bmo harris smart money account - personal banking … · bank fee schedule read the deposit account...

• PAGE 1 of 3 • (12/17)

This Deposit Account Disclosure and Bank Fee Schedule and the Deposit Account Agreement for Personal and Business Accounts (“Agreement”) are part of the Deposit Account Agreement that governs your Account and you should read them. Capitalized terms not defined in this disclosure are defined in the Glossary of the Agreement.

Account opening and usage

Minimum deposit needed to open Account

$25

Monthly maintenance fee and waivers

$5 We charge this fee on the last day of the statement period. This fee is waived if the Primary Account Owner is under 25 years of age on the day the fee is to be assessed.

Pays interest No

BMO Harris ATMs and Participating ATMs

Free For deposits, withdrawals, transfers or balance inquiries. All transactions may not be available at all BMO Harris ATMs or at Participating ATMs.

Non-BMO Harris ATM Transactions

$3 We charge this fee for each Non-BMO Harris ATM Transaction.The ATM operator or network may also charge you a surcharge fee for a transaction or balance inquiry.

Stop payment fee $35 Per request or renewal.

Account closing fee $50 If closed within 90 days of Account opening.

Statements $2 for paper statementsOr $0 for eStatements or if under 25 years of age

We will send you statements monthly. If you do not select eStatements we will charge you a $2 fee each statement period we send you a paper statement. The fee will appear as “PAPER STMT FEE” on your statement. The fee will be waived if the Primary Account Owner is under 25 years of age or you select to only receive online statements through BMO Harris Online Banking® and not paper statements. To receive the online statements waiver, you must 1) be enrolled in BMO Harris Online Banking and 2) change your “Statement Preferences” in BMO Harris Online Banking to “Electronic Only” for this Account.

Check Images $3 with paper statementsOr $0 with eStatements

We will send you Check Images with your statement if you request them. We will charge you a $3 fee each statement period your Account is enrolled in this service even if there are no Check Images for your Account for a particular statement period. This fee will appear as “IMAGE STMT SURCHARGE” on your statement. The fee will be waived if you select to only receive online statements through BMO Harris Online Banking® and not paper statements. To receive the waiver, you must 1) be enrolled in BMO Harris Online Banking and 2) change your “Statement Preferences” in BMO Harris Online Banking to “Electronic Only” for this Account.

Check orders • One free welcome package of checks.• The price for other check orders varies by check style.

BMO Harris Smart MoneyTM Account

BMO Harris Smart MoneyTM AccountDeposit Account Disclosure and Bank Fee Schedule

Processing policies and dispute resolution

Posting order (the order in which Items are credited or debited)

We post transactions in the following order at the end of each Business Day (Monday – Friday except federal holidays):1. Deposits and other credits received prior to the cutoff times.2. ATM withdrawals and non-returnable debits.3. POS transactions using your Card. 4. ACH transactions.5. Checks.6. Bank-generated transactions, including fees, interest and surcharge rebates.

For more details and to read an example, see Section 2.C of the Agreement.

Funds availability summary

Immediate availability Cash deposited into this Account.

Same day availability Wire transfers and Direct Deposits into this Account.

Next day availability Checks deposited into this Account.

This represents our general policy but longer delays may apply. For specific details, including when Items are considered received, see the Funds Availability Policy for Deposit Accounts in Section 8 of the Agreement. Read the BMO Harris Mobile Banking End User Terms for information on funds availability for Mobile Deposits.

Dispute resolution This Account is subject to the arbitration provision set forth in Section 7.EE of the Agreement.

Insufficient Funds and Overdrafts

Your Account is overdrawn if it has a negative balance because the available funds in your Account are less than the amount of the Item(s) presented for payment. The Account balance that we use to determine if your Account is overdrawn includes all Items (including bank fees and service charges) that are posted to your Account on the same Business Day whether the Items are paid or returned. Refer to Section 2.C of the Agreement for information on when Items post to your Account. We will return as unpaid the following Items that overdraw this Account: Checks, automatic bill payments and other transactions made using this Account number, and you will not be charged a fee. We will decline ATM and everyday debit Card transactions that may overdraw this Account. There are some Items we are unable to return. If we are unable to return an Item that overdraws your Account, we will use our discretion to pay it and you will not be charged a fee.

Optional Overdraft Protection Services

Overdraft Funding Money is transferred automatically from your linked BMO Harris savings, money market or other checking Account. Transfers are subject to funds availability and transaction limits. You must speak with your BMO Harris Banker to enroll in this service. For details and fee information, visit bmoharris.com/overdraft.

Overdraft Protection Line of Credit

In the event of an overdraft, your line of credit will be accessed automatically up to your available credit limit. You must apply and qualify for the Overdraft Protection Line of Credit, which is subject to bank and credit approval. For details and fee information, visit bmoharris.com/overdraft.

• PAGE 2 of 3 • (12/17)BMO Harris Smart MoneyTM Account

Bank Fee ScheduleRead the Deposit Account Disclosure for additional fees and fee waivers that may apply to your Account.

Some services are not available at all locations.

• PAGE 3 of 3 • (12/17)17-2275

bmoharris.com© 2017 BMO Harris Bank N.A. Member FDIC (12/17)

Account Benefits

BMO Harris ATM and Debit Card Free

BMO Harris ATM Mini-Statement Free

BMO Harris ATM Transactions Free

BMO Harris Bank by Phone® Free

BMO Harris Bill Pay® Free (excludes expedited payments)

BMO Harris Mobile Banking® Free1

BMO Harris Online Banking® Free

BMO Harris Total Look® Free

Combined Statement Free

Debit or ATM Card Point-of-Sale (POS) Transactions

Free

Participating ATMs in the U.S. Free2

Wire Transfer – Incoming Free

Payments and Transfers

BMO Harris Bill Pay® – Expedited Payment Up to $15.00

Overdraft Funding Transfer Fee3 $10.00 per transfer; maximum one transfer fee per Business Day

Wire Transfer – Outgoing Domestic4 $30.00

Wire Transfer – Outgoing International4 $50.00

ATM and Debit Card

Debit or ATM Card Expedited Delivery $30.00

Debit or ATM Card Replacement $5.00

Foreign Transaction Fee2, 5 3% of the transaction amount

Checks, Money Orders and Gift Cards

BMO Harris Gift Card $4.00

Cashier’s Check $10.00

Deluxe® Check Orders Varies by account type and style

Money Order ($1,000 maximum) $5.00

Temporary Checks (only sold in sets of three) $3.00 per set

Collection Items (Bond, Note, Sight Draft, Check)

Coupon Collection $10.00 per envelope

Domestic Collection $15.00 + cost6

Foreign Collection $45.00 + cost6

Statement and Account Servicing

Account Activity Printout $5.00

Account Balancing / Research $40.00 per hour, $15.00 minimum

Duplicate Statement $5.00

Photocopies of Canceled Checks First three Checks are free; $5.00 for each additional

Miscellaneous

Deposited Item Returned7 $12.00

Special Letter (Immigration, Verification of Deposit, etc.)

$10.00

Verification of Deposit Form from Third Party $5.00

Legal Document Processing

Citations, Garnishments, Levies and Other Court Orders

Up to $100.00

Retrieval Fee for Legal Documents in Storage Up to $50.00

Non-Customer Check Cashing

Cashing a Check of $50 or more Drawn on BMO Harris

$10.00 per Check

1 Message and data rates may apply. Contact your wireless carrier for details.2 Foreign Transaction Fees will apply at BMO branded ATMs and Allpoint® ATMs

located outside of the United States.3 Only applicable to checking and money market checking accounts.4 This fee does not apply to CDs and IRAs.5 This fee will apply to any transaction initiated in a foreign country whether

initiated by the Cardholder while traveling or by a foreign merchant for a purchase a Cardholder makes remotely from the United States, whether or not a currency conversion is required.

6 Cost may include additional correspondent bank fees, collecting bank fees, communication fees, messenger fees and any other costs incurred.

7 Includes Items deposited by any method, including with a BMO Harris Teller or Customer Service Representative, by mail, depository or BMO Harris ATM.

BMO Harris Smart MoneyTM Account

• PAGE 1 of 4 • (12/17)BMO Harris Smart AdvantageTM Account




$25

Monthly maintenance fee

$0 No monthly maintenance fee.

Pays interest No




$3 We charge this fee for each Non-BMO Harris ATM Transaction. The ATM operator or network may also charge you a surcharge fee for a transaction or balance inquiry.



Statements $2 for paper statements Or$0 for eStatements

We will send you statements monthly. If you do not select eStatements we will charge you a $2 fee each statement period we send you a paper statement. The fee will appear as “PAPER STMT FEE” on your statement. The fee will be waived if you select to only receive online statements through BMO Harris Online Banking® and not paper statements. To receive the online statements waiver, you must 1) be enrolled in BMO Harris Online Banking and 2) change your “Statement Preferences” in BMO Harris Online Banking to “Electronic Only” for this Account.

Check Images $3 with paper statements Or$0 with eStatements

We will send you Check Images with your statement if you request them. We will charge you a $3 fee each statement period your Account is enrolled in this service even if there are no Check Images for your Account for a particular statement period. This fee will appear as “IMAGE STMT SURCHARGE” on your statement. The fee will be waived if you select to only receive online statements through BMO Harris Online Banking® and not paper statements. To receive the waiver, you must 1) be enrolled in BMO Harris Online Banking and 2) change your “Statement Preferences” in BMO Harris Online Banking to “Electronic Only” for this Account.

Check orders • One free welcome package of checks.• The price for other check orders varies by check style.

BMO Harris Smart AdvantageTM AccountDeposit Account Disclosure and Bank Fee Schedule



Your Account is overdrawn if it has a negative balance because the available funds in your Account are less than the amount of the Item(s) presented for payment. The Account balance that we use to determine if your Account is overdrawn includes all Items (including bank fees and service charges) that are posted to your Account on the same Business Day whether the Items are paid or returned. Refer to Section 2.C of the Agreement for information on when Items post to your Account. At our discretion, we may pay or return the following Items that overdraw this Account: Checks, automatic bill payments and other transactions made using this Account number. We will decline ATM and everyday debit Card transactions that may overdraw this Account unless you select the Overdraft Program for ATM and Everyday Debit Card Transactions described below. The following are fees that may be charged if you do not have sufficient available funds in your Account.

Overdraft Fee $36 per Item (No more than four Overdraft Fees and/or Item Returned Fees will be charged per Business Day)

You will be charged an Overdraft Fee for each Item we pay (regardless of the amount of the Item) when your Account is overdrawn more than $5 after all Items are posted to the Account. An Overdraft Fee is not charged if your Account is overdrawn by $5 or less after all the Items are posted to the Account. This fee does not apply to ATM and everyday debit Card transactions unless you have authorized us to pay these types of transactions. We do not charge an Overdraft Fee for bank fees and service charges that overdraw your Account.

Consecutive Day Overdraft Fee

$7 per Business Day (Maximum 10 for each occasion your Account remains overdrawn)

You will be charged a Consecutive Day Overdraft Fee for each Business Day your Account is overdrawn in any amount after your Account is overdrawn for three consecutive Business Days. You will be charged this fee even if your Account is only overdrawn due to bank fees and service charges.

Item Returned Fee (NSF)

$36 per Item (No more than four Overdraft Fees and/or Item Returned Fees will be charged per Business Day)

You will be charged an Item Returned Fee (NSF) each time we return an Item unpaid because your Account does not have sufficient available funds to pay the Item. This fee does not apply to declined ATM and everyday debit Card transactions.


These are optional services that may be less expensive than overdraft and item returned fees.




Overdrafts for ATM and Everyday Debit Card Transactions

You’re able to select how you would like BMO Harris to handle everyday transactions involving your ATM or debit Card — including point-of-sale and ATM transactions — when you don’t have sufficient available funds in your Account. Regardless of the option you choose for BMO Harris to handle ATM and everyday debit Card transactions, you may still want to sign up for Overdraft Funding or apply for an Overdraft Protection Line of Credit. Learn more at bmoharris.com/overdraft.

No overdraft coverage (Default)

$0 If you do not opt-in, BMO Harris will automatically decline any ATM and everyday debit Card transaction that would overdraw this Account. Because these transactions will be declined, no Overdraft Fee, Consecutive Day Overdraft Fee or Item Returned Fee (NSF) will apply to these transactions.

Opt-in (Overdraft Program for ATM and Everyday Debit Card Transactions)

$36 Overdraft Fee per Item; No more than four Overdraft Fees and/or Item Returned Fees will be charged per Business Day$7 Consecutive Day Overdraft Fee per Business Day; maximum 10 for each occasion your Account remains overdrawn

By opting into this program, you authorize us to use our discretion to pay ATM and everyday debit Card transactions that would overdraw this Account. If you do opt-in, and we use our discretion to pay those transactions, the Overdraft Fee and Consecutive Day Overdraft Fee, described above, will apply to the transactions.You can opt-in to the Overdraft Program for ATM and Everyday Debit Card Transactions — or revoke your election — by speaking with your BMO Harris Banker or by logging in to BMO Harris Online Banking® and modifying the Overdraft Program preferences on your Account.




Account Benefits











Free








ATM and Debit Card



















Miscellaneous



$10.00




Up to $100.00




$10.00 per Check






© 2017 BMO Harris Bank N.A. Member FDIC (12/17) bmoharris.com17-2275

BMO Harris PremierTM Account • PAGE 1 of 4 • (12/17)

This Deposit Account Disclosure and Bank Fee Schedule, the separate Interest Rate Sheet and the Deposit Account Agreement for Personal and Business Accounts (“Agreement”) are part of the Deposit Account Agreement that governs your Account and you should read them. Capitalized terms not defined in this disclosure are defined in the Glossary of the Agreement.



$25


$30 We charge this fee on the last day of the statement period if you do not meet any one of the waiver requirements listed below:

When the minimum daily Ledger Balance in this Account is $25,000 or more for the statement period. When you meet ANY ONE of the following requirements for the statement period and have requested that waiver from your BMO Harris Banker:

• You have requested we link this Account to receive benefits under Relationship Waiver1 and you have met the $50,000 Combined Balance requirement for this Account.

• You maintain a BMO Harris Financial Advisors, Inc. investment account in accordance with the terms of the investment account agreement.2

• You are a client of our employee benefits program, Best of BMO U.S.

Pays interest Yes3 This is a variable rate Account where interest rates and annual percentage yields may change. At our discretion, we may change the interest rate on this Account daily. The interest rate corresponding to the highest tier into which your Collected Balance falls will be paid on the entire Collected Balance. Interest will be compounded daily on the Collected Balance and credited to this Account monthly on the statement period date. The tiers are as follows: $0.01 – $4,999.99 $25,000 – $49,999.99 $250,000 – $499,999.99$5,000 – $9,999.99 $50,000 – $99,999.99 $500,000 – $999,999.99$10,000 – $24,999.99 $100,000 – $249,999.99 $1,000,000 or moreFor current interest rates, ask your BMO Harris Banker for a current Interest Rate Sheet, call 1-888-340-2265 or visit bmoharris.com.




Free The ATM operator or network may charge you a surcharge fee for a transaction or balance inquiry.

Non-BMO Harris ATM surcharge fee rebate

We will rebate up to $25 in ATM surcharge fees assessed by the ATM operator or network each statement period.



BMO Harris PremierTM AccountDeposit Account Disclosure and Bank Fee Schedule


Account opening and usage (continued)

Statements We will send you statements with Check Images monthly. Contact us to request Check Images if you are not currently receiving them.

Check orders • One free welcome package of checks AND • Free wallet/duplicate safety paper, free Hubert-style checks and 50% discount on printing charges for certain

check styles ordered through BMO Harris.

Other fee waivers • Purchase fees are waived for cashier’s checks and money orders.• Overdraft Funding Transfer Fees are waived for transfers into this Account.

1 Ask your BMO Harris Banker for additional information, as well as to request Relationship Waiver and to link your Accounts. We do not automatically link your Accounts. Additional information on Relationship Waiver can be found in Section 7.L of the Agreement.2 The Account Owner must also be an owner of the BMO Harris Financial Advisors, Inc. investment account. Securities, investment advisory services and insurance products

are offered through BMO Harris Financial Advisors, Inc. Member FINRA/SIPC. SEC-registered investment adviser. BMO Harris Financial Advisors, Inc. and BMO Harris Bank N.A. are affiliated companies. Securities and insurance products offered are: NOT FDIC INSURED - NOT BANK GUARANTEED - NOT A DEPOSIT - MAY LOSE VALUE.

3 We use the Daily Balance Method to calculate the interest on this Account. This method applies a Daily Rate to the Collected Balance in this Account each day. Interest begins to accrue no later than the Business Day we receive credit for non-cash deposits (for example checks regardless of how they are deposited). For cash and electronic deposits, interest begins to accrue on the Business Day of the deposit. We reserve the right not to pay interest on any deposited Item that is returned to us as unpaid.













Your Account is overdrawn if it has a negative balance because the available funds in your Account are less than the amount of the Item(s) presented for payment. The Account balance that we use to determine if your Account is overdrawn includes all Items (including bank fees and service charges) that are posted to your Account on the same Business Day whether the Items are paid or returned. Refer to Section 2.C of the Agreement for information on when Items post to your Account. At our discretion, we may pay or return the following Items that overdraw this Account: Checks, automatic bill payments and other transactions made using this Account number. We will decline ATM and everyday debit Card transactions that may overdraw this Account unless you select the Overdraft Program for ATM and Everyday Debit Card Transactions described below. The following are fees that may be charged if you do not have sufficient available funds in your Account.






Item Returned Fee (NSF) $36 per Item (No more than four Overdraft Fees and/or Item Returned Fees will be charged per Business Day)




Overdraft Funding Money is transferred automatically from your linked BMO Harris savings, money market or other checking Account. Transfers are subject to funds availability and transaction limits. The Overdraft Funding Transfer Fee is waived for this Account, but the insufficient funds and overdraft fees may still apply. You must speak with your BMO Harris Banker to enroll in this service. For details and fee information, visit bmoharris.com/overdraft.








$36 Overdraft Fee per Item; No more than four Overdraft Fees and/or Item Returned Fees will be charged per Business Day$7 Consecutive Day Overdraft Fee per Business Day; maximum 10 for each occasion your Account remains overdrawn

By opting into this program, you authorize us to use our discretion to pay ATM and everyday debit Card transactions that would overdraw this Account. If you do opt-in, and we use our discretion to pay those transactions, the Overdraft Fee and Consecutive Day Overdraft Fee, described above, will apply to the transactions.You can opt-in to the Overdraft Program for ATM and Everyday Debit Card Transactions — or revoke your election — by speaking with your BMO Harris Banker or by logging in to BMO Harris Online Banking® and modifying the Overdraft Program preferences on your Account.

bmoharris.com© 2017 BMO Harris Bank N.A. Member FDIC (12/17) BMO Harris PremierTM Account • PAGE 4 of 4 • (12/17)



Account Benefits











Free








ATM and Debit Card



















Miscellaneous



$10.00




Up to $100.00




$10.00 per Check






17-2275

Statement Savings • PAGE 1 of 3 • (12/17)




$100


$5 We charge this fee on the last calendar day of the month (or on the statement period date if this Account receives benefits under Relationship Waiver1) if you do not meet any one of the waiver requirements listed below:

• The minimum daily Ledger Balance in this Account is $500 or more for the month.

• The Primary Account Owner is under 18 years of age on the day the fee is to be assessed.

• You have requested an Auto Save waiver from your BMO Harris Banker and are making a minimum $25 Auto Save transfer into this Account each month during the period below that applies to when Auto Save is established. Waiver only applies for one of the periods listed below:

1. After November 1, 2013 we will waive the monthly maintenance fee on this Account for two years after the Auto Save is established.

2. Prior to June 30, 2012 we will continue to waive the monthly maintenance fee until the Auto Save transfers are canceled. This does not apply to you if you opened your Account before October 6, 2012 at a legacy Harris location in Florida or Arizona.

• Your BMO Harris Select Checking® account meets its $10,000 minimum Combined Balance requirement and you have requested we link this Account to your BMO Harris Select Checking account to receive benefits under Relationship Waiver1. Monthly maintenance fee waiver is limited to a total of two accounts that can be either Statement Savings and/or BMO Harris Select Money Market® accounts.

• Your BMO Harris Portfolio Checking® account meets its $25,000 minimum Combined Balance requirement and you have requested we link this Account to your BMO Harris Portfolio Checking account to receive benefits under Relationship Waiver1. Monthly maintenance fee waiver is limited to a total of four accounts that can be either Statement Savings and/or BMO Harris Select Money Market accounts.

• Your Wealth Checking account meets its $25,000 minimum Average Daily Balance requirement and you have requested we link this Account to your Wealth Checking account to receive benefits under Relationship Waiver1. Monthly maintenance fee waiver is limited to a total of four accounts that can be either Statement Savings and/or BMO Harris Select Money Market accounts.

Pays interest Yes2 This is a variable rate Account where interest rates and annual percentage yields may change. At our discretion, we may change the interest rate on this Account daily. The interest rate corresponding to the highest tier into which your Collected Balance falls will be paid on the entire Collected Balance. Interest will be compounded daily on the Collected Balance and credited to this Account quarterly on the last calendar day of the quarter.

The tiers are as follows: $0.01 – $4,999.99, $5,000 – $9,999.99, $10,000 – $24,999.99, $25,000 – $49,999.99, $50,000 – $99,999.99, $100,000 – $249,999.99, $250,000 – $499,999.99, $500,000 – $999,999.99, $1,000,000 or more.

For current interest rates, ask your BMO Harris Banker for a current Interest Rate Sheet, call 1-888-340-2265 or visit bmoharris.com.

Statement SavingsDeposit Account Disclosure and Bank Fee Schedule

Statement Savings • PAGE 2 of 3 • (12/17)


Transaction limitations

Deposits of any amount are allowed at any time. Withdrawals or transfers from savings accounts are unlimited when made in person at BMO Harris, at an ATM, by messenger, or by a request by mail or speaking to a telephone representative to have a check made payable to you.

We limit all other withdrawals or transfers, including those made by POS transactions, ACH, wire, automated telephone banking and online banking, and including transfers to repay BMO Harris loans, to a combined total of six per month or monthly statement period. Transactions that exceed the limit will not be allowed.




$3 We charge this fee for each Non-BMO Harris ATM Transaction.

The ATM operator or network may also charge you a surcharge fee for a transaction or balance inquiry.


Statements We will send you statements quarterly. If you link this Account to receive benefits under Relationship Waiver1, the statement period date and frequency for this Account will change to be the same statement period as the BMO Harris Select Checking, BMO Harris Portfolio Checking or Wealth Checking account to which this Account is linked.

1 If you link this Account to receive benefits under Relationship Waiver, all references to “month” mean “statement period”. Ask your BMO Harris Banker for additional information, as well as to request Relationship Waiver and to link your Accounts. We do not automatically link your Accounts. Additional information on Relationship Waiver can be found in Section 7.L of the Agreement.












Statement Savings • PAGE 3 of 3 • (12/17) bmoharris.com© 2017 BMO Harris Bank N.A. Member FDIC (12/17)



Account Benefits











Free


Wire Transfer — Incoming Free




Wire Transfer — Outgoing Domestic6 $30.00

Wire Transfer — Outgoing International6 $50.00

ATM and Debit Card



Foreign Transaction Fee4,7 3% of the transaction amount
















Miscellaneous



$10.00




Up to $100.00




$10.00 per Check






BMO Harris Select Money Market • PAGE 1 of 4 • (12/17)




$1,000


$15 We charge this fee on the last day of the statement period if you do not meet any one of the waiver requirements listed below:

• The minimum daily Ledger Balance in this Account is $2,500 or more for the statement period.

• You have requested an Auto Save waiver from your BMO Harris Banker and are making a minimum $100 Auto Save transfer into this Account each month during the period below that applies to when Auto Save is established. Waiver only applies for one of the periods listed below:

1. After November 1, 2013 we will waive the monthly maintenance fee on this Account for two years after the Auto Save is established.

2. Prior to June 30, 2012 we will continue to waive the monthly maintenance fee until the Auto Save transfers are canceled. This does not apply to you if you opened your Account before October 6, 2012 at a legacy Harris location in Florida or Arizona.

• Your BMO Harris Select Checking® account meets its $10,000 minimum Combined Balance requirement and you have requested we link this Account to your BMO Harris Select Checking account to receive benefits under Relationship Waiver1. Monthly maintenance fee waiver is limited to a total of two accounts that can be either Statement Savings and/or BMO Harris Select Money Market accounts.

• Your BMO Harris Portfolio Checking® account meets its $25,000 minimum Combined Balance requirement and you have requested we link this Account to your BMO Harris Portfolio Checking account to receive benefits under Relationship Waiver1. Monthly maintenance fee waiver is limited to a total of four accounts that can be either Statement Savings and/or BMO Harris Select Money Market accounts.

• Your Wealth Checking account meets its $25,000 minimum Average Daily Balance requirement and you have requested we link this Account to your Wealth Checking account to receive benefits under Relationship Waiver1. Monthly maintenance fee waiver is limited to a total of four accounts that can be either Statement Savings and/or BMO Harris Select Money Market accounts.

Pays interest Yes2 This is a variable rate Account where interest rates and annual percentage yields may change. At our discretion, we may change the interest rate on this Account daily. The interest rate corresponding to the highest tier into which your Collected Balance falls will be paid on the entire Collected Balance. Interest will be compounded daily on the Collected Balance and credited to this Account monthly on the statement period date.

The tiers are as follows: $0.01 – $4,999.99, $5,000 – $9,999.99, $10,000 – $24,999.99, $25,000 – $49,999.99, $50,000 – $99,999.99, $100,000 – $249,999.99, $250,000 – $499,999.99, $500,000 – $999,999.99, $1,000,000 or more.

For current interest rates, ask your BMO Harris Banker for a current Interest Rate Sheet, call 1-888-340-2265 or visit bmoharris.com.

BMO Harris Select Money Market®

Deposit Account Disclosure and Bank Fee Schedule



Transaction limitations

Deposits of any amount are allowed at any time. Withdrawals or transfers from money market accounts are unlimited when made in person at BMO Harris, at an ATM, by messenger, or by a request by mail or speaking to a telephone representative to have a check made payable to you.

We limit all other withdrawals or transfers, including those made by Check, POS transactions, ACH, wire, automated telephone banking and online banking, and including transfers to repay BMO Harris loans, to a combined total of six per month or monthly statement period.

Transaction limitation fee

$15 Assessed for each transaction that exceeds transaction limitations described above.




$3 We charge this fee for each Non-BMO Harris ATM Transaction.

The ATM operator or network may also charge you a surcharge fee for a transaction or balance inquiry.



Statements We will send you statements with Check Images monthly. Contact us to request Check Images if you are not currently receiving them. If you link this Account to receive benefits under Relationship Waiver1, the statement period date will change to be the same statement period as the BMO Harris Select Checking, BMO Harris Portfolio Checking, or Wealth Checking account to which this Account is linked.

1 Ask your BMO Harris Banker for additional information, as well as to request Relationship Waiver and to link your Accounts. We do not automatically link your Accounts. Additional information on Relationship Waiver can be found in Section 7.L of the Agreement.




We post transactions in the following order at the end of each Business Day (Monday – Friday except federal holidays): 1. Deposits and other credits received prior to the cutoff times. 2. ATM withdrawals and non-returnable debits. 3. POS transactions using your Card. 4. ACH transactions. 5. Checks. 6. Bank-generated transactions, including fees, interest and surcharge rebates.










Your Account is overdrawn if it has a negative balance because the available funds in your Account are less than the amount of the Item(s) presented for payment. The Account balance that we use to determine if your Account is overdrawn includes all Items (including bank fees and service charges) that are posted to your Account on the same Business Day whether the Items are paid or returned. Refer to Section 2.C of the Agreement for information on when Items post to your Account.

At our discretion, we may pay or return the following Items that overdraw this Account: Checks, automatic bill payments and other transactions made using this Account number. We will decline ATM and everyday debit Card transactions that may overdraw this Account unless you select the Overdraft Program for ATM and Everyday Debit Card Transactions described below. The following are fees that may be charged if you do not have sufficient available funds in your Account.






Item Returned Fee (NSF) $36 per Item (No more than four Overdraft Fees and/or Item Returned Fees will be charged per Business Day)












$36 Overdraft Fee per Item; No more than four Overdraft Fees and/or Item Returned Fees will be charged per Business Day

$7 Consecutive Day Overdraft Fee per Business Day; maximum 10 for each occasion your Account remains overdrawn

By opting into this program, you authorize us to use our discretion to pay ATM and everyday debit Card transactions that would overdraw this Account.

If you do opt-in, and we use our discretion to pay those transactions, the Overdraft Fee and Consecutive Day Overdraft Fee, described above, will apply to the transactions.

You can opt-in to the Overdraft Program for ATM and Everyday Debit Card Transactions — or revoke your election — by speaking with your BMO Harris Banker or by logging in to BMO Harris Online Banking® and modifying the Overdraft Program preferences on your Account.

BMO Harris Select Money Market • PAGE 4 of 4 • (12/17) bmoharris.com© 2017 BMO Harris Bank N.A. Member FDIC (12/17)



Account Benefits











Free




BMO Harris Bill Pay® — Expedited Payment Up to $15.00




ATM and Debit Card



















Miscellaneous



$10.00




Up to $100.00




$10.00 per Check






Certificate of Deposit (CD) • PAGE 1 of 3 • (12/17)




Varies The minimum deposit to open this CD is based on the initial term of the CD you selected and was made available to you before you submitted your application.

Pays interest Yes1 We provide our interest rates and Annual Percentage Yields (APYs) for standard CDs and CD specials on our web page and we made them available to you before you submitted your application.

You will be paid this rate until the maturity date of the term of your CD. The APY assumes interest and principal remains on deposit until maturity. A withdrawal will reduce earnings.

For all CDs with maturities less than one year, interest for your Account will be compounded daily and will be credited to your CD at maturity. For all CDs with maturities one year or greater, interest for your Account will be compounded daily and will be credited to your CD quarterly.

Transaction Limitations

Each CD is treated as a separate Account with its own interest rate and maturity. You cannot make additional deposits into or withdrawals from this Account until the maturity date. Additional funds may be added and withdrawals may be made during the grace period of 10 calendar days after the maturity date.

1 We use the Daily Balance Method to calculate the interest on this Account. This method applies a Daily Rate to the Ledger Balance in this Account each day. Interest begins to accrue on the Business Day you deposit cash or any non-cash Item (for example checks). We reserve the right not to pay interest on any deposited Item that is returned to us as unpaid.

Maturity, renewal and grace period

Automatic renewal

At the maturity date, this Account will automatically renew to another CD of equal term at the then-current interest rate and APY for that term and current balance. If the CD has a balance less than $1,000 it will automatically renew for the same term with an interest rate and APY set by us as shown on the then-current rate sheet.

Grace period You will have a grace period of 10 calendar days after the maturity date to withdraw funds without being charged an early withdrawal penalty. If you close your CD during the grace period, accrued and unpaid interest will not be paid. We will send you a pre-maturity reminder and a confirmation of the renewal.

Certificate of Deposit (CD)Deposit Account Disclosure and Bank Fee Schedule

Certificate of Deposit (CD) • PAGE 2 of 3 • (12/17)

Early withdrawal penalty

When you make a deposit to any one of our CD products, you agree to keep the funds on deposit until the stated maturity date. The maturity date is the first day you can change the term or rate or make a withdrawal without paying an early withdrawal penalty. We reserve the right to permit withdrawals of principal upon maturity only. If we permit you to make an early withdrawal of principal before maturity, you will pay an early withdrawal penalty. The penalty is calculated using the interest rate applicable to the CD at the time of early withdrawal. If the amount of the penalty exceeds the amount of your accrued and unpaid interest, then a reduction of principal would be required in order to pay the penalty.

Early withdrawal penalty

CD Term Interest Penalty

1 month (7 – 59 days) You will be charged all interest earned

2 months – 11 months (60 days – up to and including 364 days)

You will be charged 90 days interest

12 – 23 months You will be charged 180 days interest



48 months or longer You will be charged 545 days interest

Short Term CD Special (2 – 11 months)


Long Term CD Special (12 months or longer)


Penalty waivers The penalty will be waived in the following circumstances:

• Any Account Owner of the CD passes away.

• Any Account Owner of the CD is judicially declared legally incompetent.

• Any Account Owner of the CD has separate CDs with an FDIC-insured bank and that bank merges with BMO Harris Bank, and within one year of the merger the Account Owner withdraws the amount of the combined CD balances that exceed FDIC deposit insurance coverage. However, please note that the FDIC may only insure CDs separately for six months after the date of the merger and any amount OF YOUR COMBINED DEPOSIT BALANCES in excess of the FDIC deposit insurance coverage will not be insured after such date. Additional information regarding FDIC deposit insurance coverage can be found at FDIC.gov.

• The CD has a feature where it will automatically renew at maturity and the withdrawal is made during the 10-day calendar day grace period after the maturity date of the CD.

Certificate of Deposit (CD) • PAGE 3 of 3 • (12/17) bmoharris.com© 2017 BMO Harris Bank N.A. Member FDIC ( 12/17)



Account Benefits











Free




BMO Harris Bill Pay® — Expedited Payment Up to $15.00




ATM and Debit Card



















Miscellaneous



$10.00




Up to $100.00




$10.00 per Check




