Common use of Accounts Determined Inactive Clause in Contracts

Accounts Determined Inactive. If the amount of funds in an account falls below the minimum balance required by the “Our Rates & Service Charges” disclosure of the MSA, and you are not using specific products or services, we may consider an account inactive (may also be referred to as “dormant”). If an account you have with us is inactive, we may require a service charge (and may require a service charge to notify you of any inactivity). We require service charges on inactive accounts because of the cost incurred by the members in manag- ing accounts not being used by a member (who is also not using products or services that would otherwise justify this cost). We will discontinue the service charges once you meet the balance or product or service use requirements. We may also terminate an inactive account and deposit the funds in another account, mail a check to you at an address in our records, or if allowed remit the funds to a state as unclaimed property.

Accounts Determined Inactive. If the amount of funds in an account falls below the minimum balance bal- ance required by the “Our Rates & Service ChargesRate and Fee Disclosure” disclosure of the MSA, and you are not using specific products or services, we may consider an account inactive (may also be referred to as “dormant”)inactive. If an account you have with us is inactive, we may require a service charge you an inactivity fee (and may require charge you a service charge fee to notify you of any inactivity). We require service charges charge fees on inactive accounts because of the cost incurred by the members in manag- ing accounts managing ac- counts that are not being used by a member (who is also not using us- ing products or services that would otherwise justify this cost). We will discontinue the service charges fee once you meet the balance or product or service use requirements. We may also terminate an inactive account and deposit the funds in another account, mail a check to you at an address in our records, or if allowed remit the funds to a state as unclaimed property.

Accounts Determined Inactive. ‌ If the amount of funds in an account falls below the minimum balance bal- ance required by the “Our Rates & Service Charges” disclosure of the MSA, and you are not using specific products or services, we may consider an account inactive (may also be referred to as “dormant”)inactive. If an account you have with us is inactivein- active, we may require a service charge (and may require a service charge to notify you of any inactivity). We require service charges on inactive accounts because of the cost incurred by the members in manag- ing managing accounts that are not being used by a member (who is also not using products or services that would otherwise justify this cost). We will discontinue the service charges once you meet the balance or product or service use requirements. We may also terminate an inactive account and deposit the funds in another account, mail a check to you at an address in our records, or if allowed remit the funds to a state as unclaimed property.

Accounts Determined Inactive. ‌ If the amount of funds in an account falls below the minimum balance required by the “Our Rates & Service Charges” disclosure of the MSA, and you are not using specific products or services, we may consider an account inactive (may also be referred to as “dormant”)inactive. If an account you have with us is inactive, we may require a service charge (and may require a service charge to notify you of any inactivity). We require service charges on inactive accounts because of the cost incurred by the members in manag- ing managing accounts that are not being used by a member (who is also not using products or services that would otherwise justify this cost). We will discontinue the service charges once you meet the balance or product or service prod- uct use requirements. We may also terminate an inactive account and deposit the funds in another account, mail a check to you at an address in our records, or if allowed remit the funds to a state as unclaimed property.