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Bank On National Account Standards Recertification 2021-2022

Recertification

3. Please identify the staff person who will serve as the point of contact and who can answer any additional questions during the evaluation of the product. *This question is required.
4. Have your terms and conditions and/or fee schedule changed since your product was last certified as meeting the 2019-2020 National Account Standards? *This question is required.
5. If no, please upload your terms, conditions, and pricing sheet. *This question is required.
5. If yes, please refer to the updated standards to ensure you are in compliance with the 2021-2022 Bank On National Account Standards and upload a copy of your current terms, conditions, and pricing sheet. 

Please note that if your pricing or features have changed, the items below will need to be verified as meeting the updated National Account Standards:
  1. the account does not have an activation fee.
  2. the account does not have an early closure fee (fee for closing the account early or at any time).
  3. the out-of-network ATM fee either does not exceed $2.50, or it does not exceed $3 and your financial institution partners with another ATM network.
*This question is required.
5. Please confirm that the certified account adheres to the updated features of the 2021-2022 Bank On National Account Standards:
  *This question is required.
6. Upload any relevant documentation on this feature,
6. The Federal Reserve Bank of St. Louis partners with the CFE Fund to collect data on certified Bank On accounts and provide an annual report to the field. Bank On National Data (BOND) Hub reports are published on aggregate keeping anonymous each financial institution's individual data. Please provide a contact for us to reach out to with more information on this voluntary initiative. *This question is required.