If you make a deposit before closing on a business day that we are open, we will consider that day to be the day of your deposit. Your consent is limited to your account, and as authorized by applicable law and regulations. Accounts not funded within 45 days of opening will be closed. Nor will it affect any other arbitration agreements between you and us, such as arbitration provisions in other contracts between you and us. To the extent permitted by law, you waive any notice of non-payment, dishonor or protest regarding any items credited to or charged against your account. For every $1 spent, you receive rewards that you can put back into your business. You may know that most banks have ATM withdrawal limits. Deposit limits exist, too, although they are less common. Capital One, for example, has a one-time cash deposit limit of $5,000. Some banks also set limits on how many bills (individual banknotes) you can deposit through an ATM. Minimum balance to open the account -You must deposit $10.00 to open this account. Create one here.Forgot User ID or Password? Our liability will be reduced by the amount you recover or are entitled to recover from these other sources. Notice of withdrawal -We reserve the right to require not less than 7 days notice in writing before each withdrawal from an interest-bearing account other than a time deposit or demand deposit, or from any other savings account as defined by Regulation D. (The law requires us to reserve this right, but it is not our general policy to use it.) A participating merchant can access that updated card information before requesting a payment. This means that if a second or subsequent request for payment is made, and at that time it again exceeds the available balance on your account, we may either pay or return the item and we may charge an additional Paid Item/Overdraft Fee or Return Item/Insufficient Funds Fee. Unless specifically stated in a separate agreement between you and us, we do not have to accept any other electronic or paper image of an original check. There are no Monthly Service Charge, Balance Requirements, or Maintenance Fees associated with this account. Our policy is to make funds from your cash and check deposits available to you on the first business day after the day we receive your deposit. Transaction limitations:You may only make in-person deposits into and withdrawals from your account subject to a hold as provided in the Security Agreement and Credit Card Agreement for your Foundation Card. We will also tell you when the funds will be available. Indorsements must be made in blue or black ink, so that they are readable by automated check processing equipment. 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. There is no Monthly Service Charge on this account. Maximum requests you can make per 30 days. We will not be liable, for instance: We will disclose information to third parties about your account or the transfers you make: (b) Contact in event of unauthorized transfer -If you believe your card and/or code has been lost or stolen, call or write us at the telephone number or address listed in this disclosure. Because we do not inspect each item, if you write a check to multiple payees, we can properly pay the check regardless of the number of indorsements unless you notify us in writing that the check requires multiple indorsements. Crediting frequency -Interest will be credited to your account every quarter. Account withdrawals are limited to Debit card and ATM transactions, ACH debit transactions, Online and Mobile Bill Pay, and Online or Mobile banking transfers. (4) Arbitration Procedure:The arbitration will be governed by the Consumer Arbitration Rules (AAA Rules) of the American Arbitration Association (AAA), as modified by this arbitration provision, and will be administered by the AAA. We process items mechanically by relying solely on the information encoded in magnetic ink along the bottom of the items. If an arbitration provision has been added for the first time to the agreement for an existing account, your Rejection Notice must be postmarked on or before the effective date of that amendment to that agreement. We may require that all account holders or authorized signers sign any instruction, check, item, or other withdrawal order even though the signature card for your account allows for one signature. Some activities may not cause your available balance to increase or decrease right away. One of these accounts is a transaction subaccount (e.g., a checking subaccount). Transaction limitations -Transactions presented against your account that involve a check (including written checks, check by phone or third-party authorizations that come through as a check) will not be honored regardless of the available balance. For those accounts to 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. Accrual of interest on noncash deposits -Interest begins to accrue on the business day you deposit noncash items (for example, checks). Before settlement of any item becomes final, we act only as your agent, regardless of the form of indorsement or lack of indorsement on the item and even though we provide you provisional credit for the item. You also warrant that any substitute check you create conforms to the legal requirements and generally accepted specifications for substitute checks. Simmons Bank does not provide, and is not responsible for, the web sites content or performance. For new accounts, we may take up to 20 business days to credit your account for the amount you think is in error. Errors relating to electronic fund transfers or substitute checksThis paragraph applies to consumer accounts only. 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. We must receive the notice in time for us to have a reasonable opportunity to act on it, and you must tell us the precise date of the check, amount, check number and payee. If we are served with a subpoena, restraining order, writ of attachment or execution, levy, garnishment, search warrant, or similar order relating to your account (termed legal action in this section), we will comply with that legal action. If we are required for any reason to reimburse the federal government for all or any portion of a benefit payment that was directly deposited into your account, 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. Nor does this arbitration agreement preclude either you or us from exercising self-help remedies (including setoff), and exercising such a remedy is not a waiver of the right to invoke arbitration of any dispute. Minimum balance to open the account -There is no minimum balance to open this account. Interest will be credited to your account every month. We may require the governing body of the entity opening the account to give us a separate authorization telling us who is authorized to act on its behalf. Withdrawal of interest prior to maturity -The annual percentage yield assumes interest will remain on deposit until maturity. In order to qualify for Relationship Premium A on your Coin Savings account for a particular statement cycle, you must have (i) at least one linked Coin Checking account (to be linked, a Coin Checking account must have the same primary account holder as the Coin Savings account) and (ii) made a combined minimum of 15 purchase transactions (atm and other cash withdrawal transactions are excluded) during the calendar month preceding the last day of your statement cycle using the Simmons Bank-issued debit card(s) connected to your linked Coin Checking account(s). If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days. No ATM Fees + show details Simmons Bank Student Simply Checking APY 0% Monthly Fee None Signup Bonus None No ATM Fees + show details Simmons If we reclassify your account, your account will be subject to the fees and earnings rules of the new account classification. You agree to pay all fees and charges applicable to the accounts and services we provide to you, including, but not limited to, those described in this agreement and in our Schedule of Fees and Charges. With VAU your account files will be updated when information changes because of a product upgrade, card expiration, loss or theft, account closure or other changes. Our forbearance from, or delay in, exercising any of our rights, remedies, or privileges under this agreement or applicable law shall not be construed to be a waiver of those rights, remedies, or privileges. Examples of restrictive legends placed on checks are must be presented within 90 days or not valid for more than $1,000.00. The payees signature accompanied by the words for deposit only is an example of a restrictive indorsement. Residential LED Lighting. Checks made payable to you and drawn on a bank within the United States can be deposited through Mobile Deposit. WebSimmons Bank ATMs. Rules for stopping payment of other types of transfers of funds, such as consumer electronic fund transfers, may be established by law or our policy. 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 will receive an email with details if your deposit is rejected. Accounts may be opened by a person acting in a fiduciary capacity. In these types of transactions the check or similar item is either removed from circulation (truncated) or given back to you. Any remaining balances in your Coin Savings account will be paid the Base Rate. It is your responsibility to satisfy any tax liability resulting from use of your HSA for any purpose other than payment or reimbursement of qualified medical expenses. If the automated teller machine where you are making the transfer does not have enough cash. Rules governing changes in interest rates are provided separately in the Truth-in-Savings disclosure or in another document. We may decide to pay an item even if the available balance of your account is already negative. Positive pay and other fraud prevention services -Except for consumer electronic fund transfers subject to Regulation E, you agree that if we offer you services appropriate for your account to help identify and limit fraud or other unauthorized transactions against your account, and you reject those services, you will be responsible for any fraudulent or unauthorized transactions which could have been prevented by the services we offered. In addition, we may place limitations on the account until your identity is verified. We may rely on the information in that confirmation unless you notify us immediately of any errors. Minimum balance to open the account -You must deposit between $300.00 to $5,000.00 to open this account. Items presented for payment after the account is closed may be dishonored, and we have no liability for such dishonor. A fiduciary is someone who is appointed to act on behalf of and for the benefit of another. Any Electronic Deposit received by Umpqua Bank after its 6:00 p.m. Pacific You give us this authority regardless of by whom or by what means the facsimile signature(s) may have been affixed so long as they resemble the facsimile signature specimen filed with us, and contain the required number of signatures for this purpose. There is NO monthly service charge, balance requirements or maintenance fees associated with this account. 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