Performance at its Best
w Checkmate debit card with qualified checking account or ATM card.
w Online Bill Payments - no charge.
w Money Orders - no charge.
w Online Statement/Paper Statement Account.
Minimum balance to open - You must deposit $20,000.00 to open this account.
Rate Information - At our discretion, your interest rate and annual percentage yield may change at any time.
Compounding and crediting frequency - Interest will be compounded and credited to your account every month.
Minimum balance to avoid fees - A maintenance fee of $20.00 will be imposed every statement cycle if the balance in the account falls below $20,000.00 any day of the cycle.
Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations - Transfers from a Performance Plus Investment account to another account or to third parties by; check, draft, debit card, preauthorized transfer, automatic transfer, telephone, internet or PC banking, or similar order to third parties are limited to six per statement cycle.
Fees - An excessive transaction fee of $5.00 will be charged for each transaction in excess of the above limitations.
Unlimited withdrawals or transfers are allowed if made in person, at an ATM, by mail or by messanger.
Back to Consumer Savings