Last Updated: 11/1/23
A Clear and Concise Guide to the
POWER CHECKING ACCOUNT
This Clear and Concise Guide serves as the Truth-in-Savings disclosure for the Power Checking Account. The Clear and Concise Guide as well as
the Deposit Agreement are the governing terms of the Power Checking Account we offer.
BASIC TERMS AND CONDITIONS
“Bank”, “we”, “us” and “our” means First National Bank Texas (FNBT), or First Convenience Bank (FCB), a division of First National Bank Texas or
First Heroes National Bank (FHNB), a division of First National Bank Texas.
ACCOUNT
OPENING
AND
USAGE
Minimum Deposit Needed to Open Account
$0
In person or Online
Monthly Maintenance Fee
$12
(no Fee if you are 60 or older)
Requirements to Waive Monthly
Maintenance Fee
(No Monthly Maintenance Fee if you do one
of the following each statement cycle)
• Maintain a balance of $250 or more each day, or
• Have a total of $250 in monthly deposits reflect on your monthly statement
(Internal transfers from other FNBT / FCB or FHNB accounts, Internet Banking
transfers, and refunds from the Bank do not qualify as deposits for waiving
the Monthly Maintenance Fee), or
• Complete at least 12 debit card purchases that reflect on your monthly
statement. (ATM transactions do not count towards the 12 debit card
purchases)
• No Monthly Maintenance Fee if you are age 60 or older
ATM Transactions on any Gold Key® ATM
FREE
Withdrawals, inquiries, and transfers
ATM Transactions on any Non-Gold Key® ATM
$2.50
Each withdrawal, inquiry or transfer
Additional fees may be charged by the ATM’s owner/operator
Non-Sufficient Funds (NSF) Fee
$17
See OVERDRAFT RELATED FEES for when this Fee may be charged
Overdraft Fee
$34
See OVERDRAFT RELATED FEES for when this Fee may be charged
Negative Balance Fee
$34
See OVERDRAFT RELATED FEES for when this Fee may be charged
AccountTRANSFER Overdraft Protection
Transfer Fee
FREE
E-Statement Fee
FREE
Paper Statement Fee
$2
Enroll in E-Statements to avoid the Paper Statement Fee
Other Service and Fees
For more information, see the separate Banking Services/Fee Schedule
Funds Availability
For more information on the availability of funds for withdrawal and deposit
hold policy, refer to the Bank’s Funds Availability Policy
AccountTRANSFER OVERDRAFT PROTECTION PLAN
POSTING ORDER
We offer a contractual agreement for Overdraft protection
through our AccountTRANSFER Overdraft Protection Plan. This
service must be requested and is not automatically available
with your account.
AccountTRANSFER Overdraft Protection allows you to use the
money you put aside in a separate designated “transfer from”
account as protection against Overdrafts in other accounts.
AccountTRANSFER Overdraft Protection transfers are made for
the exact amount required to cover the Overdraft. If your
designated “transfer from” account does not have enough
available funds to cover the necessary amount, we will not
make a transfer and our normal $34 per Item Overdraft, $17 per
Item NSF and $34 Negative Balance Fees apply. We will make
one (1) transfer per day.
AccountTRANSFER Overdraft Protection transfers are allowed
for FNBT/FCB transfers to FNBT/FCB accounts or FHNB transfers
to FHNB accounts. You cannot make an AccountTRANSFER
Overdraft Protection transfer from a FNBT/FCB account to a
FHNB account or from a FHNB account to a FNBT/FCB account.
We start with the account balance in your account at the beginning of the
banking day, subtract holds from your account balance and make any
adjustments from prior days. Next, we add credits and then subtract debits
from your account balance. The following is a summary of how we generally
post Items and examples of some of our categories and the more common
transactions we assign to each category.
• First, your deposits and credits are added to your account balance.
• Then, withdrawals made at our teller windows, transfers made with our
24-Hour Personal Account Line, online and mobile banking systems,
online and mobile banking bill payments and outgoing wire transfers are
subtracted from your account balance in lowest to highest dollar
amount.
• Then, card transactions and ATM transactions are subtracted from your
account balance in date and time order.
• Then, ACH debits without a check number are subtracted from your
account balance before other checks you wrote with a check number, in
lowest to highest dollar amount. When we receive a check number,
checks will be subtracted from your account balance in sequential check
number order.
• Finally, most Fees and service charges in lowest to highest dollar
amount.
Keep in mind that we may process transactions in a different order than you
made them. This may impact the total amount of Fees you incur per banking
day. For more information on the Bank’s posting order, refer to the Deposit
Agreement section, “Processing Transactions and Posting Orders.”
Last Updated: 11/1/23
OVERDRAFTS AND OVERDRAFT RELATED FEES
An Overdraft occurs when you do not have enough money in your account to cover a transaction(s), but the Bank pays it anyway.
The Bank pays overdrafts at our discretion, which means we do not guarantee we will always authorize and pay any type of Item.
Non-Sufficient
Funds (NSF) Fee
$17
Per Item we return unpaid because you do not have enough money in your
account to cover the Item.
If an Item is presented more than once for payment, we will charge you an NSF
Fee each time we return the Item.
We will not charge an NSF Fee:
• If an Item is presented more than once for payment, and the Item is a paper
check or the merchant identifies a re-presented ACH Item with a description
of “RETRY PYMT” or “REDEPCHECK,” or;
• If the Item(s) we return is $5 or less.
Additional merchant Fees may apply
Maximum Number of NSF Fees per Day
2
We will not charge more than two (2) NSF Fees in a single Banking Day.
Maximum Number of NSF Fees per
Calendar Month
10
We will limit the number of per Item NSF Fees we charge to ten (10) per calendar
month.
Overdraft Fee
$34
Per Item we pay even though you do not have enough money in your account.
If an Item was previously returned as insufficient, we will charge an Overdraft Fee
if we pay the Item into the Overdraft upon re-presentment, unless the Item is a
paper check, or the merchant Identifies the re-presented ACH Item with a
description of “RETRY PYMT” or “REDEPCHECK.”
We will not charge an Overdraft Fee:
• on individual Overdraft Items of $5 or less or;
• if the account is not overdrawn by more than $25, including Fees.
Maximum Number of Overdraft Fees per
Day
2
We will not charge more than two (2) Overdraft Fees in a single Banking Day.
Maximum Number of Overdraft Fees per
Calendar Month
10
We will limit the number of per Item Overdraft Fees we charge to ten (10) per
calendar month.
Negative
Balance Fee
$34
If your account is negative for seven (7) consecutive Banking Days, we will charge
you a Negative Balance Fee.
We will waive this Fee if on the seventh (7th) day your account is overdrawn $100
or less.
Maximum Number of Negative Balance
Fees per Calendar Month
2
We will not charge you more than two (2) Negative Balance Fees in a calendar
month.
One Day Rewind
This service provides you the opportunity to have Overdraft Fees assessed, on the prior
Banking Day, refunded if you resolve your overdrawn balance the next Banking Day. Refer to
your One Day Rewind disclosure for full details on this service.
Banking Day
A “Banking Day” is every day except Easter Sunday, Thanksgiving Day and Christmas Day.
Refer to your Deposit Agreement and the What You Need to Know About Overdrafts and Overdraft Fees, disclosure for an explanation of the
Bank’s standard Overdraft practices.
Last Updated: 11/1/23
Payment of Certain Items: Because the Bank is legally obligated to pay certain Items, your account may become overdrawn even if you do not
authorize us to pay Items into the Overdraft. If the Bank pays this type of Item, and it causes your account to become overdrawn, your account
will be subject to the Overdraft Related Fees in the section above.
The Bank does not authorize and pay Overdrafts for the following types of transactions unless you ask us to:
• ATM transactions
• Everyday debit card transactions
OVERDRAFT ELECTIONS
AVAILABLE
You must
request this
Items you want the Bank to authorize and
pay into the Overdraft
1
Overdraft Related Fees that may be charged on
your account
1
The Bank pays overdrafts at our discretion, which means we do not guarantee we will always authorize and pay any type of Item
Standard
NO
Check(s)
ACH Items
Bill Payment(s)
NSF Fee
Overdraft Fee*
Negative Balance Fee
Opt-Out Election
(No Overdraft)
YES
NONE
NSF Fee
Overdraft Fee*
Negative Balance Fee
Opt-In Election
YES
ATM
Everyday Debit Card Transactions
Check(s)
ACH Items
Bill Payment(s)
NSF Fee
Overdraft Fee
Negative Balance Fee
*Subject to Payment of Certain Items. Please be advised that different or more favorable deposit and lending products may be available at
FHNB-branded branches or at www.fhnb.com.