TERMS AND CONDITIONS OF YOUR DEPOSIT ACCOUNT - First National Bank & Trust

AGREEMENT – This document, along with any other documents we give you pertaining to your account(s), is a contract that establishes rules which control your account(s) with us. Please read this carefully. If you sign the signature card or open or continue to have your account with us, you agree to these rules. You will receive a separate schedule of rates, qualifying balances, and fees if they are not included in this document. If you have any questions, please call us.
This agreement is subject to applicable federal laws and the laws of the state of Wisconsin (except to the extent that this agreement can and does vary such rules or laws). The body of state and federal law that governs our relationship with you, however, is too large and complex to be reproduced here. The purpose of this document is to:

summarize some laws that apply to common transactions;
establish rules to cover transactions or events which the law does not regulate;
establish rules for certain transactions or events which the law regulates but permits variation by agreement; and
give you disclosures of some of our policies to which you may be entitled or in which you may be interested.

If any provision of this document is found to be unenforceable according to its terms, all remaining provisions will continue in full force and effect. We may permit some variations from our standard agreement, but we must agree to any variation in writing either on the signature card for your account or in some other document.
As used in this document the words “we,” “our,” and “us” mean the financial institution and the words “you”and “your” mean the account holder(s) and anyone else with the authority to deposit, withdraw, or exercise control over the funds in the account. The headings in this document are for convenience or reference only and will not govern the interpretation of the provisions. Unless it would be inconsistent to do so, words and phrases used in this document should be construed so the singular includes the plural and the plural includes the singular.

LIABILITY – You agree, for yourself (and the person or entity you represent if you sign as a representative of another) to the terms of this account and the schedule of charges. You authorize us to deduct these charges directly from the account balance as accrued. You will pay any additional reasonable charges for services you request which are not covered by this agreement.
Each of you also agrees to be jointly and individually liable for any account shortage resulting from charges or overdrafts, whether caused by you or another with access to this account. This liability is due immediately, and can be deducted directly from the account balance whenever sufficient funds are available. You have no right to defer payment of this liability, and you are liable regardless of whether you signed the item or benefited from the charge or overdraft. This includes liability for our costs to collect the deficit including, to the extent permitted by law, our reasonable attorneys’ fees.

DEPOSITS – We will give only provisional credit until collection is final for any items, other than cash, we accept for deposit (including items drawn “on us”). Actual credit for deposits of, or payable in, foreign currency will be at the exchange rate in effect on final collection in U.S. dollars. We are not responsible for transactions by mail or outside depository until we actually record them. We will treat and record all transactions received after our “daily cutoff time” on a business day we are open, or received on a day we are not open for business, as if initiated on the next following business day that we are open.

WITHDRAWALS – Unless clearly indicated otherwise on the account records, any of you, acting alone, who signs in the space designated for signatures on the signature card may withdraw or transfer all or any part of the account balance at any time. Each of you (until we receive written notice to the contrary) authorizes each other person signing the signature card to endorse any item payable to you or your order for deposit to this account or any other transaction with us. We may charge your account for a check even though payment was made before the date of the check, unless we have received written notice of the postdating in time to have a reasonable opportunity to act. We may refuse any withdrawal or transfer request which you attempt on forms not approved by us, by any method we do not specifically permit, which is greater in number than the frequency permitted, or which is for an amount greater or less than any withdrawal limitations. Even if we honor a nonconforming request, we may treat continued abuse of the stated limitations (if any) as your act of closing the account. We will use the date the transaction is completed by us (as opposed to the date you initiate it) to apply the frequency limitations. The fact that we may honor withdrawal requests that overdraw the available account balance does not obligate us to do so later. See the funds availability policy disclosure for information about when you can withdraw funds you deposit. For those accounts for which our funds availability policy disclosure does not apply, you can ask us when you make a deposit when those funds will be available for withdrawal.
We may require not less than 7 days’ notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.

OWNERSHIP OF ACCOUNT AND BENEFICIARY DESIGNATION – These rules apply to this account depending on the form of ownership and beneficiary designation, if any, specified on the account records. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds.
Individual Account – is an account in the name of one person.

Joint Account – With Survivorship (And Not As Tenants In Common) – is an account in the name of two or more persons. Each of you intend that when you die the balance in the account (subject to any previous pledge to which we have agreed) will belong to the survivor(s). If two or more of you survive, you will own the balance in the account as joint tenants with survivorship and not as tenants in common.

Joint Account – No Survivorship (As Tenants In Common) – is owned by two or more persons, but none of you intend (merely by opening this account) to create any right of survivorship in any other person. We encourage you to agree and tell us in writing of the percentage of the deposit contributed by each of you. This information will not, however, affect the “number of signatures” necessary for withdrawal.

Revocable Trust or Pay-On-Death Account – If two or more of you create this type of account, you own the account jointly with survivorship. Beneficiaries cannot withdraw unless: (1) all persons creating the account die, (2) the beneficiary is then living, and (3) we have not been given written notice of a claim under a will. If two or more beneficiaries are named and survive the death of all persons creating the account, beneficiaries will own this account in equal shares, without right of survivorship. The person(s) creating either of these account types may: (1) change beneficiaries, (2) change account types, and (3) withdraw all or part of the account funds at any time.

BUSINESS ACCOUNTS – Earnings in the form of interest, dividends, or credits will be paid only on collected funds, unless otherwise provided by law or our policy. We may require the governing body of the legal entity to give us a separate authorization telling us who is authorized to act on its behalf. We will honor the authorization until we actually receive written notice of a change from the governing body of the legal entity.

STOP PAYMENTS – You must make any stop-payment order in the manner required by law and we must receive it in time to give us a reasonable opportunity to act on it before our stop-payment cutoff time. To be effective, your stop-payment order must precisely identify the number, date and amount of the item, and the payee.
You may stop payment on any item drawn on your account whether you sign the item or not, if you have an equal or greater right to withdraw from this account than the person who signed the item. A release of the stop-payment request may be made only by the person who initiated the stop-payment order.
Our stop-payment cutoff time is one hour after the opening of the next banking day after the banking day on which we receive the item. Additional limitations on our obligation to stop payment are provided by law (e.g., we paid the item in cash or we certified the item).

TELEPHONE TRANSFERS – A telephone transfer of funds from this account to another account with us, if otherwise arranged for or permitted, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. Unless a different limitation is disclosed in writing, we restrict the number of transfers from a savings account to another account or to third parties, to a maximum of six per month (less the number of “preauthorized transfers” during the month). Other account transfer restrictions may be described elsewhere.

AMENDMENTS AND TERMINATION – We may change any term of this agreement. Rules governing changes in interest rates are provided separately. For other changes, we will give you reasonable notice in writing or by any other method permitted by law. We may also close this account at any time upon reasonable notice to you and tender of the account balance personally or by mail. Notice from us to any one of you is notice to all of you.

STATEMENTS – You must examine your statement of account with “reasonable promptness.” If you discover (or reasonably should have discovered) any unauthorized signatures or alterations, you must promptly notify us of the relevant facts. As between you and us, if you fail to do either of these duties, you will have to either share the loss with us, or bear the loss entirely yourself (depending on whether we used ordinary care and, if not, whether we substantially contributed to the loss). The loss could be not only with respect to items on the statement but other items with unauthorized signatures or alterations by the same wrongdoer.

You agree that the time you have to examine your statement and report to us will depend on the circumstances, but will not, in any circumstance, exceed a total of 30 days from when the statement is first sent or made available to you.

You further agree that if you fail to report any unauthorized signatures, alterations, forgeries, or any other errors in your account within 60 days of when we first send or make the statement available, you cannot assert a claim against us on any items in that statement, and as between you and us the loss will be entirely yours. This 60-day limitation is without regard to whether we used ordinary care. The limitation in this paragraph is in addition to that contained in the first paragraph of this section.

ACCOUNT TRANSFER – This account may not be transferred or assigned without our prior written consent.

DIRECT DEPOSITS – If, in connection with a direct deposit plan, we deposit any amount in an account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability.

TEMPORARY ACCOUNT AGREEMENT – If this option is selected, this is a temporary account agreement. Each person who signs in the space designated for signatures on the signature card (except as indicated to the contrary) may transact business on this account. However, we may at some time in the future restrict or prohibit further use of this account if you fail to comply with the requirements we have imposed within a reasonable time.

SETOFF – We may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt you owe us now or in the future, by any of you having the right of withdrawal, to the extent of such persons’ or legal entity’s right to withdraw. If the debt arises from a note, “any due and payable debt” includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note.

This right of setoff does not apply to this account if: (a) it is an IRA or other tax-deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan (but this does not affect our rights under any consensual security interest), or (c) the debtor’s right of withdrawal only arises in a representative capacity. We will not be liable for the dishonor of any check when the dishonor occurs because we set off a debt against this account. You agree to hold us harmless from any claim arising as a result of our exercise of our right of setoff.

AUTHORIZED SIGNER (Individual Accounts only) – A single individual is the owner. The authorized signer is merely designated to conduct transactions on the owner’s behalf. We undertake no obligation to monitor transactions to determine that they are on the owner’s behalf.

RESTRICTIVE LEGENDS – We are not required to honor any restrictive legend on checks you write unless we have agreed in writing to the restriction. Examples of restrictive legends are “must be presented within 90 days” or “not valid for more than $1,000.00.”

ACH AND WIRE TRANSFERS – This agreement is subject to Article 4A of the Uniform Commercial Code – Fund Transfers as adopted in the state in which you have your account with us. If you originate a fund transfer for which Fedwire is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary financial institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. You agree to be bound by automated clearing house association rules. These rules provide, among other things, that payments made to you, or originated by you. are provisional until final settlement is made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A-403(a) of the Uniform Commercial Code. If we receive a credit to an account you have with us by wire or ACH, we are not required to give you any notice of the payment order or credit.

ELECTRONIC FUND TRANSFERS

YOUR RIGHTS AND RESPONSIBILITIES
The Electronic Fund Transfers we are capable of handling are indicated below, some of which may not apply to your account. Please read this disclosure carefully because it tells you your rights and obligations for these transactions. You should keep this notice for future reference.
Preauthorized Credits – You may make arrangements for certain direct deposits to be accepted into your Checking or Savings accounts.
Preauthorized Payments – You may make arrangements to pay certain recurring bills from your Checking or Savings accounts.
Electronic Check Conversion – Your check can result in an electronic funds transfer. This can happen in several ways. For example:

You can purchase goods or pay for services and authorize a merchant or service provider to convert your check into an electronic funds transfer.
At the time you offer a check to a merchant or service provider to electronically collect a charge in the event the check is returned for insufficient funds. Paying such a fee electronically is an electronic funds tranfer. Your Authorization to make these types of electronic funds transfers may be expressed in writing or implied through the posting of a sign.

Telephone Transfers – types of transfers, frequency limitations, and charges – You may access your account by telephone 24 hours per day, seven days a week at (800) 800-7135 using your account numbers and your social security number, to receive information such as:

Current balance and last deposit on your checking or savings account.
Most recent transactions on your checking or savings account.
Inquire if a specific check has cleared on your checking account.
Receive interest information on your checking, savings, certificate of deposit or loan account.
Receive payment information for your loan account.
Complete funds transfers from your checking or savings account.

Please also see Limitations on Frequency of Transfers section regarding limitations that apply to telephone transfers.

Internet Banking Transfers – You may access your account(s) by Internet at www.fnbbarron.com and using your Access Code and Password to transfer funds between checking and savings account(s); make payment on loan account(s) with us; obtain account balances, obtain information from the last two statement cycles.

Please also see Limitations on Frequency of Transfers section regarding limitations that apply to telephone transfers.

ATM Transfers – types of transfers, dollar limitations, and charges – You may access your account(s) by ATM using your Instant Cash Card and personal identification number or your Instant Cash & Check card and personal identification number, as long as you maintain a Checking account relationship with us, to:

make transfers from checking account(s) to savings account(s)
make transfers from savings account(s) to checking account(s)
get cash withdrawals from checking account(s) or savings account(s)

You may withdraw up to your daily limit, or the account balance, whichever is less, from an ATM terminal daily*

get information about:

the account balance of your checking accounts
the account balance of your savings accounts
*A surcharge may be charged by the ATM Machine owner.

There will be a $1.50 charge per transaction to use a Non-Instant Cash machine.
Some of these services may not be available at all terminals.
Please also see Limitations on frequency of transfers section regarding limitations that apply to ATM transfers.

Types of Instant Cash & Check Card Point-of-Sale Transactions – You may access your checking account(s) to purchase goods (in person or by phone), pay for services (in person or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that can be done with a credit card (that a participating merchant will accept with a credit card).

Point-of-Sale Transactions – dollar limitations – Using your card:
Please also see Limitations on frequency of transfers section regarding limitations that apply to debit card transactions.

Limitations on frequency of transfers – In addition to those limitations on transfers elsewhere described, if any, the following limitations apply:

Reg D states that a depositor is permitted to make no more than 6 withdrawals per calendar month or monthly statement cycle for the purpose of transferring funds to another account of the depositor at the same bank or for making a payment to a third party by means of a preauthorized or automatic transfer. A “preauthorized transfer” includes any arrangement you made with the bank to pay a third party from your account. This regulation does include Internet or telephone transfers from your money market or savings account to another account in the bank. The regulation allows you to make an unlimited amount of transfers or withdrawals in person or through the ATM.

Termination –

You may terminate the electronic fund transfer agreement by written notice to us.
We may terminate the electronic fund transfer agreement by card capture and/or written notice to you.

Fees

We do not charge for direct deposits to any type of account.

Except as indicated elsewhere, we do not charge for these electronic fund transfers.

DOCUMENTATION

Terminal transfers. Unless you are transferring $15 or less to or from your account using and electronic terminal that accepts your Access Device, you can get a receipt at the time you make any transfer to or from your account using one of our automated teller machines or point of sale terminals.
Preauthorized credits. If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you can call us at (715)537-5681 to find out whether or not the deposit has been made.
Periodic Statements.
You will get a monthly account statement from us for your checking accounts.
You will get a monthly account statement from us for your savings accounts, unless there are no transfers in a particular month. In any case, you will get a statement at least quarterly.

Preauthorized payments

Right to stop payment and procedure for doing so. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how:

Call or write us at the telephone number or address listed in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call.

We will charge a fee for each stop payment order you give.(See special services/fees)

Notice of varying amounts. If these regular payments may vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.)
Liability for failure to stop payment of preauthorized transfer. If you order us to stop one of these payments 3 business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

FINANCIAL INSTITUTION’S LIABILITY
Liability for failure to make transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

If, through no fault of ours, you do not have enough money in your account to make the transfer.
If you have an overdraft line and the transfer would go over the credit limit.
If the automated teller machine where you are making the transfer does not have enough cash.
If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions we have taken.
There may be other exceptions stated in our agreement with you.

Confidentiality
We will disclose information to third parties about your account or the transfers you make:

where it is necessary for completing transfers; or
in order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or
in order to comply with government agency or court orders; or
if you give us written permission.

UNAUTHORIZED TRANSFERS

(a) Consumer liability. (1) Tell us AT ONCE if you believe your ATM or debit card or PIN code has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning is the best way of keeping your possible losses down. You could lose all of the money in your account (plus your maximum line of credit). We will be liable for all unauthorized transfers unless the unauthorized transfer was due to the loss or theft of your card and/or code. If due to the loss or theft of your card and/or code, and you notify us within 60 days of when the unauthorized transfer appears on the statement you can lose no more than $50 if someone used your card and/or code without permission.
If you do NOT notify us within 60 days after the unauthorized transfer appears on your statement, and we prove that we could have stopped someone from using your card and/or code without your permission if you had told us within 2 days of when you discover the loss or theft of your card and/or code, you could lose as much as $500 for unauthorized transfers that appear on the statement.
Also, if your statement shows transfers that you did not make, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we prove that we could have stopped someone from taking the money if you had told us in time.
If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.
(2) Additional Limits on Liability for Instant Cash & Check card, when used for point-of-sale transactions.
Unless you have been grossly negligent or have engaged in fraud, you will not be liable for any unauthorized transactions using your lost or stolen Instant Cash & Check card, when used for point-of-sale transactions, if you report the loss or theft of your card within 2 business days of when you discover the loss or theft of the card. If you do NOT tell us within 2 business days, your liability is the lesser of $50 or the amount of money, property, labor, or services obtained by the unauthorized use before notification to us.
(b) Contact in event of unauthorized transfer. If you believe your card and/or code has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call: 715-537-5681 or write to First National Bank, P.O. Box 159, Barron, WI 54812. You should also call the number or write to the address above if you believe a transfer has been made using the information from your check without your permission.

RIGHT TO BRING CIVIL ACTION
You may bring a civil action against any person violating any provision of Wisconsin Statutes §47.69 (governing consumer privacy and unauthorized withdrawals).
If you prevail in such an action, you may recover the greater of your actual damages or $500. You may also be entitled to recover punitive damages, your court costs and reasonable attorney’s fees.

TIME NEEDED TO COMPLETE TERMINAL TRANSACTIONS
Withdrawals made at a terminal will normally be completed and charged to your account the next business day.
Transfers made at a terminal will normally be credited to your account the next business day.

ERROR RESOLUTION NOTICE
In case of errors or questions about your electronic transfers, call or write us at the telephone number or address listed, as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared.

Tell us your name and account number (if any).
Describe the error on the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information.
Tell us the dollar amount of the suspected error.

If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.
We will determine whether an error occurred within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account. For errors involving new accounts, point of sale, or foreign-initiated transactions, we may take up to 90 days to investigate your complaint or question. For new accounts, we may take up to 20 business days to credit your account for the amount you think is in error. We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation. If a notice of error involves unauthorized use of your point of sale debit card with the Visa or MasterCard logo when it is used as a Visa or MasterCard point of sale debit card, then the additional applicable Visa or MasterCard rules on error resolution shall also apply.

First National Bank
Resolution Officer
436 East LaSalle Avenue
Barron, WI 54812
Business Days: Monday through Friday
Excluding Federal Holidays
Phone: (715) 537-5681

MORE DETAILED INFORMATION IS AVAILABLE UPON REQUEST

FUNDS AVAILABILITY POLICY

Your Ability To Withdraw Funds
This policy statement applies to all deposit accounts.
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 that 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 P.M. 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 P.M. 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 P.M. 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 P.M. 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
In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the second business day after the day of your deposit. The first $200 of your deposits, however, will be available on the first business day after the day of your deposit. If we are not going to make all of the funds from your deposit available on the first business day after the day of your deposit, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit.

If you will need the funds from a deposit right away, you should ask us when the funds will be available.
In addition, 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 computer or communications 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 will apply during the first 30 days your account is open. Funds from electronic direct deposits into 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, teller’s, 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 U.S. 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 deposit. Funds from all other check deposits will be available on the ninth business day after the day of your deposit.

TRUTH-IN-SAVINGS DISCLOSURE

Free Checking with Direct Deposit
Minimum balance to open the account – You must deposit $100.00 to open this account, this requirement is waived for full-time students.
Minimum balance to avoid imposition of fees – No minimum balance required for this account as long as the accountholder’s net paycheck is direct deposited to the account. If a direct deposit does not exist, your account will automatically be changed to a Personal Checking account, and a minimum balance requirement will apply.

Personal Checking account
Minimum balance to open the account – You must deposit $100.00 to open this account, this requirement is waived for full-time students.
Minimum balance to avoid imposition of fees – A maintenance charge of $5.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the statement cycle. This fee is waived for full-time students.

Fees: A charge for checks of $.25 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account). This fee will apply if the balance in your account falls below $100.00 any day of the cycle, except for full-time students.

Personal Checking With Interest
Minimum balance to open the account – You must deposit $100.00 to open this account.
Minimum balance to avoid imposition of fees – A maintenance charge of $5.00 will be imposed every statement cycle if the balance in your accounts falls below $1,000.00 any day of the cycle.

Fees– A charge for checks of .25 cents will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account). This fee will apply if the balance in your account falls below $1,000.00 any day of the cycle.

Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account – If you close your account before interest is credited, you may not receive the accrued interest.
Daily balance computation method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day
Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Rate Information:
Tier 1 – If your daily balance is $2,500.00 or more, the interest rate paid on the entire balance in your account will be ————% with an annual percentage yield of ————%.
Tier 2 – If your daily balance is $1,000.00 or more, the interest rate paid on the entire balance in your account will be ————% with an annual percentage yield of ————%.
(Refer to 1st National Bank’s Home Page for Current Rates)

VIP Club Checking Account
Minimum balance to open the account – You must deposit $100.00 to open this account.
Minimum balance to earn interest – You must have a minimum balance of $2,500.00 to earn interest on this account.
Minimum balance to avoid imposition of fees – There is no minimum balance requirement on this account.

Effect of closing an account – If you close your account before interest is credited, you may not receive the accrued interest.
Daily balance computation method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account for the period . 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.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day we receive credit for the deposit of noncash items (for example, checks).

Rate Information:
If your daily balance is $2,500.00 or more, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of ____%.
(Refer to 1st National Bank’s Home Page for Current Rates)
Other Terms –
$6.00 maintenance charge. $10,000 Accidental Death and Dismemberment Coverage on Member(s) for all other covered accidents.
$7.00 maintenance charge. $20,000 Accidental Death and Dismemberment Coverage on Member(s) for all other covered accidents.
$8.00 maintenance charge. $20,000 Accidental Death and Dismemberment Coverage on Member(s) for all other covered accidents.
Plus, $10,000 Coverage on Spouse(s) if no Spouse(s) Coverage applies to Member(s).
Plus, $1,500 Coverage on each Dependent Child.

Senior Citizens Checking
(For customers over the age of 60)
Minimum balance to open the account – You must deposit $100.00 to open this account.
Minimum balance to avoid imposition of fees – No minimum balance required for this account.

First Business Checking
Minimum balance to open the account – You must deposit $100.00 to open this account.
Minimum balance to avoid imposition of fees – A service charge of $8.00 will be imposed each quarterly statement cycle if the minimum balance falls below $800.00 within that statement cycle.

Other Terms – $10.00 per returned item. Additional charges may apply for coin orders.

Small Business Checking
Minimum balance to open the account – You must deposit $1500.00 to open this account.
Minimum balance to avoid imposition of fees – There is a minimum balance requirement of $1500.00 during the monthly statement period.
Commercial Checking
Minimum balance to open the account – You must deposit $1000.00 to open this account. Designed for the business with activity levels of 50 or fewer checks/debits per month.
Minimum balance to avoid imposition of fees – You must have a minimum balance of $2,500.00 to receive an earnings credit on this account.
Minimum balance to avoid imposition of fees – There is no minimum balance requirement on this account.
Other Terms – an earnings credit is applied to offset the following monthly fees:

$8.00 Maintenance charge
.15 cents charge per check/debit item
.12 cents charge per deposit/credit item
.06 cents charge per items included in the deposit
$10.00 returned items
Additional charges may apply for coin orders

The earnings credit is based on the current 90 day T-bill rate less .25%. The earnings credit is calculated on the average collected balance in the account.
Regular Passbook Savings account
Minimum balance to open the account – You must deposit $100.00 to open this account.
Minimum balance to avoid imposition of fees – A service charge of $2.50 will be imposed each quarterly statement cycle if the minimum balance falls below $100.00 within that statement cycle. The fee may be waived if you are a full time student, under 18, or over 60 years old. 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. The period we use is quarterly.
Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency -Interest will be coumpounded and credited to your account quarterly.
Effect of closing an account – If you close your account before interest is credited, you may not receive the accrued interest.
Average daily balance computation method – We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. 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. The period we use is quarterly.
Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations:
Transfers from a Regular Passbook Savings Account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per quarter with no transfers by check, draft, debit card, or similar order to third parties.
Fees: A service charge/withdrawal fee of .25 cents will be charged for each withdrawal in excess of three per quarter.
Rate Information:
Your interest rate will be ____% with an annual percentage yield of ____%.
(Refer to 1st National Bank’s Home Page for Current Rates)
Money Market Savings account
Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest will be compounded and credited to your account monthly.
Effect of closing an account – If you close your account before interest is credited, you may not receive the accrued interest.
Minimum balance to open the account – You must deposit $2,500.00 to open this account.
Minimum balance to avoid imposition of fees – A service charge fee of $5.00 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $2,500.00.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. The period we use is monthly.
Average daily balance computation method – We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. 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. The period we use is monthly.
Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations:
You may not make more than six (6) transfers and withdrawals from a Money Market Savings Account per month by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order payable to third parties.
Fees: A transaction fee of .25 cents will be charged for each withdrawal in excess of three per month.
Rate Information:
If your daily balance is $2,500.00 or more, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of ____%.
(Refer to 1st National Bank’s Home Page for Current Rates)
Business Money Market Savings
Rate Information – Your interest rate and anual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest will be compounded and credited to your account monthly.
Effect of closing an account – If you close your account before interest is credited, you may not receive the accrued interest.
Minimum balance to open the account – You must deposit $2,500.00 to open this account.
Minimum balance to avoid imposition of fees – A service charge fee of $5.00 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $2,500.00.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. The period we use is monthly.
Service Fee– A one time service fee of $25.00 will be applied upon the opening of this account.
Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations:
You may not make more than six (6) transfers and withdrawals per month from a Business Money Market Savings Account by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check,debit card or similar order payable to third parties.
Rate Information:
If your daily balance is $2,500 or more, the interest rate paid on the entire balance inyour account will be ___% with an annual percentage yield of ___%
(Refer to1st National Bank’s Home Page for Current Rates)
Freedom Money Market Savings
Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest will be compounded and credited to your account monthly.
Effect of closing an account – If you close your account before interest is credited; you may not receive the accrued interest.
Minimum balance to open the account – You must deposit $50,000.00 to open this account.
Minimum balance to avoid imposition of fees – A service charge fee of $10.00 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $50,000.00.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. The period we use is monthly.
Average daily balance computation method – We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. 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. The period we use is monthly.
Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations:
You may not make more than six (6) transfers and withdrawals from a Freedom Money Market Savings Account per month by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order payable to third parties.
Fees: A transaction fee of .25 cents will be charged for each withdrawal in excess of three per month.
Rate Information:
If your daily balance is $50,000.00 or more, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of ____%.
(Refer to 1st National Bank’s Home Page for Current Rates)
Looney Tunes Savings account
Minimum balance to open the account – You must deposit $20.00 to open this account and be less than 13 years of age.
Minimum balance to avoid imposition of fees – There is no minimum daily balance requirement for this account.
Average daily balance computation method – We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. 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. The period we use is quarterly.
Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest will be compounded and credited to your account quarterly.
Effect of closing an account – If you close your account before interest is credited, you may not receive the accrued interest.
Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations:
Transfers from a Looney Tunes Savings Account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month with no transfers by check, draft, debit card, or similar order payable to third parties.
Rate Information:
Your interest rate will be ____% with an annual percentage yield of ____%.
(Refer to 1st National Bank’s Home Page for Current Rates)
IRA Savings Account*
Minimum balance to open the account – You must deposit $100.00 to open this account.
Average daily balance computation method – We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. 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. The period we use is the monthly statement cycle.
Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest will be compounded and credited to your account monthly.
Effect of closing an account – If you close your account before interest is credited, you may not receive the accrued interest.
Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations:
All transactions must be made in-person or by written request bearing a notarized signature.
Rate Information:
Your interest rate for your account is _____% with an annual percentage yield of ____%.
(Refer to 1st National Bank’s Home Page for Current Rates)
*All IRA Transactions are subject to IRA Rules and Regulations.

ADDITIONAL SAVINGS ACCOUNT LIMITATIONS
We may require not less than 7 days’ notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.
ADDITIONAL TERMS, EXPLANATIONS, ETC.
FEES
The following charges may be assessed against your account:
$25.00 Insufficient Funds per Item
$25.00 Overdraft per Item
$10.00 Returned Deposit per Item
$20.00 Stop Payment per Request
$3.00 to $5.00-Money Orders.
$15.00 Check Cashing – Free to Customers
Coin Counting 5% of total for non customers – Free to Customers
$20.00 per hour Account Research
$15.00 Collections
$20.00 per hour Account Balancing
$2.00 for Local Fax Service
$5.00 for Long Distance Fax Service
CURRENT UPDATE OF NEW PRODUCTS OR SERVICES

First National Bank ATM Locations:

First National Bank – Rice Lake Office Drive-Thru
(Located in lane 4)
2961 Decker Drive
Rice Lake, WI 54868

First National Bank – Barron Office
436 East LaSalle Ave
Barron, WI 54812
WITC
1900 College Drive
Rice Lake, WI 54868
Rice Lake Regional Airport
1872 14 1/2 Avenue
Cameron, WI 54822

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