Personal Checking

Agreement – It is agreed that this account is opened subject to the Bylaws and Regulations of the bank and to such amendments, alterations and additions as may hereafter be made.

Non-Transferable – This account is non-transferable and non-assignable in whole or in part except on the books of the bank.

Interest – This is a Non-interest bearing account.

Minimum balance to open the account – You must deposit $25.00 to open this account. No minimum balance is required to maintain this account.

Monthly Fee – A monthly service fee of $7.95 will be imposed each statement cycle.

Additional Terms – Fees for other services associated with this account may apply and are outlined on our "Common Features" brochure.

Overdraft fee – This fee applies to overdrafts created by check, in person withdrawal, ATM withdrawal, or other electronic means. Transactions may not be processed in the order in which they occurred. The order in which transactions are received and processed can affect the amount of overdraft fees incurred.

Includes: On-Line Banking and Bill Payment

The Collinsville Savings Society Money Market Account is the flexible and secure way to have access to your money and earn higher rates. Transfers from a money market account to another account or a third-party by preauthorized, automatic, telephone transfers, check or draft are limited to six per statement cycle. With our Money Market Account, the monthly interest we pay is based on the average monthly balance. Rate tiers are set for balances of $.00 to $999.99, $1,000.00 to $9,999.99 and $10,000.00 and up. Because interest rates may change at any time, please contact the Bank for current rates.

Rather than automatically returning unpaid all insufficient funds items that you may have, we offer Overdraft Protection.

With your written authorization, we will transfer funds from a designated checking, savings or money market account to cover the exact amount of the overdraft on your checking account.

A $5.00 fee will be assessed for each transfer to the account from which the funds are transferred.

If you have questions concerning Overdraft Protection, please contact a Service Representative at 860-693-6936.

Have you ever:

• Made a mistake in your checkbook?
• Forgot to record a deposit? A purchase? A withdrawal? A check order?
• Had to “guess” at what transactions a joint owner has made?
• Had a transaction denied or turned down at checkout?
• Had the embarrassment and expense of a returned check?

Rather than automatically returning unpaid all insufficient funds items that you may have, we will consider payment of your overdrafts up to your assigned Overdraft Privilege limit. Limits of $800.00 for personal accounts and $1,500.00 for business accounts will be considered.

The Bank's normal overdraft charge ($25.00) will apply to each item overdrawing an account. However, you have the comfort of knowing that your checks may be paid and not be returned.

With some exceptions, most of our checking account types are eligible for this service.

If you do not use the Overdraft Privilege Service, it costs you nothing!