Interest 360 Base. We reserve the right, at our sole discretion to change the interest rates and annual percentage yield paid by us on any interest-bearing Account. The interest rate and annual percentage yield we offer on the same type of Account may be higher or lower based on the specific Customer, Account location or channel through which the Account is opened. We may also consider your relationship with us in setting interest rates on your Account, such as whether you have other Accounts with us, your balances with us in your other Accounts and how you use services that we offer with your Accounts. We occasionally offer special promotions on specific Accounts and/or to specific Custo- mers. These offers do not apply to all Accounts, Customers, or methods of Account opening. For current interest rates and annual percentage yields, visit our website for terms and conditions or call your relations- hip manager. Your Account(s) will earn simple interest on the collected balance during any calendar month when the daily balance of such Account is higher than the required minimum. Bank will compute interest on the funds in your Accounts on a 360-or 365-day basis, depending on the actual number of days the collected funds are on deposit. To determine the amount of interest to be paid to your Account, we use the daily balance method. This method applies a daily periodic rate to the collected balance in the Account each day. Interest is credited to your Account monthly. Interest begins to accrue when we receive credit for the funds deposited to the Account. We receive credit for cash and electronic payments on the same Banking Day the cash or funds are deposited into the Account. The balance in an interest-bearing deposit Account for which Bank has received credit is called the collected balance. We may not pay interest on funds deposited by a check which is retur- xxx unpaid. Interest will not be paid if your Account is closed before accrued interest is credited to the Account.
