Mound City Bank Online -- Business Banking Deposit

*Transaction Limitations – Transfers from a Savings or MMIA account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer, are limited to six per statement cycle with no more than three by check, draft, debit card, online bill payment, or similar order to third parties.

•Unlimited withdrawals or transfers allowed in person or at ATM

Statement Only Account

Account analysis feature includes the following fees and services applied ONLY with the Business Checking Account and Business Checking with Interest accounts which may be offset by Earnings Credit.

Debits- per item: (Including checks, automatic payments, transfers, etc.)		$0.12
Deposited Items: Mound City Bank - on us 7th Federal District Items All other debits Rejected items	Pre-encoded $0.00 $0.03 $0.07 $0.10	Un-encoded $0.00 $0.035 $0.08 $0.00
Deposited Items Returned: Re-deposited items Charged back to account Held as cash item		$3.00 $5.00 $5.00
Account Reconciliation: (per item) Minimum Fee		$0.028 $10.00
Coin & Currency: Per roll of coin Per strap of currency		$0.10 $0.20
CD Rom Per Monthly Statement		$10.00
Facsimile Service: International fax Per page		$15.00 $1.00
Fine Sorting - per item:		$0.015
Negative Collected Balance Fee:		Prime + 1%
Wire Transfers: Incoming/Outgoing International - Outgoing		$15.00 $40.00

The following fees and services are applied to Business Checking, Business Checking with Interest,
and Small Business Checking and are not offset by Earnings Credit.

ACH Origination – Per File Transmission Setup Fee ACH Return – Per Item ACH NOC – Per Item ACH Late Fee		$15.00 $50.00 $5.00 $1.00 $2.00
Certified Checks		$20.00
Duplicate Statement		$1.00
Endorsement Stamp (minimum of)		$18.00
Garnishment / Tax Levy		$35.00
Money Orders		$4.00
Night Depository Fees With Lock: Each Additional Zipper Bag Each Additional		Free $25.00 Free $5.00
Statement Reconciliation and/or Account Research		20.00/hr
Merchant Services		Available
Remote Deposit Capture		Coming Soon!
Stop Payment Orders		$25.00

HOW DOES EARNINGS CREDIT CALCULATE?
Earnings Credit is calculated based on your average daily collected balance and is equal to the average of the 90 U.S Treasury Bill discount rate as determined by the previous four auction dates.

WHAT IS A COLLECTED BALANCE?
Collected Balance is cash in your account plus deposited checks that have been presented to the bank the check is drawn on and for which payment has actually been received.

HOW DO I FIGURE MY DAILY BALANCE?
Your ending balance each day is the ending balance of the account from the previous day, plus deposits and minus withdrawals made that business day.

HOW IS INTEREST COMPOUNDED?
Interest is compounded and credited monthly to your account at the end of your statement cycle. We use the daily balance method to calculate the interest on your account. This method applies the periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example checks).