Checking Accounts
TRUTH-IN-SAVINGS DISCLOSURE
REGULAR CHECKING ACCOUNT
Unlimited check writing. Minimum balance to open the account - You must deposit $250.00 to open this account.
Minimum balance to avoid imposition of fees - If your balance falls below $500.00 on any day in the monthly statement cycle we will impose a service charge fee of $9.00 once during a statement cycle. If you maintain at least $500.00 in your account every day of the month, no service charge will be assessed.
PEOPLES CHOICE CLUB ACCOUNT
No minimum balance required. Unlimited check writing.
Fees - A club service charge fee will be charged to this account each statement cycle depending on the amount of Accidental Death & Dismemberment and Common Carrier insurance coverage obtained.
Basic Plan ($10,000 AD&D and $20,000 Common Carrier Coverage) .......$11.00
Personal Plan ($20,000 AD&D and $40,000 Common Carrier Coverage) ..$12.00
Family Plan ($30,000.00 AD&D and $60,000 Common Carrier Coverage for member, $1,500 AD&D and $3,000 Common Carrier Coverage for each dependent child).......$13.00
Please refer to the separate Peoples Choice Account brochure for additional benefits with this account.
A Sweep Checking Account is requested by the customer and is utilized
to automatically transfer funds into an account that would otherwise be
in an overdrawn position. A minimum of $500.00 will be
automatically transferred and a fee of $25.00 will be assessed with each
sweep. In order to open a Sweep Checking Account, you must be a
Peoples Choice Account holder.
VALUE CHECKING ACCOUNT
*(Direct Deposit of Salary, Pension or Social Security Required)
Minimum balance to open the account – You must deposit $150.00 to open this account.
Additional Benefits:
Free Secure Internet Banking – www.anbank.net – www.bhbank.net – www.eastccbank.net
Free 24-hour Telephone Information Line – 409-267-INFO (4636) or 866-526-FACT (3228)
Visa Debit Card
Free monthly check imaged statement
No minimum daily balance to maintain
No ATM fees for cash transactions at Anahuac National Bank, Barbers Hill Bank or
East Chambers County Bank
Free Notary Service
Free printed checks provided by bank
Low – Cost Internet BillPay Service
**No Service Charge
*Direct deposit must arrive within 45 days of opening or the account will convert to a DDA Regular Check Account
**Limit of 10 paper checks per month; exceeding limit will result in a $10.00 service charge.
Remember, utilizing the online BillPay Service should greatly reduce the need for paper checks.
NOW ACCOUNT
Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded every day. Interest will be credited to your account every month.
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance to open the account - You must deposit $2,000.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $9.00 will be imposed every statement cycle if the balance in the account falls below $2,000.00 any day of the cycle.
Average daily balance computation method - We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
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PEOPLES CHOICE CLUB NOW ACCOUNT
Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded every day. Interest will be credited to your account every month.
Minimum balance to open the account - You must deposit $2,000.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $9.00 will be imposed every statement cycle if the balance in the account falls below $2,000.00 any day of the cycle.
Average daily balance computation method - We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Fees - A club service charge fee will be charged to this account each statement cycle depending on the amount of Accidental Death & Dismemberment and Common Carrier insurance coverage obtained.
Basic Plan ($10,000 AD&D and $20,000 Common Carrier Coverage) .........$5.50
Personal Plan ($20,000 AD&D and $40,000 Common Carrier Coverage)....$6.50
Family Plan ($30,000.00 AD&D and 860,000 Common Carrier Coverage
- for member, $1,500 AD&D and $3,000 Common Carrier Coverage
- for each dependent child) .........................................................................$7.50
*Please refer to the separate Peoples Choice Account brochure for additional benefits with this account.
Effect of closing an account - If you close your account before
interest is credited, you will not receive the accrued interest.
A Sweep Checking Account is requested by the customer and is utilized
to automatically transfer funds into an account that would otherwise be
in an overdrawn position. A minimum of $500.00 will be
automatically transferred and a fee of $25.00 will be assessed with each
sweep. In order to open a Sweep Checking Account, you must be a
Peoples Choice Account holder.
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PREFERRED CHECKING ACCOUNT
Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded every day. Interest will be credited to your account every month.
Minimum balance to open the account - You must deposit $2,500.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $9.50 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
Average daily balance computation method - We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Effect of closing an account - If you close your account before
interest is credited, you will not receive the accrued interest.
We may require not less than 7 days’ notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.
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Barbers Hill Banking Center
a Branch of Anahuac National Bank
11402 Eagle Drive
P.O. Box 2155, Mont Belvieu, Texas 77580
Phone: 281-385-6455 Fax 281-385-6477
Toll Free: 866-526-3273 (EASE)
24HR Toll Free: 866-526-3228 (FACT)
www.bhbank.net |
Checking Accounts
