Please examine this statement immediately. We will assume that the balances it shows are correct unless you notify us of any disagreement within 60 days.

INTEREST CHARGE: CREDIT LINE ACCOUNTS

  A daily INTEREST CHARGE will be imposed on all credit advances made under your Credit Line imposed from the date of each credit advance based on the “daily balance” method.  To get the “Daily Balance”, we take the beginning balance of your account each day, add any new advances, and subtract any payments or credits that apply to debt repayment, and any unpaid interest or other finance charges, fees, and charges.  This gives us the daily balance.

  Any INTEREST CHARGE is determined by applying the “Periodic Rate” to the balance described above.  Then we add together the periodic INTEREST CHARGES for each day in the billing cycle.  This is your INTEREST CHARGE calculated by applying a Periodic Rate.

 

IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR CONSUMER ELECTRONIC TRANSFERS

  If you think your statement or receipt is wrong or if you need more information about a transfer on the statement or receipt, we must hear from you no later than 60 days after we sent you the FIRST statement on which the error or problem appeared.  Telephone us at the number listed on the front of your statement or write us at the address in the upper left corner of the statement.

·         Tell us your name and account number

·         Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe there is an error or why you need more information

·         Tell us the dollar amount of the suspected error

We will tell you the results of our investigation within 10 business days and will correct error promptly.  If we need more time,         we may take up to 45 days to investigate your complaint.  In that case, we will recredit your account for the amount you think is in error, so that you will have use of the money during the time it takes us to complete our investigation.

 

  For transfers initiated outside the United States or transfers resulting from point of sale debit card transactions, the time periods for resolving errors will be 20 business days and 90 days, respectively.

 

WHAT TO DO IF YOU THINK YOU FIND A MISTAKE ON YOUR STATEMENT

  If you think there is an error on your statement, write to us at:  McIntosh County Bank, PO Box 100, Ashley, ND 58413

You may also contact us on the Web:  www.makeitmcb.com

In your letter, give us the following information:

·         Account information:  Your name and account number.

·         Dollar amount:  The dollar amount of the suspected error.

·         Description of Problem:  If you think there is an error on your bill, describe what you believe is wrong and why you believe it is a mistake.

  You must contact us within 60 days after the error appeared on your statement.  You must notify us of any potential errors in writing (or electronically).  You may call us, but if you do we are not required to investigate any potential errors and you may have to pay the amount in question.

While we investigate whether or not there has been an error, the following are true:

·         We cannot try to collect the amount in question, or report you as delinquent on that amount.

·         The charge in question may remain on your statement, and we may continue to charge you interest on that amount.  But, if we determine that we made a mistake, you will not have to pay the amount in question or any interest or other fees related to that amount.

·         While you do not have to pay the amount in question, you are responsible for the remainder of your balance.

·         We can apply any unpaid amount against your credit limit.

 

YOUR RIGHTS IF YOU ARE DISSATISFIED WITH YOUR CREDIT CARD PURCHASES

  If you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right no to pay the remaining amount due on the purchases

To use this right, all of the following must be true: 

1.      The purchase must have been made in your home state or within 100 miles of your current mailing address, and the purchase price must have been more than $50.  (Note:  Neither of these are necessary if your purchase was based on an advertisement we mailed to you, or if we own the company that sold you the goods or services.)

2.      You must have used your credit card for the purchase.  Purchases made with cash advances from an ATM or with a check that accesses your credit card account do not qualify. 

3.      You must not yet have fully paid for the purchase.

  If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing (or electronically) at: McIntosh County Bank, PO Box 100, Ashley, ND 58413.  You may also contact us on the Web:  www.makeitmcb.com

 


McIntosh County Bank

 

Balancing Your Checking Account

You may use this form to assist you in balancing your checking account to your statement.  Please complete all the information for the Statement Balance and Check Register Balance forms, and click the Calculate buttons near the bottom of the page.   When the Balances at the bottom of the page equals each other, (Adjusted Statement Balance and Adjusted Check Register Balance) you have balanced your checkbook!  If the Adjusted Statement Balance and Adjusted Check Register Balance do not equal each other, make sure all the information entered is correct and complete, and calculate and compare balances again.

Statement Balance Form

First Step

Enter Ending Balance of this Bank Statement:

Next Step :
Go through your check copies/stubs or check register and mark off each check listed as paid, as well as deposits and withdrawals, on your statement.  If you have written a check, deposited funds/money, or made withdrawals not listed on your statement, follow the instructions below to complete the fill-in section. Complete this section first.

  • Enter type of transaction (unpaid checks, deposits, and withdrawals) shown in your register and not on your statement.
  • Enter amount of the transaction
  • The BALANCE column is computed for you when you click the CALCULATE button near the bottom of the page  

Transaction

Amount

Balance

.


Final Step :
Click "Calculate", and your final account balance will be displayed!

Adjusted Statement Balance:

Checkbook Register Balance Form

First Step:

Enter Check Register Balance:

Next Step:
Go through your checkbook register and compare recorded items to your statement.  If ATM transactions, interest, fees/charges, incoming transfers (to your checking account), and outgoing transfers (from your checking account) are not recorded already in your checkbook register, follow the instructions below to complete the fill-in section.

  • Enter type of transaction (ATM, interest, fee/charge, and transfers) shown on your statement and not in your register.
  • Enter amount of the transaction
  • The BALANCE column is computed for you when you click the CALCULATE button near the bottom of the page

Transaction

Amount

Balance

.


Final Step :
Click "Calculate", and your final book balance will be displayed!

Adjusted Check Register Balance:

The Adjusted Statement Balance and Adjust Check Register Balance should equal each other.   If they equal each other, you have balanced your checking account!  If they do not equal each other, make sure all the information entered is correct and complete, and calculate and compare balances again.