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To: John Hunt who wrote (30394)3/21/1999 10:25:00 AM
From: John Hunt  Respond to of 116796
 
Fun & Games Banker Style

This notice from his bank was posted by 'Curious' at 10:07 on the Gold Eagle Forum.......

Effective with your next statement, a special linked savings account is opened with every checking account except for the [bank] Sweep Account and the [bank] Asset Management Accounts. At the beginning of each statement period, funds in each checking account that are in excess of a threshold balance as established by the bank from time to time in its discretion, are swept automatically into the linked savings account. If during any statement period the funds in a checking account fall below the threshold balance then the funds in the savings account, if any, are automatically swept back into the checking account to restore the threshold balance. On the 6th such sweep during a statement period all funds in the savings account will be returned to the checking account. You cannot directly access the linked savings account. Each checking account and its linked savings account are treated as a single account for purposes of record keeping and fees. The linkage of the accounts will not affect your use of the checking account. Please note that as required by federal regulation, the bank reserves the right to require 7 days written notice from you of intended withdrawals from any savings account. "

(Stamped "January 1999")

gold-eagle.com

Hmmmm ..... maybe I need to buy a new pair of glasses to read the Y2K fine print.