Common use of Primary Checking Clause in Contracts

Primary Checking. This is a non-dividend-earning checking account with no minimum balance requirement. The minimum opening deposit is $100. New Generation Checking – This is a non-dividend-earning checking account with no minimum balance requirement that is available only to individuals between the ages of 13 and 17. A parent or other sponsoring adult must be a joint owner. Account holders may request a debit card. Once the account holder reaches 18, the account will be converted to a Primary Checking account. The minimum opening deposit is $25. Fresh Start Checking – This is a non-dividend-earning checking account available to people who have account relationship reports, such as ChexSystems. The minimum opening deposit is $25. Refer to the Consumer Schedule of Fees for the applicable Monthly Service Fee. Members with a Fresh Start Checking Account who have maintained their account in good standing and without overdraft items for twelve (12) months may apply for any of our other checking accounts. Premier Checking Account – This is a dividend-earning checking account. The Annual Percentage Yield is variable and may change without notice. The minimum opening deposit is