COMPOUNDING AND CREDITING - Interest will be compounded monthly and will be credited to your account monthly. If you close your account before interest is credited, you will not receive the accrued interest.
MINIMUM BALANCE REQUIREMENTS - This account does not require a minimum initial deposit. A monthly charge 0f $14.99 will be imposed if the balance in checking account falls below $5,000.00 on any day of the month cycle. No monthly charge will be imposed if a balance of $25,000.00 or more is maintained in checking, savings, time deposit and IRA accounts.
You must maintain a minimum daily balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.
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 ON NONCASH DEPOSITS - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
TRANSACTION LIMITATIONS - No transaction limitations apply to this account.
| SCHEDULE OF FEES | |
| Stop Payment Order | $15.00 per check |
| ACH Returned Transmission | $15.00 each |
| Check Copy | $5.00 per item |
| Account Statement Copy | $10.00 |
| Charge for Debit (Debit Card, Check, ACH, Phone & Internet Banking, Branch Teller) Returned For or Paid Against | |
| Insufficient Funds | $15.00 each |
| Overdraft Balance | $15.00 each |
| Daily Charge for Overdrawn Account *Not applies while eligible for Oriental Overdraft Privilege *Apply if the account has been over 30 consecutives days overdrawn |
$5.49 |
| Daily Overdraft Interest Rate *Apply if the account has been over 30 consecutives days overdrawn |
0.0493% |
| Investigation of Checks Paid | |
| Less than one year | $5.00 per item |
| More than one year | $10.00 per item |
| Check Printing Fee | Varies depending on the style and supplier |
| Inactive Accounts (6 months or more) with the balance less than $500.00 | $5.99 |
| Replacement of Debit Card | $9.00 each |
| Account Confirmation (write) | $5.00 |
| History of Account | $10.00 |
| Copy of deposit slip and/or withdrawal slip | $5.00 each |
| Processing Fee for Accounts Closed During 12 Months after the Account Opening Date | $10.00 |