Truth-in-Savings Disclosure
Fidelity State Bank & Trust Co.
Dodge City, Kansas
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Truth-in-Savings Disclosure
Fidelity State Bank & Trust Co. Dodge City, Kansas Thank you for using our Online Banking service. This disclosure provides information on the Bank's personal checking, saving, and money market accounts. For the purposes of this disclosure, the following definitions are applicable: Accrual of Interest on Non-Cash Deposits - When you deposit a non-cash item (for example, checks), interest, if applicable, begins to accrue no later than the business day we receive credit for the deposit. Deposited Items - Deposited items are checks and other items (excluding cash) deposited to your account. Balance Computation Method - We use the daily balance method to calculate the interest, if applicable, on your account. This method applies the daily periodic rate to the daily available balance. Current Balance - Current balance is the daily posted total of all cash, checks and other items deposited into your account, minus all withdrawals and checks paid against the account. Available Balance - Available balance is the current balance, as defined above, minus any checks or other items deposited into and provisionally posted to your account which have not yet been collected, as determined by our records. Average Available Balance - The average available balance, when applicable, is calculated by adding the available balance in the account for each day of the period and dividing the figure by the number of days in the period. Effect of Closing An Account - If you close your account before interest is credited, we will pay the accrued interest unless it is under $1.00 Ultima Checking Account
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. The current interest rate is .39 with an annual percentage yield (APY) of .39 for balances of $100,000.00 and over. The current interest rate is .36 with an annual percentage yield (APY) of .36 for balances of $50,000.00 to $99,999.99. The current interest rate is .35 with an annual percentage yield (APY) of .35 for balances of $2,500.00 to $49,999.99. The current interest rate is .25 with an annual percentage yield (APY) of .25 for balances under $2,499.99. Minimum Balance Requirements - A deposit of $100 is required to open this account. There is a monthly account maintenance fee of $12.00. This Monthly Account Maintenance Fee is waived if during the monthly statement cycle period you meet one of the following: 1) a minimum current balance of $1,500.00 or more, or 2) an average available balance of $3,000.00 or more. Balance Computation Method - We use the daily balance method to calculate the interest on this account. This method applies the daily periodic rate to the daily available balance. Compounding and Crediting - Interest is compounded monthly and credited on the monthly statement cycle date. Transaction Limitations - None. Withdrawals and transfers are unlimited, subject to any scheduled transaction fees and monthly account maintenance fees. The bank reserves the right to require a seven-day notice of withdrawal. Additional Fees or Charges - In addition to the monthly account maintenance fee, an inactivity fee of $5.00 per month will be charged on the account if there has not been a deposit (not to include interest that is compounded to the account) or a withdrawal from the account for 12 months and the account balance falls below $500.00. Check printing fees will vary by type of check ordered by you. Personal NOW Checking Account
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. The current interest rate is .31 with an annual percentage yield (APY) of .31 for balances of $2,500.00 and over. The current interest rate is .17 with an annual percentage yield (APY) of .17 for balances under $2,499.99. Minimum Balance Requirements - A deposit of $100 is required to open this account. There is a monthly account maintenance fee of $8.00. This Monthly Account Maintenance Fee is waived if during the monthly statement cycle period you meet one of the following: 1) a minimum current balance of $1,000.00 or more, or 2) an average available balance of $1,500.00 or more. Balance Computation Method - We use the daily balance method to calculate the interest on this account. This method applies the daily periodic rate to the daily available balance. Compounding and Crediting - Interest is compounded monthly and credited on the monthly statement cycle date. Transaction Limitations - None. Withdrawals and transfers are unlimited, subject to any scheduled transaction fees and monthly account maintenance fees. The bank reserves the right to require a seven-day notice of withdrawal. Excess Debit Item Fees - An account will be charged $.30 for each debit transaction (i.e., check, ATM, ACH) over 20 debit items per monthly statement cycle. This excess debit item fee will not apply to an account that has an average available balance of $1,500.00 or more during the monthly statement cycle period. Additional Fees or Charges - In addition to the monthly account maintenance fee, an inactivity fee of $5.00 per month will be charged on the account if there has not been a deposit (not to include interest that is compounded to the account) or a withdrawal from the account for 12 months and the account balance falls below $500.00. Check printing fees will vary by type of check ordered by you. Regular Checking Account
Minimum Balance Requirements - A deposit of $100 is required to open this account. There is a monthly account maintenance fee of $6.00. In addition to the monthly account maintenance fee, an account will be charged excess debit item fees of $.30 for each debit transaction (i.e., check, ATM, ACH) over 20 debit items per monthly statement cycle period. The Monthly Account Maintenance Fee and Excess Debit Item Fee(s) is waived if during the monthly statement cycle period you meet one of the following: 1) a minimum current balance of $500.00 or more, or 2) an average available balance of $1,000.00 or more, or 3) on the monthly statement cycle date, the account owner has either $10,000.00 or greater current combined balances (Savings Accounts, Money Market Accounts, and Certificates of Deposit), or $15,000.00 or greater Consumer Loan balances. Combined Balance Provision - The combined balance provision (above) for deposit and loan accounts requires that the account owner sign a written authorization that specifies which account relationships will be included in the combined balance provision and the combined account statement. Further, the combined balance provision for deposit and loan accounts is subject to the following restrictions:
Additional Fees or Charges - In addition to the monthly account maintenance fee, an inactivity fee of $5.00 per month will be charged on the account if there has not been a deposit (not to include interest that is compounded to the account) or a withdrawal from the account for 12 months and the account balance falls below $500.00 (account owners under 18 years of age will not be charged a monthly inactivity fee). Value Checking Account
Minimum Balance Requirements - A deposit of $100 is required to open this account. Age Requirements - Account owner must be under 30 years old. When an account owner reaches 30 years of age, the account will convert to a Thrifty Checking Plus checking account and be subject to the terms and provisions of such account. Please contact the bank for further information on this type of account. Monthly Account Maintenance Fee - None Additional Fees or Charges - An inactivity fee of $5.00 per month will be charged on the account if there has not been a deposit or a withdrawal from the account for 12 months and the account balance falls below $500.00. Statements - An account owner will receive a monthly statement listing all activity. The bank will retain all canceled items. Heritage Gold Checking Account
Minimum Balance Requirements - A deposit of $100 is required to open this account. There is a monthly account maintenance fee of $4.00, regardless of the balance in the account. Age Requirements - Account owner must be at least age 55 to be eligible. Withdrawals and Transfers - Unlimited, subject to any scheduled monthly account maintenance fees. Additional Fees or Charges - In addition to the monthly account maintenance fee, an inactivity fee of $5.00 per month will be charged on the account if there has not been a deposit or a withdrawal from the account for 12 months and the account balance falls below $500.00. Money Market Account
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. The current interest rate is .60 with an annual percentage yield (APY) of .60 for balances of $25,000.00 and over. The current interest rate is .55 with an annual percentage yield (APY) of .55 for balances of $10,000.00 to $24,999.99. The current interest rate is .42 with an annual percentage yield (APY) of .42 for balances of $2,500.00 to $9,999.99. The current interest rate is .30 with an annual percentage yield (APY) of .30 for balances under $2,499.99. Minimum Balance Requirements - A deposit of $100 is required to open this account. There is a monthly account maintenance fee of $10.00. This Monthly Account Maintenance Fee is waived if during the monthly statement cycle period you meet one of the following: 1) a minimum current balance of $1,000.00 or more, or 2) an average available balance of $2,500.00 or more. Balance Computation Method - We use the daily balance method to calculate the interest on this account. This method applies the daily periodic rate to the daily available balance. Compounding and Crediting - Interest is compounded monthly and credited on the monthly statement cycle date. Transaction Limitations - In accordance with Federal Regulations, savings accounts are limited to allow no more than six withdrawals per calendar month or statement cycle of at least four weeks for the purpose of pre-authorized, automatic, telephone transfers (to a third party or to another account of yours), check, draft, debit card or similar order payable to third parties. If monthly transactions exceed this legal limit, a charge of $10.00 will be imposed for each excess transaction and the account will be subject to closure pursuant to Federal regulations. There are no transaction limitations on the number of withdrawals from your account that you conduct in person with an authorized representative of the bank or through an ATM. The bank reserves the right to require a seven-day notice of withdrawal. Additional Fees or Charges - In addition to the monthly account maintenance fee, an inactivity fee of $5.00 per month will be charged on the account if there has not been a deposit (not to include interest that is compounded to the account) or a withdrawal from the account for 12 months and the account balance falls below $500.00. Check printing fees will vary by type of check ordered by you. Advantage Money Market Account
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. The current interest rate is .75 with an annual percentage yield (APY) of .75 for balances of $100,000.00 and over. The current interest rate is .70 with an annual percentage yield (APY) of .70 for balances of $50,000.00 to $99,999.99. The current interest rate is .65 with an annual percentage yield (APY) of .65 for balances of $10,00.00 to $49,999.99. The current interest rate is .30 with an annual percentage yield (APY) of .30 for balances under $9,999.99. Minimum Balance Requirements - A deposit of $100 is required to open this account. There is a monthly account maintenance fee of $12.00. This Monthly Account Maintenance Fee is waived if during the monthly statement cycle period you meet one of the following: 1) a minimum current balance of $10,000.00 or more, or 2) an average available balance of $15,000.00 or more. Balance Computation Method - We use the daily balance method to calculate the interest on this account. This method applies the daily periodic rate to the daily available balance. Compounding and Crediting - Interest is compounded monthly and credited on the monthly statement cycle date. Transaction Limitations - In accordance with Federal Regulations, savings accounts are limited to allow no more than six withdrawals per calendar month or statement cycle of at least four weeks for the purpose of pre-authorized, automatic, telephone transfers (to a third party or to another account of yours), check, draft, debit card or similar order payable to third parties. If monthly transactions exceed this legal limit, a charge of $10.00 will be imposed for each excess transaction and the account will be subject to closure pursuant to Federal regulations. There are no transaction limitations on the number of withdrawals from your account that you conduct in person with an authorized representative of the bank or through an ATM. The bank reserves the right to require a seven-day notice of withdrawal. Additional Fees or Charges - In addition to the monthly account maintenance fee, an inactivity fee of $5.00 per month will be charged on the account if there has not been a deposit (not to include interest that is compounded to the account) or a withdrawal from the account for 12 months and the account balance falls below $500.00. Check printing fees will vary by type of check ordered by you. Regular Savings Account
Rate Information - At our discretion, we may change the interest rate and annual percentage yield on this account at any time. The current interest rate is .30 with an annual percentage yield (APY) of .30 for accounts with a minimum daily balance of $300.00 and over ($1.00 for persons under 18 years of age). No interest is paid on accounts with a minimum daily balance of less than $300.00. Minimum Balance Requirements - A deposit of $100 is required to open this account. There is a monthly account maintenance fee of $3.00. This Monthly Account Maintenance Fee is waived if during the monthly statement cycle period you meet one of the following: 1) a minimum current balance of $300.00 or more, or 2) an average available balance of $1,000.00 or more, or 3) you are under 18 years of age. Balance Computation Method - We use the daily balance method to calculate the interest on this account. This method applies the daily periodic rate to the daily available balance. Compounding and Crediting - Interest is compounded monthly and credited on the last business day of the month. Transaction Fee - Unlimited deposits and three (3) withdrawals per month are allowed at no charge. The transaction fee for each withdrawal over this limit will be $1.00 per withdrawal or transfer. The $1.00 fee for each withdrawal over the monthly limit is waived if an average available balance of $2,500.00 or more is maintained in the account during the monthly statement cycle period. Transaction Limitations - In accordance with Federal Regulations, savings accounts are limited to allow no more than six withdrawals per calendar month or statement cycle of at least four weeks for the purpose of pre-authorized, automatic, telephone transfers (to a third party or to another account of yours), check, draft, debit card or similar order payable to third parties. If monthly transactions exceed this legal limit, a charge of $10.00 will be imposed for each excess transaction and the account will be subject to closure pursuant to Federal regulations. Additional Fees or Charges - In addition to the monthly account maintenance fee, an inactivity fee of $5.00 per month will be charged on the account if there has not been a deposit (not to include interest that is compounded to the account) or a withdrawal from the account for 12 months and the account balance falls below $500.00 (account owners under 18 years of age will not be charged a monthly inactivity fee). |