Republic Bank & Trust Company
Promotional Premium Money Market Account
Truth in Savings Disclosure Addendum
The Premium Money Market account applicant understands and agrees that the promotional Premium Money Market account interest rate being paid to you by Republic Bank & Trust Company (Republic) requires that you open or maintain a primary Republic personal checking account. This requirement is an addition to all other contractual requirements and serves as additional consideration to Republic for paying you the promotional Premium Money Market rate of interest.
To earn the promotional rate on a new Premium Money Market account, the applicant must meet the following qualifications and requirements:
- Applicant must not have a Republic Bank personal Money Market account at the time of opening the Premium Money Market account.
- Applicant must be a Tennessee resident.
- Premium Money Market must be opened with a minimum deposit of at least $5,000 in funds currently not held on deposit at Republic Bank
- Applicant must have an existing primary personal Republic personal checking account or open a new Republic Bank primary personal checking account and must conduct a combination of five (5) or more of the following transactions within any one of the first three statement cycles following the opening of the Premium Money Market account:
- Direct deposit – ACH credit transaction, such as a payroll or other automatic transfer into your account, is credited to your account during the statement cycle.
- Bill Pay – Bill Pay transaction is debited from your account during the statement cycle. Personal Internet Banking is required to use the Bill Pay Service.
- Point-of-Sale (POS) Debit – debit card point-of-sale transactions (excluding ATM transactions) are debited from your account during the statement cycle. POS transactions in a Pending status at the end of your statement cycle are not included.
- ACH Debit – ACH item is debited from your account during the statement cycle.
After the third statement cycle, if the primary personal checking account has not met the requirements, Republic Bank reserves the right to revert the interest rate and Annual Percentage Yield (APY) to the standard interest rate chart in effect at the time.
Interest rates are determined at the bank’s discretion and can change at any time.
8-2-24
Promotional Premium Money Market Account Disclosure
Today’s date is Tuesday, May 26, 2026
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 to require, at any time, not less than seven days notice in writing before any withdrawal from this interest bearing account. If your account is not already a MMDA, a portion of your account balance may be classified as an 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 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
The interest rate listed in each tier will be paid on the entire balance in your account.
NOTE: In this disclosure, Annual Percentage Yield is abbreviated as “APY”.
| Tiers | Interest Rate | APY* |
|---|---|---|
| $0 – $4,999.99 | 0.50% | 0.50% |
| $5,000 – $99,999.99 | 3.54% | 3.60% |
| $100,000 – $7,500,000 | 3.54% | 3.60% |
| $7,500,000.01+ | 0.75% | 0.75% |
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.
MINIMUM OPENING REQUIREMENTS
To open this account you must deposit at least $5,000.00 in funds currently not held on deposit at Republic Bank.
BALANCE COMPUTATION METHOD
We use the daily 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 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.
$ 4 Non Republic ATM Transactions
$10 Cashier’s Check Fee
$12 Return Deposit Fee
$36 Overdraft Fee (per check or in-person, ATM or electronic withdrawal)
$ 4 Paper Statement Fee (per statement)
$36 Returned Item Fee (per Item, per Return)
$36 Stop Payment Request
$ 8 Daily Overdraft Fee (per business day beginning on the 3rd consecutive business day)
Varies Check Printing Order (Fee Depends on Style of Check Ordered)
Your account will be considered DORMANT after 18 months of inactivity.
ADDITIONAL DISCLOSURE TERMS
A $10 fee will be imposed every statement cycle if the balance falls below $5,000 during that cycle.