Maximum Yield Money Market
Looking for higher earnings on your investments? Consider the Maximum Yield Money Market account.
Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield will depend upon the balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account weekly. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly. If the account is closed before interest is credited you will not receive the accrued interest.
Balance Information: We use the daily collected balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $15,000 in the account each day to obtain the disclosed annual percentage yield.
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