1 Account must maintain a minimum balance of $.01 to avoid account closure.
2 Electronic/Online statement provided through Online Banking each statement cycle. Clients must select the option to no longer receive paper account statements through U.S. mail. Online Banking is required to access paperless online statements.
At the Bank's discretion, rates and yields are subject to change without notice after the account is opened. Interest is calculated and compounded daily on the collected balance in your account and credited to your account quarterly. Fees may reduce earnings.
Withdrawal Transaction Limitations. Savings and Money Market Accounts are governed by Federal regulations, which limit the number of certain types of transactions. From your savings accounts, you are limited to six preauthorized, telephone, or on-line transfers to your other SunTrust Bank accounts or to third parties. Additionally, this limitation includes drafts or similar orders you make payable to a third party. The limitation applies per month. In determining when a transfer is made, Bank will use the date the transfer is paid. If you routinely exceed these withdrawal limitations on your Savings, the Bank may close the Account or convert the account to a checking account. The foregoing limitations do not apply to withdrawals made by you or transfers to other Accounts, which you have with us when these transfers are made by messenger, in person or through ATMs.