Disclosures & important info
This account features a tiered, variable-rate structure in which the amount of the balance within each tier earns interest at that tier’s rate. Balances between $0.01 and $25,000 will earn an Annual Percentage Yield (APY) of 0.11%; balances between $25,001 and $49,999 will earn an APY of 0.19%; and balances of $50,000 or more will earn the promotional APY of 4.05%, rate effective until 12/31/2025. Rates are subject to change at the discretion of the institution at any time after promotional period. Account opening is subject to credit approval. To qualify for the promotional rate, deposits must consist of “new money,” defined as funds not currently held at 1st Source Bank. This offer is available only at participating banking centers in the Indianapolis region and is not valid for business accounts. The promotional rate will be applied manually following account verification and confirmation.
The minimum opening deposit is $5,000. A $3 paper statement fee applies unless the account holder enrolls in electronic statements or maintains the minimum daily balance of $5,000. Accounts must maintain a minimum daily balance of $5,000 to avoid a monthly maintenance fee. These fees may reduce earnings on the account. Additional terms and conditions may apply. For complete details, contact your local banking center or call 1-800-513-2360.
*After the account has been open for 90 days, 1st Source Bank will reimburse fees charged for the use of non-1st Source ATMs up to four (4) times per 12-month period the account is open.