Disclosure

First American Bank
Elk Grove
1660 Louis Ave
Elk Grove, IL 60007

This disclosure contains information about terms, fees, and interest rates for some of the accounts we offer.

Interest Rates and Annual Percentage Yields are current as of April 19, 2014.   For current rate information call (847) 952-3700.

Free Checking


Limitations: You must deposit $100.00 to open this account.

Account Fees: No minimum balance required. The following features apply to this account: eStatements only. Free Debit Card.

An overdraft charge is imposed for overdrafts created by checks, in person withdrawals, ATM withdrawals, or by other electronic means, as applicable. See service fee schedule for complete information.

Within the first 30 days after an account is opened, the primary owner (designated by the first named owner on the signature card or on the statement) must enroll in our Online Banking Service and accept the Online Banking Agreement to receive free electronic statements. If the Online Banking Agreement is not accepted within the first 30 days of account opening your account will be converted to Personal Checking and subject to the Terms and Conditions of Personal Checking. See Schedule of Fees.

Cancelled checks are held in safekeeping. An overdraft charge is imposed for overdrafts created by checks, in person withdrawals, or by other electronic means, as applicable. Refer to Service Fee Schedule for additional information. You may be charged a terminal fee by another bank.