Advantage Business Interest Checking – Truth in Savings

TISA Disclosure for DD Product 202

ADVANTAGE BUSINESS INTEREST 02/05/2019

Minimum Balance to Open Account – $50.00

Qualifier – Sole Proprietorship and Not-for profit organizations.

Minimum Balance to Avoid Imposition of Monthly Base Fee – A monthly base fee of

$10.00 will be imposed unless a minimum daily balance of $1,500.00 is maintained for the monthly statement cycle.

Advantage Business Interest Checking account allows up to 1,000 free items per month. If the account exceeds the 1,000 monthly transactions the account will be converted to another checking product.

Please refer to our “Schedule of Commercial Deposit Service Fees” for additional fee(s) which may apply.

Rate information:

NOTE: In this disclosure, Annual Percentage Yield is abbreviated as “APY”.

Interest

Rate APY

Balances Through $99,999,999,999.90 .2500% .25%

The interest rate and annual percentage yield may change.

For rate information after the date noted above, please call us at 678-284-3432. Frequency of Rate Changes – We may change the interest rate on the account at any time.

Determination of Rate – At our discretion, we may change the interest rate on the account.

Compounding and Crediting Frequency – Interest will be compounded every day. Interest will be credited to the account on the last day of your statement period.

Accrual of Interest on Noncash Deposits – Interest begins to accrue on the business day we receive credit for the deposit on noncash items (for example, checks).

Daily Balance Computation Method – A daily balance method is used to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.

Effect of Closing Account – Accrued interest will be paid.

We reserve the right to change the terms of an account or product.

 
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