First International Bank & Trust

Truth in Savings Disclosure

This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

A service charge of $1.57 will be imposed every statement cycle. A check charge of $.07 will be imposed for each check presented for payment.  The period we use is monthly statement cycle.

A credit of $0.10 for each $100.00 of the lowest balance attained during the statement cycle will be applied to the service charge for that statement cycle.  The credit cannnot exceed the total monthly service charge and check charge fees.

Additional Terms:

  • Check printing fee depends on style ordered.
  • A fee of $0.50 will be charged for each check, not ordered through First International Bank & Trust, which cannot be automatically processed.
  • A dormant service charge fee of $5.00 will be charged monthly if for one year no deposits or withdrawals are made to the account and if the account balance falls below a constant minimum balance of $1,000.
  • When processing checks drawn on your account, our policy is to pay checks in numerical sequence. Lower check numbers are paid first.
  • We charge a $30.00 Paid Overdraft Item Fee for each item that would create an overdraft or non-sufficient funds balance on your account that we choose to pay at our discretion.
  • We charge a $30 Returned Item Fee for each item that would create an overdraft or non-sufficient funds balance on your account that is returned.
  • We also charge a $30 Continuous Overdraft Balance Fee each 7th calendar day the account reamins overdrawn. If the 7th day is a non-processing day (Saturday, Sunday, or a Holiday), the fee will be assessed to the account on the business day prior to the non-processing day.
  • An overdraft or non-sufficient funds or negative balance may result from the (1)payment of checks, in-person withdrawals, recurring debit card transactions or other electronic funds transfers, or other withdrawal requests you initiate; (2)payments authorized by you; (3)the return of unpaid items you deposited; (4)charging your account for our applicable service charges and fees; or (5)the deposit of items to your account which according to our Funds Availability Policy, are treated as not yet "available" or "finally paid".
  • Each Stop Payment requested will be charged $30.00 per item or $60.00 per range of items.
  • An early account closing charge of $10.00 will be assessed on any account that has been open less than 6 months.
  • If you use an automated teller machine that is not operated by us you may be charged a fee by the operator of the ATM or network.
  • If you conduct a transaction with the ATM/Debit card in a foreign country, there will be an International Service Assessment or an International Currency Conversion fee of up to one percent (1%) of the transaction amount that will be included in the transaction that appears on your monthly statement.
  • Refer to the Fee Schedule for charges for other requested services.


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First International Bank & Trust © 2014
100 North Main
Watford City, North Dakota 58854
Equal Opportunity Lender
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