Common use of Deposit Account Agreement Clause in Contracts

Deposit Account Agreement. This Deposit Account Agreement governs all deposit accounts with Fidelity Bank and supersedes any previous Deposit Account Agreements. In this agreement, “Bank,” “we,” “our,” or “us,” refer to Fidelity Bank, and “depositor,” “owner,” “co-owner,” “you,” or “your,” refer to the person or persons whose name or names appear on the signature card as account owner or owners. When you open or maintain a deposit account with us, you are agreeing to the terms of this Agreement. It is a legally binding contract. Your use of any deposit account will constitute your acceptance of the terms of this Agreement. An account is not opened or valid until we receive all documents, properly completed and signed, which are necessary to open the account and the initial deposit in cash or collectible funds.