CONSUMER DEPOSIT ACCOUNT CONTRACTConsumer Deposit Account Contract • March 14th, 2023
In this portion of this Agreement, “you” and “your” refer to anyone who signs the signature card for any deposit account, as well as any person or entity on whose behalf the account is opened. “We,” “us,” and “our” refer to Essex Savings Bank. “Check” means a check or other noncash item that we handle for collection or payment (other than an electronic fund transfer or wire transfer). Except as otherwise provided in this Agreement or as otherwise defined in applicable law, “banking day” means every day, except Saturdays, Sundays and federal holidays. "Debit items," "debit," or "debits" refer to items and transactions that are drawn against your account. Common types of debit items may include checks or drafts that you have written, ACH payments, wire transfers, PIN-based debit card transactions, and signature-based debit card transactions.
