1 For savings and money manager accounts you may make up to six transfers or withdrawals by means of a preauthorized, automatic, or telephonic transfer to another account of yours or to a third party or by check, debit card, or similar order to a third party during any calendar month (or statement cycle of at least four weeks). A preauthorized transfer includes any arrangement with us to pay a third party from your account at (i) a predetermined time; (ii) on a fixed schedule or (iii) upon or written orders including orders received through the automated clearing house (ACH). If the transfer or withdrawal is initiated in person, by mail, or at an ATM then there is no limit on the number of payments that may be made directly to you, directly to us for amounts you owe us, or transfers to other accounts you have with us. Withdrawals by phone are also unlimited if you are requesting that a check be mailed to you. Rate may change after account is opened.
2 APY = Annual Percentage Yield. Penalties may apply for early withdrawal, and fees could reduce earnings on the account.
3 Business Money Manager Account - The minimum deposit to open the account is $2,500. To avoid imposition of fees you must maintain an average daily balance of $2,500 in your account. If the average daily balance falls below $2,500 , your account will be subject to a service fee of $10 for that month. If your balance falls below $2,500, rate reverts to the Business Savings rate until the minimum balance requirement is met.
