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REGULATION E AND HOW IT AFFECTS YOU

Recently, the Federal Government passed a bill that allows businesses to NOT provide customers’ with receipts for electronic purchases under $15.00. Many merchants will still continue to provide receipts – they are now just not obligated to do so.

Affinity Bank checking account customers, as well as anyone with a checking account, may be in a position where they might not get a receipt from a merchant so we are providing a few helpful hints to make sure your account stays in balance:

Hint #1

Keep enough money in your checking account where an occasional $15 debit won’t put you at risk of overdrawing your account.

Hint #2

Keep a small piece of paper in your wallet where you can record these small transactions when they occur and transfer them to your checkbook at a later time.

HINTS for Affinity Bank Checking Customers

If your account is with Affinity Bank, we have a couple of additional hints:

Sign up for an Affinity Bank Overdraft Line of Credit that will automatically move money into your account when your balance reaches zero and stops you from incurring NSF charges.

Sign up for Affinity Online so while you might not get a receipt, the transaction is recorded for your future reference.

Sign up for Affinity Bank’s BIG Checking account that pays you up to a whopping 3.00% APY* on your balances. With that kind of interest earned, you won’t even notice a missing $8 transaction!!

Call 800.489.2194 today for the branch nearest you and open your checking account today. Click here to view the Affinity Bank Switch Kit - it makes switching accounts easy!

* APY (Annual Percentage Yield) information is accurate as of May 12, 2008 and is subject to change. These rates may not be available at all locations. See additional terms and conditions governing deposit accounts in the Deposit Account Agreement and Schedule of Fees and Charges sent with your new account materials.

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