DEPOSIT ACCOUNT FEATURES

Accounts closed between statement cycles will not receive accrued interest.

Transfers from savings accounts and money market accounts or to third parties by preauthorized, automatic or telephone transfer are limited to six per statement cycle.

Interest on non-cash deposits begins to accrue no later than the next business day after the deposit.

The interest rate and annual percentage yield may change at the Bank’s discretion as often as daily.

Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.

Earning credit is determined at the Bank’s discretion and may change at any time.

Fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means.

USA PATRIOT ACT

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to record information that identifies each person who opens an account.  When you open an account at Affiliated Bank, we will ask for your name, address, date of birth and other information that will allow us to identify you.

FUNDS AVAILABILITY

Our general policy is to allow you to withdraw funds deposited in your account on the first business day after the day we receive your deposit. Funds from electronic direct deposits will be available on the day we receive the deposit. In some cases, we may delay your ability to withdraw funds beyond the first business day. Then, the funds will generally be available by the second business day after the day of deposit.