All statements close on the last day of the month and will be mailed within two business days. Cash Manager A computer link which allows convenient daily access to your accounts from the comfort of your own offices. Two withdrawals are allowed per month at no charge. Interest is compounded daily and paid monthly. Statements are mailed quarterly.
Interest is paid monthly on the daily collected balance.
The rate paid is determined according to tiered balances and may change from time to time. You are rewarded for keeping higher balances. There are limitations required by federal law in the number and type of withdrawals which can be made during a monthly statement period. You may make six withdrawals during the month, not more than three of which may be by check, draft or similar order to third parties. Please inquire of our staff for details.