An interest bearing checking account.
- The minimum opening deposit required to open this account is $1,500.
- There are no deposit limitations. Some withdrawal fees exist.
- Your interest rate and Annual Percentage Yield may change. At our discretion, we may change the interest rate on your account at any time.
- Interest begins to accrue on the next day of deposit, if received by 2:30 p.m.
- Interest is compounded monthly and credited to your account monthly when the statement is prepared. If you close your account before 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 periodic rate to the daily balance in the account for the period.
- If the daily balance drops below the required $1,500 on any day of the month: $10.00
- No fees charged if your minimum daily balance is $5,000 or more.
Bank by phone to obtain information about your checking, savings, or loan account 24 hours a day, 7 days a week by dialing (956) 761-5425 or 1-888-653-9559.