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 Republic Bank’s Telebanking center at 502-584-3600 or toll free, 1-888-584-3600. In Florida, please call 888-709-2500. 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. If your account is not already a MMDA, a portion of your account balance may be classified as a MMDA for regulatory purposes. This classification will not affect the terms, interest rate, or fees contained in this Disclosure.
Rate Information
The interest rate and annual percentage yield for our account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change at our discretion.
Rate Tiers That May Affect This Account
| Balance | Interest Rate | APY* |
| $0 - $9,999.99 | 0.02% | 0.02% |
| $10,000 - $24,999.99 | 0.02% | 0.02% |
| $25,000 - $49,999.99 | 0.02% | 0.02% |
| $50,000 - $99,999.99 | 0.05% | 0.05% |
| $100,000 - $249,999.99 | 0.05% | 0.05% |
| $250,000 - $999,999.99 | 0.05% | 0.05% |
| $1,000,000 and over | 0.05% | 0.05% |
Minimum Opening Deposit Requirements
To open this account you must deposit at least $1,000.00 or establish direct deposit.
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.
Balance Computation Method
We use the daily balance collected balance method to calculate interest on your account.
This method applies a daily periodic rate to the principal balance in the account each day.
Accrual of Interest 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).
Charges which may be applied to this account
$25 Account Closure Fee (open < 12 months)
$10 Account conversion fee
$2 Account inquiry
$2 ATM transaction at any PLUS (non-STAR)
$10 Cashier's check
$10 Chargeback
VAR check printing order (fee depends on Style of check ordered)
$1 Counter Check
$12.50 Dormant account fee (per month)
$2 Non-Republic ATM charge
$35 Overdraft fee (per check or in-person, ATM or withdrawal)
$6 Overdraft fee (per business day)
$5 Phone transfer
$35 Returned Item Charge (per item)
$35 Stop payment requested
After 36 months of inactivity your account will be classified as dormant and will be charged a monthly dormant fee if your account balance is less than $1,000.
Additional Disclosure Terms
Unlimited transactions in person at a banking center or an ATM. Limit of 6 other withdrawals or transfers per statement cycle ($20 for each > 6 per statement cycle).
A $10 fee will be imposed every statement cycle if the balance falls below $1,000 during that cycle.
On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013.
