Important Account Disclosures
6. Maintenance Fee Waiver – In order to avoid a monthly maintenance fee, the balance requirement must be met. The monthly maintenance fee amount is provided as part of the disclosures upon account opening. 6a. Minimum Balance: If your daily balance drops below the minimum balance requirement, then a monthly maintenance fee will be assessed. 6b. Combined Deposit Balance: The combined deposit balance is calculated on the day prior to the statement date for the following linked consumer accounts: Checking, Savings, Money Market, CD, and IRA. The primary owner of the checking account must be an owner on all linked accounts. 6c. Combined Loan Balance: The combined outstanding loan balance is calculated on the day prior to the statement date for the following personal loans: Auto, Credit Card, Credit Lines, Home Equity, and Installment loans. Mortgage loans are not included. All loans are subject to credit approval; terms and conditions apply. The primary owner of the checking account must be a borrower on all linked accounts. 6d: Direct Deposit: A direct deposit is an electronic credit to your account. Transfers from one account to another or deposits made at a banking center do not qualify as a direct deposit. All direct deposits made during the statement month are added together to determine the total direct deposit amount used to waive the monthly maintenance fee. 6e. A qualifying credit may include any of the following: ATM check or ACH direct deposit, an ATM transfer from your checking to the savings or banker- assisted transfer to the savings described above, and any book, preauthorized credit, or sweep transfer. 7. Excessive Savings or Money Market Withdrawals – There is a limit of six (6) withdrawals in a monthly statement cycle if the withdrawals are by check, debit card, or pre-authorized, made by telephone, or made by an online or mobile transfer of funds. If you make more than six limited withdrawals in a statement cycle, you may incur a fee for each excess withdrawal. However, you may make an unlimited number of withdrawals from your account in person, by ATM, or by mail. 8. Linked Account Benefit – Monthly service fees are waived when the primary owner of the checking account is also an owner on the linked account. 9. Premium Rate Tier – Premium rate tiers are applied automatically to linked money market or savings accounts, CDs, and IRA accounts when the primary owner of the checking account is also an owner of the linked interest bearing account. Please see Consumer Deposit Rate Sheet for details. 10. Credit Cards – Credit Cards are subject to credit approval. Terms, conditions, and restrictions apply; see banker for details. 10a. All debit and credit card purchase transaction counts are added together to waive the monthly maintenance fee. Debit and credit card purchases must post and clear your account in order to be counted for the monthly maintenance fee waiver, and must be made within the past 30 days of your statement cycle. Credit cards subject to credit approval.
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For additional applicable disclosures, please refer to pages 15 – 17
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