Accounts will be analyzed for monthly activity, float and actual services used. Multiple account relationships may be combined for analysis in order to assure your proper credit for all balances. 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.