No minimum required to open. Interest is compounded and paid monthly on the last day of your statement cycle. All accrued, unpaid interest will be paid to you at account closing. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the available collected balance in the account each day.
Interest rates are variable and subject to change at the bank's discretion at any time.
The annual percentage yield may vary due to interest rate changes and fees. Interest rates are tiered offering higher interest rates on larger available balances. Fees could reduce earnings. Please refer to our Deposit rates Page to compare the current interest rates and annual percentage yields for all our accounts. This is a membership account.