Health Savings Account

TIERED VARIABLE RATE INFORMATION

If your daily balance is below $1,500.00, the interest rate paid on the collected balance in your account will be 1.50% with an annual percentage yield of 1.51%.

If your daily balance is greater than $1,500.00 and less or equal to $4,999.99, the interest rate paid on the
collected balance in your account will be 3.00% with an annual percentage yield of 3.04%.

If your daily balance is greater than $5,000.00 and less or equal to $9,999.99, the interest rate paid on the
collected balance in your account will be 3.15% with an annual percentage yield of 3.20%.

If your daily balance is greater than $10,000.00 and less or equal to $49,999.99 the interest rate paid on the
collected balance in your account will be 3.54% with an annual percentage yield of 3.60%.

If your daily balance is greater than $50,000.00 and less or equal to $99,999.99, the interest rate paid on the collected balance in your account will be 3.69% with an annual percentage yield of 3.75%.

If your daily balance is greater than $100,000.00, the interest rate paid on the collected balance in your
account will be 3.93% with an annual percentage yield of 4.00%.


DETERMINATION OF RATE

At our discretion, we may change the interest rate on your account.

FREQUENCY OF RATE CHANGE

We may change the interest rate on your account at any time.

LIMITATIONS ON RATE CHANGES

There are no maximum or minimum interest rate limits for this account.

COMPOUNDING AND CREDITING

Interest compounded monthly and credited to your account monthly.
 
MINIMUM BALANCE REQUIREMENTS

Minimum Balance of $100.00 to open this account.

BALANCE COMPUTATION METHOD

We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day. 

• Accrual on Noncash Deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
• Free HSA debit card
• Free online banking with Bill Pay option
• Free monthly statement
• Free 24-hour telephone banking
• Closing Account fee of $25.00
• Appropriate Iowa sales tax may apply
• Effective March 19, 2010. Please call for current rates.