The current interest rate and Annual Percentage Yield (“APY”) for the Savings Account appear in the Interest Rate Schedule shown below. This is a variable rate account. The Savings Account (including Pots linked to Savings Account and Teen Savings Account) is only eligible to earn interest if it meets eligibility criteria as defined below (“Interest Qualifying Criteria”). We may, at our discretion, change the interest rate and APY for the Savings Account at any time. Interest begins to accrue no later than the business day the deposit is applied to the Savings Account. Interest will be compounded daily and credited to the Savings Account on a monthly basis. You must accrue interest of at least $0.01 during a calendar month for the interest to be paid. In addition, the balances in your Checking Account and Savings Account must not drop below $0.00 on any calendar day of the month. If you choose to close your Checking or Savings Account, you will forfeit interest that is accrued but is not credited to your account.
|Account Type||Interest Rate||APY||Maximum Balance||Qualification to Earn Interest|
|Savings Account||2.96%||3.00%||$3,000||See Interest Qualifying Criteria|