Other important Disclosures
1. Online Bill Pay is $5.95 a month. Fee is waived if enrolled in e-statements.
2. Overdraft Protection has a fee of $10 per use.
Limit one account per SSN.
The minimum balance to open this account is $100. Deposit limitations - You may make an unlimited number of deposits into your account. When monthly qualifications are met during a Monthly Qualification Cycle, you will receive 2.5% cash back on all debit card purchases that post to and settle to the account during that cycle period up to a total cash back of $7.50 per monthly qualification cycle, as well as reimbursements up to $15 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented for reimbursement of ATM fees of $5.00 or higher. If you believe that you have not been reimbursed the correct amount of ATM fees you must contact us within 30 calendar days after the statement cycle where the reimbursement was applicable in order to receive a refund. Enrollment in electronic services (e.g. online banking, electronic statements) are required to meet some of this account’s qualifications. Please contact a Teutopolis State Bank service representative for additional information, details and enrollment instructions. Transactions and activities MUST post and settle to your account during each Monthly Qualification Cycle and may take one or more banking days from the date transaction or activity occurred to post and settle to an account. "Banking Day" means any business day on which an office of the bank is open to the public for the purpose of carrying out substantially all of its banking functions. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts and debit-card transactions processed by merchants and received by Teutopolis State Bank as ATM transactions. Monthly Qualification Cycle and Monthly Statement Cycle Explanation: "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. "Statement Cycle" means the period of time for which Teutopolis State Bank provides a summary of the financial activities and transactions that post and settle to the account holder’s account. When Kasasa Cash Back qualifications are not met, you will not receive cash back on debit card purchases and ATM fees are not refunded. Crediting frequency – Cash Back payments and ATM refunds will be credited to the account on the last day of the statement cycle. Effect of closing account – If you close your account, you will not receive the rewards that have not been credited to your account. Rates and rewards may change after account is opened. Fees may reduce earnings. No minimum balance is required to obtain the account’s rewards. Monthly ACH debit and receipt of electronic statements are conditions of this account. This account is not to be used for commercial purposes and there is a limit of one account per social security number. There are no fees to open or close this account. There are no recurring monthly service charges associated with this account.
The USA PATRIOT Act has paved the way for financial institutions to help prevent fraud, identity theft, and the spread of terrorism. It requires financial institutions to obtain more information from an individual or legal entity to help establish identity.
Your cooperation is needed when you open a new account or request a loan. You may be asked more questions to establish and confirm your identity. It may also be required for you to provide one or more forms of identification.