The interest rate on your account is variable and equal to 60% of the midpoint of the federal funds rate target range as established by the Federal Open Market Committee of the Federal Reserve minus a margin of 29.5 bps. To view the current APY, visit the profile in your Currence app, and select Account.
Interest on your account will be compounded and credited on a monthly basis. If you close your Account, you will receive any interest that has accrued as of the date your Account is closed.
Any amounts and account terms referenced in this article are subject to change. Please consult your Deposit Account Agreement for the most current information.