Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,500.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $200.00 to open this account.
Appears in 7 contracts
Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement