Terms & Conditions of Your Account
Regular Checking Account
Peoples Choice Club Account
Value Checking Account
Passbook Savings Accounts
Money Market Account
People Choice Club Financial Benefits
People Choice Club Lifestyle Benefits
People Choice Club Interest Benefits
NOTICE OF ATM/NIGHT DEPOSIT FACILITY USER PRECAUTIONS
ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES; YOUR ABILITY TO WITHDRAW FUNDS
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.
Minimum balance to open - The minimum balance required to
open this account is $250.00
Basic Plan ($10,000.00 AD&D and $20,000.00 Common Carrier Coverage) .......$11.00
Personal Plan($20,000.00 AD&D and $40,000.00 Common Carrier Coverage) ..$12.00
Family Plan($30,000.00 AD&D and $60,000.00 Common Carrier Coverage for member, $1,500.00 AD&D and $3,000.00 Common Carrier Coverage for each dependent child).......$13.00
Please refer to the separate Peoples Choice Account brochure for additional benefits with this account.
If 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.
*(Direct Deposit of Salary, Pension or Social Security Required)
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.
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 monthly. 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.
Accrual of interest on noncash deposits -Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Deposit limitations -You may make an unlimited number of deposits into your account.
Barbers Hill Bank