Last Updated 18 March 2011
DISCLOSURE OF FEES AND ACCOUNT TERMS FOR
MONEY MARKET ACCOUNTS AT
THE STATE BANK OF HILDRETH, Hildreth, Nebraska
INQUIRIES, CALL: (308)938-2155
Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of Rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.
Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items(for example, checks).
Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfers are limited to six per statement cycle with no more than three by check, draft, or similar order to third parties.
A per item fee of $1.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of six during a statement cycle.