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Golden Savings

Minimum balance to open the account- You must deposit $100.00 to open this account

Rate Information- Your interest rate and annual percentage yield may change. We may change the interest rate on your account at any time.

Determination of rate- At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency- Interest 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.

Minimum balance to obtain the annual percentage yield disclosed- You must maintain a minimum daily balance of $100.00 to obtain the disclosed annual percentage yield.

Average daily balance computation method- We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is a quarterly statement cycle

Transaction limitations- You may withdraw funds only during the first ten business days of the calendar quarter. If a withdrawal is made outside of the specified withdrawal period, your account may be closed.

Accrual of interest on noncash deposits- Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks).

Silver Savings

Minimum balance to open the account- You must deposit $100.00 to open this account

Rate Information- Your interest rate and annual percentage yield may change. We may change the interest rate on your account at any time.

Determination of rate- At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency- Interest 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.

Minimum balance to obtain the annual percentage yield disclosed- You must maintain a minimum daily balance of $100.00 to obtain the disclosed annual percentage yield.

Average daily balance computation method- We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is a quarterly statement cycle

Transaction limitations- Withdrawals or transfers from a Silver Savings account to another account by preauthorized, automatic, or telephone transfers are limited to six per quarter.

Accrual of interest on noncash deposits- Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks).
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