High Yield Savings Account

The High Yield savings account pays a higher rate of interest than our regular share savings accounts. High Yield accounts pay daily interest, compounded monthly, which means that interest is credited to the account at the end of every month rather than the end of every three months. To earn interest, there is a minimum daily balance requirement of $1,000 for the High Yield account. The interest rate paid on the High Yield account can vary from one day to the next.

If a minimum daily balance of $1,000 can be maintained, the High Yield Account generally pays more interest.

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