Priority Checking

Checking Account: Priority Checking

Minimum to Open: $25.00

Monthly Service Charge (per statement cycle): $20.00

Requirements to Avoid Service Charge

• $5,000.00 minimum daily collected balance. When opening your new account online, your opening deposit may be limited based on the funding method.   OR

• $7,500.00 in combined deposits or consumer loans or credit card balances. Calculations based on average daily balance for linked deposit accounts and average daily outstanding balance for linked consumer loans and credit cards. Linked deposit accounts may not include Certificate of Deposit or Individual Retirement Accounts. You may not link this account to any other Connect, Priority or Private Wealth checking account. Linked loans may not include mortgage loans.    OR

• For Qualified Wealth Management Clients.      OR

• $250,000.00 or more in a Trust Account OR in an account with Hancock Whitney Financial Consultants (excluding annuities).*

*Hancock Whitney Financial Consultants is a marketing name of Cetera Investment Services. Securities and insurance products are offered through Cetera Investment Services LLC, member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with Hancock Whitney Bank where investment services are offered, or Hancock Whitney Corporation. Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
Located at: Hancock Whitney Financial Consultants, 525 Florida Avenue SW, Denham Springs, LA 70726, 1-800-385-4188
Investments are:

Otherwise, a $20.00 monthly service charge applies. After account set up you will have the opportunity to select the accounts that you would like to be linked for combined balance calculation purposes.

Account Features

Statement: Imaged statements are produced and delivered monthly, free of charge, in the Personal Digital Banking applications. Paper statements may be available, free of charge, upon request. Contact a banker, at any time, if you do not receive a statement for this account.

Account Closure: We may close any account, in our sole discretion, at any time, for any or no reason, and without notice to you. For example, if this account maintains a $0 balance for at least sixty (60) consecutive calendar days, we may close this account.

Inactive Account: An inactive account is defined as an account having no client-initiated activity or contact for a period of 180 consecutive calendar days. Client-initiated activity reactivates an inactive account and includes deposits or withdrawals made in-person, by check, ATM or by electronic means. It does not include any interest, fees and charges assessed by the Bank. Please note that depositing funds via Mobile and Online Banking reactivates your account. However, with Mobile and Online Banking, if your account is inactive, you may not be able to transfer money out of your account. You can reactivate your account by visiting a Financial Center or calling our Contact Center at 1-800-448-8812 to speak to an associate. Your account should resume all normal activities by the next business day after contact or client-initiated activity has occurred. If your checking account has not had client-initiated activity or contact for 1 year, your account will become dormant, as disclosed in the “Dormant Account” section below and in the "Unclaimed Property and Dormant Accounts" section of the Deposit Agreement.

Fees

• Closing Fee within one hundred eighty (180) days of opening: $20.00.

• Dormant Account (No client-initiated debit or credit activity for one (1) year): No dormancy fee will be assessed. 

• Overdraft Charge (also referred to by us as Overdraft Fee (OD Fee) (each item): $36.00. This fee may apply to items created by check, in person withdrawals, ATM withdrawals or other electronic means. 

  An item presented for payment against an insufficient available balance in your account is an NSF item. There may be instances when we return NSF items when they have been presented to us for payment. We don’t charge a fee in those instances. An Overdraft Fee may be charged each time we pay any item that exceeds the available balance in your account. If an NSF item that has been returned by us unpaid is represented to us for payment and your account has an insufficient available balance, but we then pay the item, we may charge you an Overdraft Fee. If your account is overdrawn, you must immediately bring it to a positive balance.

  For items presented against an insufficient available balance (NSF items) and paid by us during nightly batch processing, we will not charge you an overdraft fee on the item if your final available balance after nightly batch processing is complete is overdrawn by $10.00 or less. Also, we will not charge you an Overdraft Fee for any NSF item of $5.00 or less paid against an overdrawn balance. Finally, we will not charge you for more than 5 overdraft fees per account per day (Daily Limit).

  For other information about our standard overdraft services, please refer to that disclosure titled, “What You Need to Know about Overdrafts and Overdraft Fees,” which you received when opening this account or the Deposit Agreement.

For additional charges which may be applied to this account, please refer to the Other Fees for Commonly Used Services section of this document.

Frequency of Rate Changes: At the bank’s discretion, we may change the interest rate and annual percentage yield (APY) on this account at any time without prior notification to you.

Compounding and Crediting: Interest is paid on minimum daily collected balances of $0.01 and greater. Interest will be compounded and credited to the account on a monthly basis. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, Non-Hancock Whitney checks). If the account is closed before interest has been credited, all accrued interest will be paid to you.

Balance Computation Method: The daily balance method is used to calculate the interest on the account. This method applies a daily periodic rate to the collected balance in the account each day.