Deposit Account Agreement & Service Terms

Account Opening And Usage

  • Minimum Deposit Needed to Open Account: $0
  • Monthly Service Charge (Monthly Fee): $0
  • Requirements to Waive Monthly Service Charge: N/A
  • Interest-Bearing: No
  • Insufficient Funds (NSF) Charge - Returned Item: $0
  • Early Account Closing Fee: $0 
(if account closed within 180 days of opening)
  • Dormant Account Fee: $0
(per statement cycle)
  • Other Service Fees:
(please consult your account disclosure for a list of additional service fees)

Processing Policies

Posting Order **The order in which withdrawals and deposits are processed: ** 
We process and post transactions - both credits (including deposits) and debits - throughout the day. This approach allows us to more closely match the posting of transactions on your account with the timing of your actual account activity.

Note: Deposits received and posted late in the day will not cover payments and withdrawals posted earlier the same day.

Summary of Our Deposit Hold Policy **Direct Deposit
** Same business day as the day of deposit ‍

Dispute Resolution

If a dispute arises between us, either party may require that it be resolved through arbitration, rather than through jury trial. Please see the arbitration and waiver of jury trial provisions in your Consumer Deposit Account Agreement for additional details. ‍

Account Opening And Maintenance

  • Minimum Opening Deposit: $0
  • Monthly Service Charge: $0
  • Statement Cycle: Monthly
  • Dormant Account Fee: $0 per statement cycle

Overdraft / Insufficient Funds Fees

  • Insufficient Funds Charge (NSF) - Paid Item: $0 per item
  • Insufficient Funds Charge (NSF) - Returned Item: $0 per item

Legal Fees

  • Garnishments, Levies, Court Orders: $150 plus attorney fees

Your account will be subject to the terms and conditions, including all fees and service charges, applicable to BBVA accounts in the state where we maintain your account. For purposes of this disclosure, your account will be deemed to be maintained in the state of Alabama. For additional terms governing your account, please consult the Consumer Deposit Account Agreement.

NOTE: The above-noted fees and service charges are not set bank-wide. These prices are driven by the competition in your local market.

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