| REGULAR CHECKING: | Our regular checking account offers convenience with no limit to the number of deposits or checks.
-Limitations: Requires $200 opening deposit.
-Account Fees: A $10 a month maintenance fee is assessed if a minimum daily balance of $500 or an average daily balance of $1,500 is not met. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Additional fees are listed on our "Account Fees" schedule. | | SENIOR 50 ACCOUNT: | To be eligible, customers must be 50 years or older. No minimum balance, checking at no charge. Additional fees are listed in our "Account Fees" schedule.
- Limitations: Requires $200 opening deposit. | | FREE LIFETIME CHECKING: | | There is no monthly maintenance charge. Florida Citizens Bank will allow you 2 free Non-Sufficient Funds (NSF) checks per calendar year. No canceled checks or copies of canceled checks will be returned with your monthly statement. You will be allowed 2 copies of paid checks or deposited items free per statement cycle. Additional copies are $5 each. The cost of checks will vary depending on the style ordered. Free Lifetime Checking will terminate in the event Florida Citizens Bank is sold to, or merged with, another banking entity. | | NEW CHANCE CHECKING: | Through a relationship with Genpass Technologies, New Chance Checking offers those individuals who have a blemished banking history an opportunity to once again open a bank account. Florida Citizens Bank will open a checking account that is connected to Genpass Technologies through an electronic Pay Card. Each time the account holder deposits funds, FCB will transfer the available funds to the Pay Card which can be used anywhere PIN based transactions are permitted. There will be an initial administrative fee for the Pay Card of $18. The card and PIN number will be mailed directly to the account holder. Each time FCB transfers funds to the account holders card there will be a $7.50 transfer fee deducted from the transfer amount. Genpass Technologies charges additional fees for transactions and these fees are disclosed separately in the "Pay Card Enrollment Authorization".
- Deposit Limitations: Depending on the type of check you deposit, funds may be on hold for 7 business days. Every day is considered a business day except Saturdays, Sundays and federal holidays. Funds from the following deposits may be available on the first business day after the day of your deposit: U.S. Treasury Checks; Direct Deposits via Automated Clearing House (ACH); wire transfers; checks drawn on Florida Citizens Bank; Cash; State and local government checks; Cashier’s checks; Certified checks; U.S. Postal Service Money Orders; Federal Reserve Checks and certain other local checks.
- Withdrawal Limitations: No over-the-counter withdrawals or check withdrawals are permitted for this account. No checks or deposit tickets will be ordered. This account requires special deposit tickets available only at Florida Citizens Bank branches at the time of deposit. Minimum amount of transfer is $10. Online Banking and the Voice Response System are not available with this account. | | NOW CHECKING: | Our NOW Checking account allows you to earn interest on your checking funds. A NOW account may be used by individuals, sole proprietorships, unincorporated family businesses and nonprofit organizations. The interest rate is variable and is paid monthly.
- Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change, at our discretion, at any time. Interest will be compounded and credited to the account monthly. Interest begins to accrue on the date of deposit if received by 7:00 pm on a business day.
- Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
- Limitations: Requires $200 opening deposit.
- Account Fees: A $10 per month maintenance fee is assessed if the daily balance falls below $1,500. Additional fees are listed on our "Account Fees" schedule. Accrued interest will not be paid if account is closed before interest is credited. | | NOW T-BILL CHECKING: | NOW T-Bill offers you maximum convenience and earnings. You’ll get checking at a higher rate than our NOW account. The interest rate is variable and is paid monthly.
- Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change, at our discretion, at any time. Interest will be compounded and credited to the account monthly. Interest begins to accrue on the date of deposit if received by 7:00 pm on a business day.
- Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
- Limitations: Requires $200 opening deposit.
- Account Fees: A $10 per month maintenance fee is assessed if the daily balance falls below $2,500. Additional fees are listed on our "Account Fees" schedule. Accrued interest will not be paid if account is closed before interest is credited. |
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