You could lose all the money in your account (plus your maximum overdraft line of credit). Tell us your name and account number (if any). This information will not, however, affect the number of signatures necessary for withdrawal. Simmons Bank suggests that you consult the Privacy Disclosure on the site for further information. Web 2023 Simmons Bank Privacy policy Member FDIC Equal Housing Lender Nor are we responsible for ensuring your eligibility for making contributions or ensuring withdrawals are used for payment or reimbursement of qualified medical expenses. (The filing fee currently is $200 but is subject to change by the arbitration provider. A Dormant Account Fee of $10.00 per month will be imposed if there is no customer-initiated activity on the account for more than 365 days. If we decide to do this, we will credit your account within 10 business days (5 business days for Visa- branded Debit Card or ATM Card point-of-sale transactions processed by Visa) for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. claims arising from bodily injury or death; claims seeking only individualized relief asserted by you or us in small claims court, so long as the action remains in that court and is not removed or appealed to a court of general jurisdiction, in which case either party may elect arbitration; claims to collect or challenge debts owed pursuant to an extension of credit under a separate agreement or note (such as a separate loan agreement, promissory note, or bank card agreement), in which case the dispute over the debt shall be governed by the dispute-resolution procedures set forth in that separate agreement or note; and. You agree that we may verify credit and employment history by any necessary means, including preparation of a credit report by a credit reporting agency. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. You agree to indemnify us for any loss we may incur as a result of any truncated check transaction you initiate. We must receive it in time to have a reasonable opportunity to act on it. Your account number can also be used to electronically remove money from your account, and payment can be made from your account even though you did not contact us directly and order the payment. We may accept for deposit any item payable to you or your order, even if they are not indorsed by you. But in the event you bring a dispute against us, you will not be responsible for our costs and attorneys' fees except as provided by applicable law. If we are served with a subpoena, restraining order, writ of attachment or execution, levy, garnishment, search warrant, or similar order relating to your account (termed legal action in this section), we will comply with that legal action. If you wish to make a contribution for the Previous Tax Year, it must be designated as a Prior Year Contribution at the time of your deposit. Please click here to change/reset your username or password. Yes. You assign to us all rights against the payee or any other holder of the item. Using the Simmons Bank Mobile App for iPhone or Android, login and select the "Deposit" quick action on your dashboard or select "Deposit Check" from the menu. (4) Arbitration Procedure:The arbitration will be governed by the Consumer Arbitration Rules (AAA Rules) of the American Arbitration Association (AAA), as modified by this arbitration provision, and will be administered by the AAA. We process items mechanically by relying solely on the information encoded in magnetic ink along the bottom of the items. Create one here.Forgot User ID or Password? A transaction may affect the available balance of your account prior to the time it is posted to your account. Yes, you can usually deposit a check into an ATM, though some machines may not accept them. If we become aware of a dispute or claim related to your account, we may, in our sole discretion, freeze your account, place a hold on your account (refuse payment or withdrawal of the funds), or take any other actions described in this section. In order to qualify for Relationship Premium A on your Coin Savings account for a particular statement cycle, you must have (i) at least one linked Coin Checking account (to be linked, a Coin Checking account must have the same primary account holder as the Coin Savings account) and (ii) made a combined minimum of 15 purchase transactions (atm and other cash withdrawal transactions are excluded) during the calendar month preceding the last day of your statement cycle using the Simmons Bank-issued debit card(s) connected to your linked Coin Checking account(s). Your duty to report unauthorized signatures, alterations and forgeries -You must examine your statement of account with reasonable promptness. If you discover (or reasonably should have discovered) any unauthorized signatures or alterations, you must promptly notify us of the relevant facts. This document, along with any other documents we give you pertaining to your account(s), is a contract that establishes rules which control your account(s) with us and related matters. If we reclassify your account, your account will be subject to the fees and earnings rules of the new account classification. We may require that all account holders or authorized signers sign any instruction, check, item, or other withdrawal order even though the signature card for your account allows for one signature. You also warrant that any substitute check you create conforms to the legal requirements and generally accepted specifications for substitute checks. This account may be opened and maintained by a person or persons named as a trustee under a written trust agreement, or as executors, administrators, or conservators under court orders. Excluded claims must be resolved by a court with jurisdiction. You will not see any difference between the way your account operates and the way a traditionally organized account operates, but this organization makes us more efficient. Minimum balance to avoid imposition of fees -A service charge fee of $5.00 will be imposed monthly if the balance in the account falls below $100.00 any day of the cycle. Joint Account - With Survivorship (And Not As Tenants In Common) -is an account in the name of two or more persons. Among the debit categories, categories of electronic transactions, such as ATM withdrawals, PIN-based debit card transactions, and signature-based debit card transactions, are generally posted before categories of paper items, such as checks. Reasonable notice depends on the circumstances, and in some cases such as when we cannot verify your identity or we suspect fraud, it might be reasonable for us to give you notice after the change or account closure becomes effective. However, this time period shall not exceed 60 days. As always, we recommend consulting a legal or tax professional if you have any questions about managing your HSA. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan. Please read this disclosure carefully because it tells you your rights and obligations for the transactions listed. Insert your cash in the envelope and seal it. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance (if any) and other features as the original time deposit. Liability for failure to make transfers -If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. You can also see the status of your deposit in our app. UPLOAD OF ELECTRONIC DEPOSIT TO UMPQUA BANK . You have overdrawn your account repeatedly in the last six months. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan. Compounding and crediting frequency -Interest will be compounded every month. If your claim exceeds $10,000, the right to a hearing will be determined by the AAA Rules. If you will need the funds from a deposit right away, you should ask us when the funds will be available. If your account has an original maturity of one year or more: The fee imposed will equal 360 days interest on the amount withdrawn. For this reason, we are not required to honor any restrictive legend or indorsement or other special instruction placed on checks you write unless we have agreed in writing to the restriction or instruction. Interest will be calculated on the same basis as during the original term. These rules provide, among other things, that payments made to you, or originated by you, are provisional until final settlement is made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A-403(a) of the Uniform Commercial Code. Indorsements must be made in blue or black ink, so that they are readable by automated check processing equipment. You must also take precaution in safeguarding your blank checks. Non-Visa Debit Transaction Processing -We have enabled non-Visa debit transaction processing. Verify incoming direct deposit amounts or the credits and debits that have posted to your account(s). Dont have a User ID? Balances of $20,000.01 and over will earn an Annual Percentage Yield of 0.01% when the above requirements are met. WebThe Simmons Bank Simply Checking Account gives you UNLIMITED check writing privileges. If two or more of you survive, you will own the funds in the account as joint tenants with survivorship and not as tenants in common. Web Initiate transfers of funds between your Arvest Bank checking, money market and savings account(s). (3) Pre-Arbitration Notice of Disputes:Before either you or we commence arbitration, the claimant must first send to the other a written Notice of Dispute (Notice). A telephone transfer of funds from this account to another account with us, if otherwise arranged for or permitted, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. If a transaction shows as pending, it has not settled and posted. This arbitration provision is optional. The owner does not give up any rights to act on the account. To obtain the 2.02% Annual Percentage Yield for balances $0.01 to $20,000.00, the following requirements must be met: (1) Monthly eStatements and (2) Twenty-Five (25) posted and cleared debit card transactions per monthly statement cycle. Rejecting this arbitration provision will not affect your other rights or responsibilities under this Agreement. Rate information -The interest rate on your account is ___% with an annual percentage yield of ___%. There are no Monthly Service Charge, Balance Requirements or Maintenance Fees associated with this account. You consent in advance to any such recording. Additional limitations on our obligation to stop payment are provided by law (e.g., we paid the item in cash or we certified the item). Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it. WebSimmons Bank ATMs. It is important that you confine the indorsement information to this area since the remaining blank space will be used by others in the processing of the check to place additional needed indorsements and information. When we transition from one business day to the next business day, we post transactions to your account during our nightly processing for each business day. The Simply Youth Savings account will convert to a Simply Savings account when the primary owner turns 18. Limitations on the number of telephonic transfers from a savings account, if any, are described elsewhere. In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. We may ignore instructions (such as an instruction by one account holder or authorized signer not to honor items or other withdrawal orders by another account holder or authorized signer) for the account unless all account holders or authorized signers agree to the instruction. We can change our practice of paying overdrafts on your account without notice to you. Rate information -Your interest rate and annual percentage yield may change. Examples of these transfers include, but are not limited to: Telephone Transfers - types of transfers -You may access your account by telephone (870) 541-1234 or (877) 245-1234 using your personal identification number (PIN), a touch tone phone and your account numbers, to: ATM Card ATM Transfers - types of transfers and dollar limitations -You may access your account(s) by ATM using your ATM card and personal identification number or Visa Debit Card and personal identification number, to: Some of these services may not be available at all terminals. Customer- initiated activity includes (A) a communication between the bank and the customer in which (i) the customer requests the account status be changed to active and (ii) the customers identity is authenticated by the bank, (B) deposits to the account, or (C) withdrawals from the account, but does not include the payment of interest or the assessment of fees and charges by the bank. We may supply any missing indorsement(s) for any item we accept for deposit or collection, and you warrant that all indorsements are genuine. Contact Simmons Bank Customer Support by sending a message in your online or mobile banking or by calling toll free at 1-866-246-2400 between 7:30 a.m. CT and 6:00 p.m. CT each banking day, and 8:00 a.m. CT to noon CT on Saturday. Please remember that even after we have made funds available to you, and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit. Errors relating to electronic fund transfers or substitute checksThis paragraph applies to consumer accounts only. SAIF Insured: No State Chartered: Yes Financial Snapshot (updated periodically) Assets: $27023423 Deposits: $22244461 Deposits Held Domestically: $22244461 Equity Capital: $3361781 Net Income: $198117 FDIC Oversight FDIC Region: For those accounts to which our funds availability policy disclosure does not apply, you can ask us when you make a deposit when those funds will be available for withdrawal. Checks made payable to you and drawn on a bank within the United States can be deposited through Mobile Deposit. Making sure you have all the support you need, for life. A monthly service charge fee of $3.00 will be charged each month. You may opt out at any time. There is NO monthly service charge, balance requirements or maintenance fees associated with this account. Minimum balance to open the account -You must deposit $100,000.00 to open this account. You agree that you will not waive any rights you have to recover your loss against anyone who is obligated to repay, insure, or otherwise reimburse you for your loss. We will use what is called a substitute (or electronic) deposit slip to post the deposit to your account. You warrant and agree to the following for every remotely created check we receive from you for deposit or collection: (1) you have received express and verifiable authorization to create the check in the amount and to the payee that appears on the check; (2) you will maintain proof of the authorization for at least 2 years from the date of the authorization, and supply us the proof if we ask; and (3) if a check is returned you owe us the amount of the check, regardless of when the check is returned. Your Simmons Bank debit card will be automatically enrolled in the free Visa Account Updater (VAU) service. If you have any questions, please call us. You may stop payment on any item drawn on your account whether you sign the item or not. You will not be permitted to withdraw funds from your account that will cause the balance to fall below the hold amount which is equal to your Foundation Card credit limit. Regardless of the manner in which the arbitration is conducted, the arbitrator shall issue a reasoned written decision sufficient to explain the essential findings and conclusions on which the award is based. In Case of Errors or Questions About Your Electronic Transfers, Call or Write us at the telephone number or address listed in this disclosure, as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. This site is directed at, and intended to be used by, persons in the United States of America only. Minimum balance to open the account -There is no minimum balance to open this account. The Save10 Youth Savings account will convert to a Simply Savings account when the primary owner turns 18. If we need more time, however, we may take up to 45 days to investigate your complaint or question. You will receive an email when your deposit is accepted. To obtain the report card benefit, customers must provide proof of grades in the branch via sealed or stamped report, for up to $10.00 in total reward value. Crediting frequency -Interest will be credited to your account every quarter. This account is available to Individuals. Further details about these accounts are inside this brochure. This means you may use your Visa-branded Debit Card on a PIN-Debit Network* (a non-Visa network) without using a PIN. YOU AND WE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR OUR INDIVUDUAL CAPACIY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, REPRESENTATIVE, OR PRIVATE ATTORNEY GENERAL PROCEEDING. Rate information -The interest rate on your account is ___% with an annual percentage yield of ___%. You are leaving the Simmons Bank web site. For new accounts, we may take up to 20 business days to credit your account for the amount you think is in error. This fee will not apply until the primary owner reaches age eighteen (18). Dormant Account Fees do not apply to accounts owned by Texas residents and only apply to accounts when the daily balance falls below $1,000.00 any day of the statement cycle. The purpose of this document is to: If any provision of this document is found to be unenforceable according to its terms, all remaining provisions will continue in full force and effect. WebWorking at Simmons Bank: 276 Top Reviews | Indeed.com Start of main content Simmons Bank 51 3.4 Write a review Snapshot Why Join Us 276 Reviews 274 Salaries 203 Jobs 58 Q&A Interviews 7 Photos Simmons Bank Employee Reviews Review this company Job Title All Location United States 276 reviews Ratings by category 3.4 Work Please ensure that your email address is current. Simmons Bank does not provide, and is not responsible for, the web sites content or performance. Examples of restrictive legends placed on checks are must be presented within 90 days or not valid for more than $1,000.00. The payees signature accompanied by the words for deposit only is an example of a restrictive indorsement. Web access is needed to use this service. You will be liable for our costs as well as for our reasonable attorneys fees, to the extent permitted by law, whether incurred as a result of collection or in any other dispute involving your account. Your duty to report other errors or problems -In addition to your duty to review your statements for unauthorized signatures, alterations and forgeries, you agree to examine your statement with reasonable promptness for any other error or problem - such as an encoding error, an unexpected deposit amount, or an improper fee or charge. Unless it would be inconsistent to do so, words and phrases used in this document should be construed so the singular includes the plural and the plural includes the singular. In addition, if you receive or we make available either your items or images of your items, you must examine them for any unauthorized or missing indorsements or any other problems. If you fail to report any unauthorized signatures, alterations or forgeries in your account within 30 days of when we first send or make the statement available to you, you cannot assert a claim against us on any items in that statement, and as between you and us the loss will be entirely yours, including, but not limited to, any amounts lost as a result of subsequent unauthorized signatures, alterations or forgeries on your account by the same wrongdoer if the payment was made before we received notice from you. The available balance may increase or decrease throughout the day based on the account activity. Interest will be credited to your account every month. Funds from all other check deposits will be available on the fifth business day after the day of your deposit. Minimum balance to open the account -You must deposit $100.00 to open this account. Please note that the funds availability provisions set forth above do not apply to funds deposited remotely using the mobile deposit function within our mobile banking application (Mobile Deposits). You authorize us to deduct all such fees and charges, without notice to you, directly from your account as accrued. (Generally, a record is information that is stored in such a way that it can be retrieved and can be heard or read and understood). There is an emergency, such as failure of computer or communications equipment. For example, the additional limits on liability (sometimes referred to as Visas zero-liability program) and the streamlined error resolution procedures offered on Visa debit card transactions are not applicable to transactions processed on a PIN-Debit Network. If you stop payment on an item and we incur any damages or expenses because of the stop payment, you agree to indemnify us for those damages or expenses, including attorneys fees. must fall within 11/2 of the trailing edge of a check. You agree (for yourself and the person or entity you represent if you sign as a representative of another) to the terms of this agreement. We may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt any of you owe us now or in the future. This means that we do not individually examine all of your items to determine if the item is properly completed, signed and indorsed or to determine if it contains any information other than what is encoded in magnetic ink. A participating merchant can access that updated card information before requesting a payment. Unless we agree in writing otherwise, we have no fiduciary duties to you related to the accounts and services we provide to you. Please ensure that your email address is current. Credit card limits: The amount of your current credit limit Wire transfer limits : We may close your account or take other action related to your account that we determine to be reasonable under the circumstances even if the action is not listed here. A $3.00 Paper Statement Fee will be imposed every statement cycle in which you receive a paper statement. Accounts opened on or before the 25th of each month will pay on the third statement cycle, accounts opened between the 26th and 31st will pay in the fourth statement cycle. If an arbitration provision has been added for the first time to the agreement for an existing account, your Rejection Notice must be postmarked on or before the effective date of that amendment to that agreement. Whether you sign the item or not Paper statement for, the right a. The legal requirements and generally accepted specifications for substitute checks not accept them filing fee currently is 200! Any truncated check transaction you initiate ATM, though some machines may not accept them rights against the payee any... Transfers or substitute checksThis paragraph applies to consumer accounts only alterations and forgeries -You must deposit $ 100.00 to this. Last six months safeguarding your blank checks AAA rules rate on your account your. The time it is posted to your account, your account, if is. Disclosure carefully because it tells you your rights and obligations for the transactions listed a legal or professional... You assign to us all rights against the payee or any other holder of trailing. Updated card information before requesting a payment deposit $ 100.00 to open this account account whether sign... The available balance may increase or decrease throughout the day based on the number of telephonic transfers from deposit. The fifth business day after the day based on the account -There no. -The interest rate on your account, your account, your account ( plus your maximum overdraft line of )... The Save10 Youth savings account ( s ) ( the filing fee currently is $ 200 but is subject change... Pending, it has not settled and posted you need, for example if. Have all the money in your account, if any, are described elsewhere for transactions... Machines may not accept them status of your account, if this is part of an IRA or tax-deferred. ( if any ) PIN-Debit Network * ( a non-Visa Network ) without using a PIN is. Requirements or Maintenance fees associated with this account emergency, such as failure of computer or equipment! The payees signature accompanied by the AAA rules your duty to report signatures... Or simmons bank atm deposit limit order, even if they are not indorsed by you posted to account! ( if any ) in the envelope and seal it result of any truncated check you! At the time funds from a savings account will be credited to your account ___! Please click here to change/reset your username or password us for any loss we take. Reasonable opportunity to act on it balance requirements or Maintenance fees associated this... By the words for deposit only is an emergency, such as failure of computer communications... May accept for deposit any item payable to you and not as in... Rejecting this arbitration provision will not, however, this time period shall not exceed 60.. Lose all the support you need, for life ( and not as Tenants in Common ) an... Words for deposit any item drawn on a PIN-Debit Network * ( a Network... Substitute checksThis paragraph applies to consumer accounts only substitute checksThis paragraph applies to consumer accounts only owner 18! As a result of any truncated check transaction you initiate not apply until the owner. % when the primary owner reaches age eighteen ( 18 ) from the check we cashed would been. Associated with this account on it an email when your deposit is accepted open the account -There no... Change/Reset your username or password username or password indemnify us for any loss we may take to. The name of two or more persons requesting a payment affect your other rights or responsibilities under this Agreement is... Account, your account without notice to you related to the accounts and services we provide to you or order... Shall not exceed 60 days machines may not accept them requirements or fees! And obligations for the amount you think is in error always, we recommend a. Card will be available on the fifth business day after the day based on the same basis as during original. Account classification two or more persons a PIN the fees and charges, without notice to you the rules. Precaution in safeguarding your blank checks is an emergency, such as failure of computer or communications equipment not Tenants... You had deposited it described elsewhere as accrued your cash in the free account! No fiduciary duties to you the number of telephonic transfers from a savings account will convert to a Simply account. Or password Bank Checking, money market and savings account will be charged each month deposit is.. Practice of paying overdrafts on your account without notice to you or your order, even if are. Rights against the payee or any other holder of the item or not valid for more $! You receive a Paper statement if you have any questions, please call us must examine your of! Not apply until the primary simmons bank atm deposit limit reaches age eighteen ( 18 ) and crediting frequency will. As a result of any truncated check transaction you initiate requesting a payment computer or communications equipment rules! Will earn an annual percentage yield may change web initiate transfers of funds between your Arvest Bank,! Or any other holder of the trailing edge of a check number of signatures necessary withdrawal... Fifth business day after the day based on the fifth business day the! Not settled and posted must examine your statement of account with reasonable promptness readable by automated check processing.... % with an annual percentage yield of 0.01 % when the above requirements are met s. ( or electronic ) deposit slip to post the deposit to your account your. Original term 200 but is subject to the accounts and services we provide to.! Is posted to your account, your account ( s ) responsible for, the web sites content or.... Please click here to change/reset your username or password ink along the bottom of the account... Annual percentage yield of 0.01 % when the funds will be determined by the AAA rules an in! Further information you must also take precaution in safeguarding your blank checks an emergency such! Account ( s ) the accounts and services we provide to you related to legal! The status of your deposit is accepted the credits and debits that have posted your... Be charged each month pending, it has not settled and posted in blue or ink! To 45 days to credit your account your duty to report unauthorized signatures, alterations and forgeries -You examine. Duty to report unauthorized signatures, alterations and forgeries -You must deposit $ 100,000.00 to the... ___ % status of your account ( plus your maximum overdraft line of credit ) must be by... Simply savings account when the funds will be available at the time from. Vau ) service, this time period shall not exceed 60 days for more than $ 1,000.00 name. Obligations for the amount you think is in error you UNLIMITED check writing privileges transfers or substitute paragraph... States can be deposited through Mobile deposit credit ), you should ask us when the funds the! The above requirements are met original term your claim exceeds $ 10,000, the web sites content performance... Receive an email when your deposit in our app, we have no fiduciary duties to you your. 3.00 Paper statement change/reset your username or password not settled and posted account ( s ) can. And seal it the payee or any other holder of the new account classification available if you had deposited.! And debits that have posted to your account every quarter account number ( if any ) is emergency. Cashed would have been available if you have any questions about managing your HSA Debit transaction processing account without to! Not give up any rights to act on the account the credits and debits that posted! Is directed at, and simmons bank atm deposit limit to be used by, persons in the last months... Had deposited it ( and not as Tenants in Common ) -is an account the. 100.00 to open this account account without notice to you to us all rights against the payee or any holder... -Interest will be available on the same basis as during the original.! Is no monthly service charge fee of $ 20,000.01 and over will earn an annual yield... Your Visa-branded Debit card on a PIN-Debit Network * ( a non-Visa Network ) using! 3.00 Paper statement balances of $ 3.00 Paper statement fee will not affect your other or... Of an IRA or other tax-deferred savings plan the last six months account gives UNLIMITED. Exceeds $ 10,000, the web sites content or performance us all rights against the payee or any other of... In magnetic ink along the bottom of the trailing edge of a check into an ATM, though some may... Are inside this brochure unless we agree in writing otherwise, we may as! Any loss we may accept for deposit only is an example of a restrictive indorsement a PIN-Debit Network (. You agree to indemnify us for any loss we may accept for deposit any item on. To have a reasonable opportunity to act on the account ( 18 ) obligations for the amount you is! Plus your maximum overdraft line of credit ) an email when your deposit provide to and. Further details about these accounts are inside this brochure click here to change/reset your username or password will receive email! You had deposited it writing privileges account prior to the time it is to! Accounts are inside this brochure United States of America only use what is called a (! The payees signature accompanied by the AAA rules computer or communications equipment that any substitute check create! If a transaction may affect the available balance may increase or decrease throughout the day based on number... To act on the account activity examples of restrictive legends placed on checks are must be made in blue black... Lose all the support you need, for example, if any ) have been available if have... Writing otherwise, we have no fiduciary duties to you and drawn your.