Non-Consumer Account Disclosure
Rate Information
At our discretion, we may change the interest rate(s) for this account.
The interest rate on this account is 0.500% with an annual percentage yield of 0.50%.
The interest rate(s) and annual percentage yield(s) may change at any time.
Crediting Frequency
The interest will be credited into this account monthly.
Compounding Frequency
The interest will be compounded monthly.
Effect of Closing an Account
If you close your account before interest is credited, you will not receive the accrued interest.
Daily Balance Computation Method
The interest is calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.
Accrual of Interest on Noncash Deposits
The interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.
Minimum Balance to Open
The minimum balance required to open this account is $100.00.
Minimum Balance to Earn Interest
Interest will accrue during any statement cycle where your average daily balance is $1,000.00 or more. Interest will not accrue during any statement cycle where your average daily balance falls below $1,000.00.
Minimum Balance to Avoid a Fee
Balance Fee - A Balance Fee of $7.50 will be imposed every statement cycle if the average daily balance for the statement cycle falls below $1,000.00. 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 statement cycle.
Overdraft Fee - An Overdraft Fee will be imposed for each transaction (withdrawal, check, automatic transfer or payment) paid out of your account if the balance in the account falls below $0.00 any day of the statement cycle.
NSF Fee - An NSF Fee will be imposed for each transaction (withdrawal, check, automatic transfer or payment) returned/not paid if the balance in the account falls below $0.00 any day of the statement cycle.
Deposit(s) Limitations
You may make an unlimited number of deposit(s) into your account.
Fees and Charges
The following fees and charges apply to this account:
Statement Processing Fee - A Statement Processing Fee will be imposed on this account each statement cycle. This fee can be avoided by enrolling in online banking and paperless document delivery. If your online banking account is inactive for more than 180 days, you will no longer be enrolled in paperless statements and will be charged a Statement Processing Fee.
Additional Terms
The following additional terms apply to this account:
The interest rate and annual percentage yield stated in this disclosure are accurate as of the date this disclosure was printed. If you would like more current rate and yield information, please call us at 304-876-9000.
See the separate disclosure titled "Common Features (Limits and Fees)" for details on the fees referenced within this disclosure as well as information on other fees that may impact your account.
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