A limited transaction account that offers higher interest rates and premium benefits for our clients who have multiple accounts with The Bank & Trust.
- $10,000 Opening Balance
- Minimum daily balance of $2,500 required to earn interest (Interest compounded on daily balance and paid monthly)
- Rates vary based on account balance
- Internet/Mobile/Text Banking
- Trust24 Telephone Banking
Conditions & Fees
- Must have a Bank & Trust Checking or NOW Account
- $10 monthly service charge if minimum daily balance falls below $10,000
- Limited transaction account with a $5 per item excessive withdrawal 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.