Rate information - At our discretion, we may change the interest rate for this account at any time. If you would like current rate and yield information, please call us at (877)678-0909. The interest rate and annual percentage yield may change at any time.
Compounding frequency - Interest will be compounded daily.
Crediting frequency - Interest will be credited into this account monthly.
Effect of closing an account - If you close your account before interest is paid, you will not receive the accrued interest.
Daily balance computation method - Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on noncash deposits - Interest will begin to accrue on the first business day after the banking day you deposit noncash items (for example, checks) into your account.
Minimum balance to open - The minimum balance required to open this account is $1,000.00.
Deposit limitations - You may make an unlimited number of deposits into your account.
Fees and Charges - The following fees and charges apply to this account:
Service Charge (balance falls below $1,000.00): $10.00Additional Terms - The following additional terms apply to this account: Participants must meet age requirements of 55 years or older. CLUB ACCOUNT FEATURES: Basic Plan: offers $20,000.00 in Accidental Death & Dismemberment insurance coverage (see below for more details). Extended Plan: offers $40,000.00 in Accidental Death & Dismemberment insurance coverage (see below for more details). Club Checks: Free distinctive personalized checks designating you as a member of The Commercial Club (up to 400 checks per year). Travelers Checks: Free with Club Membership Safe Deposit Box Discount: 25% discount on annual box rent with Club Membership Cashiers Checks and Money Orders: When you need a bank money order or a cashier's check, just ask us. We'll issue it at no charge if you're a member of The Commercial Club. Photocopies: As a member of the Commercial Club, you are entitled to make copies of your personal papers, at any of our bank locations. $20,000 Accidental Death & Dismemberment Insurance And $50,000 Common Carrier: Is provided immediately at no additional charge. If this is a joint account, total coverage is divided evenly. You may elect additional coverage-see application. Prescription Drug Discounts: Through a nationally recognized prescription drug program, you will receive the best price available on your prescription at your local participating pharmacist. Save Up To 60% On Hearing Instruments: We have made arrangements with a hearing service for fantastic discounts on
hearing instruments. You can save up to 60% off the normal retail cost of hearing instruments on top brand name manufacturers. Prescription Eyewear Discounts: You receive guaranteed lowest prices on eyewear at thousands of locations nationwide plus a 30-day satisfaction guarantee. You also have access to a network of ophthalmologists in selected markets providing members a 20% to 60% discount on qualified procedures. LifeLock Identity Theft 911 Protection: This solution helps prevent your identity from being stolen before it happens, plus you receive the $1,000,000 service guarantee and the added protection of Identity Theft 911.