The daily balance method applies a periodic rate to the full amount of principal in the account each day. The average daily balance method applies a periodic rate to the average balance in the account for the period. The average daily balance is calculated by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.
NOTICE OF CHECKING PRINTING CHARGES
Unless included in the fees described in the above account types, check printing charges will vary depending on the style and quantity of checks ordered.
