Checking Account Interest Rates

You must maintain the minimum balance needed for each tier in order to earn the Annual Percentage Yield (APY) disclosed. All interest rates and APYs are determined at the bank’s discretion and are subject to change at any time, including after the account is opened, regardless of account balance. Fees could reduce earnings on the account. The daily balance is the balance at the end of each business day, equal to the beginning balance for that day plus the current business day credits, minus the current business day debits. Business days are Monday through Friday; federal holidays are not included. We use the daily balance method to calculate interest on all deposit accounts.

This method applies a daily periodic rate to the principal in the account each day. Interest on your check deposit begins to accrue on the business day we receive credit for the deposit on all accounts except for Retirement Money Market.

Interest will be compounded daily and credited to your account monthly for all interest bearing checking. If you close your account before interest is credited you will not receive the account accrued interest. Please consult the Consumer Pricing Information (PDF) disclosure for fees, minimum balance requirements to waive monthly fees and minimum opening deposit requirements to establish the account. A minimum opening deposit of $25 is required to open.

Deposit products are offered by U.S. Bank National Association. Member FDIC.