Common use of Interest Disclosures Clause in Contracts

Interest Disclosures. The interest rate on your Account is variable and will initially be equal to 3.01% with an annual percentage yield of 3.06%. This interest rate and annual percentage yield may change from time to time as determined by 98% of the midpoint of the Federal Reserve funds rate, minus 180 bps. You can access the current interest rate applicable to your Account through the Online Banking Services or by contacting us as specified above. Interest on your Account will be compounded and credited on a monthly basis. If you close your Account, you will receive any interest that has accrued as of the date your Account is closed. We use the daily balance method to calculate the interest on your Account. This method applies a daily periodic rate equal to 1/365 of the interest rate to the collected balance in the account each day. Interest will begin to accrue no later than t he next business day following the banking day on which the funds were deposited.

Interest Disclosures. The interest rate and annual percentage yield on your account is variable and may change from time to time. The interest rate on your Account is variable and will initially be equal to 3.01% with an annual percentage yield of 3.06%. This interest rate and annual percentage yield may change from time to time as determined by 98based on 75% of the midpoint of the federal funds rate target range1 as established by the Federal Reserve funds rateOpen Market Committee of the Federal Reserve, minus 180 bpsmultiplied by .55. You can access the current interest rate applicable to your Account through the Online Banking Services or by contacting us as specified above. Interest on your Account will be compounded and credited on a monthly basis. If you close your Account, you will receive any interest that has accrued as of the date your Account is closed. We use the daily balance method to calculate the interest on your Accountaccount. This method applies a daily periodic rate equal to 1/365 of the interest rate to the collected balance in the account each day. Interest will begin to accrue no later than t he the next business day following the banking day on which the funds were deposited.

Interest Disclosures. The interest rate on your Account is variable and will initially be equal to 3.01% with an annual percentage yield of 3.06%may change based on the Federal Funds Rate. This The interest rate and annual percentage yield may change from time to time as determined by 98on your Account is based on 80% of the midpoint of the federal funds rate target range as established by the Federal Reserve funds rateOpen Market Committee of the Federal Reserve, minus 180 bpsmultiplied by .20. You can access the current interest rate applicable to your Account through the Online Banking Services or by contacting us as specified above. Interest on your Account will be compounded and credited on a monthly basis. If you close your Account, you will receive any interest that has accrued as of the date your Account is closed. We use the daily balance method to calculate the interest on your Account. This method applies a daily periodic rate equal to 1/365 of the interest rate to the collected balance in the account Account each day. Interest will begin to accrue no later than t he the next business day following the banking day on which the funds were deposited.

Interest Disclosures. The interest rate on your Account is variable and will initially be equal to 3.013.50% with an annual percentage yield of 3.063.56%. This interest rate and annual percentage yield may change from time to time as determined by 98% of the midpoint of the Federal Reserve funds rate, minus 180 bps. You can access the current interest rate applicable to your Account through the Online Banking Services or by contacting us as specified above. Interest on your Account will be compounded and credited on a monthly basis. If you close your Account, you will receive any interest that has accrued as of the date your Account is closed. We use the daily balance method to calculate the interest on your Account. This method applies a daily periodic rate equal to 1/365 of the interest rate to the collected balance in the account each day. Interest will begin to accrue no later than t he the next business day following the banking day on which the funds were deposited.