Senior N.O.W. Accounts
|Daily Minimum Collected Balance Level||Interest Rate||Annual Percentage Yield|
|Less than $500.00||0.00%||0.00%|
|$500.00 to $4,999.99||0.05%||0.05%|
|$5,000.00 to $24,999.99||0.05%||0.05%|
|$25,000.00 or more||0.05%||0.05%|
We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the Collected Balance in your account each day. Interest is accrued daily, compounded monthly and credited to your account on your monthly statement date. If you close your account before the interest is credited, you will NOT receive the accrued interest. At our discretion, we may change the interest rates at any time. Penalty may be assessed for early withdrawal. APY is accurate as of January 8, 2013. Fees could reduce the earnings on the account.