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Foresight Bank
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Advance Checking Disclosure

FREE BANKING FEATURES
Online Banking: You may enroll in Foresight Bank's online banking application ("iBanking") by clicking here. There is no fee to enroll in or to use iBanking.
Online Bill Pay: This account does not have any fees for unlimited transactions.
Electronic Statements: You may receive electronic statements ("eStatements") without any charge.
No Minimum Balance Requirements: This account does not have any minimum balance fees or requirements.
SERVICE CHARGE
Maintenance Fee: $5.00 per monthly statement cycle. This maintenance fee is waived if you receive electronic statements ("eStatements").
Debit Item Charge: $0.10 per debit item. A "debit item" is a check paid, in-person withdrawal, ATM withdrawal, automatic transfer, or any other payment out of this account. A "debit item" does not include an iBanking transfer, ACH payment, or debit card transaction. For purposes of this disclosure, the sum of the maintenance fee plus the debit item fee is referred to as the "service charge."
COLLECTED BALANCE CREDIT
Credit for average collected balance: You will receive a credit of $0.10 per $100.00 of average collected balance in your account during each monthly statement cycle. This credit for average collected balance may not exceed the service charge during the same monthly statement cycle. The average collected balance is calculated by adding the collected balance for each day in the period and dividing that figure by the number of days in the period. The collected balance is calculated by subtracting uncollected checks from the ledger balance. An "uncollected check" is a check drawn on another bank for which Foresight Bank has not received final credit. The ledger balance equals all credits minus all debits that have posted to your account.

Sample Service Charge Calculation:

Maintenance Fee    $5.00

Debit Item Fee      $3.00  Assumes 30 Checks

Average Collected Balance Credit   $8.00  Assumes $8,000 Average Collected Balance

Net Service Charge       $0.00

TERMS AND CONDITIONS
Minimum balance to open: The minimum balance required to open this account is $20.00.
Deposit limitations: You may make an unlimited number of deposits into your account.
Ready Reserve Line of Credit: If you have a Ready Reserve line of credit, available credit will not be included in your available balance disclosed at the ATM. If you access your line of credit when making a purchase or ATM withdrawal, you will be subject to the terms and conditions (including fees and interest) noted in your Ready Reserve agreement.
Modification: Foresight Bank may make changes to the account terms and conditions (including fees) after providing 30 days' advance notice to you. The interest rate and annual percentage yield may change without any advance notice.
Other Terms and Conditions: Please see the Deposit Account Agreement for other important terms and conditions that apply to this account.
FEES THAT MAY BE ASSESSED AGAINST YOUR ACCOUNT, AS APPLICABLE

The following fees and charges apply to this account:

Paper Statement Fee: $5.00 per month. This fee is waived if you received electronic statements ("eStatements"). An iBanking account is required in order to receive eStatements.
Debit Item Charge: $0.10 per debit item. A "debit item" is a check paid, in-person withdrawal, ATM withdrawal, automatic transfer, or any other payment out of this account. A "debit item" does not include an iBanking transfer, ACH payment, or debit card transaction.
Transit Fee: A "transit" item is a check not drawn on Foresight Bank that is deposited to this account. If you have more than 200 transit items in a monthly statement cycle, a fee of $0.20 per item will be charged for each transit item over 200.
 
See the Fee Schedule for additional fees that may be assessed against your account.
 
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