Our Deposit Account Agreement is being updated with the following new items and/or changes:
Funds Availability - please see this section for updates
Debit Card Limits & Settlement – added this verbiage: Third-party generated card transactions (e.g. Cash App®) will generally post to your account within several business days after the transaction, but because such transactions are subject to network settlement rules and the submission by sender’s third-party platform, these transactions may take longer to post. This may delay availability of funds.
Instant Payments – defines Instant Payments and provides details about this type of transaction
Fee Schedule – two changes are being made to this schedule:
Foreign Currency – increasing from $15 to $35 per order
Safe Deposit Box Drill Fee – increasing from $250 to $300
If you have any questions regarding these updates, please contact us at 770.567.7211.