Terms and Conditions of Your Account

AGREEMENT - This document, along with any other documents we give you pertaining to your account(s), is a contract that establishes rules which control your account(s) with us. Please read this carefully. If you sign the signature card or open or continue to have your account with us, you agree to these rules. You will receive a separate schedule of rates, qualifying balances, and fees if they are not included in this document. If you have any questions, please call us.

This agreement is subject to applicable federal laws and the laws of the state of California (except to the extent that this agreement can and does vary such rules or laws). The body of state and federal law that governs our relationship with you, however, is too large and complex to be reproduced here. The purpose of this document is to:

• summarize some laws that apply to common transactions;
• establish rules to cover transactions or events which the law does not regulate;
• establish rules for certain transactions or events which the law regulates but permits variation by agreement; and
• give you disclosures of some of our policies to which you may be entitled or in which you may be interested.

If any provision of this document is found to be unenforceable according to its terms, all remaining provisions will continue in full force and effect. We may permit some variations from our standard agreement, but we must agree to any variation in writing either on the signature card for your account or in some other document.

As used in this document the words “we,” “our,” and “us” mean the financial institution and the words “you” and “your” mean the account holder(s) and anyone else with the authority to deposit, withdraw, or exercise control over the funds in the account. The headings in this document are for convenience or reference only and will not govern the interpretation of the provisions. Unless it would be inconsistent to do so, words and phrases used in this document should be construed so the singular includes the plural and the plural includes the singular.

LIABILITY - You agree, for yourself (and the person or entity you represent if you sign as a representative of another) to the terms of this account and the schedule of charges. You authorize us to deduct these charges directly from the account balance as accrued. You will pay any additional reasonable charges for services you request which are not covered by this agreement.

Each of you also agrees to be jointly and severally (individually) liable for any account shortage resulting from charges or overdrafts, whether caused by you or another with access to this account. This liability is due immediately, and can be deducted directly from the account balance whenever sufficient funds are available. You have no right to defer payment of this liability, and you are liable regardless of whether you signed the item or benefited from the charge or overdraft. This includes liability for our costs to collect the deficit including, to the extent permitted by law, our reasonable attorneys’ fees.

DEPOSITS - We will give only provisional credit until collection is final for any items, other than cash, we accept for deposit (including items drawn “on us”). Actual credit for deposits of, or payable in, foreign currency will be at the exchange rate in effect on final collection in U.S. dollars. We are not responsible for transactions by mail or outside depository until we actually record them. We will treat and record all transactions received after our “daily cutoff time” on a business day we are open, or received on a day we are not open for business, as if initiated on the next following business day that we are open.

WITHDRAWALS - Unless clearly indicated otherwise on the account records, any of you, acting alone, who signs in the space designated for signatures on the signature card may withdraw or transfer all or any part of the account balance at any time. Each of you (until we receive written notice to the contrary) authorizes each other person signing the signature card to endorse any item payable to you or your order for deposit to this account or any other transaction with us. We may charge your account for a check even though payment was made before the date of the check, unless we have received written notice of the postdating in time to have a reasonable opportunity to act. We may refuse any withdrawal or transfer request which you attempt on forms not approved by us, by any method we do not specifically permit, which is greater in number than the frequency permitted, or which is for an amount greater or less than any withdrawal limitations. Even if we honor a nonconforming request, we may treat continued abuse of the stated limitations (if any) as your act of closing the account. We will use the date the transaction is completed by us (as opposed to the date you initiate it) to apply the frequency limitations. The fact that we may honor withdrawal requests that overdraw the available account balance does not obligate us to do so later. See the Funds Availability Policy Disclosure for information about when you can withdraw funds you deposit. For those accounts for which our Funds Availability Policy Disclosure does not apply, you can ask us when you make a deposit when those funds will be available for withdrawal.

We may require not less than 7 days’ notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.

OWNERSHIP OF ACCOUNT AND BENEFICIARY DESIGNATION - These rules apply to this account depending on the form of ownership and beneficiary designation, if any, specified on the account records. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. As used in this agreement “party” means a person who, by the terms of the account, has a present right, subject to request, to payment from a multiple-party account other than as an agent.

• Individual Account - is an account in the name of one person.
• Joint Account - This account or certificate is owned by the named parties.  Upon the death of any of them, ownership passes to the survivor(s).
• Joint Account of Husband and Wife with Right of Survivorship - This account or certificate is owned by the named parties, who are husband and wife, and is presumed to be their community property.  Upon the death of either of them, ownership passes to the survivor.
• Community Property Account of Husband and Wife - This account or certificate is the community property of the named parties who are husband and wife.  The ownership during lifetime and after death of a spouse is determined by the law applicable to community property generally and may be affected by a will.
• Tenancy in Common Account - This account or certificate is owned by the named parties as tenants in common.  Upon the death of any party, the ownership interest of that party passes to the named pay-on-death payee(s) of that party or, if none, to the estate of that party.
• P.O.D. Account with Single Party - This account or certificate is owned by the named party.  Upon the death of that party, ownership passes to the named pay-on-death payee(s).
• P.O.D. Account with Multiple Parties - This account or certificate is owned by the named parties.  Upon the death of any of them, ownership passes to the survivor(s).  Upon the death of all of them, ownership passes to the named pay-on-death payee(s).
• Totten Trust Account - (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries cannot withdraw unless: (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries, (2) change account types, and (3) withdraw all or part of the account funds at any time.
• Trust Account Subject to Separate Agreement - We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us.  Any additional consistent terms stated on this form will also apply.
• BUSINESS ACCOUNTS - Earnings in the form of interest, dividends, or credits will be paid only on collected funds, unless otherwise provided by law or our policy. We may require the governing body of the legal entity opening the account to give us a separate authorization telling us who is authorized to act on its behalf. We will honor the authorization until we actually receive written notice of a change from the governing body of the legal entity.

STOP PAYMENTS - You must make any stop payment order in the manner required by law and we must receive it in time to give us a reasonable opportunity to act on it before our stop payment cutoff time. To be effective, your stop payment order must precisely identify the number, date and amount of the item, and the payee.

You may stop payment on any item drawn on your account whether you sign the item or not, if you have an equal or greater right to withdraw from this account than the person who signed the item. A release of the stop payment request may be made only by the person who initiated the stop payment order.

Our stop payment cut-off time for processing in-branch or telephone requests is one hour after the opening of the next banking day after the banking day on which we receive the item. Our stop payment cut-off time for online banking requests is 6:00 p.m. on all business days. Additional limitations on our obligation to stop payment are provided by law (e.g., we paid the item in cash or we certified the item).

TELEPHONE TRANSFERS - A telephone transfer of funds from this account to another account with us, if otherwise arranged for or permitted, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. Unless a different limitation is disclosed in writing, we restrict the number of transfers from a savings account to another account or to third parties, to a maximum of six per month (less the number of “preauthorized transfers” during the month). Other account transfer restrictions may be described elsewhere.

AMENDMENTS AND TERMINATION - We may change any term of this agreement. Rules governing changes in interest rates are provided separately. For other changes, we will give you reasonable notice in writing or by any other method permitted by law. We may also close this account at any time upon reasonable notice to you and tender of the account balance personally or by mail. Notice from us to any one of you is notice to all of you.

STATEMENTS - You must examine your statement of account with “reasonable promptness.” If you discover (or reasonably should have discovered) any unauthorized signatures or alterations, you must promptly notify us of the relevant facts. As between you and us, if you fail to do either of these duties, you will have to either share the loss with us, or bear the loss entirely yourself (depending on whether we used ordinary care and, if not, whether we contributed to the loss). The loss could be not only with respect to items on the statement but other items with unauthorized signatures or alterations by the same wrongdoer.

You agree that the time you have to examine your statement and report to us will depend on the circumstances, but will not, in any circumstance, exceed a total of 60 days from when the statement is first sent or made available to you.

You further agree that if you fail to report any unauthorized signatures, alterations, forgeries, or any other errors in your account within 60 days of when we first send or make the statement available, you cannot assert a claim against us on any items in that statement, and as between you and us the loss will be entirely yours. This 60-day limitation is without regard to whether we used ordinary care. The limitation in this paragraph is in addition to that contained in the first paragraph of this section.

ACCOUNT TRANSFER - This account may not be transferred or assigned without our prior written consent.

DIRECT DEPOSITS - If, in connection with a direct deposit plan, we deposit any amount in an account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability.

TEMPORARY ACCOUNT AGREEMENT - If this option is selected, this is a temporary account agreement. Each person who signs in the space designated for signatures on the signature card (except as indicated to the contrary) may transact business on this account. However, we may at some time in the future restrict or prohibit further use of this account if you fail to comply with the requirements we have imposed within a reasonable time.

SETOFF - We may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt you owe us now or in the future, by any of you having the right of withdrawal, to the extent of such persons’ or legal entity’s right to withdraw. The amount of the setoff may be further limited by applicable law. If the debt arises from a note, “any due and payable debt” includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note.

This right of setoff does not apply to this account if: (a) it is an IRA or other tax-deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan (but this does not affect our rights under any consensual security interest), or (c) the debtor’s right of withdrawal only arises in a representative capacity. We will not be liable for the dishonor of any check when the dishonor occurs because we set off a debt against this account. You agree to hold us harmless from any claim arising as a result of our exercise of our right of setoff.

AUTHORIZED SIGNER (Individual Accounts only) - A single individual is the owner. The authorized signer is merely designated to conduct transactions on the owner’s behalf. We undertake no obligation to monitor transactions to determine that they are on the owner’s behalf.

RESTRICTIVE LEGENDS - We are not required to honor any restrictive legend on checks you write unless we have agreed in writing to the restriction. Examples of restrictive legends are “must be presented within 90 days” or “not valid for more than $1,000.00.”

PAYMENT ORDER OF ITEMS - The law permits us to pay items (such as checks or drafts) drawn on your account in any order. To assist you in handling your account with us, we are providing you with the following information regarding how we process the items that you write. When processing items drawn on your account, our policy is to pay them according to the dollar amount. We pay the largest items first. The order in which items are paid is important if there is not enough money in your account to pay all of the items that are presented. Our payment policy will cause your largest, and perhaps more important, items to be paid first (such as your rent or mortgage payment), but may increase the overdraft or NSF fees you have to pay if funds are not available to pay all of the items. If an item is presented without sufficient funds in your account to pay it, we may, at our discretion, pay the item (creating an overdraft) or return the item (NSF). The amounts of the overdraft and NSF fees are disclosed in the Services and Fees schedule given to you at the time of your account opening which are subject to change. We encourage you to make careful records and practice good account management. This will help you to avoid writing checks or drafts without sufficient funds and incurring the resulting fees.

ACH AND WIRE TRANSFERS - This agreement is subject to Article 4A of the Uniform Commercial Code - Fund Transfers as adopted in the state in which you have your account with us. If you originate a fund transfer for which Fedwire is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary financial institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. You agree to be bound by automated clearing house association rules. These rules provide, among other things, that payments made to you, or originated by you, are provisional until final settlement is made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A- 403(a) of the Uniform Commercial Code. If we do not receive such payment, we are entitled to a refund from you in the amount credited to your account and the party originating such payment will not be considered to have paid the amount so credited. If we receive a credit to an account you have with us by wire or ACH, we are not required to give you any notice of the payment order or credit.

The cut-off time for ACH transfers is 2:00 p.m. Pacific time each banking day.  The cut-off time for Wire transfers is 2:00 p.m., Pacific Time each banking day.

YOUR RESPONSIBILITIES REGARDING PINS AND PASSWORDS - You agree not to disclose or otherwise make any of your PINs or IDs available to anyone not authorized to sign on your accounts. Do not keep your PINs or IDs with or near your NetTeller or Bill Pay materials. For protection and security, memorize your PINs and IDs and destroy all written evidence of it.

PROCEDURES FOR LOST OR STOLEN PIN OR IDS OR FOR UNAUTHORIZED TRANSACTIONS AND YOUR LIABILITY - Tell the Bank AT ONCE if you believe your password or PIN has been lost or stolen or that someone has transferred or may transfer money from your account(s) without your permission. You should immediately call County Bank at (209) 725-7442/(877) 774-2265 for any NetTeller discrepancies or Metavante services at (866) 211-1502 to report any Bill Pay discrepancies.

• Please note that transactions initiated by someone to whom you have given your PIN or ID are not considered unauthorized transactions unless you have notified the Bank that transfers by the previously authorized person are no longer authorized and you follow the Bank’s instructions given at the time of your notification, which instructions may require you to change your ID and/or password.
• Telephoning the Bank is the best way of keeping your possible losses down. You could lose all the money in your account, plus your maximum overdraft line of credit (if applicable). If you tell the Bank within 2 business days, your loss will be no more than $50 if someone used your ID or PIN without your permission. If you do not tell the Bank within 2 business days after you learn of the loss or theft of your password or PIN and the Bank can prove the Bank could have stopped someone from using your password or PIN without your permission if you had told the Bank, you could lose as much as $500.
• If your statement shows transfers that you did not make, call the Bank at once. If you do not tell the Bank within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if the Bank can prove that the Bank could have stopped someone from taking the money if you had told the Bank in time.
• If a good reason (such as a long trip or a hospital stay) kept you from telling the Bank, the Bank may extend the time periods.

PROCEDURES FOR ERRORS OR QUESTIONS ABOUT YOUR ELECTRONIC TRANSFER - If you think your statement is wrong, an error has
occurred, or you need more information about an electronic funds transfer listed on your account statement, transaction receipt, or other
documentation, you should telephone or write to your branch as soon as you can.

• The Bank must hear from you no later than 60 days after the Bank sent the FIRST statement on which the problem or error appeared. You will need to tell the Bank:
  • Your name and account number.
  • Describe the error or transfer in question and explain, as clearly as you can, why you believe it is an error or why you need more information.
  • Tell the Bank the dollar amount of the suspected error, and approximately when the error took place. If you tell the Bank orally, the Bank may require that you send your complaint or question in writing to the Bank within 10 business days. The Bank will investigate your complaint and generally will complete the Bank’s investigation within 10 business days, and if an error has occurred will correct any error promptly. If the Bank needs more time, however, the Bank may take up to 45 days to investigate your complaint or question. If the Bank does this, you will have the use of the funds in question after the 10 business days, 20 days if new account. If the Bank asks you to put your complaint or question in writing and the Bank does not receive it within 10 business days, the Bank may not credit your account during the investigation. If the Bank decides that there was no error, the Bank will send you a written explanation within 3 business days after the Bank completes the Bank’s investigation. You may ask for copies of the documents that the Bank used in the Bank’s investigation. If you need more information about the Bank’s error-resolution procedures, call your local banking office.
• The Bank’s Liability for Failure to Complete and Electronic Funds Transfer - If the Bank does not complete a transaction to or from your account on time or in the correct amount according to the Bank’s agreement with you, the Bank will be liable for your losses or damages only to the extent provided by law. However, there are some exceptions.

  For example, the Bank will NOT be liable:

  • If, through no fault of the Bank, you do not have enough money in your account to make the transfer or complete the electronic transaction, or if the transaction would go over the credit limit of your overdraft line, if you have one.
  • If the funds in your account are subject to an uncollected funds hold, legal process or other claim, or encumbrance restricting transfers.
  • If circumstances beyond the Bank’s control (such as fire, flood, labor disputes, powers or computer failure) prevent the electronic transfer from being completed or made despite any reasonable precautions that the Bank has taken.
  • If your account has been closed.
  • If the Bank’s failure to complete the transaction is done to prevent the security of your account.
  • If the Service was not working properly, and you knew about the breakdown when you started the transaction.
  • If the Bank does not receive proper and timely instructions regarding the transaction.
  • If the transfer or payment information supplied to the Bank by you or by third parties is incorrect or incomplete.  These are only examples, there may be other exceptions.

CHANGE IN TERMS - The Bank reserves the right to change the terms and conditions of this Disclosure by sending a notice of the change to the last address shown on the Bank’s records at least 21 days before the effective date of the change. Such changes may include modifications to or elimination of terms stated in this Agreement or in any related material, such as the Bank’s schedule of fees and charges, and they may also include the addition of new terms. Please note that prior notice of any such change need not be given where an immediate change in terms is necessary to maintain the security of your account(s).

OTHER AGREEMENTS - Except as otherwise stated in this Disclosure, it does not alter or amend the terms or conditions of any other agreement you have with the Bank.

• Cancellation.  The Bank may cancel, modify or restrict the use of any EFT service or access upon proper notice.  The Bank’s action can be immediate if the Bank believes such action is necessary to protect the security of the Bank or of your accounts.  You may cancel any EFT service upon notice to the Bank, with or without cause.
• Severability.  If any part of this Disclosure is found to be unenforcable, the remaining portions of the Disclosure shall remain in full force and effect.
• California Law.  This Agreement and Disclosure will be governed by California and federal law.
• Notices.  Notices from the Bank may be given to you:
  • By mail addressed to the location then designated in the Bank’s records as your mailing address for your Primary Account. Unless the notice otherwise states, the notice will be effective on the day following its receipt.
  • By electronic mail addressed to the electronic mail address then designated as such in connection with the Service. Your PC is capable of printing and you agree to print all such mail as soon as it is received. Unless the notice otherwise states, the notice will be effective on the day after the Bank sends it.
  • By posting on our website, provided that we also notify you by e-mail that such a posting has occurred. Unless the notice otherwise states, the notice will be effective on the day after the Bank notifies you of its posting.
• Business Accounts.  If you are a business, or if your account is not primarily used for personal, family or household purposes, the limitations on liability described above, and the provisions regarding the Bank’s liability will not apply to you.

FICTICIOUS BUSINESS NAME ACCOUNTS - If the name in which the account is held is fictitious, each account holder represents that one or more of the account holders have the right to use that name and have fulfilled all legal requirements for using and/or doing business under that name.

SUB-ACCOUNTS - To better manage and reduce the size of the idle balances we must maintain with the Federal Reserve Bank to meet our reserve requirements, from time to time, we may transfer funds from your checking sub-account to a money market sub-account we may establish for you. Whenever there are insufficient funds in the checking sub-account to pay a check(s) or other item(s) presented for payment because money has been transferred from that sub-account to the money market sub-account, we will transfer enough of the funds back to the checking sub-account to cover the item(s). However, because the law does not permit more than six transfers of this type per monthly statement cycle, the sixth transfer during such a period would be for the full amount remaining in the money market sub-account, to assure that you have full access to all of the funds in both subaccounts for the remainder of the month despite the six per month transfer restriction. Your money market sub-account balance will be combined with the balance in your checking sub-account to determine the amount of interest payable on your account (if any) and whether you have maintained a sufficient balance to avoid a monthly service charge. No service charges will be incurred in connection with the transfers between your subaccounts. Your checking account statement will show a single balance which includes the amounts in both sub-accounts, and the interest for the month will also be a combined figure. Because the transfers between the sub-accounts will be performed by us for our own convenience and will not affect you in any way, those transfers will not appear on the statement.

COLLECTION ITEMS - We accept checks drawn in foreign currency on a collection basis only. We normally credit your account for these items only after we receive payment for them. But if we do credit your account and then we do not receive payment, we may debit your account. We charge fees for processing collection items. The fees apply even if the collection item is returned unpaid. For current fees, call the Customer Service telephone number on your statement or contact a County Bank office nearest you.

The financial institution on which the item is drawn may also charge you fees. If the other financial institution will process the collection item, we may pay the fee and charge your account. Otherwise, the other financial institution may subtract its fee from the amount of the payment we receive. These fees apply even if the item is returned to us unpaid. When another financial institution submits an item drawn on your account to us on a collection basis, we charge the other financial institution a fee.

OVERDRAFT PROTECTION - County Bank offers three types of overdraft protection or bounce privilege programs for which you may qualifiy, and which help customers avoid overdraft fees:  Optional Overdraft Privilege Service (OOPS), Savings Overdraft, and a County Cash Reserve Account. 

• OOPS.  For this account bounce privilege program, County Bank may approve your overdrawn items within your current available bounce privilege limit as a non-contractual courtesy.  For OOPS consideration, your account must be in good standing, which means you bring your account to a positive end-of-day balance at least once every 30 calendar days (including bank fees and charges), avoid excessive overdrafts, and have no legal orders, levies or liens against your account.  An overdraft fee plus a paid items overdraft fee will be charged for each item deducted from your overdraft limit.  If the item is returned, an NSF fee will be deducted from your account.  All fees are set forth in our Services and Fees schedule and are subject to chang.  The right of Setoff and Payment Order of Items, for your account bounce privilege program, are set forth in this booklet.  We may refuse to pay an overdraft for you at any time, although we may have previously paid overdrafts for you.  You may opt out of the account bounce privilege at any time, but you are responsible for any overdrawn balances a the time of opting out.  If you would like OOPS removed from your account, call County Bank at (209) 725-7300 or (800) 540-2265, or stop into your local bank branch.  County Bank reserves the right to limit participation based on account type and to limit the participation in the bounce privilege program to one per household.
• Savings Overdraft Protection.  Through this option, you authorize and instruct County Bank to automatically transfer sufficient funds from your designated account, either savings or checking, to use toward crediting a specified checking account to cover overdrafts. Funds transferred under this authorization will be subject to a savings overdraft fee. The amount of the savings overdraft fee is disclosed in the Services and Fees schedule given to you at the time of your account opening, which is subject to change.  After the transaction fee is accessed, funds will be advanced in increments of $25.00 or the amount necessary to cover the overdraft, whichever is greater. If the designated overdraft account does not have sufficient available funds on the date required to cover the overdraft savings fee, the item will be rejected for non-sufficient funds and our non-sufficient funds fee will apply. If the designated overdraft account is a personal savings account, then each transfer counts as one of the six limited transactions allowed each quarter on the account.
• County Cash Reserve (CCR) Account.  Upon credit approval, this revolving line of credit may be obtained to cover overdrafts that may occur on your personal checking account. You authorize and instruct the Bank to automatically make advances in increments of $100.00 from your line of credit to apply towards your checking account, up to your available credit limit, to avoid overdrafts. You may also make cash withdrawals from your CCR line of credit. An annual fee is charged to the CCR account. For the terms and conditions applicable to a CCR account, please refer to the CCR Agreement and Disclosure.

FINGERPRINTING - For the purpose of security and loss prevention, we may ask individuals who do not have a deposit relationship with the Bank to provide a fingerprint in order to cash a check. As an account holder, you agree that this is a reasonable identification practice and will not hold the Bank liable for not honoring your check for an individual who refuses our request for a fingerprint.

CHANGE IN ACCOUNT INFORMATION - As an account holder, you agree to notify us promptly of any changes that occur that may affect your account. These changes include but are not limited to a change in your name or identity, address, telephone number or authorized signers on your account.

CLOSING AN ACCOUNT - Unless otherwise specified, either the Bank or you may close your account at any time, without notice. If you choose to close your account, the service charges for the partial period of service may be prorated. These include monthly maintenance fees and any additional charges that may apply to your account. Per item charges will be assessed in full. If the account is closed within 90 days, an Early Closure Fee will be applied to your account.  The amount of the Early Closure Fee is disclosed in the Services and Fees schedule given to you at the time of your account opening, which is subject to change.

The Bank may decide to close your account if you do not meet the terms and conditions of your account or unsatisfactory account activity occurs. Under these circumstances the Bank may report the incident to a consumer reporting agency. Additionally, all accounts with a zero balance at end of day processing will automatically be closed. In the event that we close your account, all fees will be applied first, and then any remaining balance will be forwarded to you, using the last address as shown on our records.

If your account is closed, you are responsible for notifying any company or governmental agency, which may be depositing recurring payments or credits to your account. This is also true for any company or governmental agency which you have authorized to automatically debit your account. All payments or transfers received on your account after it has been closed will be returned to the issuing party. If your account is closed, the Bank is not responsible for dishonoring any item presented for payment.

Closing specific types of accounts, such as CDs and IRAs, may result in early withdrawal penalties. Please refer to your account agreement for specific information and fees regarding your account.