Interest will compound and pay to your account monthly. We use the daily balance method to calculate the interest in your account. This method applies a daily periodic rate to the principal in the account each day. If you are under 18 years of age, the Youth Savings account is designed to meet your needs. A detailed statement is mailed quarterly.
Interest is paid and service fees are deducted monthly.
Please visit with one of our financial representatives to obtain current rate and APY information. The interest rate and annual percentage yield may change, any time, at our discretion. Interest will compound and pay to your account monthly. We use the daily balance method to calculate the interest in your account. This method applies a daily periodic rate to the principal in the account each day.