Booster CLUB Checking

Booster Club Checking

1) This account is intended for booster clubs (e.g. academics, arts, athletics) and similar youth club associations. Terms and Conditions apply.

2) APY: Annual Percentage Yield. Fees could reduce the earnings on the dividend bearing accounts.

Booster Club Checking: Monthly service fee is $0.

Dividend Information: Dividends are calculated using the daily balance method which applies a daily periodic rate to the balance in the account each day. Accrual of dividends: Dividends will begin to accrue on the business day you deposit non-cash items (ie: 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. If you close your account before dividends are paid, you will receive the accrued dividends. Dividends will be compounded monthly and credited to your account on every monthly statement or at the end of the calendar quarter. These are prospective dividend rates and anticipated APY for the current dividend period and may change at any time without limitations as determined by the Board of Directors.

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 pattern of dates. The dividend declaration date is the ending date of a dividend period, such as January 31. Rates subject to change including after account opening. Fees may reduce earnings.