In this arbitration provision only, references to you and your mean the account owners, all authorized or unauthorized users or beneficiaries of the account, each of those persons assignees, heirs, trustees, agents, or other representatives, and if the account owner is a business, the account owners parents, subsidiaries, affiliates, predecessors, successors, assigns, and each of those entities agents and employees. 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. Secure Cheque Deposits Safely and conveniently deposit your cheque (s) into your account using our ATM at any time of the day. We may permit some variations from our standard agreement, but we must agree to any variation in writing either on the signature card for your account or in some other document. We will add all of your open and active accounts to Mobile Deposit. In addition, we may place limitations on the account until your identity is verified. If you want to opt out, phone us at 1-866-246-2400, email us at debit.operations@simmonsbank.com, notify us through our website at https://simmonsbank.com/contact, or mail us notice of your intention to opt out at Simmons Bank, Debit Operations, P.O. Box 6609Pine Bluff, AR 71611-6609MORE DETAILED INFORMATION IS AVAILABLE ON REQUEST. The loss could be not only with respect to items on the statement but other items with unauthorized signatures or alterations by the same wrongdoer. You will receive an email with details if your deposit is rejected. WebTeller deposits after 6:00 p.m. and Peapack-Gladstone Bank ATM deposits after 3:00 p.m. will be credited on the next business day. To the extent permitted by law, you waive any notice of non-payment, dishonor or protest regarding any items credited to or charged against your account. The headings in this document are for convenience or reference only and will not govern the interpretation of the provisions. Indorsements must be made in blue or black ink, so that they are readable by automated check processing equipment. You agree to hold us harmless from any loss you incur as a result of your decision to withdraw funds in the form of cash. Written notice we give you is effective when it is deposited in the United States Mail with proper postage and addressed to your mailing address we have on file, or, if you have consented to receive notices from us electronically, when it is first made available to you electronically. Like any standard check or draft, a remotely created check (sometimes called a telecheck, preauthorized draft or demand draft) is a check or draft that can be used to withdraw money from an account. We will determine whether an error occurred within 10 business days (5 business days for Visa-branded Debit Card or ATM Card point-of-sale transactions processed by Visa) after we hear from you and will correct any error promptly. You can withdraw interest only on the crediting dates. Check with your cell phone provider for details on specific fees and charges. However, we must first obtain your consent to contact you about your account because we must comply with the consumer protection provisions in the federal Telephone Consumer Protection Act of 1991 (TCPA), CAN-SPAM Act and their related federal regulations and orders issued by the Federal Communications Commission (FCC). The Simply Youth Savings account will convert to a Simply Savings account when the primary owner turns 18. All costs and attorneys fees can be deducted from your account when they are incurred, without notice to you. Accrual of interest on noncashdeposits -Interest begins to accrue no later than the business day we receive credit for the deposit of noncashitems (for example, checks). Making sure you have all the support you need, for life. Duty to notify if statement not received -You agree to immediately notify us if you do not receive your statement by the date you normally expect to receive it. Beginning with the statement cycle in which your account is opened and for each statement cycle thereafter, your Coin Savings account may be eligible to earn either Relationship Premium A, Relationship Premium B, or neither. 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 refuse any withdrawal or transfer request which you attempt on forms not approved by us or by any method we do not specifically permit. Nothing in this document is intended to vary our duty to act in good faith and with ordinary care when required by law. Health Savings Accounts (HSA) -We permit some electronic fund transfers to and/or from your HSA. Mobile deposit is available to Simmons Bank online and mobile banking customers who are at least 18 years of age and have the most recent Simmons Bank App for iPhone or Android. Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. When you flip the check over, be sure to keep all indorsement information within 11/2 of that edge. 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. Rules governing changes in interest rates are provided separately in the Truth-in-Savings disclosure or in another document. 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. Do not discuss, compare, or share information about your account number(s) with anyone unless you are willing to give them full use of your money. The report card benefit will be paid at the close of the calendar school year and proof of grades should be submitted within 30 days of end-of-year (May/June) report card. Your entire indorsement (whether a signature or a stamp) along with any other indorsement information (e.g. If you elect to receive paper statements, a $3.00 Paper Statement Fee will be imposed for every statement cycle you receive a paper statement. Each of you intend that when you die, the funds in the account (subject to any previous pledge to which we have agreed) will belong to the survivor(s). 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 Our liability will be reduced by the amount you recover or are entitled to recover from these other sources. 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. An account number can be used by thieves to issue an electronic debit or to encode your number on a false demand draft which looks like and functions like an authorized check. 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. An account may not qualify for both Relationship Premiums A and B in any given statement cycle. Get the buying power you need with the rewards you want. You may not make any deposits into your account before maturity. A transaction charge of $0.25 will be assessed on each additional deposited item. 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. We may supply any missing indorsement(s) for any item we accept for deposit or collection, and you warrant that all indorsements are genuine. The Simmons Bank Coin Checking Account gives you UNLIMITED check writing privileges. 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. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it. As between you and us, if you are negligent in safeguarding your checks, you must bear the loss entirely yourself or share the loss with us (we may have to share some of the loss if we failed to use ordinary care and if we substantially contributed to the loss). As a result, we have no opportunity to review the signatures or otherwise examine the original check or item. You may make withdrawals of principal from your account before maturity. Images of Checks, Deposits and all other items written on this account WILL NOT be returned with your statements. The rules in this section cover stopping payment of items such as checks and drafts. Each such payment will constitute an additional overdraft. This arbitration provision is optional. All issues are for the arbitrator to decide, except that the court will decide any disputes over the arbitrability of claims. If you deliver a deposit to us and you will not be present when the deposit is counted, you must provide us an itemized list of the deposit (deposit slip). Insert your cash in the envelope and seal it. Simmons Bank has been named to Forbes magazine's "World's Best Banks" list for a third year running. This fee will not apply until the primary owner reaches age eighteen (18). If the machine uses envelopes, fill out the front of the envelope with any required information. We may continue to honor your checks, items, and instructions until: (a) we know of your death or adjudication of incompetence, and (b) we have had a reasonable opportunity to act on that knowledge. We can change our practice of paying overdrafts on your account without notice to you. Except as indicated elsewhere, we do not charge for these electronic fund transfers. We undertake no obligation to monitor transactions to determine that they are on the owners behalf. 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. In the event a special CD term is offered, the CD will renew at the term closest to the CD special term. These rules apply to this account depending on the form of ownership and beneficiary designation, if any, specified on the account records. This arbitration agreement does not preclude you or us from bringing issues to the attention of federal, state, or local agencies. where it is necessary for completing transfers; or, in order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or, in order to comply with government agency or court orders; or. The interest rate and annual percentage yield described below in the Your Account section reflect the base interest rate (Base Rate) in effect as of the date this disclosure is provided to you, and do not reflect any potential increases in the interest amount as a result of Relationship Premiums. You could lose all the money in your account (plus your maximum overdraft line of credit). We do not charge for direct deposits to any type of account. However, you can prevent your stop-payment order from expiring by renewing your stop-payment order before the end of the six-month period. If, through no fault of ours, you do not have enough money in your account to make the transfer. In that case, we will reverse the credit of the item. So I'd imagine if it's over $5,000 they'll probably need to have you come in and see a human. 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. Account Movement 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. Simmons Bank suggests that you consult the Privacy Disclosure on the site for further information. Deposit limits exist, too, although theyre less common. Capital One, for example, has a one-time cash deposit limit of $5,000. Some banks also set limits on how many bills (individual bank notes) you can deposit through an ATM. Any cash transactions are combined and treated as a single transaction, and those transactions count toward the $10,000 limit. In the event of a conflict, the terms of the HSA Agreement control. Simmons Bank has been named to Forbes magazine's "World's Best Banks" list for a third year running. First, if you are a business customer, the AAAs Commercial Arbitration Rules rather than the Consumer Arbitration Rules shall apply and, unless you and we agree otherwise, the dispute shall be resolved by a three-arbitrator panel, with each party choosing one arbitrator from the AAAs roster and the two party-appointed arbitrators selecting a third, who shall preside over the panel. (6) Requirement of Individual Arbitration:The arbitrator may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that partys individual claim. No ATM Fees + show details Simmons Bank Student Simply Checking APY 0% Monthly Fee None Signup Bonus None No ATM Fees + show details Simmons You agree to cooperate with us in any legal actions that we may take against such persons. Rate Information - Your interest rate and annual percentage yield may change. You have overdrawn your account repeatedly in the last six months. Beneficiaries cannot withdraw unless: (1) all persons creating the account die, and (2) the beneficiary is living when the last person who created the account dies. We may do these things even if the legal action involves less than all of you. Unless specifically stated in a separate agreement between you and us, we do not have to accept any other electronic or paper image of an original check. Within the debit and credit categories, we further generally subcategorize and post transactions by category/subcategory. You may stop payment on any item drawn on your account whether you sign the item or not. The AAA Rules are available online at www.adr.org or by writing to the Notice Address. For information on errors relating to a substitute check you received, refer to your disclosure entitled Substitute Checks and Your Rights. If your claim is for $10,000 or less, we agree that you may choose whether the arbitration will be conducted solely on the basis of documents submitted to the arbitrator, through a telephonic hearing, or by an in-person hearing as established by the AAA Rules. Your consent is limited to your account, and as authorized by applicable law and regulations. WebIf your mobile deposit exceeds your per-item limit, a two-to-three-day hold will be placed for the amount exceeding the limit. We may refuse any withdrawal or transfer request which is greater in number than the frequency permitted, or which is for an amount greater or less than any withdrawal limitations. This agreement evidences a transaction in interstate commerce, and thus the Federal Arbitration Act governs the interpretation and enforcement of this provision. This information can be found on your check as well as on a deposit or withdrawal slip. Repaying Overdrafts -- You agree to immediately repay us the amount of any overdraft on your account. 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