*APY=Annual Percentage Yield. APYs accurate as of 3/16/2020. Rates may change after the account is opened. We may change the interest rate on your account daily. Minimum deposit to open is $50. A service charge of $1.00 a month may be charged to this account anytime the accounts balance falls below $20.00. Interest is compounded and accredited to the account quarterly. We use the daily balance method to calculate the interest on this account. Interest will accrue on the first business day after the banking day you deposit non-cash items (for example, checks) into your account.