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Deposit Processing Services Offered Through This Site Are Provided By Waterfield Bank
Product Interest Rates Effective as of
Rates Subject to Change and Are Only Available Through This Site

Account Type

Minimum
Opening Deposit

Balance
Required To
Earn Interest

Interest Rate

Annual Percentage Yield (APY)

Checking Accounts

Free*

$      N/A

$      N/A

N/A

N/A

Interest**

$      50.00

$25.00 - 49.99

0.00%

0.00%

High Interest

$      50.00

$50.00-499.99

0.00%

0.00%

Premier

$      50.00

$500.00 +

0.00%

0.00%

Jumbo Savings

Jumbo Savings

$      100,000.00

$100,000.00 +

0.00%

0.00%

Savings

High Yield Interest

$      0.00

$0.01-99,999.99

0.00%

0.00%


*Free checking is non-interest bearing.

**For Interest Checking Accounts with balances below $25.00, the Rate/APY will drop to 0.00%. Interest Checking Accounts will incur a $10.00 monthly service fee if the monthly average balance falls below $25.00.


Interest Checking accounts are variable rate products and rates may change daily without prior notification. Waterfield Bank uses the daily balance method of computing interest, which applies a daily periodic rate to the full collected amount of principal in the account each day.
 

Annual Percentage Yield Calculation: APY = 100 {(1+Interest/Principal) (365/Days in term) -1}. For additional rules of accounts, see Terms and Conditions.

 


 
All deposit products offered through this Banking Center will be opened and deposit processing services are provided by Waterfield Bank. The deposit products are FDIC insured by one of the participating financial institutions to the full extent of the law.