| Interest
transferred to the IOLTA Fund for Legal Services and Education of
Lay Persons in Law Related Areas.
| IOLTA
Checking Account |
| Minimum
Deposit to Open |
| $200.00 |
| Minimum
Balance to obtain APY* |
| N/A*** |
| Interest
Rate** |
| 1.00% |
| Annual
Percentage Yield** |
| None |
| Account
Terms |
- The interest rate and
annual percentage yield may change at our discretion.
- Interest begins to accrue
on the business day you deposit non-cash items (For
example, checks).
- Interest is simple
interest.
- If you close your account
before the interest is credited you will not receive the
accrued interest.
- 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.
|
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