Deposit Processing
Services Offered Through This Site Are Provided By The Huntington National Bank
Product Interest Rates Effective as of
Rates Subject to Change and Are Only Available Through This Site
**For Interest Checking Accounts with balances below $25.00, the
Rate/APY will drop to 0.00%. Interest Checking Accounts will incur
a $10.00 monthly service fee if the monthly average balance falls
below $25.00.
***For Money Market Accounts with balances below $200.00 the Rate/APY will drop to 0.00%. The Money Market accounts will incur a $10.00 monthly service fee if the monthly average balance falls below $200.00. For Jumbo Money Market accounts with balances below $50,000.00, the Rate/APY will be calculated based on the Money Market Account tiers. The Jumbo MMA will incur the $10 monthly service fee if the monthly average balance falls below $200.00.
Interest
Checking and
Money Market Savings
accounts are variable rate products and rates may change daily without
prior notification. The Huntington National Bank uses the daily balance method of computing
interest, which applies a daily periodic rate to the full collected
amount of principal in the account each day.
Certificate of Deposit interest rates are fixed for the term of
the account and may change during grace period. The Certificate
of Deposit annual percentage yield assumes monthly compounding and
that interest remains on deposit until maturity. Interest added
to the account is not principal until at which time the account
matures. Additional deposits are not allowed unless made in the
7 day grace period after maturity. The accounts will not earn interest
during the grace period if a withdrawal is made. A penalty will
be imposed for early withdrawal.
Annual Percentage Yield Calculation: APY = 100 {(1+Interest/Principal)
(365/Days in term) -1}. For additional rules of accounts,
see Terms and Conditions.
All deposit products offered through this Banking Center will be opened and deposit processing
services are provided by The Huntington National Bank. The deposit products are FDIC insured by one of
the participating financial institutions, to the full extent of the law.
