Republic Bank

This disclosure contains the rules, which govern your deposit account. The interest rate and annual percentage yield stated below are accurate as of the date printed above. If you would like more current rate and yield information, please call us at 502-584-3600 or toll free, 1-888-584-3600.

We reserve the right at any time to require not less than seven days notice in writing before any withdrawal from any interest bearing account.

RATE INFORMATION

The interest rate and APY for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change at our discretion. Rates may change at any time.

Rate tiers that may affect this account

NOTE: In this disclosure, Annual Percentage Yield is abbreviated as “APY”.

COMPOUNDING AND CREDITING

Interest will be compounded and credited to your account monthly. If you close your account before interest is credited, you will receive the accrued interest. Interest will accrue daily on the entire balance only if the current balance in the account is at least $100 that day.

MINIMUM OPENING REQUIREMENTS

To open this account you must deposit at least $10.00.

BALANCE COMPUTATION METHOD

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

ACCRUAL ON NON-CASH DEPOSITS

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

FEES AND CHARGES

CHARGES WHICH MAY BE APPLIED TO THIS ACCOUNT

$10      Cashier’s Check
$12      Return Deposit Fee
$4        Non Republic ATM Transactions  
$4        Monthly Paper Statement Fee   
Varies  Withdrawal/Deposit Ticket Order

Your account will be considered DORMANT after 18 months of inactivity.