First Business®

Your Success Comes First.

Truth in Savings for Personal NOW and Checking Accounts


All Personal NOW and Checking accounts are subject to the following terms and conditions.

For rate information, please call (262) 792-1400.

This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

We reserve the right to require not less than 7 days notice in writing before any withdrawal from an interest bearing account.

VARIABLE RATE

The interest rate and annual percentage yield for your account depends upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change.

FREQUENCY OF RATE CHANGE

We may change the interest on your account daily.

COMPOUNDING AND CREDITING

Frequency - Interest will be compounded monthly. Interest will be credited monthly to your account.
Effect of closing an account - If you close your account before interest is credited, you will receive the accrued interest.

BALANCE COMPUTATION METHOD

Daily Balance Method. We use the daily balance method to calculate the interest on your account. The method applies a daily periodic rate to the balance in the account each day.

ACCRUAL OF INTEREST ON NONCASH DEPOSITS

Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks) into your account.

DEPOSIT LIMITATION

You may make an unlimited number of deposits into your account.

ADDITIONAL TERMS

If this account has no activity within 90 days of the open date, it may be closed by First Business Bank. If your account is jointly owned, we may pay all amounts in the account in satisfaction of a levy, garnishment or court order, even if it attaches to the interests of fewer than all of the account holders.

MINIMUM BALANCE REQUIREMENTS

A minimum balance fee of $15 will be imposed every month if the average daily balance in the account falls below $1000 for Personal Checking and Personal NOW accounts. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.

DISCLOSURE TERMS

It is the policy of First Business Bank that all deposited items returned for insufficient funds, uncollected funds, or endorsement missing upon first presentment will automatically be re-deposited. All other return items will be charged against your account and mailed to you. If you are in need of special services for your return items, please contact Client Services.

Additionally, you agree that any item you deposit or cash that is returned to us by the bank on which it was drawn unpaid may be charged against any account you have with us, regardless whether the other bank returned the item before its midnight deadline.

If an item deposited in your account has been paid by the bank on which it is drawn and that bank later returns that item to us claiming that it was altered, forged, unauthorized, over-encoded or should not have been paid for any other reason, we may withhold that amount of the item from your account until that claim is finally resolved.

FEES - The following charges may be assessed against your Personal NOW and Checking account:

$15.00 Maintenance fee on Personal NOW and Checking account if average daily balance is <$1000
Debits >30: $0.50 per item
$40.00 Overdraft/Item
$40.00 Item Returned Unpaid/Item
$25.00 Stop Payment/Request
$25.00 Stop Payment Renewal/Request
$20.00 Stop Payment/Internet
$75.00 Garnishes/Per Action
$75.00 Levies/Per Action
$75.00 Other Legal Actions
$30.00 Account Research/Per hour-minimum $30.00
$30.00 Account Balancing Assistance/Per Hour
$15.00 Domestic Wire Transfers/Per Outgoing Transfer
$25.00 Foreign Wire Transfers/Per Outgoing Transfer
$25.00 Audit Verifications/Per Request
$12.00 Incoming Wire Transfers/Both Domestic and Foreign
$8.00 Redeposited item/First Time
$8.00 Redeposited item/Second Time-Charged Back
$5.00 Replacement PULSE/Debit Card/Includes PIN Reissue
$5.00 Replacement Statement/Each
$20.00 Special Check Collection/Per Item
$75.00 Purchase of Securities/Per Transaction
$0 Internet Banking / Consumer Product-Per Month
$10.00 Canadian Discount/Canadian Checks
$5.00 Lost Document Affidavit/Original Document Lost
$5.00 Checks Returned with statement/Month
$20.00 Foreign Drafts
$5.00 Special Statement
$10.00 Telephone Transfers > 2/month
Check printing fee depends upon style of check ordered.