Rewards & R2 dividend calculation

Dividends are calculated off of the average daily balance in the account. If the account exceeds $20,000.00 then you will see a "Split Rate", this may make the rate appear lower than what the you are actually getting.

How we calculate Rewards & R2 Dividends

R2 checking

((19,999.99 x 0.0223) ÷ 365) x days in month

+

((Balance over 19.999.99 x 0.0015) ÷ 365) x days in month

Rewards checking

((19,999.99 x 0.0174) ÷ 365) x days in month

+

((Balance over 19.999.99 x 0.0015) ÷ 365) x days in month