Associated Bank Checking Products Disclosure and Fee Schedule

Comprehensive practice flashcards detailing fee schedules, relationship tiers, funds availability, ATM policies, wire transfer rates, and account parameters for Associated Choice, Balanced, and Access Checking accounts.

What are the minimum opening deposit and monthly maintenance fee for an Associated Choice Checking account?

The minimum opening deposit is $\$100$ and the monthly maintenance fee is $\$25$.

What are the qualifications to avoid the $\$25$ monthly maintenance fee on an Associated Choice Checking account?

Hold $\$10,000$ in combined deposit accounts with the same statement cycle date, have an active Health Savings Account (HSA), or maintain an Associated Investment Services (AIS) investment account (including annuities, mutual funds, and brokerage accounts).

How many additional deposit accounts can be linked to an Associated Choice Checking account without incurring monthly maintenance fees?

Up to $4$ deposit accounts, including the checking account itself.

How is interest earned and paid on an Associated Choice Checking account?

It earns tiered interest rates that are paid on the daily collected balance.

After what period of inactivity will an Associated Choice Checking or Balanced Checking account with a positive balance become dormant?

After $12\text{ months}$ with no transactions (withdrawals or deposits).

What are the Qualifying Relationship Balance thresholds for each of the four Choice Checking Benefit Tiers?

Choice Checking: Under $\$50,000$; Platinum Choice: $\$50,000$ to $\$249,999.99$; Emerald Choice: $\$250,000+$; Emerald Private Choice: $\$500,000+$ plus an open and eligible Investment account.

What are the Overdraft Grace Zone limits across the Choice Checking Benefit Tiers?

Choice Checking: $\$50$ or less; Platinum Choice: $\$100$ or less; Emerald Choice: $\$250$ or less; Emerald Private Choice: No Overdraft Fees.

How does Reserve Rewards+ credit card annual membership fee reimbursement differ between Emerald Choice and Emerald Private Choice tiers?

Emerald Choice receives reimbursement for the first qualified year, whereas Emerald Private Choice receives reimbursement every year.

What conditions trigger a downward tier reassignment for an existing Choice Checking account holder?

A customer is moved down if their Monthly Average Relationship Balance falls below their current Benefit Tier for $3$ consecutive calendar months.

What are the minimum opening deposit, monthly maintenance fee, and minimum balance requirement for Associated Balanced Checking?

The minimum opening deposit is $\$100$, the monthly maintenance fee is $\$9$, and the minimum balance requirement is $\$1,000$.

How can an account holder avoid the $\$9$ monthly maintenance fee on an Associated Balanced Checking account?

Maintain a daily balance of $\$1,000$, receive direct deposits or mobile deposits totaling $\$500$ or more per statement cycle, hold $\$2,500$ in combined deposit accounts with the same statement cycle date, or maintain an HSA or AIS investment account.

What is the monthly paper statement fee for Associated Balanced Checking and Access Checking accounts, and who is exempt under Balanced Checking?

The fee is $\$4$ per month per account; customers aged $65$ and above are exempt from this fee on Balanced Checking accounts.

What are the minimum opening deposit, monthly maintenance fee, and minimum balance requirement for Associated Access Checking?

The minimum opening deposit is $\$25$, the monthly maintenance fee is $\$0$, and there is no minimum balance requirement.

How long does it take for an inactive Associated Access Checking account with a positive balance to become dormant?

After $6\text{ months}$ with no transactions (withdrawals or deposits).

What fee does Associated Bank charge for out-of-network ATM withdrawals on Balanced Checking and Access Checking accounts versus Choice Checking?

Balanced and Access Checking incur an Associated Bank fee of $\$3.50$ per withdrawal, whereas Choice Checking incurs no fee from Associated Bank and includes $2$ owner fee refunds per cycle (up to $\$20$).

When are deposits of cash, electronic direct deposits, and checks drawn on Associated Bank made available for withdrawal?

They are available for withdrawal immediately.

What is the general availability schedule for checks drawn on other banks and for deposits made at nonproprietary ATMs?

Checks drawn on other banks are available on the next business day, while deposits made at nonproprietary ATMs are available by the fifth business day after the day of deposit.

What is the cut-off time for ATM deposits to be considered received on the current business day?

ATM deposits made after $6:30\text{ p.m. CT}$ are considered received on the next business day.

What are the fees for expedited Digital Banking bill pay services (same-day and overnight)?

Same-day bill pay costs $\$9.95$ per transaction, and overnight bill pay check payments cost $\$15.95$ per transaction.

What is the fee for international ATM withdrawals and debit card purchases across all three accounts?

$3\%$ of the transaction amount.

What do customers pay for cashier’s checks and money orders under Choice Checking compared to Balanced and Access Checking?

Choice Checking customers receive both at no charge; Balanced and Access Checking customers pay $\$8$ each for cashier’s checks and $\$5$ each for money orders.

What are the bank charges for legal processing requests and stop payment orders?

Legal processing (garnishments, levies, liens, and citations) is $\$100$ per request, and stop payment is $\$35$ per item or range of items.

What are the Associated Bank fees for safe deposit box drilling, replacement keys, and late rental payments?

Drilling fee is $\$225$ per occurrence, replacement key is $\$25$ each, and late fee is $\$20$ (assessed once, $30\text{ days}$ past due).

What are the customer fees for domestic incoming and standard outgoing wire transfers?

Domestic incoming wires cost $\$15$ each, and domestic outgoing customer wires cost $\$25$ each (or $\$28$ if branch-created).

How do BEN SWIFT, OUR SWIFT, and FULL SWIFT international outgoing wire charges differ regarding fee deductions?

In BEN SWIFT, downstream and correspondent fees are deducted from the wire proceeds; in OUR SWIFT, correspondent fees are paid by sender but downstream fees may be deducted; in FULL SWIFT, the initiator pays all correspondent and downstream charges so no fees are deducted from receiver proceeds.

What are the standard customer fees for outgoing international wire transfers under BEN SWIFT, OUR SWIFT, and FULL SWIFT?

BEN SWIFT is $\$45$ ($\$50$ branch-created), OUR SWIFT is $\$60$ ($\$65$ branch-created), and FULL SWIFT is $\$85$ ($\$90$ branch-created).

What delivery fees apply when ordering foreign currency to an Associated Bank branch location?

Standard (two-day) delivery is $\$8$ per order, overnight is $\$10$ per order, and priority delivery is $\$15$ per order (in addition to a $\$15$ special order fee).