Common use of Chapter 167D Accounts Clause in Contracts

Chapter 167D Accounts. If you (a) opened an account at one of our Massachusetts branch locations or (b) are a resident of the Commonwealth of Massachusetts and (c) you, and in the case of a joint account all of your other account owners (except your spouse), are 18 years of age or younger, or if you are age 65 or older you have the right to notify us of your eligibility under the Massachusetts “18/65 law.” If you notify us of this fact, we will not assess fees or charges against one checking account and one savings account (other than a money market account) of your choosing. We may, however, assess these accounts a reasonable charge (as disclosed in your Fee Schedule, as amended from time to time) for any check or item presented when your account has insufficient available funds. We may also deduct certain charges from your account for services (for example, a charge for purchasing money orders). If you do not notify us of your eligibility under this law we will have no obligation to administer your account(s) in this manner.

Chapter 167D Accounts. If you (a) opened an account at one of our Massachusetts branch locations or (b) are a resident of the Commonwealth of Massachusetts and (c) you, and in the case of a joint account account, all of your other account owners (except your spouse), are 18 years of age or younger, or if you are age 65 or older you have the right to notify us of your eligibility under the Massachusetts “18/65 law.” If you notify us of this fact, we will not assess fees or charges against one checking account and one savings account (other than a money market account) of your choosing. We may, however, assess these accounts a reasonable charge (as disclosed in your Fee Schedule, as amended from time to time) for any check or item presented when your account has insufficient available funds. We may also deduct certain charges from your account for services (for example, a charge for purchasing money orders). If you do not notify us of your eligibility under this law we will have no obligation to administer your account(s) in this manner.