Interest Bearing Checking Accounts. Compounding and Crediting:
Interest Bearing Checking Accounts. The Bank offers several interest bearing business checking accounts, each with different qualifiers. Refer to the Business Services Product and Pricing Guide for details, including any limitation on the number of transactions, balance requirements to avoid periodic fees, monthly maintenance charges, or other qualifiers for each account.
Interest Bearing Checking Accounts. We may choose, in our sole discretion, to offer interest-bearing consumer Accounts (i.e. Accounts for individuals), and interest-bearing commercial Accounts (including Accounts for sole proprietors, business partnerships, professional associations, limited liability companies, for-profit corporations and governmental units). In addition, if we offer interest-bearing Accounts, such Accounts may also be held by a for-profit organization serving in a fiduciary or trustee capacity for a person or an entity that is itself permitted to hold an interest-bearing checking Account, and by an organization that is operated primarily for religious, philanthropic, charitable, educational, or other similar purpose.
Interest Bearing Checking Accounts. Deposits. A Non-Interest Bearing Checking Account is established by you designating the appropriate option on the Membership Application and Agreement or, if it is established after your Savings Account is opened, by completing an Application to Add Checking Account. After you have established your Checking Account, you may make additional deposits into that account at any time and in any amount subject to the terms of this Agreement and any other additional disclosures we provide you. There is no minimum balance required to open a Non-Interest Bearing Checking Account, however you must maintain
