The Truth in Savings Act requires disclosures to be available on all consumer deposit accounts. Please inquire at any Jefferson Bank location for a Truth in Savings Act disclosure.
Federal regulations limit the number of transfers from a savings account to another account or to a third party by pre-authorized, automatic, telephone or computer transfer, or by check, draft, debit card or similar order, to six per month or statement cycle.
1 By federal regulation, savings accounts are limited to a combined total of six each month, or statement cycle of the following transactions: checks and pre-authorized withdrawals/transfers (online and telephone transfers, bill payments, overdraft protection transfers and automatic debits, for example).
2 Account may be linked to a line of credit which is subject to credit approval.
3 While Jefferson Bank does not charge fees for the use of Mobile Banking or Online Banking, message and data rates may apply. Check with your service provider for details
4 Check deposits are not immediately accessible against your Available Balance. Check deposits are limited to a $5,000 daily credit on your Current Balance. If a check deposit exceeds the $5,000 daily limit, an overnight hold will be administered for funds in excess of the daily limit.
5 Consult your tax advisor.
6 If the CD is not at maturity or in the 10 day grace period, there will be a bank penalty of six month’s interest. IRS penalties for early withdrawal may apply.
7 A penalty may be imposed for early withdrawal.
Jefferson Bank is chartered under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Banking. Any consumer wishing to file a complaint against Jefferson Bank should contact the Texas Department of Banking through one of the means indicated below:
In Person or U.S.
Mail: 2601 North Lamar Boulevard, Suite 300, Austin, Texas 78705-4294
Telephone No: (877) 276-5554, Fax No.: (512) 475-1313