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. Interest begins to accrue on the first business day after the banking day you deposit noncash items for example, checks.

Interest for your account will be compounded daily and credited quarterly and disclosed on account statements that are generated quarterly.

Funds can be transferred from this account by telephone transfer, pre-authorized transfer or in-person withdrawal.

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. Interest begins to accrue on the first business day after the banking day you deposit noncash items for example, checks.

Interest for your account will be compounded daily. Interest will be credited to your account monthly and disclosed on the account statement.

Funds can be transferred from this account by check, telephone transfer, pre-authorized transfer or in-person withdrawal. You may make six transfers from your account each month, but only three may be payments by check to third parties.

Any individual under 70 1/2 years of age who has earned income may establish an IRA, and can also rollover proceeds from a pension plan payout to an IRA. There are many deciding factors in determining the dollar and age limits for this kind of account.