Mountain West Bank Business E-Z Switch Kit
MOUNTAIN WEST BANK SWITCH KIT FOR SMART BUSINESSES Save your business money with E-Z Switch from Mountain West Bank. No financial institution is better positioned to help your business thrive today and into the future. Through our association with Glacier Bancorp, we have offices throughout the Rocky Mountain West each one of them equipped to handle any and all of your banking needs and we ve been rated the top performing bank group in the country by Bank Directors Magazine. Make the switch today and put the benefits of experience, stability and responsible banking practices to work for your business. This kit, along with our business products and Legendary Customer Service, can help you do exactly that.
MOUNTAIN WEST BANK SWITCH KIT FOR SMART BUSINESSES Some of the reasons more businesses are making the switch to Mountain West Bank include: Totally Free Business Checking. 24-hour online access, Remote Deposit and Bill Pay. 24-hour approvals on small business loans of $10,000 or less. Legendary Service we ll even pick up your switch kit paperwork, help you fill it out and handle all the details. With us, getting set up couldn t be easier. We provide a seamless transition for your automatic withdrawals and deposits. There are more reasons than ever to make the switch to Mountain West Bank REASON #1: TOTALLY FREE BUSINESS CHECKING 2,500 Monthly Transactions FREE* No minimum balance No monthly service charge Easy-to-balance monthly statement with presorted images of your checks, either by mail or online Free online banking Free online Bill Pay Free VISA Debit Card Employee Direct Payroll Deposit available Only 20 for each item above 2,500 * Transactions include checks paid, checks deposited, online bill pay transactions, and ACH debits.
MOUNTAIN WEST BANK SWITCH KIT FOR SMART BUSINESSES REASON #2: TOTALLY FREE ONLINE BANKING AND BILL PAY See activity for all your accounts immediately following transactions Get updated loan and deposit balance information View images of cancelled checks Access approximately 90-day transaction history Make transfers and loan payments between your accounts View bank statements from the last twelve months Search for checks that have cleared Download transactions into your financial software Pay bills online through our free Bill Pay feature REASON #3: INVESTMENT AND CASH MANAGEMENT SERVICES Remote Deposit ACH Origination Auto Payroll Deposit Wire Transfer Free Merchant Services review and recommendations REASON #4: WE RE A SMALL BUSINESS ADMINISTRATION PREFERRED. And, we offer a variety of other loans to help your business grow. Commercial Loans Construction Loans Lines of Credit REASON #5: TEAM REWARDS PROGRAM Team Rewards is our program that gives your employees special benefits. Totally Free Personal Checking with a Free box of standard checks Free gift with every new checking account We ll buy back old checks and debit card (up to $25 value) Free online Bill Pay Free VISA Debit Card Free gift for participating in our Tell-A-Friend program Free access to accounts anywhere, anytime by Internet or phone Discounted consumer loan interest rates with Auto-pay
MOUNTAIN WEST BANK SWITCH KIT FOR SMART BUSINESSES Convenient. Easy. Strategically strong. Totally Free Business Checking is a great way To keep your business moving forward. This versatile program helps you manage Day-to-day business concerns, as well as addresses the bigger picture. And while this program fits most businesses perfectly, there are other options you may wish to consider. Our Business NOW Checking is designed for sole proprietors and not-for-profits organizations. Business Analysis Checking serves the needs of larger businesses. Lastly, our Business Advantage Money Market Account provides a great way for your business to earn interest* on excess funds while keeping those funds accessible and liquid**. You need only $2,500 to open when you have your primary business checking account with Mountain West Bank. No minimum balance Free online banking Free e-statements Monthly statements by mail or electronically FDIC insured to applicable limits No service fees on balances of $2,500 or more, just $8 per month on lower balances *Tiered interest rates variable at any time at the discretion of the bank. Not available to individuals or financial institutions. **Standard money market limitations on withdrawals. Schedule of fees is applicable where relevant. See your professional Mountain West Bank representative for further details on all four of our checking programs. We can match your needs with proven results and solutions.
MOUNTAIN WEST BANK SWITCH KIT FOR SMART BUSINESSES Switching is easy, you can do it today. SOLE PROPRIETORSHIPS 1. Social Security Number of Sole Proprietor -OR- Federal Employer ID Number (EIN a.k.a. TIN). For more information: http://www.irs.gov/businesses/small/article/0,,id=102767,00.html 2. Certificate of Assumed Business Name: http://sos.idaho.gov/ 3. Valid government-issued photo identification from signer(s) who will have access to the account. 4. Fictitious Name Filing (if applicable; this is usually unnecessary if owner s full name is in the business name). Some states do not require this, to find out if it applies to you, reference the appropriate state website. In Idaho: http://sos.idaho.gov/ In Washington: http://secstate.wa.gov/ In Utah: http://mycorporation.intuit.com/secretary-state/utah/ 5. A Social Security Number and valid government-issued photo identification of any additional signer(s). 6. Opening Deposit only $50 for checking account or planned savings account; $200 minimum balance to avoid quarterly service charge on savings account. 7. Money Service Business Questionnaire (completed by bank at account opening). 8. Bank Authorization Resolution (completed by bank and signed by customer at account opening). PARTNERSHIPS 1. Federal Employer Identification Number (EIN) of partnership a.k.a. Tax ID Number (TIN). For more information: http://www.irs.gov/businesses/small/article/0,,id=102767,00.html 2. Partnership Agreement OR- Articles of Partnership: http://sos.idaho.gov 3. Evidence of Formation / Filing with State. For more information, check the following sites: In Idaho: http://sos.idaho.gov/ In Washington: http://secstate.wa.gov/ In Utah: http://mycorporation.intuit.com/secretary-state/utah/ 4. Fictitious Name Filing (only if legal name of business is not used as the trade name; this applies to certain states only ask your Mountain West Bank representative for details) Some states do not require this, to find out if it applies to you, reference the appropriate state website. In Idaho: http://sos.idaho.gov/ In Washington: http://secstate.wa.gov/ In Utah: http://mycorporation.intuit.com/secretary-state/utah/ 5. Opening Deposit only $50 for checking account or planned savings account; $200 minimum balance to avoid quarterly service charge on savings account. 6. Money Service Business Questionnaire (completed by bank at account opening). 7. Bank Authorization Resolution (completed by bank and signed by customer at account opening). Bold type denotes bank provided.
MOUNTAIN WEST BANK SWITCH KIT FOR SMART BUSINESSES Bold type denotes bank provided. LIMITED LIABILITY COMPANIES (LLC) 1. Federal Employer Identification Number (EIN) of corporation a.k.a. Tax ID Number (TIN). For more information: http://www.irs.gov/businesses/small/article/0,,id=102767,00.html 2. Articles of Organization OR- Certificate of Formation or Incorporation OR- Charter. http://sos.idaho.gov 3. Evidence of Formation / Filing with State. For more information, check the following sites: In Idaho: http://sos.idaho.gov/ In Washington: http://secstate.wa.gov/ In Utah: http://mycorporation.intuit.com/secretary-state/utah/ 4. Fictitious Name Filing (only if LLC s legal name is not used as the trade name). Some states do not require this, to find out if it applies to you, reference the appropriate state website. In Idaho: http://sos.idaho.gov/ In Washington: http://secstate.wa.gov/ In Utah: http://mycorporation.intuit.com/secretary-state/utah/ 5. Opening Deposit only $50 for checking account or planned savings account; $200 minimum balance to avoid quarterly service charge on savings account. 6. Money Business Service Questionnaire (completed by bank at account opening). 7. Bank Authorization Resolution (completed by bank and signed by customer at account opening). CORPORATIONS 1. Federal Employer Identification Number (EIN) of corporation a.k.a. Tax ID Number (TIN). For more information: http://www.irs.gov/businesses/small/article/0,,id=102767,00.html 2. Articles of Incorporation OR- Certificate of Formation or Incorporation OR- Charter: http://sos.idaho.gov 3. Evidence of Formation / Filing with State. For more information, check the following sites: In Idaho: http://sos.idaho.gov/ In Washington: http://secstate.wa.gov/ In Utah: http://mycorporation.intuit.com/secretary-state/utah/ 4. Fictitious Name Filing (only if corporation s legal name is not used as the trade name). Some states do not require this, to find out if it applies to you, reference the appropriate state website. In Idaho: http://sos.idaho.gov/ In Washington: http://secstate.wa.gov/ In Utah: http://mycorporation.intuit.com/secretary-state/utah/ 5. Opening Deposit only $50 for checking account or planned savings account; $200 minimum balance to avoid quarterly service charge on savings account. 6. Money Business Service Questionnaire (completed by bank at account opening). 7. Bank Authorization Resolution (completed by bank and signed by customer at account opening).
MOUNTAIN WEST BANK SWITCH KIT FOR SMART BUSINESSES Mountain West Bank Locations Ione WASHINGTON IDAHO UTAH WWW. MOUNTAINWESTBANK. COM
MOUNTAIN WEST BANK SWITCH KIT FOR SMART BUSINESSES SCHEDULE OF FEES Only Mountain West Bank brings you Total Fee Disclosure. That means there are never any hidden fees associated with your Mountain West Bank accounts. Total disclosure, no hidden fees and no fine print. That s responsible banking that builds long-term relationships. Account closed within 6 months of opening... $20.00 Account research... $20.00/hour ATM or debit card re-issue fee... $5.00 Cash machine fees: at any Mountain West Bank or Starsm ATMs or Starsm Point of Sale terminals... no charge** Cashiers checks... $3.50 Check cashing... $15.00 Counter checks, each... $3.00 per page (4/page) Dormant account fee... $12.00/month Deposited items returned... $4.00 e-statements... FREE Foreign currency orders (including FedEx shipping)... $35.00 Items sent for collection... $20.00 Nonsufficient Funds (NSF) - (each debit or check returned)... $29.85 Overdraft (each debit or check paid)... $29.85*** Overdraft, sustained... $5.00 per day until the account is back in good standing Overdraft transfer fee (per transfer)... $5.00 Quicken /Money Download Access Fee... FREE Safe deposit boxes... Visit your Mountain West branch for fees and availability Safe deposit key deposit... $15.00 Stop payments... $30.00 Travel card... $11.95 Wire transfers... $21.00 Foreign wire transfers... $42.00 **When using a non-mountain West ATM, you may be charged a surcharge, or convenience fee by the ATM owner. The amount of the fee will be disclosed by the terminal owner at the time of the transaction. ***Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means. Rev. 04/12
NEW BUSINESS ACCOUNT APPLICATION Today s Date / / Business Name: BUSINESS NAME EIN: Physical Address: Mailing Address: Work Phone: E-mail Address: ( ) - Cell Phone: ( ) - Code Word: Street Address City State Zip Street Address City State Zip Federal regulation requires that the Bank have on file verification of customer identification. Please attach a photocopy of your driver s license or other photo ID if requested. Your Name: Title: SSN: DOB: CUSTOMER INFORMATION Physical Address: Mailing Address: Street Address City State Zip Street Address City State Zip ( ) - ( ) - ( ) - Home Phone: Work Phone: Cell Phone: E-mail Address: Employer: Mother s Occupation: Maiden Name: Drivers State Expiration License #: Issued: Date: Federal regulation requires that the Bank have on file verification of customer identification. Please attach a photocopy of your driver s license or other photo ID if requested. Your Name: Title: SSN: DOB: CUSTOMER INFORMATION Physical Address: Mailing Address: Street Address City State Zip Street Address City State Zip ( ) - ( ) - ( ) - Home Phone: Work Phone: Cell Phone: E-mail Address: Employer: Mother s Occupation: Maiden Name: Drivers State Expiration License #: Issued: Date: Federal regulation requires that the Bank have on file verification of customer identification. Please attach a photocopy of your driver s license or other photo ID if requested. Rev. 03/11
BUSINESS ANALYSIS CHECKING WORKSHEET Use the following worksheet to help determine approximate balance needs on Business Analysis Checking to offset any costs. A CREDIT EARNED ON BALANCE Estimate Average Collected Balance Divide by 1,000 (divided by 1,000) B C Multiply by earnings credit* MONTHLY CHARGES Basic Service Charges: Monthly Service Charge, $10.00 Number of Checks the Customer Writes X.10 Number of Credit Items Bankcard, Deposits X.25 Number of Items Deposited (on us, local, transit) X.06 Additional Service Charges: Number of Electronic Cash Management Transactions X.10 Number of Wire Transfers X $16.00 Number of Stop Payments X $25.00 Number of NSF Items X $29.85 Number of Returned Items X $4.00 Total: CUSTOMER S ESTIMATED MONTHLY CHARGES Total Monthly Charges (B, above) Less Monthly Credit Earned (A, above) Monthly Fee (cannot be less than zero) (multiply) (subtract) *This is only an estimate. Balance credit is earned on collected balances during the month. Rev. 04/12
CHECK ORDERS Only for personal size checks in a business name. For more options please visit https://reorder.harland.net/ Business Name: Customer Name: Account Number: Account Type: Order Code/Style Number: (required) See Catalog with Bank Representative. Starting Number: Quantity: Style: Single Duplicate Personal Details: Address: Name #1 Name #2 Name #3 Include Phone Numbers? Yes No Number: Include Drivers License Number? Yes No Number: Ship to: Address on Checks Branch Branch # Delivery Method: Standard: 7-10 Business Days, No additional Charge *Quick Ship: 2-3 Business Days, $18.95 Additional Charge First Class: 4-6 Business Days, $8.35 Additional Charge *Quick Ship: 1-2 Business Days, $21.95 Additional Charge *There is a 10:00 am cut off time for the Quick Ship Options. Additional costs may apply to business checks. Special Instructions: Customer Signature: Rev. 03/11
BUSINESS DEBIT CARD REQUEST BUSINESS DEBIT CARD Business Name: *Limited to 19 Characters including spaces Customer Name: *Limited to 19 Characters including spaces Account Numbers: Mailing Instructions: To Customer Address To Branch Location Special Requests or Comments: Rev. 03/11
ONLINE BANKING APPLICATION Online Banking & Bill Pay Disclosures/Agreement The Mountain West Bank NetTeller Funds Transfer Agreement ( this Agreement ) is entered into between Mountain West Bank ( the Bank ) and the undersigned account customer. As used in this Agreement, the words you and your means the undersigned account customers having account privileges on all of the accounts listed on the NetTeller Setup Form which are referred to as the Funds Transfer Accounts. The Bank is requested to set up the Funds Transfer Accounts for access through the NetTeller banking product. The person(s) signing the application below will be permitted to electronically transfer funds between the Funds Transfer Accounts through the Internet by using an Identification code ( Password ) and a Personal Identification Number ( PIN ). The proper combination of Password and PIN will be referred to as the Access Code. The Bank will permit access to the Funds Transfer Accounts to an individual who has the Access Codes. In order for the Bank to maintain the security of the Funds Transfer Accounts, the Access Code is used by the Bank to identify the individual authorized to obtain access to and make transfers between Funds Transfer Accounts. You agree not to reveal your Access code to any individual who is not authorized to have access to the Funds Transfer Accounts. By signing this Agreement, you agree that it will be conclusively presumed that any transfer between the Funds Transfer Accounts using NetTeller was done with your actual authority if done by you or any individual who was furnished your Access Code. Certain disclosures pertaining to consumer accounts and transaction are set forth in the terms and conditions of your Mountain West Bank Account. By signing this Agreement, you acknowledge receiving a copy of this disclosure. It contains information about your account. You also agree to receive changes to terms and conditions by electronic form (e-mail, web site postings) in lieu of regular mail. A request for a transfer of funds between the Funds Accounts occurring after 7:00 P.M. PT will be posted the following business day. Either you or the Bank may terminate this agreement at any time. In the event of termination, the rights and obligations of each party shall terminate. Only funds that are available, in accordance with the Bank s Funds Availability Policy, can be transferred between the Funds Transfer Accounts. In making electronic transfers between the Funds Transfer Accounts, the bank shall have no liability whatsoever to you for any special, general, direct, indirect, or consequential damages. Your failure to notify the bank, except for transactions to which the Electronic Funds Transfer Act apply, within 14 days after notice is received by you for any unauthorized transaction, shall discharge the Bank from any liability to refund any unauthorized transaction. By signing this agreement, you also acknowledge that you have read and will abide by the Terms and Conditions of Usage of Mountain West Bank s web site posted on the site. Bill Payer: By signing this agreement, to authorize Mountain West Bank to post payment transactions generated by PC from the Bill Pay service to the account you have indicated in the box marked Pay From Account. You understand that you are in full control of your account. If at any time you decide to discontinue service, you will provide written notification to Mountain West Bank. Your use of the Bill Payment Service signifies that you have read and accepted all the terms and conditions of the Bill Paying Service. You understand that payments may take up to 10 business days to reach the vendor and that they will be sent either electronically or by check. Mountain West Bank is not liable for any service fees or late charges levied against you. You also understand that you are responsible for any loss or penalty that may incur due to a lack of sufficient funds (NSF fees apply) or other conditions that may prevent the withdrawal of funds from your account. Online Banking & Bill Pay Application Primary Account Holder Name Secondary Account Holder Name Address City, State, Zip Home Phone C CUSTOMER S ESTIMATED MONTHLY CHARGES Address City, State, Zip Work Phone Home Phone Work Phone Social Security Number E-mail Address Social Security Number E-mail Address Your signature, please. By signing, you agree to the terms and conditions as stated above. You acknowledge that you are an authorized signer on all accounts listed here. If you want access to more than these accounts, list the others on a separate sheet of paper and attach. Account Number Type (savings, checking, or loan) What would you like to call your account? Sign me up to pay bills from account number Rev. 07/11
ONLINE BANKING INFORMATION Get Connected...With Free Online Banking & Bill Pay. Access to your accounts has never been simpler! NetTeller banking is available 24 hours a day, seven days a week, and you can access all of your Mountain West accounts. View transactions between defined dates, transfer between accounts on a one-time basis, or set up recurring funds transfers, including loan payments. View checks as they clear your account, too! Print statements, download into financial or spreadsheet software for better management of your cash. For a small fee, you can download to Quicken and MS Money. Ask us for details. Transfers scheduled for a day that falls on a weekend or holiday will take place the last business day before the weekend or holiday. It s As Easy As A Click Of The Mouse. To get started, you ll need access to a computer and an Internet service provider. Then, complete the simple application (also available online at mountainwestbank.com), sign and either mail it to us at P. O. Box 1059, Coeur d Alene, Idaho 83816, fax it to us at (208) 292-0599, or drop it by any of our branches. You will be provided with a unique NetTeller identification number. The first time you log in, you will be prompted for your identification number and your PIN. Your PIN will be the last four digits of the primary account holder s social security or tax identification number. You will then be prompted to change it to a PIN only you will know. It s Safe, Secure, And Reliable. Not only is Internet banking one of the most convenient ways to access your accounts, it also stringently adheres to industry standards regarding security. We employ state-of-the-art technology to keep your information secure. All sensitive information is encrypted and access requires a password that only you know. If you accidently forget to log off the system, NetTeller logs you off after just a few minutes. These are just a few of the security systems in place. It s User Friendly. You have the flexibility of giving your accounts names that have meaning to you instead of trying to remember what number goes with which account. What Happens If I Forget My PIN? You are allowed three PIN attempts, and on the third attempt, if invalid, the system will lock you out for 24 hours. After the 24 hour period you may attempt to log in again. If you lose or forget your identification number or your PIN, Customer Service can help you during regular business hours. Call (208) 765-0284 (Coeur d Alene residents) or 1 (800) 641-5401 for assistance. Pay Your Bills Online. With Mountain West Bank s online Bill Pay, consumers can pay their bills free. You can pay anyone in the United States, from your next door neighbor, to the utility company, the bank, or someone across the country (with the exception of government entities). The money will be withdrawn from your account on the date you have set if the payment is electronic. If the payment is by check, the money will be withdrawn when the check clears your account. You may add or delete payments scheduled Sunday through Friday up until midnight of the day before the scheduled payment. Payments are processed twice daily, 10:00 a.m. PST and 12:00 a.m. PST. If the scheduled payment falls on a weekend, your payment will be processed on Friday evening. Holiday processing is done the following day after the holiday. Check payments should be scheduled ten business days in advance to ensure proper posting. Electronic payments should be scheduled two to three business days in advance of when you want the payment to be posted at the payee. Payment history is stored from the time you start using Bill Pay forward. The minimum amount you can make a payment for is a penny. You may schedule payments ninety days in advance of the first due date. Recurring payments can have an end date of any date in the future. You may make multiple payments to the same payee as long as the payment amounts are different. For your protection, the system will not pay duplicate items in the same day. For more information, please contact a Mountain West Bank representative. Rev. 03/11
ORGANIZER Use this page to keep track of all the information you need to switch deposits and automatic payments to your new bank account. Your New Account Number Your New Routing Number 123171955 Direct Deposits Company Name/Address Account Number Phone Number 1 2 3 Automatic Payments 1 2 3 4 Close Old Account Company Name/Address Account Number Phone Number 1 Make sure all of your outstanding checks have paid through your previous account. 2 3 4 5 6 Rev. 03/11