Treasury Accounts

When is Treasury Account Interest Applied?

Treasury Account Interest disbursements occur on the 5th business day of each month. (Please note that this can be the 6th or 7th of the month depending on weekends or holidays)

 Interest is calculated based on the average monthly balance. Each day's ending balance is what is used to calculate that average monthly balance. Interest will accrue daily and will be posted to your account on a monthly basis based on a 30/365 day convention. The minimum average monthly balance in your Treasury Management Account required to earn interest is $25,000.00.

Treasury Account statements will be released by the 5th of each month, at the end of the business day EST, in order to reflect that month's interest credit.

If you would like to view your statements, you can follow this article.