It considers both the volume of activity, as well as the dollar balances maintained. The earnings credit allowed for deposit balances may offset this service charge. Calculation for monthly interest is based on the daily balance during the statement cycle. If you close the account before interest is credited, you will not receive the accrued interest. The rates paid on Money Market Accounts are subject to change weekly.
Interest is based on a combination of competitive rates and the money market.
Daily calculations for monthly payment consider the collected balance as well as the Federal Reserve Bank requirements. This flexible account offers an ideal way to save. You have access to your funds up to three times per month. Interest is accrued daily and credited on your quarterly statement. Cash Flow Manager Cash Flow Manager is an accounts receivable management and financing program.