Notice of Amended and Restated
Deposit Account Disclosure for Personal Accounts
This notice is to inform you of changes to the Deposit Account Disclosure for
Personal Accounts (“Disclosure”), which will become effective on December 1,
2014. The Disclosure is relative to any and all personal checking, savings, money
market savings, IRA or certificate of deposit accounts you maintain with Bank of the
West.
The amended and restated Disclosure, together with the applicable Schedule of
Fees and Charges, current Rate Sheet, your signature card and any other addenda
that may be provided to you with reference to your deposit account(s), form the
agreement between you and the Bank.
We encourage you to read the entire amended and restated Disclosure carefully,
as the terms and conditions replace any previous versions of the Disclosure that
you have received prior to December 1, 2014, and certain of these changes may
impact your legal rights. You indicate that you accept the changes in the amended
and restated Disclosure by continuing your account relationship with us or, if the
changes affect your certificate of deposit, by allowing the certificate of deposit to
renew after the changes become effective.
Please note that the amended and restated Disclosure contains a dispute
resolution provision providing for mandatory arbitration in the event of a dispute
arising out of your account(s) or the Disclosure. Under this provision, you waive
your rights to try any claim in court before a judge or jury and to bring or participate
in any class or other representative action.
In order to comply with regulatory rules, we highlight the following change in terms
applicable to Wisconsin residents as of December 1, 2014. Due to a change in
state law, Wisconsin residents no longer have unique rules on liability for
unauthorized use of an ATM or Debit Card. Purchases and withdrawals made with
a Bank of the West ATM or Debit Card will be subject to the consumer liability
dollar limitations set forth in the first two paragraphs under the “Consumer Liability”
section on page 33 of the amended and restated Disclosure. Also, please be
aware that MasterCard® Zero Liability policy still applies.
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Welcome to Bank of the West!
Please keep these important documents
with your Deposit Account Disclosure
booklet and retain them for future
reference.
Schedule of Fees and Charges for
Personal Deposit Accounts…..….Page 1-2
Consumer Packages……….…….Page 3
Consumer Checking Accounts…..Page 4
Consumer Savings, Money Market,
Certificate of Deposit and Individual
Retirement Accounts………….…..Page 5
ATM and Debit Card Transaction
Types and Limitations …………....Page 6
Addendum to the Deposit
Account Disclosure for Personal
Accounts……………………….Page 7-10
Member FDIC
Schedule of Fees and Charges
for Personal Deposit Accounts
(Wyoming Branches)
Effective October 1, 2014
This schedule applies to personal accounts opened in Wyoming. This
Schedule, along with the Deposit Account Disclosure for Personal Accounts,
current rate sheet, your current signature card, and any other addenda that
may be provided to you at account opening or from time to time thereafter form
the agreement between you and Bank of the West as to your checking, money
market, savings, certificates of deposit, and retirement accounts (collectively,
the “Agreement”). The Bank reserves the right to add to, delete from,
discontinue, or otherwise amend any product, service, fee or charge, package
or program offering at any time with such notice as is required by law. To the
extent that any of the terms or provisions of this Schedule of Fees and
Charges conflict with those contained in any other document in the Agreement,
the terms and provisions contained herein shall control.
We regret that this document is not available in languages other than English.
Please make sure that you understand all terms and conditions applicable to
your deposit account(s) and services.
ATM Cards and Debit Cards
ATM Card/Debit Card Purchases
No Charge
ATM Statements
$1 each
Foreign Currency Transactions
MasterCard® Fee
1% of transaction amount
Bank of the West Fee
Non-Bank of the West ATM Transactions
Balance Inquiry
Transfer
Withdrawal
Debit Card Cash Advance Withdrawal at a
financial institution that displays the MasterCard®
Logo
ATM Card or Debit Card Reissuance
(Lost or Stolen)
Debit Rewards Annual Membership
IRA
IRA Annual Fee
IRA Transfer or Closing Fee
Night Depository
Annual Fee
Key Deposit (non-refundable)
2% of transaction amount
$2.50 per inquiry
$2.50 per transfer
$2.50 per withdrawal
$3 per withdrawal
$5 per card
$15 per year
$12 per plan
$25 per plan
$20 per year
$5 per key
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Online Banking
External Transfers
Standard (3 business days) External Transfer$3 each
Web Fee
Next Business Day External Transfer-Web Fee
$10 each
Popmoney® Transfers
Standard (3 business days) External TransferNo Charge
Web Fee
Next Business Day External Transfer-Web Fee
$3 each
Online Bill Pay
Same Day Online Bill Payment – Transaction Fee $10.95 each
Overnight Check – Transaction Fee
$17.50 each
Additional Paper Statement Fee for Accounts with $3 per month
Online Statements
Overdrafts and Returned Items
Tier One -1 Occurrence Paid* or Returned
$31 each item
Tier Two - 2+ Occurrences Paid* or Returned
$36 each item
You will be charged an Overdraft Fee for an overdraft item paid if your account’s
daily ending balance is overdrawn by more than $5. You will be charged a Returned
Item Fee for a returned item. No more than four Overdraft and/or Returned Item
Fees will be applied on any one business day.
Daily Overdraft Fee: Beginning on the third business day following the day on which
your overdraft occurred, overdrawn balances of $15 or more may be assessed $5
each business day.
Overdraft Protection
Savings Overdraft Protection Transfer Fee
$12 each day that a transfer
occurs
Gold Line (credit approval required)
Refer to the Gold Line Account
Agreement and Disclosure
Statement
Safe Deposit Box
Set-Up Fee
$20 per box
Annual Fee
Varies
Safe Deposit Box Forced Opening
Varies based on cost to bank
Statements
Check Safekeeping
No charge
Image Statement (fronts of checks only)
$1.50 per statement cycle
Money Market accounts – no
charge
Image Statement (fronts and backs of checks)
$2.50 per statement cycle
Copy of a Statement
$5 each
Ongoing Duplicate Statements
$5 each
Snapshot Statement
$2 each
Special Schedule Statements (off-cycle)
$5 each
Other Charges
Account Research
Research Time
$30/hour ($30 minimum)
Item Copies
$1 each
Cashier’s Checks
$10 each
Basic Savings Check Cashing Fee (Bank of the
$6 per check
West “on us” check in excess of $50)
Check Cashing Fee (Bank of the West “on us”
$7.50 per check
check in excess of $50)
Check Cashing Fees waived for: (1) deposit account customers (excluding Basic
Savings-only customers); (2) minors; (3) Bank of the West cashier’s checks; and (4)
Bank of the West checks drawn on a deposit account in the name of any government
agency.
Check Printing
Varies with style
Sightline Checks for the visually impaired
No charge
Collection Fee
Domestic
$20 per item
Foreign
See Below
Page 1 of 10
Other Charges, continued
Copies of Deposit Slips or Paid Checks
Standard or Telephone Banking Requests
Instant Requests
Copy of Draft for POS Transaction
Counter Check Fee
Deposited Item Returned
Re-Deposited Item
Early Closure (if checking, savings or money
market account is closed less than 91 days after it
was opened)
Excess Withdrawal Fee (savings and money
market accounts)
Expedited Delivery of ATM or Debit Card
Foreign Currency
Exchange
Shipping Fee
Foreign Drafts
Foreign Draft Stop Payment
Foreign Items Deposited
Collection
Cash Letter
Inactive Account Letter
Legal Process (excluding subpoena)
Letter Providing Account Information
Medallion Guarantee (Securities)
Money Order
Reconcile Accounts
No charge for first 2 copies
per statement cycle, then $2
each
$2 each
$3 each
$1 per check, minimum 4
checks
$15 each
$4 each
$25 per account
$15 each
$65 per card
$5 per transaction
$12 per transaction
$45 each
$30 each
$50 per item
$5 per item
$2 each
$100 per process
$10 each
$10 each
$5 each
$10 each hour (or fraction
thereof; $10 minimum)
$35 each order
Stop Payment Fee
(check, third party transfer, electronic)
Verification of Deposit
$17.50 each
Written Deposit Confirmation Fee
$5 each
Continued on next page
*Occurrence: (Solely for the purposes of overdrafts and returned item fees) An
Occurrence is each day in which your account does not have sufficient available
funds to cover the items presented for payment regardless of whether or not you
are charged an Overdraft or Returned Item fee for the item. For example, if you
have three (3) items presented for payment in a single day for which there are
insufficient funds to cover these items, that is considered to be one (1)
“Occurrence”. However, you may be charged for each of the three items. An
Overdraft and/or Returned Item fee is based on the number of Overdraft and
Returned Item Occurrences in the current month plus the previous 12 full months.
For the first Occurrence, you will be charged the Tier One fee for each item
presented for payment in a single day up to the daily maximum. For subsequent
Occurrences in the next 12 months, you will be charged the Tier Two fee for each
item presented for payment in a single day up to the daily maximum.
Member FDIC
Wires
Incoming (Domestic or International)
Processing Incoming Wires - Auto
Processing Incoming Wires - Manual
Outgoing Domestic
Branch
Direct Wire Non-Repetitive Transfer–Phone Initiation
Direct Wire Repetitive Transfer–Phone Initiation
Outgoing International
Branch
US $ Direct Wire Non-Repetitive Transfer–Phone Initiation
US $ Direct Wire Repetitive Transfer– Phone Initiation
Outgoing Foreign Currency Wires – Direct Wire
Other Wire Services
Tax Payments – Branch
Direct Wire Drawdown (Reverse Wire)
Incoming Wire Notification
Notifax within U.S. or Canada
Notifax outside U.S. or Canada
Telephone Notification
Mail Advice
Manual Fax
Tracer Requests
Domestic
International
Miscellaneous
Outgoing Domestic – Wire Repair
Outgoing International – Wire Repair
Receiving Bank Repair Charge
Return Incoming Wire (customer request)
Returned Outgoing Wire Transfer
Wire Transfer Adjustment
Standing Orders (Automatically Recurring)
Domestic
International
Book Transfer
Maintenance
Telephone Inquiry (Phone or Branch)
Pass Through (from Correspondents)
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
$13 each
$15 each
$30 each
$20 each
$17 each
$45 each
$25 each
$20 each
$45 each
$30 each
$15 each
$2 each
$24 each
$15 each
$4 each
$8 each
$20 each
$35 each
$10 each
$10 each
Varies
$30 each
$12 each
$30 each
$10 each
$15 each
$5 each
$5 each
$15 each
$30 each
Page 2 of 10
Member FDIC
Consumer Packages
Package
Package Requirements2
Easy Banking Package
Easy Checking and
Choice Money Market Savings and
$75 monthly Auto-Save
Choice Banking Package
Choice Interest Checking and
Choice Money Market Savings
Signature Checking Package1
Signature Checking and
Choice Money Market Savings
Package Features
Pays interest on checking account balances
Special customer interest rates on Choice Money
Market Savings3,4
Special customer interest rates on CD5
Additional account with no monthly
service charge6
Monthly Service Charge
X
X
X
X
X
X
Deducted from your Easy Checking account:
$8 with Online Statements
OR
$10 with paper statements
Each statement cycle, make a single monthly transfer of
$75 or more to Choice Money Market Savings from Easy
Checking through the Auto-Save Program
AND do one of the following
Ways to Waive Monthly Service Charge
X
Maintain an average monthly balance of at least $1,000 in
Easy Checking per statement cycle,
OR
Make a single direct deposit of $250 or more per
statement cycle to Easy Checking
OR
Make a minimum of 10 net debit card purchases per
statement cycle from Easy Checking
Deducted from your Choice Money Market Savings
account:
$15
Deducted from your Signature Checking account:
$30
Each statement cycle, make a single monthly transfer of
$75 or more to Choice Money Market Savings from
Choice Interest Checking through the Auto-Save Program
OR
Maintain an average monthly balance of at least $5,000 in
Choice Money Market Savings per statement cycle
Maintain an average monthly balance of at least $15,000
in Signature Checking per statement cycle,
OR
Maintain a $25,000 combined average monthly balance in
Signature Checking plus all linked personal checking,
savings, money markets, CDs and IRAs per statement
cycle
1 Signature Checking Package benefits, including monthly service charge waivers on additional accounts, begin the next business day after the Signature Checking account is opened or transferred. Premier Relationship Interest Rates, if applicable,
begin to accrue as of the first statement cycle following the business day after the Signature Checking account is opened or transferred
2 If you do not meet the requirements for a package, each account will be subject to the standard requirements and fees for the account type. Your money market account cycle date may change to match the statement of your linked checking
account to receive package benefits. If you have an existing Choice Banking Package, and open a new Signature Checking account, the Choice Money Market Savings account will automatically be linked to the Signature Checking Package, and the
monthly fee will be applied to your Choice Interest Checking account.
3 A Relationship Premium or a Premier Relationship Premium (available to Signature Checking customers) is a bonus interest rate on qualifying Choice Money Market Savings accounts for selected balance tiers. Only one Choice Money Market
Savings account can be linked to a checking account. The standard interest rate plus the Relationship Premium interest rate equals the Relationship Interest Rate; the standard interest rate plus the Premier Relationship Premium interest rate equals
the Premier Relationship Interest Rate. The Relationship Premium and Premier Relationship Premium interest rates are set at the Bank’s discretion and are subject to change without notice. There may not be a Relationship Premium or Premier
Relationship Premium associated with every balance tier.
4 To automatically qualify for a Relationship Interest Rate, you must have an open Bank of the West consumer checking account and a Choice Money Market Savings account with the same ownership; to automatically qualify for a Premier
Relationship Interest Rate, you must have an open Signature Checking account and a Choice Money Market Savings account with the same ownership. The Relationship Interest Rate or Premier Relationship Interest Rate will be earned on your
Choice Money Market Savings account, and is calculated as follows: On the last day of your statement cycle, your Choice Money Market Savings account’s end-of-day collected balance tier will be determined. If the Bank is paying a Relationship or
Premier Relationship Premium for that balance tier, that Premium will be added to the standard interest rate for the balance tier into which your daily end-of-day collected balance falls each day during the next full statement cycle. The Relationship or
Premier Relationship Premium will be applied beginning the first business day of the statement cycle. Once set, the Relationship or Premier Relationship Premium will not change during that statement cycle. The standard interest rate can change as
frequently as daily. Interest is compounded daily and paid to your Choice Money Market Savings account on the last day of the statement cycle. If you do not qualify for a Relationship or Premier Relationship Premium as of the last day of any
statement cycle, your account will earn only the standard interest rate during the next full statement cycle.
5 To qualify for a Relationship CD interest rate, you must have a Signature Checking account. Relationship CD interest rates are available on select CD products only and are subject to change or discontinuance at account renewal. If you do not
have an open Signature Checking account when the CD renews, you may receive the standard rate for the new term.
6 If you have an open, active Signature Checking account, you are eligible for a second Signature Checking account with no monthly service charge. The ownership on both accounts must be identical. The second Signature Checking does not
provide a relationship pricing benefit to a Choice Money Market Savings account.
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Page 3 of 10
Member FDIC
Consumer Checking Accounts
Type of Account 1
Minimum Amount to Open
Pays Interest
Monthly Service Charge
Ways to Waive Monthly Service Charge
Early Closure Fee:
(if account is closed less than 91 days after it is opened)
Overdrafts and Returned Items
Daily Overdraft Fee
Non-Bank of the West ATM Transaction
(Balance Inquiry, Transfer, Withdrawal)
Easy Checking
$100
No
Choice Interest Checking
$100
Yes
55 Plus
$100
No
Signature Checking
$100
Yes
$8 with Online Statements
OR
$10 with paper statements
For new accounts, we will waive the monthly
service charge for the first two statement cycles.
$10
$30
For new accounts, we will waive the monthly
service charge for the first two statement cycles.
No monthly service
charge if primary
account owner2 is age
55 or older, otherwise
$10
Meet at least one of the following each
statement cycle:
• Maintain an average monthly balance of
$1,000 or more in this account
Meet at least one of the following each
statement cycle:
• Maintain an average monthly balance of
$2,500 or more in this account
OR
• Receive a single direct deposit of $250 or more
OR
• Make a minimum of 10 net3 debit card
purchases (PIN or signature)
OR
• Maintain a $5,000 combined average monthly
balance in this account plus linked personal
savings, CDs, or IRAs4
Meet at least one of the following each statement
cycle:
• Maintain an average monthly balance of $15,000
or more in this account
OR
• Maintain a $25,000 combined average monthly
balance in this account plus linked personal
checking, money market, savings, CDs, or IRAs5
$25
Tier One -1 Occurrence6 Paid or Returned: $31 each item
Tier Two -2+ Occurrences6 Paid or Returned: $36 each item
You will be charged an Overdraft Fee for an overdraft item paid if your account’s daily ending balance is overdrawn by more than $5.
You will be charged a Returned Item Fee for a returned item. No more than four Overdraft and/or Returned Item Fees will be applied on any one business day.
Beginning on the third business day following the day on which your overdraft occurred, overdrawn balances of $15 or more may be assessed $5 each business day.
$2.50 per transaction
Stop Payment
Check Printing
Primary account
owner2 is age 55 or
older
For new accounts, we will waive the monthly
service charge for the first statement cycle.
No charge
$35 per stop payment order
Varies based on style ordered
Other Charges
Varies based on style ordered
No charge
First order free (one box
of corporate image,
wallet style checks)
No charge for Signature Checking checks or 25%
discount on other styles (one box per order)
See Schedule of Fees and Charges for Personal Deposit Accounts for other fees that may apply.
1 If you do not qualify for one of these checking products, you may be offered an alternate checking product.
2 The primary account owner is the person whose name is listed first on the account.
3 Net purchases equal total purchases minus returns/credits.
4 To qualify for the combined balance minimum, you must request us to link multiple personal deposit accounts to your checking account. All linked accounts must have the same ownership.
5 Personal checking, money market, savings, CD and/or IRA accounts can be automatically linked to only one Signature Checking account. Primary account owner on Signature Checking account must also be an owner on any linked accounts for the
combined balance waiver. Additional Signature Checking accounts must meet standalone balance requirement for the monthly service charge to be waived, unless it is a secondary Signature Checking account linked to a primary Signature Checking
account.
6 Occurrence: (Solely for the purposes of Overdrafts and Returned Item fees) An Occurrence is each day in which your account does not have sufficient available funds to cover the Items presented for payment, regardless of whether or not you are
charged an Overdraft or Returned Item fee for the Item. For the first Occurrence, you will be charged the Tier One fee for each Item presented for payment in a single day up to the daily maximum. For subsequent Occurrences in the next 12 months,
you will be charged the Tier Two fee for each Item presented for payment in a single day up to the daily maximum. Refer to the Schedule of Fees and Charges for Personal Deposit Accounts for additional details.
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Page 4 of 10
Member FDIC
Consumer Savings, Money Market, Certificate of Deposit and Individual Retirement Accounts
Type of Account
Classic Savings
Choice Money Market Savings
Minimum Amount to Open
$25
$100
Pays Interest
Monthly Service Charge
Yes
$4
Yes
$15
Ways to Waive Monthly Service Charge
Meet at least one of the following each month:
• Make a single transfer of $25 or more from a
Bank of the West consumer checking account
through the Auto-Save program2
OR
• Maintain an average monthly balance of at
least $300 in this account
OR
• Primary account owner is age 18 or younger
Early Closure Fee:
(if account is closed less than 91 days after it is opened)
Transaction Limits
Meet at least one of the following each
statement cycle:
• Make a single transfer of $75 or more
from a Bank of the West consumer
checking account through the Auto-Save
program2
Certificates of Deposit (CDs)
• Flexible Term CD:
$1,000
• Premium Money Market CD:
$2,500
• 7-31 Day CD:
$100,000
Individual Retirement Accounts
(IRAs)
$1001
Yes
N/A
Yes
N/A
N/A
N/A
OR
• Maintain an average monthly balance of at
least $5,000 in this account
$25
$25
N/A
Early Withdrawal Penalty may apply.
See Deposit Account Disclosure booklet
for details.
N/A
Early Withdrawal Penalty may apply.
See Deposit Account Disclosure
booklet for details.
Federal regulations require that all money market and savings accounts be strictly limited to a total of no more than six (6) transactions by check, draft, debit card, or similar order
payable to third parties and/or pre-authorized, automatic or telephone transfers from the account either to a third party or to a another account (includes Online Banking transfers) per
statement period, for money market accounts, or calendar month, for savings accounts. For each such transaction in excess of six (6), an Excess Withdrawal Fee will be charged,
regardless of the account balance, other fees, or type of withdrawal. There is no limit to the number of withdrawals paid directly to you by mail, messenger, ATM, or in person.
Excess Withdrawal Fee
IRA Annual Fee
IRA Transfer or Closing Fee
Other Charges
$15 each
N/A
N/A
$15 each
N/A
N/A
N/A
N/A
N/A
See Schedule of Fees and Charges for Personal Deposit Accounts for other fees that may apply.
N/A
$12 per plan
$25 per plan
1 Additional deposits into an Add-On IRA will earn the interest rate that was in effect when the account was opened or renewed. Additional deposits of $100 or more can be added at any time.
2 If there are not sufficient funds in your checking account to complete a scheduled transfer, such as an Auto-Save, to your savings or money market account, no transfer will occur, even if you have available overdraft protection for your checking
account through Savings Overdraft Protection and/or Gold Line. This means that if your savings or money market account monthly service charge would have been waived as a result of an eligible Auto-Save or recurring transfer from your checking
account, you may incur a monthly service charge for that statement cycle.
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Page 5 of 10
Member FDIC
ATM and Debit Card Transaction Types and Limitations
ATM Withdrawals and Transfers1
Point-of-Sale Transactions
Cash Advances2
Card Type
Frequency
Dollar Amount Limitations3
Frequency
Dollar Amount Limitations3
Frequency
Dollar Amount Limitations3
ATM Card
Unlimited
Up to $500 per day
N/A
N/A
N/A
N/A
Unlimited
Up to $1,000 per day
Up to 30 merchant
transactions per day
Up to $5,000 worth of goods and
services per day
Unlimited
Up to $1,000 per day
Unlimited
Up to $500 per day
Up to 30 merchant
transactions per day
Up to $3,500 worth of goods and
services per day
Unlimited
Up to $1,000 per day
Debit Card – Signature Checking
All Other Debit Cards4
1 Dollar amount limitation on non-Bank of the West ATM transactions includes any fees imposed by the ATM owner
2 Using your Debit Card to obtain cash from other financial institutions using the MasterCard® Network
3 Subject to funds availability
4 Except Bank of the West Premier Debit Card. Refer to the Bank of the West Premier Program Addendum to the Deposit Account Disclosure and Schedule of Fees and Charges for transaction types and limitations
applicable to the Bank of the West Premier Debit Card.
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Page 6 of 10
Member FDIC
Addendum to the Deposit Account Disclosure for Personal Accounts (All States1)
Effective April 11, 2014
The following information reflects a change to your current applicable Deposit Account Disclosure for Personal Accounts (“Booklet”). This addendum, together with the applicable Schedule of Fees and
Charges for Personal Accounts, the Booklet, current Rate Sheet, your Signature Card and any other addenda that may have been provided to you with reference to your deposit account(s) at account
opening or subsequently, form the agreement between you and the Bank. Except as expressly stated below, all other terms and conditions in our agreement with you continue in full force and effect. We
reserve the right to amend or discontinue any product offering at any time. Fees and charges are also subject to change.
Revised April 11, 2014
Standard Overdraft Practices
The “Standard Overdraft practices” section in the Booklet has been replaced, in its entirety, with clarifying changes identified in bold, as follows:
We may choose, at our discretion, to assist you with an unplanned or occasional overdraft, to pay checks, ACH, recurring debit card transactions, and other items drawn on your account and charge
an Overdraft Fee when your account does not have sufficient funds to cover these items. Whether we will pay a particular item is decided by the bank, at our sole discretion, by evaluating a number of
factors relating to your account. Generally, we will not authorize and pay overdrafts for ATM transactions and everyday debit card transactions, unless you have authorized us to do so (Refer to Debit
Card Overdraft Services below).
If you do not want us to pay checks, ACH, or recurring debit card transactions when doing so will overdraw your account, please contact your local branch or call our Contact Center at
800-488-2265 and request to opt out of our Standard Overdraft Practice. Your choice to opt out will become effective within two (2) business days of your request. Even if we do not pay an item,
you will incur a Returned Item Fee if an item is returned for insufficient funds. (There still may be times when an item is paid, an overdraft occurs, and an Overdraft Fee is charged.)
The dishonoring of a check, ACH, recurring debit card transaction and other items drawn on your account could result in additional fees or other consequences imposed under your agreement with the
payee or by law.
We offer Overdraft Protection programs, such as Gold Line (line of credit) and Savings Overdraft Protection, which may be less expensive than our standard overdraft practices. Refer to
the Schedule of Fees and Charges for the applicable fees for these programs.
We disclose on your periodic bank statement the total amount of Overdraft and Returned item fees you incurred per statement period and year-to-date. You can help avoid returned item
and overdraft fees by maintaining a record of your deposits and withdrawals by check, recurring payments and debit card and ATM transactions.
Debit Card Overdraft Services
The Bank may not charge an Overdraft Fee to your checking or money market account for paying ATM or everyday debit card transactions against insufficient available funds unless you
have signed up for our Debit Card Overdraft Service.
The Debit Card Overdraft Service is a service whereby the Bank may, at our discretion, authorize and pay ATM and everyday debit card transactions against insufficient available funds. Signing up for
Debit Card Overdraft Service does not guarantee that the Bank will pay any ATM or everyday debit card transaction, when your account has insufficient available funds. If you sign up for Debit Card
Overdraft Service, an Overdraft Fee will be imposed when the Bank pays overdrafts on ATM transactions and everyday debit card transactions. You have the right to cancel your Debit Card Overdraft
Service at any time. When you sign up for or cancel Debit Card Overdraft Service, your choice will become effective within two (2) business days of your taking action. You will receive a notice
confirming your choice. The Bank reserves the right to amend or terminate Debit Card Overdraft Service or your participation in Debit Card Overdraft Service without notice at any time. Additionally, there
may be certain instances where checking accounts are not eligible for Debit Card Overdraft Service.
1
In South Dakota, Bank of the West operates under the name of Bank of the West California.
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Page 7 of 10
Member FDIC
Effective March 12, 2012
Special Rules for New Accounts
The following paragraphs amend the “Special Rules for New Accounts” section in the Booklet in its entirety:
If you are a new customer, the following special rules will apply during the first thirty (30) days your new account is open.
Funds from electronic deposits and wire transfers to your account will be available on the day we receive the deposit. Funds from deposits of cash, and the first $5,000 of a day’s total deposit of
cashier’s, certified, teller’s, travelers, 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. 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 your deposit.
Funds from all other check deposits will be available on the ninth business day after the day of deposit.
Effective December 16, 2012
Withdrawals; Early Withdrawal Penalties
The “Withdrawals; Early Withdrawal Penalties” section in the Booklet has been replaced, in its entirety, with changes identified in bold, as follows:
Interest which has been reinvested may be withdrawn without penalty at any time, if the account term and interest rate have not changed since the reinvestment.
Additional withdrawals without penalty are permitted at maturity for automatically renewable certificates of deposit, during the ten (10) calendar day grace period (one [1] calendar day grace period for 731-day terms), upon a depositor’s death or mental incapacity, or for IRA account holders who are totally disabled or over 59. Withdrawals at any other time may be permitted at the Bank’s discretion and
may be subject to interest penalties. Accounts closed during the grace period will forfeit any interest that accrued during the grace period.
The penalty assessed may reduce the balance remaining on your account after the withdrawal. For terms of 7-31 days and 60 months+, the penalty is calculated at the interest rate in effect on the
account at the time of the withdrawal. The penalties on the amount withdrawn are:
Term
7 – 31 Days
32 Days – 11 Months
12 – 59 Months
60 Months or longer
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Penalty
$25 + 31 days simple interest
$25 + 1% of the amount withdrawn
$25 + 3% of the amount withdrawn
730 days simple interest
Page 8 of 10
Member FDIC
Effective January 1, 2013
Dormant Accounts and Escheat
The “Dormant Accounts and Escheat” section in the Booklet has been section has been amended to include the following sentence:
If your savings, checking or money market account reaches a zero dollar balance ($0.00), and maintains that balance for 90 days or more, your account will be closed without notice.
Effective January 26, 2013
ATM and Debit Card Services – General Information
The third paragraph in the “ATM and Debit Card Services - General Information” section in the Booklet has been replaced in its entirety, with changes identified in bold, as follows:
When you use your Debit Card for POS purchases, you are making a withdrawal from your primary checking account. You must follow the procedures used by the merchant or financial institution for
using your Debit Card or ATM Card. You may be asked to sign a sales slip or other document, or only to provide your account number. Some merchants may assess a fee for this type of transaction.
We are not liable if a merchant or financial institution refuses to accept your Debit Card, ATM Card or Card number. Bank of the West will deduct the amount of your transaction, including any charge
imposed by the merchant or financial institution, from the primary checking account that you designate for this service. When we give authorization to a merchant, we will reserve or place a hold on
funds in your account, generally for three (3) business days, to pay for your purchase. However, for some types of purchases we may place a hold for a longer period. Merchants such
as, but not limited to, car rental companies and hotels may request approval from us for an estimated amount of your purchases since the merchant doesn’t always know the exact amount
of your purchase when they request an authorization. If you do not ultimately use your Debit Card to pay for your purchases or if the actual amount of purchases posted to your account
varies from the estimated amount authorized by us, it is the responsibility of the merchant, not us, to cancel the prior authorization based on the estimated amount. The failure of the
merchant to cancel a prior authorization may result in a temporary reduction of your account balance. And if the authorization is for an amount higher or lower than the actual purchase
amount, the hold may remain on your account even after the actual purchase is paid from your account. The actual purchase amount will be paid from your account whenever the
merchant sends it to us, even if that is after the hold has expired.
Effective May 13, 2013
Combined Statements
The “Combined Statements” section in the Booklet has been replaced in its entirety as follows:
Multiple checking, savings, money market, certificate of deposit and IRA accounts may be automatically combined on one statement if they have the same ownership and mailing address.
Effective November 18, 2013
Check Cashing Fee – Bank of the West Check
The “General Information about Deposit Accounts” section in the Booklet has been amended to add the following:
A per check fee will be charged to Basic Savings-only account holders and non-customers (a non-customer is a person or entity that does not have a Bank of the West deposit account, except minors)
who cash a check drawn on Bank of the West for more than $50 at one of our branches. No fee will be charged for cashing Bank of the West cashier’s checks or Bank of the West checks drawn on any
State government or on the Federal Government.
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Page 9 of 10
Member FDIC
Effective February 7, 2014
Checking, Money Market and Savings Accounts
The “Checking, Money Market and Savings Accounts” section in the Booklet has been amended to add the following:
Gold Line
If you have a Gold Line as overdraft protection for your personal checking account and one (1) or more items are presented for payment against your linked checking account, if funds in
your Gold Line are insufficient to cover any one (1) of the items plus the Loan Advance Fee, no Gold Line transfer will occur.
If one (1) or more items are presented against your checking account and there are enough funds in your Gold Line account to cover one or more of the items plus the Loan Advance Fee,
we will transfer enough to cover as many of the items as possible plus the Loan Advance Fee, up to the remaining amount available in your Gold Line account.
Auto-Save
Auto-Save allows you to increase your savings by having a fixed amount of money regularly transferred from your linked checking account to your Classic Savings Account or Choice Money Market
Savings Account. Linked accounts must have the same ownership. If you make a single monthly transfer of $25 or more, you won’t have to pay the monthly service charge for a Classic Savings
account. If you make a single monthly transfer of $75 or more, you won’t have to pay the monthly service charge for a Choice Money Market Savings account. You can set up the Auto-Save feature at
account opening, or at any time through Online Banking at bankofthewest.com, by calling us at 1-800-488-2265, or by visiting your local branch. If there are not sufficient funds in your checking account
to complete a scheduled transfer, such as an Auto-Save, to your savings or money market account, no transfer will occur, even if you have available overdraft protection for your checking account
through Savings Overdraft Protection and/or Gold Line. This means that if your savings or money market account monthly service charge would have been waived as a result of an eligible Auto-Save or
recurring transfer from your checking account, you may incur a monthly service charge for that statement cycle.
Savings Overdraft Protection
The “Savings Overdraft Protection” section in the Booklet is amended in its entirety:
For our personal checking accounts, we offer optional Savings Overdraft Protection which links your Bank of the West personal savings or money market account to your personal checking account to
help protect your checking account from unplanned or occasional overdrafts. The owner(s) of the checking account must be the same as the owner(s) of the savings or money market account.
If there are not sufficient funds in your checking account to cover the amount of items presented for payment, we will automatically transfer funds from the available balance in your linked savings or
money market account to your checking account. We transfer funds in increments of $50 up to the amount of the overdraft, including any Transfer Fee, up to the amount of the available balance in your
linked savings or money market account. The total of all $50 increments is considered one transfer and we charge a Savings Overdraft Protection Transfer Fee per transfer each day that a transfer
occurs. If your savings or money market account does not have a balance of $50, but there are sufficient funds to cover the overdraft amount and the Transfer Fee, then the entire savings or money
market balance will be transferred into the checking account. If one (1) or more items are presented against your checking account and there are enough funds in your linked savings or money market
account to cover one (1) or more of the items plus the Savings Overdraft Protection Transfer Fee, we will transfer enough to cover as many of the items as possible plus the Transfer Fee, up to the
remaining amount in your savings or money market account.
If you have Savings Overdraft Protection and a transfer occurs to a linked checking account that is overdrawn $5 or less, no Savings Overdraft Protection Transfer Fee will be assessed.
Each transfer counts as one (1) of the six (6) limited transactions you are allowed each calendar month from your savings or statement cycle from your money market account. For a savings account, if
you have already used the six (6) allotted transactions during any calendar month, the overdraft transfer will not occur. For a money market account, if you have already used the six (6) allotted
transactions during any statement cycle, the overdraft transfer may occur and you will be charged the Excess Withdrawal Fee in addition to the Overdraft Protection Transfer Fee.
Funds you deposit into your savings or money market account may not be available immediately for Overdraft Protection.
Savings Overdraft Protection does not cover ATM and everyday debit card transactions as they post to your account throughout the day. Savings Overdraft Protection only covers transactions that post
during nightly batch. Accordingly, if you attempt to make an ATM or everyday debit card transaction against insufficient funds and have not signed up for Debit Card Overdraft Service (See Debit Card
Overdraft Services information), then the transaction will be declined even if you have Savings Overdraft Protection and there are available funds to transfer from your savings or money market account
to cover the transaction.
Form # 030-18685 (Rev 10/17/2014) WY © 2014 Bank of the West.
Page 10 of 10
Member FDIC