Business Account Rates
Printable Version- Savings: Share Account
- Savings: MoneyFund Account
- Savings: WealthBuilder Account
- Basic Checking
- Checking
- Certificates and IRAs
- Fees
- Disclosures
Savings: Share Account1, 2
Effective May 1, 2010 |
|||
Minimum Deposit to Open |
Daily Minimum Balance to Obtain APY |
APY* |
Dividend Rate |
$10 |
$0 - $499.99 |
.15% |
.15% |
|
$500 and up |
.30% |
.30% |
Savings: MoneyFund Account3
Effective May 1, 2010 |
|||
Minimum Deposit to Open |
Daily Minimum Balance to Obtain APY |
APY* |
Dividend Rate |
$2,500 |
$0 - $499.99 |
.15% |
.15% |
|
$500 - $2,499.99 |
.30% |
.30% |
|
$2,500 - $9,999.99 |
.45% |
.45% |
|
$10,000 - $24,999.99 |
.60% |
.60% |
|
$25,000 - $49,999.99 |
.80% |
.80% |
|
$50,000 and up |
1.00% |
1.01% |
Savings: WealthBuilder Account3
Effective May 1, 2010 |
|||
Minimum Deposit to Open |
Daily Minimum Balance to Obtain APY |
APY* |
Dividend Rate |
$100,000 |
$0 - $499.99 |
.15% |
.15% |
|
$500 - $2,499.99 |
.30% |
.30% |
|
$2,500 - $9,999.99 |
.45% |
.45% |
|
$10,000 - $24,999.99 |
.60% |
.60% |
|
$25,000 - $49,999.99 |
.80% |
.80% |
|
$50,0000 - $99,999.99 |
1.00% |
1.01% |
|
$100,000 - $249,999.99 |
1.10% |
1.11% |
|
$250,000 - $499,999.99 |
1.10% |
1.11% |
|
$500,000 - $999,999.99 |
1.10% |
1.11% |
|
$1,000,000 and up |
1.10% |
1.11% |
Basic Checking
Effective May 1, 2010 |
|
Minimum Deposit to Open |
$100 |
Daily Minimum Balance to Obtain APY |
None |
Monthly Service Fee |
None |
Checks/Debits (first 20/month free) |
$.25/each |
Debit Card |
FREE |
Paper/Electronic Statements |
FREE |
Online Banking |
FREE |
APY* |
0% |
Dividend Rate |
0% |
Checking
Effective May 1, 2010 |
|
Minimum Deposit to Open |
$100 |
Daily Minimum Balance to Obtain APY |
None |
Monthly Service Fee |
$15 |
Checks/Debits |
Unlimited |
Debit Card |
FREE |
Paper/Electronic Statements |
FREE |
Online Banking |
FREE |
APY* |
0% |
Dividend Rate |
0% |
APY * = Annual Percentage Yield
DIVIDEND INFORMATION: Balance computation method — Dividends are calculated by the daily balance method with applies a daily periodic rate to the balance in the account each day. Accrual of dividends on non-cash deposits — Dividends will begin to accrue on the business day you deposit non-cash items (e.g. checks) to your account. Nature of dividends — Dividends are paid from current income and available earnings, after required transfers to reserves at the end of the dividend period. Affects of account closing — If you close your account before dividends are paid, you will receive the accrued dividends.
These are prospective dividend rates and anticipated Annual Percentage Yields (APY) for the current dividend period and may change at any time without limitations as determined by the TruStone Board of Directors. To confirm the current rates, call 763.591.4949 or 800.343.8328
TRANSACTION LIMITATIONS FOR ALL SAVINGS ACCOUNTS: Regulation D requires that during any calendar month you may not make more than six withdrawals or transfers from your saving account to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction. Transactions governed by Regulation D include, but are not limited to: automatic transfers from savings to checking for overdraft protection, automatic transfers from saving to any other account, telephone transfers from savings to any other account (including transfers made using Telexpress and the fax machine,) preauthorized payments from savings, transfers from savings to any other account using Personal Access Home Banking.
Regulation D allows unlimited transfers to withdrawals from a saving account when made by mail, messenger, ATM, or in person, or when such withdrawals are made by telephone provided a check is mailed to the member. Transfers to repay loans at the credit union and to pay safe deposit box rent are also unlimited.
- The minimum deposit to open this account and maintain membership is the purchase of a $10 share in TruStone Financial.
- For these account types, the dividend period is quarterly; for example the first dividend period of the calendar year is January 1 through March 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the ending date of a dividend period, and for example is March 31.
- For these account types, the dividend period is monthly; for example, the first dividend period of the calendar year is January 1 through January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the ending date of a dividend period, and for example is January 31.
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.