How Does Earnings Credit Calculate?
Earnings Credit is calculated based on your average daily collected balance and is equal to the average of the 90 U.S Treasury Bill discount rate as determined by the previous four auction dates.

What is a Collected Balance?
Collected Balance is cash in your account plus deposited checks that have been presented to the bank the check is drawn on and for which payment has actually been received.

How Do I Figure My Daily Balance?
Your ending balance each day is the ending balance of the account from the previous day, plus deposits and minus withdrawals made that business day.

How is Interest Compounded?
Interest is compounded and credited monthly to your account at the end of your statement cycle. We use the daily balance method to calculate the interest on your account. This method applies the periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example checks).