Policies & Notices

Privacy Policy
Check 21 - The Check Truncation Act
Email & Internet-related Fraud
Service Charges
VISA ATM/Debit Card transaction limits
FDIC Consumer News
Transaction Account Guarantee Program
Money Market Accounts
Fee Schedule & Common Features Change
Amended Funds Availability

Effective August 6, 2007, financial institutions and retailers are no longer required to give customers a receipt for all transactions. A customer may not receive a receipt for any transaction at an ATM or point of sale terminal for $15 or less.

Check 21 - The Check Truncation Act

‘Check 21’ - The Check Truncation Act is a federal law that allows banks to handle checks electronically. This allows large volumes of checks to be processed quickly and efficiently, and results in these significant benefits for you:

• Checks clear faster, and as each check clears, the new balance is reflected on the account.
• Fraud is reduced because, as checks clear faster, banks are able to identify fraudulent items sooner and minimize customer inconvenience.
• Check images are accessible to you online and readily available to print if needed.

Beginning July 1, 2008, the Seattle office of the Federal Reserve Bank became a Check 21 capture and print facility, and all paper checks deposited to the Seattle office will be converted to Check 21 for collection.

What this means to you....

First Savings Bank Northwest will be truncating checks for all accounts with check writing capability. First Savings Bank Northwest will not return your cancelled checks. For your convenience, we offer “HomeBanker”, an internet banking service available at www.fsbnw.com, where you can view the front and back of your cancelled checks online. We know this will be a change for many of you. If you have questions about your statement please don’t hesitate to call or stop in the office.

Email and Internet Fraud

First Savings Bank Northwest is concerned with the prevalence of email and internet-related fraudulent schemes, such as "phishing" (fishing) and ID theft.

Our web site should not be accessed from a link provided by a third party. It should only be accessed by typing in the web site name or the URL address, into the web browser, or by using an established "bookmark" that directs your browser to our site. An outside link may take you to a site which appears like First Savings Bank Northwest, however this could lead to a "spoofed" site which is out to trick customers in to thinking they are responding to a bona fide request, and divulge personal information.

First Savings Bank Northwest will never ask for any personal or financial information from you via email.

We will not request your social security number, account number nor P.I.N.s.

Please report any such requests to our institution.

Click here to read a brochure prepared by the FDIC and other regulators regarding "phishing" and protecting your identity.

This brochure is in PDF format, and requires the Adobe Acrobat reader, please press the icon below to download Acrobat.

Visa ATM/Debit Card Transaction Limits

Deposits will not be accepted at ATMs.
Outside surcharges may be assessed at some ATM locations.
The above limits only apply to consumer accounts.  For business accounts please reference your Business Debit Card Agreement.

FDIC Consumer News

With banks and the economy in the news so much lately, many people are thinking more about the safety of their money. The good news for consumers is that federal insurance coverage has significantly increased, primarily as a result of a temporary boost in the basic insurance limit from $100,000 to $250,000.  The boost in insurance coverage is in place through Dec. 31, 2013. That's also why the Federal Deposit Insurance Corporation has issued an explanation of the new changes along with tips and information to help bank customers better understand their insurance coverage and how to be sure all their deposits are fully protected.

The advice was published as a special edition of the agency's FDIC Consumer News (the Fall 2008 issue) entitled "Your New, Higher FDIC Insurance Coverage: How You Can Be Fully Protected," which can be read or printed at www.fdic.gov/consumers/consumer/news/cnfall08. To order up to two free paper copies, use the online form on that same Web page or call the Federal Citizen Information Center toll-free at 1-888-8- PUEBLO (1-888-878-3256) weekdays from 8:00 a.m. to 8:00 p.m. Eastern Time and ask for Department 89.

The goal of FDIC Consumer News is to deliver timely, reliable and innovative tips and information about financial matters, free of charge. Current and past issues of FDIC Consumer News, including previously published special editions, are online at www.fdic.gov/consumernews.

Transaction Account Guarantee Program

First Savings Bank Northwest is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

Money Market Accounts

Starting July 2nd, 2009, the federal regulation limiting the amount of checks written on all Money Market Accounts has been increased from three (3) to six (6), with the six-per-month transaction limitation by means of check, debit card or similar order payable to third parties still applies.

Fee Schedule and Common Feature Change

Please refer to our new Fee Schedule & Common Features below, effective September 1st, 2009, as many fees will be changed.

• 2009 Fee Schedule

Amended Funds Availability