Funds Availability Disclosure
The policy statement applies to “transaction” accounts. Transaction accounts, in general, are accounts which permit an unlimited number of payments to third persons and an unlimited number of telephone and preauthorized transfers to other accounts of yours with us. Checking accounts are the most common transaction accounts. Feel free to ask us whether any of your other accounts might also be under this policy.
Our policy is to make funds from your deposits available to you on the first business day after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and we will use them to pay checks you have written.
For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 3:00 pm on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 3:00 pm or on a day we are not open, we will consider that the deposit was made on the next business day we are open.
If you make a deposit at an ATM that we own or operate before 3:00 pm on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit at an ATM that we own or operate after 3:00 pm, or on a day we are not open, we will consider that the deposit was made on the next business day that we are open.
Longer Delays May Apply
Funds you deposit by check may be delayed for a longer period under the following circumstances:
We believe a check you deposit will not be paid.
You deposit checks totaling more than $5,000 on any one day.
You redeposit a check that has been returned unpaid.
You have overdrawn your account repeatedly in the last six months.
There is an emergency, such as failure of communications or computer equipment.
We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh business day after the day of your deposit.
Special Rules for New Accounts
If you are a new customer, the following special rules may apply during the first 30 days your account is open.
Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers, and the first $5,000 of a day’s total deposits of cashier’s, certified, traveler’s, and federal, state and local government checks will be available on the first business day after the day of your deposit if the deposit meets certain conditions. For example, the checks must be payable to you (and you may have to use a special deposit slip). The excess over $5,000 will be available on the ninth business day after the day of your deposit. If your deposit of these checks (other than a US Treasury check) is not made in person to one of our employees, the first $5,000 will not be available until the second business day after the day of your deposit.
Funds from all other check deposits will be available on the tenth business day after the day of your deposit.
Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we do not own or operate will not be available until the fifth business day after the day of your deposit unless a longer delay set forth elsewhere in this disclosure applies. This rule does not apply at ATMs that we own or operate. All ATMs that we own or operate are identified as our own.
If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.
If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your ability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would not then be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.
If you have questions about your deposits, contact us at 920-563-6616.
USA Patriot Act
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
What this means to you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
|Overdrafts, Paid or Returned (applies to all checking and savings accounts)||$25.00|
|Consecutive Days Overdraft Fee (For consecutive days overdrawn, charged every 7th day)||$15.00|
|Return Check Charge||$5.00|
|Post Dated Check Orders||$25.00|
|Early Account Closing Fee||$10.00|
|Account Reopening Fee||$10.00|
|Dormant Account Fee||$2.00/month|
|Check Copies||$5.00 each|
|Statement Copies||$5.00 each|
|Transcript Statements||$2.00 each|
|Undeliverable Mail Fee||$5.00/item|
|Account Balancing||$15.00 for 3 months|
|Legal/Tax Levys/Garnishments||$40.00 + out of pocket expenses|
|Personal Money Order||$2.00|
|Bank Money Order||$3.00|
|Wire Transfers - Outgoing||$25.00|
|Wire Transfers - Incoming||$15.00|
|Wire Transfers - Foreign Outgoing||$40.00|
|Foreign Currency Orders||$20.00/order|
|Counter/Temporary Checks (limit 10)||$3.00 each|
|ATM/Debit Card Replacement||$5.00|
|Expedited Card Replacement||$70.00|
|PIN Reminder Fee||$5.00|
|Expedited PIN Reminder Fee||$70.00|
|Lost Night Drop Key||$10.00|
|Replacement Night Drop Bag||$20.00|
|Fax Machine||$1.00/page for receipt
$2.00/page to send
|Collections (Incoming or Outgoing)||$20.00|
|Signature Guarantee – Non Bank Customer||$5.00|
|Medallion Guarantee - Non Bank Customer||$5.00|
|Check Cashing - Non Bank Customer||$7.00|
|Change Order - Non Bank Customer||1% of order|
|Coin Counting - Non Bank Customer||1% of the amount if over $50|
This website has been established by PremierBank for the sole purpose of conveying information about the Bank's products and services and to allow communication between the Bank and its customers. Information that appears on this website should be considered an advertisement. Nothing contained in any page on this site takes the place of the Bank's agreements and disclosures that govern its products and services. If any information on the site conflicts with that in the Bank's agreements and disclosures, the agreements and disclosures will control.
From time to time the Bank may place links to other websites. The Bank has no control over any other website and is not responsible for the content on any site other than their own. Users assume all responsibility when they go to other sites via the links on this site.
The information and materials contained in this website are owned by the Bank. No material may be copied, displayed, transmitted, distributed, framed, sold, stored for use, downloaded, or otherwise reproduced except as permitted by law.
The Bank makes no warranties of any kind regarding the products and services advertised on this site. The Bank will use reasonable efforts to ensure that all information displayed is accurate; however, the Bank expressly disclaims any representation and warranty, express and implied, including, without limitation, warranties of merchantability, fitness for a particular purpose, suitability, and the ability to use the site without contracting a computer virus. The Bank is not responsible for any loss, damage, expense, or penalty (either in tort, contract, or otherwise), including direct, indirect, consequential and incidental damages, that result from the access of or use of this site. This limitation includes, but is not limited to the omission of information, the failure of equipment, the delay or inability to receive or transmit information, the delay or inability to print information, the transmission of any computer virus, or the transmission of any other malicious or disabling code or procedure. This limitation applies even if the Bank has been informed of the possibility of such loss or damage.
This agreement may be changed from time to time by posting the new Terms or Use on the website. All users agree to be subject to this agreement as it changes from time to time.
This agreement and the use of this website are governed by the laws of the State of Wisconsin.