CD Checking

Features: Minimum balance $20,000. Minimum daily balance $20,000. Monthly imaged statement, Unlimited Check writing. ATM accessibility, VRU accessibility. Interest terms: Interest begins to accrue on the business day you deposit cash or non cash items (example: checks). Interest is compounded on daily balance. Interest is compounded daily and credited monthly.   Accounts closed before the end of the statement cycle forfeit accrued interest. Account Charges: Monthly minimum balance fee if the average daily balance drops below $20,000 is $25. *Overdraft fee per item is $35. ATM and bookkeeping fees may apply (see fee chart). For-profit organizations are not eligible for CD Checking Accounts. This includes all organizations operated for profit, such as corporations, partnerships, associations and business trusts (but not sole proprietorships).