Freedom Flex Checking Account Disclosure
This Freedom Flex Checking Account is intended for personal use only. This account has a monthly service fee of $5.00. The monthly service fee is waived if the primary account holder is less than twenty-four (24) years old. It is required that a parent or legal guardian be a joint owner until the primary account holder reaches eighteen (18) years old. Once the primary account owner reaches twenty-four (24) years old, the monthly service fee will be assessed unless Freedom Flex criteria is met.
To qualify for Freedom Flex, the following criteria must be met:
1. Minimum of fifteen (15) posted VISA® Debit Card POS Transactions by the last business day of each month
2. AND one of the following additional criteria:
a) One (1) or more posted Direct Deposit(s) - minimum of $500.00 monthly (cumulative - e.g. could have two (2) that are $250.00 each)
b) Two (2) or more posted Automatic Clearing House (ACH) Debits (excluding electronic checks) monthly
c) Primary owner of a companion Savings or Money Market account with a minimum $1,000.00 daily balance
This account type is limited to one per primary account holder if the account holder is less than twenty-four (24) years old. Those less than twenty-four (24) years old must deposit $5.00 to open the account. All others have a minimum opening deposit of $100.00. To receive paper statements for this account, a service charge of $3.00 per statement cycle will be charged. To receive eStatements and waive the paper statement fee, the account owner must enroll in eStatements using their Online Banking login credentials.
Please see Miscellaneous Fees and Charges for a full list of the associated fees and charges specific to this account.
