Quontic Rate Sheet

This disclosure contains information about terms and interest rates for some of the accounts we offer.

Note. In this disclosure, the Annual Percentage Yield is abbreviated as “APY”. If this disclosure was given to you in connection with an inquiry, the Interest Rate(s) and APY(s) shown are accurate as of
October 15, 2020
For any questions, call us at (800) 908-6600.

CERTIFICATES OF DEPOSIT (CD)

(CD) Term

Interest Rate

APY

Minimum Balance

12 months

1.49%

1.50%

$1,000.00

24 months

1.59%

1.60%

$1,000.00

36 months

1.74%

1.76%

$1,000.00

48 months

1.78%

1.80%

$1,000.00

60 months

1.78%

1.80%

$1,000.00

MINIMUM BALANCE REQUIREMENTS. You must deposit $1,000.00 to open this account. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

DISCLAIMER. Withdrawals before the maturity date are subject to penalties.

MONEY MARKET ACCOUNT

Minimum Daily Balance to Obtain APY

Interest Rate

APY

Balances through $4,999.99

1.39%

1.40%

$5,000.00 - $149,999.99

1.49%

1.50%

Balances over $150,000+

1.59%

1.60%

MINIMUM BALANCE REQUIREMENTS. You must deposit $500.00 to open this account. No minimum daily balance required and no maintenance fee. You must maintain a minimum balance stated above in the account each day to obtain the disclosed annual percentage yield. You will earn interest every day during the period that your account equals or exceeds the minimum daily balance requirement.

TRANSACTION LIMITATIONS. You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card and similar transactions from your account per month or statement cycle. You will be contacted in the event you exceeded the transaction limitations and your account may be changed to a transactional account. There is a $10.00 excess transaction fee for every transaction over six for preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or similar transactions from your account per account statement cycle.

HIGH INTEREST CHECKING ACCOUNT

Conditions

Conditions Not Met

Conditions Met

Minimum Opening Balance Requirement

$500

$500

Minimum Daily Balance Requirement

$0.01 - $1,000,000.01

$0.01 - $1,000,000.01

Qualifying Activity Requirements
Minimum Number of Qualifying Point of Sale (POS)
Debit Card Transactions Per Statement Cycle


0


15

Interest Rate

0.01%

1.98%

APY

0.01%

2.00%

The above 1.98% interest rate and 2.00% APY is based on fulfilling the following minimum qualifying activity requirements per statement cycle:
(1) a daily balance less than or equal to $1,000,000.01, and (2) 15 qualifying Point of Sale debit card transactions. If any of the qualifying activity requirements are not met, the account will earn 0.01% APY and interest rate.

MINIMUM BALANCE REQUIREMENTS. You must deposit $500.00 to open this account. No minimum daily balance required and no maintenance fee.

HIGH YIELD SAVINGS ACCOUNT

Minimum Daily Balance to Obtain APY

Interest Rate

APY

Balances through $999,999.99

1.64%

1.65%

MINIMUM BALANCE REQUIREMENTS. You must deposit $500.00 to open this account. A minimum balance fee of $10.00 will be imposed every statement cycle if the average balance in the account falls below $10,000.00 for the statement cycle. You must maintain a minimum daily balance stated above in the account each day to obtain the disclosed annual percentage yield. You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.

TRANSACTION LIMITATIONS. You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card and similar transactions from your account per month or statement cycle. You will be contacted in the event you exceeded the transaction limitations and your account may be changed to a transactional account. There is a $10.00 excess transaction fee for every transaction over six for preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or similar transactions from your account per account statement cycle.

Quontic Rate Sheet

This disclosure contains information about terms and interest rates for some of the accounts we offer.

Note. In this disclosure, the Annual Percentage Yield is abbreviated as “APY”. If this disclosure was given to you in connection with an inquiry, the Interest Rate(s) and APY(s) shown are accurate as of
October 15, 2020
For any questions, call us at (800) 908-6600.

CERTIFICATES OF DEPOSIT (CD)

RATE INFORMATION. The fixed term duration, interest rate and annual percentage yield on this account is as follows:

(CD) Term
Interest Rate
APY
Minimum Balance
12 months
0.20%
0.20%
$500.00

MINIMUM BALANCE REQUIREMENTS. You must deposit $500.00 to open this account. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.

DISCLAIMER. Withdrawals before the maturity date are subject to penalties.

MONEY MARKET ACCOUNT

TIERED VARIABLE RATE INFORMATION. The interest rate and annual percentage yield on this account is as follows:

Minimum Daily Balance to Obtain APY
Interest Rate
APY
Balances through $4,999.99
0.30%
0.30%
$5,000.00 – $149,999.99
0.35%
0.35%
Balances over $149,999.99
0.40%
0.40%

MINIMUM BALANCE REQUIREMENTS. You must deposit $100.00 to open this account. No minimum daily balance required and no maintenance fee. You must maintain a minimum balance stated above in the account each day to obtain the disclosed annual percentage yield. You will earn interest every day during the period that your account equals or exceeds the minimum daily balance requirement.

TRANSACTION LIMITATIONS. You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card and similar transactions from your account per month or statement cycle. You will be contacted in the event you exceeded the transaction limitations and your account may be changed to a transactional account. There is a $10.00 excess transaction fee for every transaction over six for preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or similar transactions from your account per account statement cycle.

CDL CHECKING ACCOUNT

VARIABLE RATE INFORMATION. The required account balance, activity, interest rate and annual percentage yield on this account are as follows:

Conditions
Conditions Not Met
Conditions Met
Minimum Opening Balance Requirement
$500.00
$500.00
Minimum Daily Balance Requirement
$0.01 – $1,000,000.01
$0.01 – $1,000,000.01
Qualifying Activity Requirements
Minimum Number of Qualifying Point of Sale (POS) Debit Card Transactions Per Statement Cycle
0
15
Interest Rate
0.01%
1.00%
APY
0.01%
1.01%

The above 1.98% interest rate and 2.00% APY is based on fulfilling the following minimum qualifying activity requirements per statement cycle:
(1) a daily balance less than or equal to $1,000,000.01, and (2) 15 qualifying Point of Sale debit card transactions. If any of the qualifying activity requirements are not met, the account will earn 0.01% APY and interest rate.

MINIMUM BALANCE REQUIREMENTS. You must deposit $500.00 to open this account. No minimum daily balance required and no maintenance fee.

HIGH INTEREST CHECKING ACCOUNT

VARIABLE RATE INFORMATION. The required account balance, activity, interest rate and annual percentage yield on this account are as follows:

Conditions
Conditions Not Met
Conditions Met
Minimum Opening Balance Requirement
$100.00
$100.00
Minimum Daily Balance Requirement
$0.01 – $1,000,000.01
$0.01 – $1,000,000.01
Qualifying Activity Requirements
Minimum Number of Qualifying Point of Sale (POS) Debit Card Transactions Per Statement Cycle
0
15
Interest Rate
0.01%
1.00%
APY
0.01%
1.01%

The above 1.00% interest rate and 1.01% APY is based on fulfilling the following minimum qualifying activity requirements per statement cycle:
(1) a daily balance less than or equal to $1,000,000.01, and (2) 15 qualifying Point of Sale debit card transactions. If any of the qualifying activity requirements are not met, the account will earn 0.01% APY and interest rate.

MINIMUM BALANCE REQUIREMENTS. You must deposit $100.00 to open this account. No minimum daily balance required and no maintenance fee.

HIGH YIELD SAVINGS ACCOUNT

TIERED VARIABLE RATE INFORMATION. The interest rate and annual percentage yield on this account is as follows:

Minimum Daily Balance to Obtain APY
Interest Rate
APY
Balances through $999,999.99
0.30%
0.30%

MINIMUM BALANCE REQUIREMENTS. You must deposit $100.00 to open this account. No minimum balance fee will be imposed. You must maintain a minimum daily balance stated above in the account each day to obtain the disclosed annual percentage yield. You will earn interest every day during the period that your account equals or exceeds the minimum daily balance requirement.

TRANSACTION LIMITATIONS. You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card and similar transactions from your account per month or statement cycle. You will be contacted in the event you exceeded the transaction limitations and your account may be changed to a transactional account. There is a $10.00 excess transaction fee for every transaction over six for preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or similar transactions from your account per account statement cycle.

DRAWBRIDGE SAVINGS ACCOUNT

TIERED VARIABLE RATE INFORMATION. The interest rate and annual percentage yield on this account is as follows:

Minimum Daily Balance to Obtain APY
Interest Rate
APY
Balances through $250,000
0.50%
0.50%
Balances over $250,000.00
0.01%
0.01%

MINIMUM BALANCE REQUIREMENTS. You must deposit $100.00 to open this account. No minimum daily balance required and no maintenance fee. You must maintain a minimum balance stated for the account each day to obtain the disclosed annual percentage yield. You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement. Please refer to our separate rate sheet for the current tiers, interest rate and annual percentage yield information.

TRANSACTION LIMITATIONS. You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card and similar transactions from your account per month or statement cycle. You will be contacted in the event you exceeded the transaction limitations and your account may be changed to a transactional account. There is a $10.00 excess transaction fee for every transaction over six for preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or similar transactions from your account per account statement cycle.

QUONTIC MAX MONEY MARKET

TIERED VARIABLE RATE INFORMATION. The interest rate and annual percentage yield on this account is as follows:
Balance Information
Interest Rate
APY
Balances through $1,000,000.00
0.3000%
0.30%
Balances over $1,000,000.00
0.2500%
0.25%