A limited transaction account that gives you a higher yield than a savings account.
Benefits:
- $2,500 Opening Balance
- Minimum daily balance of $2,500 required to earn interest (Interest calculated on daily balance and paid monthly)
- Rates vary based on account balance
- Internet/Mobile/Text Banking
- Trust24 Telephone Banking
Conditions & Fees
- $10 monthly service charge if minimum daily balance falls below $2,500
- Limited transaction account with a $5 per item service charge per statement cycle for any withdrawal exceeding regulatory limitations
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. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items.