On all NVE Bank Savings Accounts:

Interest is compounded daily and credited monthly

Interest payments are rounded to the nearest cent. As a result, low balance accounts may not be paid interest

Variable interest rate on all savings account

Transfers are limited as by law*

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Checking & Savings Rates

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* Transfer/Withdrawal Limitations

The depositor is permitted or authorized to make no more than six transfers or withdrawals, or a combination of such transfers and withdrawals, per month to another account (including a transaction account) of the depositor at the same institution or to a third party by means of a pre-authorized or automatic transfer, or telephonic (including data transmission) agreement, order or instruction, or by check, draft, debit card, or similar order made by a depositor and payable to a third Party.

These limitations also apply to Online Banking Transfers but do not apply to any transactions conducted at an ATM machine or withdrawals made in person. If you exceed these transaction limitations the bank will notify you and you will be charged an excess transaction fee for each Transaction.

This may impact the operation of your accounts.