrawal in excess of fifteen during a quarterly statement cycle.
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