Business - Deposit - Disclosures

For additional details about our deposit products, please refer to the Deposit Account Agreement, a current rate sheet and our applicable Account Fee schedule, which are available at any Associated Bank location. Please see the applicable Account Fee schedule for other fees that may apply to your Associated deposit account, including non-sufficient funds, stop payment and other related charges. All product offerings may not be available in every Associated Bank location and rates may vary by region. Check with your Associated Banker for current product offerings at your local bank office.

Deposit and loan products are offered by Associated Bank, N.A., Member FDIC and Associated Banc-Corp. Equal Housing Lender. Equal Opportunity Lender.

The Following Disclosures Apply to Associated Business Checking Products:

  • 1 Relationship balances include the aggregate average balance of any business deposit account and/or loan balance (excluding credit cards) on the date of the checking account statement using an identical customer I.D. number on record. Relationship activity requires five or more electronic transactions (any combination of ACH, online bill pay, debit card, ATM or online transfers).
  • 2 ATM access is free when you withdraw funds up to the amount of your available balance. ATM access is free for Associated Bank customers only. There is no fee to access MoneyPass ATMs when you withdraw funds up to the amount of your available balance. ATMs outside of the Associated and MoneyPass network may charge a fee. Please consult signage and messaging on the ATM machine for more details about owner fees. MoneyPass is a registered trademark of Genpass, Inc.
  • 3 Overdraft Protection Transfer service links your checking account with any number of your other business accounts at Associated: savings account, money market account, credit card or business line of credit. Loan products are subject to credit approval and involve interest and other costs. Please ask about details on fees, terms and conditions of these products.
  • 4 The credit card creditor, issuer and service provider is Elan Financial Services. Loans are subject to credit approval and involve interest and other costs. Please ask for details.
  • 5 Preferred CD and money market rates require related accounts to be held under identical customer taxpayer I.D. number on record.
  • 6 Transaction items include deposits, items deposited and other debits.
  • 7 Waived essential services require Business Relationship Checking OR a Business Relationship Max Checking account with Online Banking and two of the following products: Business Savings (includes Business Money Market); Merchant Services; Business credit product; using an identical customer I.D. number.
  • 8 See MasterCard® Easy Saving™ Program Cardholder Terms and Conditions: Cardholder must be enrolled in the MasterCard Easy Savings Program at the time of purchase. Payment must be made in full at a participating merchant location with an eligible MasterCard small business credit card, signature debit card or business prepaid card issued by a U.S. bank. Purchases do not qualify for the program if the purchase transaction is a PIN-based transaction, originated outside of the U.S. or is not processed through the MasterCard U.S. transaction processing system. The rebate will appear on your statement after the purchase has posted to your card account, not on the receipt, and may not be reflected until the next statement. Other terms and conditions apply. For more information, visit www.easysavings.com.

    Deposit and loan products are offered by Associated Bank, N.A., Member FDIC and Associated Banc-Corp. Equal Housing Lender. Equal Opportunity Lender.

    For additional details about our deposit products, please refer to the Deposit Account Agreement, a current business rate sheet and our Business Deposit Account Fee schedule , which are available at any Associated Bank location.

    MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. Visa and the Visa logo are registered trademarks of Visa International Service Association. All trademarks, service marks and trade names referenced in this material are the property of their respective owners.

Interest rates and Annual Percentage Yields (APYs)
APYs are published on the Associated Bank rate sheet, available at your Associated Bank office. Specific interest rate information on your account will be provided prior to opening an interest-bearing account. Interest rates and APYs on interest-bearing checking are variable, may vary by market and may change at our discretion. Interest is calculated using the daily balance method. This method applies a daily periodic rate to the collected principal balance in the account each day. Interest is compounded and credited based on a 365/366-day year. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Fees applied to your account may affect your earnings. For current rates, contact us or your local banking office.

Combined Statements
If your savings and/or money market account(s) are added to a combined statement, the service charge period will be changed to match the primary account for that combined statement. Interest (if applicable) will post at the frequency originally disclosed, based on the cycle date of the lead account. If you combine two or more checking accounts on the same statement, check safekeeping is required on all but the primary statement account. To simplify your life, request a combined statement by calling 800-728-3501, 24 hours a day, seven days a week, or use our secure message form.

The following information applies to all Associated Savings and Money Market Accounts:

Limitations on all Money Market and Savings Accounts. Federal Reserve Regulation D limits the total number of transfers made by check and telephone, online banking and overdraft protection, as well as preauthorized transfers (including debitcard purchases, automatic transfers and wire transfers) to six (6) per calendar month for savings and money market accounts not on combined statement, or statement period for savings and money market accounts on a combined statement. The bank may impose an excess activity fee of $12 for each transaction exceeding these limitations. There is also a $1 fee for each in-person withdrawal exceeding six per month.