Investor Gold Account - Limited check writing account for those who maintain $10,000 or more in a savings account that allows you to earn a certificate of deposit rate without having to select a specific maturity.

• Interest rates are determined monthly, for average collected balances of $10,000 and over, the interest rate is equal to the discount rate for the 26 week Treasury rate as of the last auction date of the previous month.
• If the average collected balance for the month is less than $10,000, the account earns interest at the current Savings Rate.
• Interest is compounded and credited monthly based on the average collected balance
• Itemized statement monthly
• Make six (6) pre-authorized withdrawals (including, but not limited to, withdrawals made by automated clearing house, telephone, or wire), no more than 3 of which may be made by check or similar order payable to a third party each calendar month. These limitations do not apply to withdrawals made through ATM's, over-the-counter, mail or messenger.
• Minimum to Open ==> $10,000.00
• Monthly Maintenance Fees
  • $15.00 monthly fee
  • $2,500 minimum daily balance to avoid monthly fee.
  • $5.00 charge per withdrawal in excess of 6 per month
    

Trust Sweep - A tri-party agency agreement, which moves funds to and from an interest bearing investment account set up in the Company's name with the Investment Agent.

• Is tied to the Company's general operating account
• A minimum collected balance is established as the threshold at which excess funds are swept to the account at the Investment Agent, or shortfalls are swept back to the account with the Bank
• Receive a monthly earnings credit for the average daily collected balance maintained in the Bank account (less the 10% reserve requirement), which is used to offset monthly charges. The earnings credit is based on a 13-week average of the 91 day Treasury Bill Rate.
• Earn a market rate of interest on swept funds (less Investment Agents fee). Funds are typically invested in Dreyfus Treasury Prime Cash Management Fund, an institutional mutual fund.
• Swept funds are held under fiduciary responsibility and are not subject to bank failure.
• The monthly Bank fee is charged against the Bank Account and is eligible for offset by the earnings credit
• Trust Sweep Fees
  • $100.00 monthly Bank fee
  • ½ of 1% or 50 basis points annual Investment Agent fee payable monthly against the fund

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