Common use of GOAL ACCOUNT Clause in Contracts

GOAL ACCOUNT. The Goal Account (“Goal Account”) consists of the interest-bearing account used to hold your deposits from your linked existing deposit account with the Bank and to make limited transfers. The Goal Account does not have the same features as other deposit accounts or your existing account; for example, there is no debit card connected to the Goal Account, no direct bill payment service, person-to-person transfer service, mobile deposit, paper checks, external transfers or book transfers initiated directly to other Bank customers from the Goal Account. A Goal Account cannot be used for overdraft protection on any other deposit account(s) including, without limitation, your existing account; money will not be transferred automatically from your Goal Account to any deposit account(s) to cover a transaction, should there be insufficient funds in any of your other deposit account(s). Unless otherwise stated, contents of this Agreement apply to your Goal Account. Goal Accounts require electronic statements; see Electronic Documents section. Current interest rates and fees associated with the Goal Account can be found at: xxx.xxxx.xxx/xxxxxxxx/xxxxxxxx-xxxxxxx-xxxxx and xxx.xxxx.xxx/xxxxx-xxxxxxx/xxxxxxxxxxx.