What is the maximum purchase amount on an EZPay Check Card?
13. How will I be notified of my CD/IRA maturing? Approximately 30 days before the maturity date, you will be mailed a maturity notice. It will show your maturity date, your interest rate, balance and interest payment at maturity. If you would like to renew the CD/IRA, it will automatically do so with the same term and current interest rates 10 days after the maturity date. At this time, you will be sent a renewal notice along with a new disclosure statement. 14. How does my interest accrue? Tri City National Bank uses the daily balance method to calculate Interest. This method applies a daily periodic rate (current interest rate / 365 days) to the current balance in the account each day. Interest begins to accrue no later than the business day that we receive credit for the deposit of noncash items. 15. What does APY mean? Annual Percentage Yield. This is the amount of interest you would earn, in one year, if the interest is compounded. The accrued interest must be left in the account
