Terms and Conditions

Consumer

• Agreement section was updated for Minnesota accounts in the area defining the parties to clarify that the “trustee” we are referring to is the trustee of a trust created by a separate agreement.
• Withdrawals section was updated to help a reader better understand the potential risks when more than one person can draw on an account.
• Understanding and Avoiding Overdraft and Nonsufficient Funds (NSF) Fees section was updated including:
  • To help a reader understand how the available balance is determined.
  • A new subsection titled Important Information Regarding “Decoupled” Cards was added to explain the concept of “decoupled” cards and the associated risks, including helping you to avoid overdraft or NSF fees.
  • To reiterate that the overdraft fee policy does not only apply to the presentment of single items as the presentment of multiple items may result in multiple overdraft and/or NSF fees.
• Ownership of Account and Beneficiary Designation section was updated to include a sentence that we reserve the right to refuse some forms of ownership and beneficiary designations.
• Stop Payments section was updated to change the duration of stop payment orders from six (6) months to indefinitely.
• Amendments and Termination section was updated to address our ability to suspend or terminate a service and clarify that we have the right to add terms, to delete terms, and to reserve the right to waive any term of the agreement.
• Notice section was updated to address communicating via email for parties who may have agreed to that method of communication.
• Correction of Clerical Errors section was added to allow us to correct clerical errors, unless otherwise prohibited by law.
• Statements section was updated to include a sentence stating that the failure to receive a statement in a timely manner may not extend the time available to conduct a review of the statement.
• Legal Actions Affecting Your Account section was updated to include a sentence proactively stating that this agreement does not waive any depositor rights to challenge a legal action and clarify that, subject to applicable law, we can freeze assets in an account or take any other action as may be appropriate under the circumstances.
• Account Security Your Duty to Protect Account Information and Methods of Access sub-section was updated to address protecting access to the account through various methods and means of technology.
• Funds Transfer section was deleted.
• Electronic Funds Transfers Your Rights and Responsibilities section was updated including:
  • Currency Conversions and International Transactions sub-section was updated to increase the international transaction fee from one (1) percent to three (3) percent.
  • Limitations on frequency of transfers sub-section was updated to clarify  that a fee will be assessed if the frequency of transfers exceeds eight transfers per month.
  • Unauthorized Transfers sub-section was updated to clarify liability limits for certain situations.
• Your Ability to Withdraw Funds section was updated including:
  • To reflect the amount available for withdrawal from deposits not subject to next-day availability will increase to $275.

• • To clarify the amount available for same day availability is $100 for checks and cash deposited in-branch .

• • The amount available for withdrawal on exception holds for large deposits and new account holds is increasing to $6,725.

In addition to the changes noted above, we have also reorganized and re-titled sections, modernized language, and clarified responsibilities, duties, and operating procedures.  Your continued use of your account constitutes your agreement to the Terms and Conditions.

View consumer terms and conditions

Business

The revised Terms and Conditions are effective July 1, 2025.  Summary of major changes to the Terms and Conditions include:

• Agreement section was updated to change the applicable state law to North Dakota rather than the state of the branch in which your account is located.
• Withdrawals section was updated to help a reader better understand the potential risks when more than one person can draw on an account.
• Understanding and Avoiding Overdraft and Nonsufficient Funds (NSF) Fees section was updated including:
  • To help a reader understand how the available balance is determined.
  • A new subsection titled Important Information Regarding “Decoupled” Cards was added to explain the concept of “decoupled” cards and the associated risks, including helping you to avoid overdraft or NSF fees.
  • To reiterate that the overdraft fee policy does not only apply to the presentment of single items as the presentment of multiple items may result in multiple overdraft and/or NSF fees.
• Stop Payments section was updated to change the duration of stop-payment orders from six (6) months to indefinitely.
• Amendments and Termination section was updated to address our ability to suspend or terminate a service and clarify that we have the right to add terms, to delete terms, and to reserve the right to waive any term of the agreement.
• Notice section was updated to address communicating via email for parties who may have agreed to that method of communication.
• Statements section was updated to include a sentence stating that the failure to receive a statement in a timely manner may not extend the time available to conduct a review of the statement.
• Legal Actions Affecting Your Account section was updated to include a sentence proactively stating that this agreement does not waive any depositor rights to challenge a legal action and clarify that, subject to applicable law, we can freeze assets in an account or take any other action as may be appropriate under the circumstances.
• Account Security Your Duty to Protect Account Information and Methods of Access sub-section was updated to address protecting access to the account through various methods and means of technology.
• Currency Conversions and International Transactions sub-section was updated to increase the international transaction fee from one (1) percent to up to three (3) percent.
• Your Ability to Withdraw Funds section was updated including:
  • To reflect the amount available for withdrawal from deposits not subject to next-day availability will increase to $275.
  • To clarify the amount available for same day availability is $100 for checks and cash deposited in-branch .
  • The amount available for withdrawal on exception holds for large deposits and new account holds is increasing to $6,725.

In addition to the changes noted above, we have also reorganized and re-titled sections, modernized language, and clarified responsibilities, duties, and operating procedures.  Your continued use of your account constitutes your agreement to the Terms and Conditions.

View business terms and conditions