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- 434-964-2001
Rates are subject to change. Effective as of April 17, 2018.
Balance to Earn Dividend |
Compounding | Dividend Rate | APY* |
---|---|---|---|
$2,500 - $4,999 | Monthly | 0.1499% | 0.15% |
$5,000 - $9,999 | Monthly | 0.1998% | 0.20% |
$10,000 - $24,999 | Monthly | 0.2497% | 0.25% |
$25,000 - $49,999 | Monthly | 0.3494% | 0.35% |
$50,000 - $99,999 | Monthly | 0.3993% | 0.40% |
$100,000 and above | Monthly | 0.4491% | 0.45% |
*Annual Percentage Yield
The dividend rate & APY that corresponds to the applicable account balance tier will apply to the entire balance of the account. Dividends will be calculated using the daily balance method, which is a application of a daily periodic rate to the full amount of principal in the account each day. A minimum daily balance of $2,500 must be maintained to earn dividends on any particular day. A minimum daily balance fee of $10 per month will be charged for any balance that drops below $2,500. A money market minimum withdrawal fee of $20 will be charged for any withdrawal or draft under $100. More than six withdrawals on any given statement period will result in an excessive withdrawal fee of $5.00 per withdrawal. Fees may reduce earnings.