Common use of Examining Your Statement Clause in Contracts

Examining Your Statement. You are in the best position to discover a forged, unauthorized or missing signature or endorsement; a material alteration; or a missing or diverted deposit or any other error or discrepancy relating to a check, deposit or other credit or debit entry to your account. Therefore, you should review your account statements for accuracy as soon as you receive them. Statements, including check images, will be deemed to correctly reflect all transactions posted to the account during the statement period unless you notify the Bank of an error or unauthorized transaction item or debit within 30 days after the statement date (60 days for an electronic transaction error). You may provide notice to the Bank in writing at 000 Xxxxx Xxxxxx, Xxxxx, XX 00000, or by calling (000) 000-0000 or (000) 000-0000. If you call to report an error or unauthorized transaction, we may require that you confirm your notification in writing. Any written notice you send to the Bank will not be effective until receipt. Inactive and Abandoned Accounts We are legally required to send funds from all “abandoned” accounts to the state treasurer’s office. The applicable state law under which abandonment is determined (and the state to which abandoned funds are sent) is usually the state listed in the address you have specified for the account. Typically, an account is considered abandoned when there has been no customer-initiated activity for the period of years specified in the state law and no contact by the customer during that time. Since abandonment is determined based on customer-initiated activity, actions by the Bank (such as paying interest or sending notices) do not keep an account from being deemed abandoned. We will attempt to notify you in writing at least 60 days prior to turning over the account to the state. Such notification will include instructions on how you may prevent remittance of the funds to the state. After we turn abandoned funds over to the state, we have no further liability to you for the funds. You may be able to reclaim the funds by filing an application with the appropriate state agency Unless prohibited by applicable law, we may charge an abandoned property administrative fee to your account to cover our costs of sending notices, processing the account, and remitting the funds to the state. Even if the time period for abandonment has not passed, if we consider your account to be inactive, we may stop sending statements, charge your account inactivity fees, and otherwise suspend activity on your account until you contact the Bank to reactivate the account. (Refer to our Fee Schedule.) Fees and Charges Your account will be subject to service charges and fees as set forth in our Consumer Banking Fee Schedule. A then current Fee Schedule will be provided at account opening and a current schedule is available at any of our branches. You may request a copy at any time in person, by phoning the Bank, or on the Bank’s website, xxxxxxxxx.xxx. Any fees may be deducted against funds already or later on deposit, including deposits of Social Security or other benefits. Fees and service charges may change from time to time.

Examining Your Statement. You are in the best position to discover a forged, unauthorized or missing signature or endorsement; a material alteration; or a missing or diverted deposit or any other error or discrepancy relating to a check, deposit or other credit or debit entry to your account. Therefore, you should review your account statements state- ments for accuracy as soon as you receive them. Statements, including check images, will be deemed to correctly reflect all transactions posted to the account during the statement period unless you notify the Bank of an error or unauthorized transaction item or debit within 30 days after the statement date (60 days for an electronic transaction error). You may provide pro- vide notice to the Bank in writing at 000 Xxxxx Xxxxxx, Xxxxx, XX 00000, or by calling (000) 000-0000 or (000) 000-0000. If you call to report an error or unauthorized transaction, we may require that you confirm your notification in writing. Any written writ- ten notice you send to the Bank will not be effective until receipt. Inactive and Abandoned Accounts We are legally required Massachusetts law requires that any account which remains inactive for a period of 3 years or longer is to send funds from all “abandoned” accounts be considered abandoned property, and must be turned over to the state treasurer’s office. The applicable state law under which abandonment is determined (and the state to which abandoned funds are sent) is usually the state listed in the address you have specified for the account. Typically, an account is considered abandoned when there has been no customer-initiated activity for the period of years specified in the state law and no contact by the customer during that time. Since abandonment is determined based on customer-initiated activity, actions by the Bank (such as paying interest or sending notices) do not keep an account from being deemed abandonedCommonwealth. We will attempt to notify you in writing at least 60 days prior to turning over the account to the state. Such notification will include instructions on how you may prevent pre- vent remittance of the funds to the state. After we turn abandoned funds over to the state, we have no further liability to you A fee may be charged for the funds. You may be able to reclaim the funds by filing an application with the appropriate state agency Unless prohibited by applicable law, we may charge an abandoned processing of unclaimed property administrative fee to your account to cover our costs of sending notices, processing the account, and remitting the funds to the state. Even if The Bank reserves the time right to service charge any account that remains inactive for a period for abandonment has not passed, if we consider your account to be inactive, we may stop sending statements, charge your account inactivity fees, and otherwise suspend activity on your account until you contact the Bank to reactivate the accountof 12 months. (Refer to our Fee Schedule.) Fees and Charges Your account will be subject to service charges and fees as set forth in our Consumer Banking Fee Schedule. A then current Fee Schedule will be provided at account opening and a current cur- rent schedule is available at any of our branches. You may request a copy at any time in person, person or by phoning the Bank, or on the Bank’s website, xxxxxxxxx.xxx. Any fees may be deducted against funds already or later on deposit, including deposits of Social Security or other benefits. Fees and service charges may change from time to time.

Examining Your Statement. You are in the best position to discover a forged, unauthorized or missing signature or endorsement; a material alteration; or a missing or diverted deposit or any other error or discrepancy relating to a check, deposit or other credit or debit entry to your account. Therefore, you should review your account statements for accuracy as soon as you receive them. Statements, including check images, will be deemed to correctly reflect all transactions posted to the account during the statement period unless you notify the Bank of an error or unauthorized transaction item or debit within 30 days after the statement date (60 days for an electronic transaction error). You may provide notice to the Bank in writing at 000 Xxxxx Xxxxxx, Xxxxx, XX 00000, or by calling (000) 000-0000 or (000) 000-0000. If you call to report an error or unauthorized transaction, we may require that you confirm your notification in writing. Any written notice you send to the Bank will not be effective until receipt. Inactive and Abandoned Accounts We are legally required Massachusetts law requires that any account which remains inactive for a period of 3 years or longer is to send funds from all “abandoned” accounts be considered abandoned property, and must be turned over to the state treasurer’s office. The applicable state law under which abandonment is determined (and the state to which abandoned funds are sent) is usually the state listed in the address you have specified for the account. Typically, an account is considered abandoned when there has been no customer-initiated activity for the period of years specified in the state law and no contact by the customer during that time. Since abandonment is determined based on customer-initiated activity, actions by the Bank (such as paying interest or sending notices) do not keep an account from being deemed abandonedCommonwealth. We will attempt to notify you in writing at least 60 days prior to turning over the account to the state. Such notification will include instructions on how you may prevent remittance of the funds to the state. After we turn abandoned funds over to the state, we have no further liability to you A fee may be charged for the funds. You may be able to reclaim the funds by filing an application with the appropriate state agency Unless prohibited by applicable law, we may charge an abandoned processing of unclaimed property administrative fee to your account to cover our costs of sending notices, processing the account, and remitting the funds to the state. Even if The Bank reserves the time right to service charge any account that remains inactive for a period for abandonment has not passed, if we consider your account to be inactive, we may stop sending statements, charge your account inactivity fees, and otherwise suspend activity on your account until you contact the Bank to reactivate the accountof 12 months. (Refer to our Fee Schedule.) Fees and Charges Your account will be subject to service charges and fees as set forth in our Consumer Banking Fee Schedule. A then current Fee Schedule will be provided at account opening and a current schedule is available at any of our branches. You may request a copy at any time in person, person or by phoning the Bank, or on the Bank’s website, xxxxxxxxx.xxx. Any fees may be deducted against funds already or later on deposit, including deposits of Social Security or other benefits. Fees and service charges may change from time to time.