Plateau Account

The Plateau Account is a variable rate account that combines settlement and cash management services. Depending on your cash position at the end of the day, your Plateau Account will either pay a dividend on a positive balance or advance a loan on a negative balance. Users can review detailed activity reports and advance settlement loans automatically. Also, dividends increase as deposits increase. As balances grow and the next plateau level is attained, the higher plateau rate is paid on the entire balance.

Plateau Account Rates and Calculations:

Dividend Rate: The dividend rate is declared by approximately 3:00pm CT each business day. The dividend rate for a non-business day is the same as the previous business day.

Dividend Payment: Dividends are paid and posted on the last business day of the month.

Interest Rate: The interest rate is declared by approximately 3:00pm CT each business day. The interest rate for a non-business day is the same as the previous business day.

Interest Payment: Interest on a settlement loan is collected automatically as funds are available.

Dividend Calculations: Dividends are calculated on an actual (365-day) basis.

Interest Calculations: Interest is calculated on an actual (365-day) basis.

Please contact our Investment Department to learn more about the Plateau Account.

QuantyPhi

Important Links

Contact Details

    6262 South Lowell Place, Muskego, WI 53150
    (800) 242-4747
    (414) 427-3700