Hi-Fi Commercial

 

Minimum balance to open:

$2,500.00

Minimum balance to avoid fees:

$2,500.00

Service Charge:

$10.00 (if balance falls below $2,500)

Interest:

Compounded every month, credited every month.

Must maintain a $2,500 balance to obtain the disclosed annual percentage yield.

We use 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.

Transaction Limitations:

Transaction from this account to another account or to third parties by preauthorization, automatic, or telephone transfers are limited to six per statement cycle with no more than three by check, draft or similar order to third parties.

Excessive Withdrawal Fee:

$5.00 for each third party check in excess of three per month