Savings Account:
Savings Rate Information:
- The interest rate and annual percentage yield may change at any time.
- Interest will be compounded and credited to the account on the last business day of May and November.
- The daily balance method is used to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
- Interest begins to accrue on the business day noncash items are deposited (for example, checks).