To qualify for premium rate, the following must be met monthly:
High-Yield Checking Benefits
*Premium Rate: Earned on amounts between $500 and $15,000 and when the following qualifications are met: 15 debit card transactions per month, at least one online/mobile banking login, eStatements, and Direct Deposit.
*Non-Premium Rate: Earned on any amount in excess of $15,000 and on balances of $500 or more when premium qualifications are not met, as well as the month the account is closed.
*Some restrictions may apply. Ask for details. High-Yield Checking is a tiered-rate account. Monthly qualification cycle begins on the first day and ends on the last day of the calendar month. Terms and conditions may apply. Rate subject to change. APY = Annual Percentage Yield.
PREMIUM RATE of 2.00% APY is earned on balances between $500.00 and $15,000.00 when the following monthly qualifications are posted and settled within the monthly qualification cycle: 1. Make 15 debit card transactions, 2. Log in to online/mobile banking at least once, 3. Receive e-Statements, and 4. Have direct deposit.
NON-PREMIUM RATE of 0.00% APY is earned on balances of $499.99 or less. On balances over $15,000.00, 0.15% APY is earned or when premium qualifications are not met. When the account is closed, 0.15% APY applies for the month the account is closed.