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Rate Information
At our discretion, we may change the interest rate and annual percentage yield on your account at any time.
Minimum Balance to Obtain Annual Percentage Yields Disclosed
You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage.
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.
Compounding and Crediting Frequency
Interest for your account will be compounded monthly. Interest will be credited to your account monthly.
Effect of Closing an Account
If you close your account before interest is credited, you will not receive the accrued interest.
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.
Rate Information
At our discretion, we may change the interest rate and annual percentage yield on your account at any time.
Compounding and Crediting
Interest will be compounded every month. Interest will be credited to your account every month.
Effect of Closing an Account
If you close your account before interest is credited, you will not receive the accrued interest.
Minimum Balance to Obtain Annual Percentage Yield Disclosed
You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.
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).
Rate Information
At our discretion, we may change the interest rate and annual percentage yield on your account at any time. This is a “tiered-rate account.”
Minimum Balance to Obtain Annual Percentage Yield Disclosed
You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.
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.
Compounding and Crediting Frequency
Interest for your account will be compounded monthly. Interest will be credited to your account monthly.
Effect of Closing an Account
If you close your account before interest is credited, you will not receive the accrued interest.
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.
Rate Information
At our discretion, we may change the interest rate and annual percentage yield on your account at any time.
Minimum Balance to Obtain Annual Percentage Yield Disclosed
You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
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 principle in the
account each day.
Compounding and Crediting Frequency
Interest for your account will be compounded every quarter. Interest will be credited to your account every quarter.
Effect of Closing an Account
If you close your account before interest is credited, you will not receive the accrued interest.
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.
Rate Information
At our discretion, we may change the interest rate and annual percentage yield on your account at any time. This is a “tiered-rate account.”
Minimum Balance to Obtain Annual Percentage Yield Disclosed
You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.
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 principle in the
account each day.
Compounding and Crediting Frequency
Interest for your account will be compounded monthly. Interest will be credited to your account monthly.
Effect of Closing an Account
If you close your account before interest is credited, you will not receive the accrued interest.
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.
Rate Information
Call Arrowhead Bank for our most current rates (APY’s) on regular and jumbo CDs.
Compounding and Crediting Frequency
Interest will not be compounded. Interest will be credited to your account every month.
Minimum Balance to Open the Account
You must maintain a minimum balance of $500.00 ($100,000.00 for Jumbo CDs) in the account each day to open the account.
Minimum Balance to Obtain the Annual Percentage Yield Disclosed
You must maintain a minimum balance of $500.00 ($100,000.00 for Jumbo CDs) in the account each day to obtain the disclosed annual percentage yield.
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 on the business day you deposit noncash items (for example, checks).
Transaction Limitations
You may not make deposits into your account before maturity:
Required Interest Distribution
This account does not require the distribution of interest; earned interest may remain in the account.
Early Withdrawal Penalties
(A penalty may be imposed for withdrawals before maturity)
The fee we may impose will equal one months’ interest on the amount withdrawn subject to penalty.
The fee we may impose will equal three months’ interest on the amount withdrawn subject to penalty.
The fee we may impose will equal six months’ interest on the amount withdrawn subject to penalty.
In certain circumstances such as death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. See you plan disclosure if the account is part of an IRA or other tax qualified plan.
Automatically Renewable Time Account
This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any) or we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.
You will have ten calendar days after maturity to withdraw the funds without a penalty.
Rate Information
Call Arrowhead Bank for our most current rates.
Minimum Balance to Open the Account
You must deposit $100.00 to open this account.
Compounding Frequency
Interest will be compounded every day.
Crediting Frequency
Interest will be credited to your account every quarter.
Minimum Balance to Obtain Annual Percentage Yield Disclosed
You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
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 on the business day you deposit noncash items (for example, checks).
Transaction Limitations
You may make the following deposits into your account before maturity:
You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty.
You cannot withdraw interest from your account before maturity unless you are age qualified.
Early Withdrawal Penalties (a penalty may be imposed for withdrawals before maturity)
The fee we may impose will equal three months’ interest on the amount withdrawn subject to penalty.
In certain circumstances such as death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. See your plan disclosure if the account is part of an IRA or other tax qualified plan.
Automatically Renewable Time Account
This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any) or we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.
You will have ten calendar days after maturity to withdraw the funds without a penalty.
Statement Period
Annually
Rate Information
Your interest rate and annual percentage yield may change. We may change the interest rate on your account the second Tuesday of every month. The interest rate on your account will be equal to the 13 week T-bill rate. Call Arrowhead Bank for the most current rate.
Minimum Balance to Open the Account
You must deposit $100.00 to open this account.
Compounding Frequency
Interest will be compounded every day.
Crediting Frequency
Interest will be credited to your account every month.
Minimum Balance to Obtain Annual Percentage Yield Disclosed
You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
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 on the business day you deposit noncash items (for example, checks).
Transaction Limitations
The minimum amount you can deposit is $25.00.
There are no limitations on the frequency or timing of additional deposits, except that no additions can be made in the last seven days before maturity.
You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty.
You cannot withdraw interest from your account before maturity unless you are age qualified.
Early Withdrawal Penalties (a penalty may be imposed for withdrawals before maturity)
The fee we may impose will equal three months interest on the amount withdrawn subject to penalty.
In certain circumstances such as death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. See you plan disclosure if the account is part of an IRA or other tax qualified plan.
Withdrawal of Interest Prior to Maturity
The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Automatically Renewable Time Account
This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any) or we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.
You will have ten calendar days after maturity to withdraw the funds without a penalty.
Statement Period
Annually
*Call Arrowhead Bank for rates.