Earnings Credit

Earnings Credit is generated by the eligible balance in a business advance, business premier, and REAL checking accounts. Earnings Credit will be used to reduce or eliminate banking service fees and charges as designated by the Bank. The Earnings Credit is calculated each month by applying the then current Earnings Credit rate on the average collected balance for that month on the eligible accounts. The Earnings Credit rate will be set from time to time by Abacus, at its sole discretion, and may be changed at any time without notice. The monthly average collected balance is the average daily balance for that month minus the average floats or holds for such month. The Earnings Credit rate will be applied to 100% of the monthly average collected balance. Earnings Credit owned by the same account holder (and which are linked together) will be totaled together and applied against the total of the fees, as designated by the Bank, on such Accounts, with any remaining fees charged against the business advance, business premier, and REAL checking accounts. Earnings Credit cannot be carried over from month-to-month and cannot be used for any purpose other than the reduction or elimination of the designated charges for that month.

See Account Fee Schedule for details if other fees apply.

^{1 Please refer to Business Banking Deposit Account Standard Fees and Charges Schedule for Cash counting fees.
2 The monthly maintenance service fee is waived for the first two statement cycles to allow you to meet your account requirements. After the first two statement cycles, the monthly maintenance service fee is waived if the requirements are met.
3 This promotion cannot be combined with any other Abacus closing credit promotions.
4 Free Small Safe Deposit Box is based upon availability, and limited to one (1) per customer only. This offer can be changed any time.
5 Your mobile carrier's message and data rates may apply.
6 We may charge an International service fee equal to 1% of the amount of the transaction when you use your debit card for any international transaction. An international transaction arises when you purchase goods from a vendor that is located outside of the U.S. or if you use an ATM that is located outside of the U.S. This includes transactions done on the internet when the vendor is located outside of the U.S. This fee applies regardless of whether the transaction is paid for in U.S. currency. The exchange rate into U.S. currency will be the MasterCard rate in effect on the date of the transaction.
7 Abacus Bank does not charge fee when you use your Debit Card on another ATM that is owned by another Institution. However, you may also be charged a surcharge fee by the Institution that owns the terminal or network including balance inquiries.}