1 Transactions include debits, deposited items, and credits.
2 Business Checking and Commercial Checking Accounts may receive an earnings credit allowance which is based on the balances maintained in your Account, less the reserve rate of ten percent. The earnings credit allowance is subtracted from your total analyzed activity fees (charges associated with your Accounts and services) resulting in your Service Charge. If sufficient balances are maintained in your Account, the costs of the banking services you use may be covered. The earnings credit allowance may not be used to offset certain fees, such as Paid Overdrafts, NSF Returned Items, Overdraft Interest and fees associated with Sweep accounts.
The earnings credit rate and the basis for the rate are subject to change from time to time without prior notice to you. Current rate and earnings credit information is available from your nearest banking center or by calling the telephone number on the front of your Account statement. Earnings credit is not available for withdrawal. Unless we agree otherwise in writing, earnings credit can only be used for fees incurred during the month covered by analysis. Services may be billed on a consolidated basis and, if requested, presented to you on an Account analysis statement.
Fees will be charged between the fifth and tenth Business Days of the following month.