1 Clients earn a one-time 1.00% bonus, up to $25. Bonus is calculated on the average ledger balance of the Select Savings account for its first 12 months. Bonuses will be credited to the Select Savings account on the one-year anniversary of the Select Savings account opened date. Select Savings account must be open and in good standing on the date that the bonus is paid to receive the bonus. Fees may reduce earnings on account.
2 For Essential Savings and Select Savings accounts, an excessive withdrawal fee of $4 is assessed if more than two withdrawal transactions are paid during the month. Applicable fees are assessed at the time of withdrawal. The fee will be waived for accounts that maintain a minimum balance of $2,500 each month. Please see Fee Schedule for further details.
3 The use of all savings and money market accounts for overdraft protection will result in a transfer fee of $12.50 per transfer, charged to the protected deposit account. All advances are subject to funds availability. Overdraft Protection Service is not available for all SunTrust products or product service areas. See your SunTrust representative for details.
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NON-INTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a non-interest-bearing transaction account (including an Interest on Lawyer Trust Account) will no longer receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.