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Rate
Information:
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You will be paid the disclosed interest rate for at least 30 calendar
days. We will never decrease this rate unless we first give you at least 30
days notice in writing.
The interest rate as of April 16, 2008 is 1.25%
with an annual percentage yield of 1.26%.
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Compounding
Frequency:
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Interest will be compounded every month. Interest will
be credited to your account every month
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Minimum
balance to obtain the annual percentage yield disclosed:
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You must maintain a minimum balance of $100.00 in the
account each day to obtain the disclosed annual percentage yield.
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Daily balance
computation method:
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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.
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Accrual of
interest on noncash deposits:
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Interest begins to accrue on the business day you deposit
noncash items (for example, checks).
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