*APY = Annual Percentage Yield
Federal Regulations – Transfers from a Money Market, Statement Savings or Christmas Club to another account or to third parties by preauthorized, automatic, telephone, online transfer or check or similar order to third parties are limited to six per statement cycle in any combination. Excessive limited transactions may require us to change the account to a transaction account that will reduce earnings. Unlimited withdrawals are those that are made in person at any one of our branch offices, at the ATM, or by mail or messenger. Unlimited withdrawals are not included in determining whether or not we are required to transfer your account to a transaction type account. Both limited and unlimited transactions are counted when determining over-the-limit transaction fees for the statement cycle.
Ask your account representative for the most current interest rates and annual percentage yields. The interest rate and Annual Percentage Yield (APY) for your account depend upon the applicable rate tier and can change at any time at our discretion. This is a variable rate account. Interest will be compounded daily and credited to your account at statement cycle. 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. Interest begins to accrue on the business day you deposit non-cash items, (for example, checks). You must maintain a minimum balance in the account each day, and maintain the services required, to obtain the corresponding APY. A minor is anyone under 18 in Louisiana and under age 21 in Mississippi.
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