Index

 

                                                                  

First Rate Checking

For customers who embrace electronic banking and don't want to hassle with a minimum monthly balance or for those customers who want to earn a higher rate of interest on their deposits, this is the best choice.

1.75% APY^*
on balances up to $20,000 if qualifications are met

0.10% APY^*
if qualifications are not met

To qualify for the higher interest rate and receive reimbursements on your ATM fee surcharges, you must perform the following during the monthly qualification cycle:

• Have at least 12 debit card purchases post and settle
• Have at least 1 automatic payment (ACH), direct deposit or bill pay transaction post and settle
• Be enrolled and receive e-statement notice - must have a valid email address

Disclaimer:
*APY=Annual Percentage Yield. APY is accurate as of 1/1/2013. Rates may change after account is opened. Minimum to open is $100. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed and credited to account on the last day of monthly statement cycle; (2) balances up to $20,000 receive APY1 of 1.75%; and (3) balances over $20,000 earn 0.25% APY1 interest rate on portion of balance over $20,000, resulting in 1.75% - 0.55% APY1 depending on the balance. If qualifications are not met, all balances earn 0.10% APY1. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM transactions do not count towards qualifying debit card transactions. “Monthly Qualification Cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle.   Limit two accounts per primary Social Security Number. Business accounts do not qualify.