Truth-in-Savings Disclosure — Initio Treasury

This disclosure is provided pursuant to the Truth-in-Savings Act (12 U.S.C. §4301) and Regulation DD (12 CFR §1030) for Initio Treasury demand deposit accounts held at Column N.A.

Rate information

The Annual Percentage Yield ("APY") and interest rate are variable and may change at any time at our discretion and without prior notice. The APY assumes interest remains on deposit for a full year. Current rates are posted on the Pricing page and become effective on the date stated there.

APY as of June 1, 2026 is variable and disclosed on the Pricing page. The APY shown is calculated as of the effective date and reflects the rate paid on collected balances; pending and locked balances do not accrue interest.

Compounding and crediting

Interest is compounded daily on collected balances and credited monthly on the first business day of the following month.

Balance calculation method

We use the daily balance method to calculate interest. This method applies a daily periodic rate to the collected balance in the Account each day.

Minimum balance and opening deposit

There is no minimum balance to open or maintain a Starter Account. Scale Account features require an active $250/month subscription; there is no minimum collected balance requirement.

Fees

Account maintenance: $0 (Starter); included in Scale subscription
Domestic ACH (in/out): $0
Domestic wire (out): $0 on Scale; $15 on Starter
International wire (out): $25
Returned item / NSF: $0 (we do not charge overdraft fees)
Cashier's check: $5 each

Transaction limitations

Business demand deposit accounts have no statutory transfer limits. Initio may apply program-level velocity limits as part of our risk and BSA/AML program; current limits are shown in your dashboard.