Phone: (512) 671-2265

Student NetAdvantage Checking

Summary

Earn 0.75% APY* on our Student NetAdvantage Account. No minimum balance. No monthly service charge.

Minimum deposit of $100.00 required to open account
No monthly minimum balance to maintain
No monthly service charge
Free ATMs with all required activity with the exception of Direct Deposit

* Annual Percentage Yield

Rate Information

The interest rate and annual percentage yield on your account is 1.00% Your interest rate and annual percentage yield may change.

Determination of Rate

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

Frequency of Rate Changes

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
0.05% APY* will be paid on balances each month the minimum monthly activity is not met

Compounding and Crediting

Interest is compounded and credited to your account monthly. If you close your account before interest is credited, you will not be paid the accrued interest.

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 principal in the account each day. The daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the balance on which interest is paid.

Accrual On NonCash Deposits

Interest begins to accrue no later than the day we receive credit for the deposit of non-cash items (for example, checks).

* Annual Percentage Yield

Eligibility

Minimum monthly activity required:

(4) Visa debit card POS (Point of Sale) transactions (excluding ATM transactions)
Receive monthly statement electronically
Provide a valid email address
Monthly direct deposit of payroll or government benefit

Available to personal accounts only

Required monthly activity will be considered from the 2nd of each month through the 1st of the following month. A reduced interest rate will be paid on the account if the minimum monthly activity is not performed (See Rate Information) and after 3 consecutive months the account will be converted to a Free Checking with electronic statement delivery.