Esteem Checking Account Truth in Savings Disclosure
Interest Rate Information
- The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time. Please refer to the interest rate table for the current interest rate and annual percentage yield.
Compounding and Crediting of Interest
- Interest is compounded monthly and credited to your account.
- If you close your account before interest is credited, you will receive the accrued interest.
Accrual of Interest on Noncash Deposits
- Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Minimum Balance Requirements
- You must deposit $100 to open this account.
- You must maintain a minimum balance of $100 in your account each day to obtain the disclosed annual percentage yield.
Balance Computation Method
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Transaction Limitations
- You may make unlimited deposits into or withdrawals from your account each month.
Service Fees
The following fees may be assessed against your account:
| Stop Payments (per item) | $32.00 |
| *Overdrafts (per item paid or returned) | $40.00 |
| Deposit Item Chargeback (per item) | $10.00 |
| Research (per hour/minimum $30) | $30.00 |
| Escheat Processing | $100.00 |
| Dormant Account (per month after one year) | $5.00 |
| Early Account Closure (within 90 days of opening) | $20.00 |
| Overdraft Protection | Free |
| Foreign ATM Cash Withdrawals | $1.00 |
Free Esteem Checking custom checks for the life of the account relationship. Other check printing fees based upon style selected.
* The overdraft fee applies to overdrafts created by check, in person withdrawal, ATM withdrawal, or other electronic means as applicable.
Additional Acccount Information
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Unlimited check writing
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No minimum balance fees, transaction fees or monthly service fees
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Free Internet Banking
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Free Internet Bill Payment & Presentment
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Free Overdraft Protection
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Free Telephone Banking
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Free Official Checks
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Free Money Orders
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Free Travelers Checks
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Free Signature Guarantee(s)
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50% discount on safe deposit box annual rental, subject to availability and automatic payment deduction from the Esteem Checking Account.
Equal Housing Lender. Equal Opportunity Lender. Member FDIC.