If the earnings credit calculation exceeds the activity charges, there is no service charge for that period. If the activity charges exceed the earnings credit calculation, your account will be charged the net difference.
Interest paid is subtracted from the earnings credit.
The net earnings credit is then applied toward your total activity charges for the statement period. If the earnings credit calculation exceeds the activity charges, there is no service charge for that period. If the activity charges exceed the earnings credit calculation, your account will be charged the net difference. Customers are permitted three free debits per month. Please consult with your TexasBank representative for current interest rate information.