Compounding and Crediting Frequency Interest will be compounded every day. Interest will be credited to your account every month. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. TransactionLimitations Transfers from a NetVantage Money Market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per statement cycle with no more than three by check, draft, or similar order to third parties.
Fees See separate fee schedule for additional information about charges.
The interest rate and APY on your account are stated on the Certificate of Deposit Receipt. You will be paid this rate until first maturity. Compounding Frequency Interest will be compounded daily. For certificates 12 months or less, interest will be credited at maturity. Certificates greater than 12 months are credited every month.