A processing fee of $10.00 will be imposed every statement cycle if the average ledger balance for the statement cycle falls below $5,000.00.
If these requirements are not met, your WooHoo! Savings will convert to a Regular Savings Account and applicable fees will apply. If these monthly requirements per qualification cycle (which is the same as your statement cycle) are met, we will pay a bonus interest rate.
*0.10% Annual Percentage Yield (APY) - 0.10% interest rate - paid on balances between $.01 and $14,999.99, 0.20% APY - paid on balances from $15,000 up to $49,999.99, 0.30% APY - paid on balances from $50,000 up to $99,999.99 and 0.40% APY - paid on balances from $100,000 and up each qualification cycle the minimum requirements are met. Must have an active checking account at Citizens Bank Minnesota with the same ownership and same tax identification number as the WooHoo! Savings Account.
