Common use of Inactive Account Clause in Contracts

Inactive Account. An Inactive Account is an Account that has not had a deposit orwithdrawal, or a signed and returnedAccount InactivityForm in aspecifictimeframe(outlinedbelow). See the Fee Schedule for the Inactive Account Fee that will be assessed to your Account if it is deemed an Inactive Account. Inactivity Timeframes: • Demand Deposit Accounts – 1 year • Savings Accounts – 1 year • Official Bank Checks or Money Orders– 1 year Ifyou re-activateyourAccount, we will not reimburseyouforanyfeesand we arenot liableto youfor anyinterest that would otherwise have accrued inyourAccount.

Inactive Account. An Inactive Account is an Account that has not had a deposit orwithdrawal, or a signed and returnedAccount InactivityForm in aspecifictimeframe(outlinedbelow). See the Fee Schedule for the Inactive Account Fee that will be assessed to your Account if it is deemed an Inactive Account. Inactivity Timeframes: • Demand Deposit Accounts Accounts– 1 year • Savings Accounts – 1 year • Official Bank Checks or Money Orders– 1 year Ifyou re-activateyourAccount, we will not reimburseyouforanyfeesand notreimburseyouforanyfeesand we arenot liableto youfor you for anyinterest that would thatwould otherwise have accrued inyourAccount.

Inactive Account. An Inactive Account is an Account that has not had a deposit orwithdrawalor withdrawal, or a signed and returnedAccount returned Account InactivityForm in aspecifictimeframe(outlinedbelowa specific timeframe (outlined below). See the Fee Schedule for the Inactive Account Fee that will be assessed to your Account if it is deemed an Inactive Account. Inactivity Timeframes: • Demand Deposit Accounts Accounts– 1 year • Savings Accounts – 1 year • Official Bank Checks or Money Orders– 1 year Ifyou If you re-activateyourAccountactivateyour Account, we will not reimburseyouforanyfeesand reimburseyou for anyfees and we arenot liableto youfor are not liable to you for anyinterest that would otherwise have accrued inyourAccountinyour Account.

Inactive Account. An Inactive Account is an Account that has not had a deposit orwithdrawal, or a signed and returnedAccount InactivityForm in aspecifictimeframe(outlinedbelow). See the Fee Schedule for the Inactive Account Fee that will be assessed to your Account if it is deemed an Inactive Account. Inactivity Timeframes: • x Demand Deposit Accounts – 1 ʹ1 year • x Savings Accounts – 1 ʹ1 year • x Official Bank Checks or Money Orders– 1 Ordersʹ1 year Ifyou re-activateyourAccount, we will not reimburseyouforanyfeesand we arenot liableto youfor anyinterest that would youforanyinterestthatwould otherwise have accrued inyourAccount.