MBL Bank Welcome Kit

IMPORTANT DATES

JULY 11, 2018

  • Bill Pay services will be unavailable beginning Wednesday, July 11, 2018, at 3:00 PM and will be restored on Monday, July 16, 2018 at 9:00 AM.

JULY 13, 2018

  • MBL Bank and b1BANK integrate systems beginning at 5:00 PM.  MBL Online Banking systems will be unavailable from 5:00 PM on Friday until 9:00 AM on Monday.  MBL Bank locations normally open on Saturday will be closed July 14, 2018.

JULY 16, 2018

  • All offices will open as b1BANK on Monday, July 16, 2018.
  • You gain access to the full range of products and services offered by b1BANK.

HOW CAN WE SERVE YOU?

Discover b1BANK, a division of Business First Bank, within the pages of this Welcome Guide.
We are here to help you achieve your financial goals with a full range of sophisticated personal and commercial products and services to get the job done.

318.377.0523

Welcome to b1BANK

On January 1, 2018, we successfully completed the merger of MBL Bank into Business First Bank. We believe this merger is an opportunity to create an innovative regional bank that not only offers the best personal products and services available, but also one that delivers first-class business products and services. Our combined teams will provide you with the same level of customer service you have come to expect from our awesome Minden team along with the latest personal and commercial products and financial resources to help you achieve your goals. Thus, we will be launching b1BANK, a division of Business First Bank, in your community as a reflection of our ability to help you with all of your financial needs – both personal and commercial.

This Welcome Guide is designed to help you discover b1BANK. On July 16, 2018, you will have access to products and services including mobile apps, mobile check deposits, person-to-person payments, courtesy coverage (overdraft program), wealth solutions, private banking products, and commercial services for small and large businesses. Also included, information intended to ensure a seamless transition to Business First Bank banking systems as we complete the system’s integration on July 16, 2018. You will also find contact information in case you need help, have questions, or just want to take a moment to get to know us better, just as we look forward to getting to know you.

Thank you for the opportunity to continue to serve you, and welcome to your new bank – b1BANK!

Jude Melville
President and CEO
Business First Bank

Jack E. Bryd Jr.
Regional Chairman
Business First Bank

MBL BANK OFFICES

On Friday, July 13, 2018, MBL Bank offices will close at their normally scheduled closing times to prepare for the transition to b1BANK, a division of Business First Bank. MBL Bank locations normally open on Saturday will be closed July 14, 2018. On Monday, July 16, 2018, all offices will reopen as b1BANK, ready to provide you with a broad range of products and services.

MASTERCARD® DEBIT CARDS

If you currently have an MBL Bank Mastercard® Debit card, you will continue to use that card to access your accounts. During the weekend beginning July 13, 2018, you may continue to make purchases and use the ATM to withdraw cash; however, balance inquiries will be unavailable via ATM or Telephone Banking, but will be restored by Monday, July 16.

You will be able to continue to use your MBL Bank Mastercard® Debit or ATM card at any b1BANK or Business First ATM without any fee for cash withdrawals, transfers, and account inquiries, as well as deposits wherever accepted.

TELEPHONE BANKING

Automated Telephone Banking services provide 24/7 access to your account information.  Telephone Banking services will be unavailable from Friday, July 13, 2018, beginning at 5:00 PM. Services will be restored on July 16, 2018, at 9:00 AM by calling 877.471.2265.

When you access Business First Bank’s Telephone Banking, you will need to provide your account number, type of account, and the last four digits of your Social Security number or tax identification (EIN) number.

You will be asked to change your personal identification number during your initial call. You may transfer to our Customer Service Center from Telephone Banking during business hours for questions and additional information.

AVAILABILITY OF DEPOSITS

To review Business First Bank’s Funds Availability Policy and obtain important information regarding when and how we make funds from your account available, please refer to our website at b1BANK.com.

Customer Service Center 318.377.0523 9:00 AM – 5:00 PM, Monday – Friday

ONLINE BANKING

If you currently bank online, you will automatically be enrolled in Business First Bank’s Online Banking and will be able to access this feature beginning Monday, July 16, 2018. Current Online Banking customers will receive login information and step-by-step instructions via mail between July 2-12, 2018. (If you do not receive the information during this time period, please contact us to receive a temporary password and instructions.)

  • You will have access to the same accounts at b1BANK as you did at MBL Bank.
  • You will be able to transfer funds between the same accounts at Business First Bank as you did at MBL Bank.
  • IMPORTANT NOTE: You will have at least 18 months of MBL Bank account history available on the new online banking system. If you currently utilize the transactional categories feature, you will need to print this history prior to Friday, July 13 at 5:00 PM — it will not transfer to the new system.

ONLINE BILL PAY

If you currently use Online Bill Pay, you will be automatically enrolled in Business First Bank’s Online Bill Pay service.

  • Verify payee information transferred correctly to the new system before using Online Bill Pay for the first time.
  • We recommend you print your MBL Bank payee list and currently scheduled
    payments prior to Wednesday, July 11, 2018, to verify that all information is transferred to Business First Bank’s Bill Pay service.
  • To ensure all scheduled payments are processed correctly, Bill Pay services
    will be unavailable beginning Wednesday, July 11, 2018, at 3:00 PM and will be
    restored on Monday, July 16, 2018. at 9:00 AM.

MOBILE BANKING

Mobile Banking with b1BANK brings you 24/7 banking convenience! All you need to begin is a b1BANK Online Banking account and a mobile device. With the b1BANK Mobile Banking App, you can pay bills, transfer money, check balances, and locate convenient branches or ATMs. You can also deposit a check by snapping a picture of it with your mobile device. To learn more or download the app, please search for b1BANK (no spaces) in the Apple® App Store or Google Play™ Marketplace.

After establishing your Online Banking login ID and password, you can perform a first-time login via our app. You’ll just enter your username/password, obtain a Secure Access Code, and register the device you are using (optional).

YOUR CHECKING AND SAVINGS ACCOUNTS

Your MBL Bank account(s) will continue with the same benefits and features you received as an MBL Bank deposit customer. You may continue to use your MBL Bank checks and deposit slips without interruption.

  • Direct deposits and automatic transfers to and from your accounts will continue without interruption. Automatic transfers will be posted to the account nightly on the same business day that the transfer is scheduled, or the next business day if the transfer is scheduled on a weekend or holiday.
  • When you need to order new checks or personalized banking documents, you can order by phone, in person, or through our website at b1BANK.com. If you order checks from a source other than Business First Bank, please call our Customer Service Center at 318.377.0523 to obtain important bank-specific information prior to placing your order.
  • For incoming wire transfers dated after Friday, July 13, 2018, please notify the senders of the following; Business First Bank’s routing/ABA number, which is 111010170, credit to Business First Bank #2001519 and include special instructions with your name and account number.
  • Outgoing wire transfers can be made in person at any of our banking centers. b1BANK’s wire transfer cutoff time is 3:00 PM CST, Monday through Friday, for all outgoing domestic wires. International wire cutoff time is 2:00 PM CST.

As of July 16, 2018, Business First Bank will become the new custodian of your IRA plan. There will not be any changes to your IRA plan.

If you have any questions about your accounts, please contact our Customer Service Center 318.377.0523 9:00 AM – 5:00 PM Friday

YOUR STATEMENTS

Your final statement from MBL Bank will show a record of transactions through Friday, July 13, 2018. Thereafter, your Business First Bank statements will be created on the following schedule:

  • eStatements – 15th of the month
  • Consumer Statements – 26th of the month
  • Commercial Statements – at the end of the month
  • Although you will notice a slightly different format, the information included in your statement will be the same. If you have any questions after you receive your Business First Bank statement, please call our Customer Service Center at 318.377.0523.
  • You will receive images of your paid checks with your new Business First Bank checking account if you are currently receiving images with your MBL Bank account. In addition, images will be available through Business First Bank’s Online Banking for activity beginning July 16, 2018.

YOUR CDS AND IRA CDS

Unless you receive a notice of specific changes by the end of July, the current rate and term of your CDs will remain the same until their maturity dates. When you receive your maturity notices, review them carefully for specific terms.

LOANS OR LINES OF CREDIT

The terms of your loan or line of credit will remain unchanged, and fees and late charges will be assessed in accordance with your existing contract.

  • For your personal line of credit, your final line of credit statement from MBL Bank will
    show a record of transactions through Friday, July 13, 2018. Thereafter, your Business First Bank line of credit statements will be mailed at approximately the same time each month as your current statements. Although you will notice a slightly different format, the information included in your loan statement will be the same.
  • If you currently receive billing notices or detailed bills for your loan or line of credit, you will receive a similar Business First Bank notice or detailed bill.
  • If you were issued a coupon book for your loan and use coupons to make your loan
    payments, you should continue to use those coupons.
  • You will have several convenient loan and line of credit payment options:
    • Payments made by automatic deduction from a deposit account will continue.
    • Beginning Monday, July 16, 2018, you can make payments at your local b1BANK or Business First Bank office or through Online or Mobile Banking.
    • You can make loan payments by phone from your b1BANK checking or savings
      account simply by calling 318.377.0523.
    • You may mail your payments to Business First Bank, 100 MBL Bank Drive, Minden, LA 71055.
  • After Wednesday, July 13, 2018, questions about your loan can be directed to our Customer Service Center at 318.377.0523 Monday through Friday from 9:00 AM to 5:00 PM.

ACCOUNTS AND SERVICES – GENERAL INFORMATION, LOCATIONS, ATMS, AND HOURS

  • Will my account number change?


    No.  Account numbers will remain the same.

  • What will happen to branches located in Minden?


    All MBL Bank banking center locations will remain open.

  • Will the merger affect the branch hours of the banking center I currently use?


    No.  Banking center hours will remain the same. Locations open on Saturday will maintain the same operating hours. You will be notified in advance of any changes to hours at the banking center you use.

  • Will ATM locations change?


    No.  MBL Bank ATMs will be branded as b1BANK. If we make any changes to ATM locations, we will notify customers on our website.

  • What about other surcharge-free ATMs?


    Use of b1BANK and Business First Bank ATMs will be free of charge.  However, foreign ATM fees may be applied.  Business First Bank is part of PULSE, PLUS, and Cirrus ATM networks, with thousands of locations nationwide.

  • Will my bank statement look different than what I have now?


    Yes.  After we complete the systems integration, you will begin to receive Business First Bank formatted statements.

  • When will I receive my final MBL Bank statement?


    All customers will receive a paper copy of their statement, dated July 13, 2018.  This will be mailed the week of July 16, 2018.

  • When will I receive my first Business First Bank statement?


    Monthly statements are provided on the following dates:

    • eStatements – 15th of the month
    • Consumer Statements – 26th of the month
    • Commercial Statements – at the end of the month


  • Can I obtain copies of my MBL Bank deposit statements after July 13 2018?


    If you are enrolled in online statements, you will have at least 18 months of account history available after Friday, July 13, 2018.  To request a paper statement, visit one of our banking centers or call our Customer Service Center at 318.377.0523 for assistance.

  • Will I automatically receive new deposit slips?


    No.  You may use your MBL Bank deposit slips until you are ready to reorder.

  • Will I still be able to use my MBL Bank checks or will I receive new checks?


    You may use your MBL Bank checks until you are ready to reorder. When you reorder after July 13, 2018, use Business First Bank’s routing number, 065405420, for your new checks.  You can reorder at any Business First Bank location, by calling our Customer Service Center at 318.377.0523, or at b1BANK.com.

  • Will my account fees change?


    See full list of account fees located on the “Chart of Miscellaneous Fees” tab.

  • Will my account link agreement continue for my personal checking account?


    Yes.  If you currently have an account link agreement, your coverage will continue as normal.

DEBIT CARDS, CREDIT CARDS, ONLINE BANKING, ELECTRONIC SERVICES, AND OTHER INFORMATION

  • Will I be able to continue using my MBL Bank Mastercard® debit card and credit card?


    Yes.  You can continue to use your MBL Bank debit and/or credit card until card expiration.

  • How do I access Telephone Banking?


    Beginning July 16, 2018, you can call 877.471.2265.

  • Will my login information change for Telephone Banking?


    Yes, you will need your account type, account number, and the last four digits of your Social Security number or tax identification (EIN) number for your initial call.  The system will prompt you to establish a new password.

  • Will my Online Banking access change?


    Yes.  This information will be mailed to you between July 2-12, 2018.

  • What about Online Banking for my business account?


    Business First Bank’s Treasury Management staff will contact business customers individually in July to transition this service.

  • Will my direct deposit be affected?


    No.  Any direct deposits you currently have through MBL Bank will be forwarded directly
    to your new b1BANK account for deposit.  Remember, your account number will not change.

  • What about automatic deduction of payments from my MBL Bank deposit account?


    All previously authorized automatic payments will continue as normal. Please use Business First Bank’s routing number, 065405420, to set up future automatic payments or transfers after July 16, 2018.

  • What about my safe deposit box at MBL Bank?


    Safe deposit boxes will continue to be available during banking center business hours.

  • What is Business First Bank’s policy on privacy?


    Business First Bank maintains a variety of physical, electronic, and procedural
    safeguards to ensure your nonpublic information remains safe.  Our privacy policy
    is available for your review on our website at b1BANK.com.

CONSUMER DISCLOSURE
b1BANK | 100 MBL Bank Drive | Minden, LA 71055
May 31, 2018
This disclosure contains information about terms, fees and interest rates for some of the accounts we offer.

  • RELIANT CHECKING – MINDEN (Previously Titled: Gold Checking)


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a minimum age requirement of 50 years old to be eligible for this account.

  • SIMPLICITY – MINDEN (Previously Titled: Community Checking or Student Checking)


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00 or you are under the age of 23.  At the age of 23, the monthly service charge will be $7.00 unless the account maintains a daily balance of $500.00.

  • b1BANK PERSONAL NOW – MINDEN (Previously Titled: NOW Account Personal)


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest. Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • b1BANK PERSONAL MONEY MARKET ACCOUNT – MINDEN (Previously Titled: Money Market Personal)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Excessive Withdrawal Fee Money Market Accounts: $5.00 per withdrawal that exceeds the six (6) preauthorized (checks/ACH) withdrawals in one statement cycle.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded monthly and will be credited monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.

  • b1BANK MONEY MARKET ADVANTAGE – MINDEN (Previously Titled: Advantage Checking)


    Limitations: You must deposit $25,000.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Excessive Withdrawal Money Market Accounts: $5.00 per withdrawal that exceeds the six (6) preauthorized (checks/ACH) withdrawals in one statement cycle.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded monthly and will be credited monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $25,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • b1BANK CONSUMER SAVINGS – MINDEN (Previously Titled: Progressive Savings)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Excessive Withdrawal Fee Savings Accounts: $3.00 per occurrence that exceeds the six (6) preauthorized (checks/ACH) withdrawals in each four (4) week period.  Rate Information: This account is an interestbearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded daily and credited quarterly.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal plus accrued interest in the account each day.  You must maintain a minimum balance of $25.00 in the account each day to obtain the disclosed annual percentage yield.  If the account is closed before interest is credited, you will receive the accrued interest.

  • OTHER ACCOUNT FEES


    The following fees apply to Personal Deposit Accounts:
    • Dormant fees of $1.00 per month are charged on accounts with balances less than $100.00 and with no customer-initiated transactions within a 12-month period.
    • Early Closeout Fee: $10.00 if account is closed within 6 months of opening.
    • Foreign ATM fees of up to $2.00.
    • Returned NSF, Paid Overdraft or Returned Item Fee: $33.00 per item. Returned NSF, Paid Overdraft or Returned Items can be created by check, in-person withdrawal, ATM withdrawal or other electronic means.  No fee is charged on items $10.00 or less.  Maximum daily fee is $165.00.
    • Stop Payment Fees: Processed online $20.00; processed manually (in-person or by telephone) $33.00.
    • Wire Transfer Fees: Incoming Wires $20.00; Outgoing Wires, Domestic or International, processed Online $20.00; Outgoing Wires, processed in-person or manually $50.00.

  • Checking Sub-Accounts


    If you have a checking account or NOW account, your account consists of a transaction sub-account and a savings sub-account.  This structure will not affect your available balance, service charges, FDIC insurance, interest earnings, your statement or any other features of your account.  Funds not routinely needed to pay debits may be periodically transferred to the savings sub-account.  A transfer from the savings sub-account back to the transaction sub-account will fund items in excess of the balance in the transaction sub-account.  The remainder of your balance will be maintained in the transaction sub-account.  If interest is paid on your account balance, the interest calculation will be the same for both the savings sub-account and the transaction sub-account.  If interest is not paid on your account balance, the savings sub-account will be non-interest bearing.

  • RATE CHART

    CONSUMER ACCOUNT PRODUCT NAME INTEREST RATE ANNUAL PERCENTAGE YIELD (APY)
    b1BANK Personal NOW – Minden
    Daily Balances of $1,000.00 or more
    0.15% 0.15%
    b1BANK Personal Money Market
    Account – Minden
    Daily Balances of $2,500.00 or more
    0.15% 0.15%
    b1BANK Advantage Money Market
    Account – Minden
    Daily Balances of $25,000.00 or more
    0.25% 0.25%
    b1BANK Consumer Savings – Minden
    Daily Balances of $25.00 or more
    0.20% 0.20%

    Interest Rates and Annual Percentage Yields are current as of 05-31-2018.  For current rate information, call 318.377.0523. Member FDIC.

COMMERCIAL DISCLOSURE
b1BANK | 100 MBL Bank Drive | Minden, LA 71055
May 31, 2018
This disclosure contains information about terms, fees and interest rates for some of the accounts we offer.

  • ESSENTIAL BUSINESS CHECKING – MINDEN (Previously Titled: Business Checking)


    Limitations: You must deposit $250.00 to open this account.  Account Fees: There is a monthly service charge of $10.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.

  • BUSINESS CHECKING PLUS – MINDEN (Previously Titled: Now Account Business)


    Limitations: You must deposit $250.00 to open this account.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest. Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • MONEY MARKET INVESTMENT COMMERCIAL – MINDEN (Previously Titled: Business Money Market or Business Advantage Checking)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Excessive Withdrawal Fee Money Market Accounts: $5.00 per withdrawal that exceeds the six (6) preauthorized (checks/ACH) withdrawals in one statement cycle.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (forexample, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $2,500.00 in the account each day to obtain the
    disclosed annual percentage yield.

  • SAVINGS ACCOUNT COMMERCIAL – MINDEN (Previously Titled: Business MBL Savings)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Excessive Withdrawal Fee Savings Accounts: $3.00 per occurrence that exceeds the six (6) preauthorized (checks/ACH) withdrawals in each four (4) week period.  Rate Information: This account is an interestbearing account.  The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change.  Interest will be compounded daily and credited quarterly.  If the account is closed before interest is credited, you will receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal plus accrued interest in the account each day.  You must maintain a minimum balance of $25.00 in the account each day to obtain the disclosed annual percentage yield.

  • PUBLIC FUNDS CHECKING – MINDEN (Previously Titled: Public Funds Business)


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a monthly service charge of $10.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.

  • PUBLIC FUNDS NOW – MINDEN


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • PUBLIC FUNDS MONEY MARKET ACCOUNT – MINDEN (Includes Previously Titled: Advantage Checking Public Funds)


    Limitations: You must deposit $100.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions); made by the depositor.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Excessive Withdrawal Fee Money Market Accounts: $5.00 per withdrawal that exceeds the six (6) preauthorized (checks/ACH) withdrawals in one statement cycle.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.

  • b1BANK PUBLIC FUNDS SAVINGS – MINDEN (Previously Titled: Public Funds Savings)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Excessive Withdrawal Fee Savings Accounts: $3.00 per occurrence that exceeds the six (6) preauthorized (checks/ACH) withdrawals in each four (4) week period.  Rate Information: This account is an interestbearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded daily and credited quarterly.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal plus accrued interest in the account each day. You must maintain a minimum balance of $25.00 in the account each day to obtain the disclosed annual percentage yield.  If the account is closed before interest is credited, you will receive the accrued interest.

  • OTHER ACCOUNT FEES


    The following fees apply to Commercial Deposit Accounts:
    • Dormant fees of $1.00 per month are charged on accounts with balances less than $100.00 and with no customer-initiated transactions within a 12-month period.
    • Early Closeout Fee: $10.00 if account is closed within 6 months of opening.
    • Foreign ATM fees of up to $2.00.
    • Returned NSF, Paid Overdraft or Returned Item Fee: $33.00 per item.  Returned NSF, Paid Overdraft or Returned Items can be created by check, in-person withdrawal, ATM withdrawal or other electronic means.  No fee is charged on items $10.00 or less.
    • Stop Payment Fees: Processed online $20.00; processed manually (in-person or by telephone) $33.00.
    • Wire Transfer Fees: Incoming Wires $20.00; Outgoing Wires, Domestic or International, processed online $20.00; Outgoing Wires, processed in-person or manually $50.00.

  • Checking Sub-Accounts


    If you have a checking account or NOW account, your account consists of a transaction sub-account and a savings sub-account.  This structure will not affect your available balance, service charges, FDIC insurance, interest earnings, your statement or any other features of your account.  Funds not routinely needed to pay debits may be periodically transferred to the savings sub-account.  A transfer from the savings sub-account back to the transaction sub-account will fund items in excess of the balance in the transaction sub-account.  The remainder of your balance will be maintained in the transaction sub-account.  If interest is paid on your account balance, the interest calculation will be the same for both the savings sub-account and the transaction sub-account.  If interest is not paid on your account balance, the savings sub-account will be non-interest bearing.

  • RATE CHART

    COMMERCIAL ACCOUNT PRODUCT NAME INTEREST RATE ANNUAL PERCENTAGE YIELD (APY)
    Business Checking Plus – Minden
    Daily Balances of $1,000.00 or more
    0.15% 0.15%
    Money Market Investment Commercial – Minden
    Daily Balances of $2,500.00 to $24,999.00
    Daily Balances of $25,000.00 or more
    0.15%
    0.25%
    0.15%
    0.25%
    Savings Account Commercial – Minden
    Daily Balances of $25.00 or more
    0.20% 0.20%
    Public Funds NOW – Minden
    Daily Balances of $1,000.00 or more
    0.15% 0.15%
    Public Funds Money Market – Minden
    Daily Balances of $2,500.00 to $24,999.00
    Daily Balances of $25,000.00 or more
    0.15%
    0.25%
    0.15%
    0.25%
    b1BANK Public Funds SV – Minden
    Daily Balances of $25.00 or more
    0.20% 0.20%

    Interest Rates and Annual Percentage Yields are current as of 05-31-2018.  For current rate information, call 318.377.0523.  Member FDIC.

DESCRIPTION PERSONAL COMMERCIAL
Account Analysis Statement N/A $25.00
ACH Return Item Fee $10.00 $10.00
Bank Bag (Small, white zipper bag) $3.50 $3.50
Bank Bag (Large, blue zipper bag) $6.25 $6.25
Bill Pay Monthly Free Free
Bill Pay Per Debit Free Free
Cash Orders – per $1,000 N/A $0.80
Chargeback Fee (deposited checks returned unpaid) $5.00 $10.00
Check Image $3.00 $3.00
Clearing Foreign Credit or Debit Free Free
Clearing “On Us” Credit Free Free
Clearing “On Us” Debit Free $0.12
Coin Service N/A 8% of total
Debit Card
– Reissued ATM or Debit Card
– PIN Reset
Free
$10.00
$2.00
Free
$10.00
$2.00
Escheatment Account $25.00 $25.00
Gift Cards $5.00 $5.00
Incoming and Outgoing Collection Fee (check, draft, bond, coupon, etc.) $35.00 $35.00
Levies and Garnishments $50.00 $50.00
Mobile Banking Free Free
Money Order (up to $1,000) $3.00 $3.00
Money Order Stop Pay $35.00 $35.00
Night Depository Free Free
Non-Customer Check Cashing
– Personal Check < $250
– Business Check < $250
– Business or Personal Check > $250
Free
$5.00
$10.00
Free
$5.00
$10.00
DESCRIPTION PERSONAL COMMERCIAL
Official Checks – fee based on amount of the check
Minimum Fee $5.00; Maximum Fee $10.00
10% of check 10% of check
Online Banking Free Free
Outgoing IRA Rollover/Transfer $25.00 N/A
Overdraft Protection Transfer (Account to Account Linking) Free Free
Per ACH Debit N/A $0.16
Per Check / Other Deposit N/A $0.16
Printed Statement – in person (each) $5.00 $10.00
Reconcilement / Research (per item) $3.00 $3.00
Reconcilement / Research (rate per hour – 1-hour minimum) $30.00 $30.00
Reject / Re-Entry (per item) Free Free
Safe Deposit Boxes Annual Rent
– 3X5
– 3X10
– 5X10
– 10X10
$35.00
$35.00
$50.00
$85.00
$35.00
$35.00
$50.00
$85.00
Safe Deposit Box Late Payment (after 30 days past due) $10.00 $10.00
Safe Deposit Box Re-Keying Fee $75.00 $75.00
Safe Deposit Box Drilling / Lock Replacement
(based on location cost)
Up to $150.00 Up to $150.00
Special / Temporary Account Statement $2.00 $2.00
Telephone Banking Free Free
Telephone Transfer – bank assisted $2.00 $2.00
Temporary (Counter) Checks (each) $1.00 $1.00
Uncollected Funds N/A Prime + 5%
WELCOME

Welcome to b1BANK

On January 1, 2018, we successfully completed the merger of MBL Bank into Business First Bank. We believe this merger is an opportunity to create an innovative regional bank that not only offers the best personal products and services available, but also one that delivers first-class business products and services. Our combined teams will provide you with the same level of customer service you have come to expect from our awesome Minden team along with the latest personal and commercial products and financial resources to help you achieve your goals. Thus, we will be launching b1BANK, a division of Business First Bank, in your community as a reflection of our ability to help you with all of your financial needs – both personal and commercial.

This Welcome Guide is designed to help you discover b1BANK. On July 16, 2018, you will have access to products and services including mobile apps, mobile check deposits, person-to-person payments, courtesy coverage (overdraft program), wealth solutions, private banking products, and commercial services for small and large businesses. Also included, information intended to ensure a seamless transition to Business First Bank banking systems as we complete the system’s integration on July 16, 2018. You will also find contact information in case you need help, have questions, or just want to take a moment to get to know us better, just as we look forward to getting to know you.

Thank you for the opportunity to continue to serve you, and welcome to your new bank – b1BANK!

Jude Melville
President and CEO
Business First Bank

Jack E. Bryd Jr.
Regional Chairman
Business First Bank

ACCESSING YOUR ACCOUNT

MBL BANK OFFICES

On Friday, July 13, 2018, MBL Bank offices will close at their normally scheduled closing times to prepare for the transition to b1BANK, a division of Business First Bank. MBL Bank locations normally open on Saturday will be closed July 14, 2018. On Monday, July 16, 2018, all offices will reopen as b1BANK, ready to provide you with a broad range of products and services.

MASTERCARD® DEBIT CARDS

If you currently have an MBL Bank Mastercard® Debit card, you will continue to use that card to access your accounts. During the weekend beginning July 13, 2018, you may continue to make purchases and use the ATM to withdraw cash; however, balance inquiries will be unavailable via ATM or Telephone Banking, but will be restored by Monday, July 16.

You will be able to continue to use your MBL Bank Mastercard® Debit or ATM card at any b1BANK or Business First ATM without any fee for cash withdrawals, transfers, and account inquiries, as well as deposits wherever accepted.

TELEPHONE BANKING

Automated Telephone Banking services provide 24/7 access to your account information.  Telephone Banking services will be unavailable from Friday, July 13, 2018, beginning at 5:00 PM. Services will be restored on July 16, 2018, at 9:00 AM by calling 877.471.2265.

When you access Business First Bank’s Telephone Banking, you will need to provide your account number, type of account, and the last four digits of your Social Security number or tax identification (EIN) number.

You will be asked to change your personal identification number during your initial call. You may transfer to our Customer Service Center from Telephone Banking during business hours for questions and additional information.

AVAILABILITY OF DEPOSITS

To review Business First Bank’s Funds Availability Policy and obtain important information regarding when and how we make funds from your account available, please refer to our website at b1BANK.com.

Customer Service Center 318.377.0523 9:00 AM – 5:00 PM, Monday – Friday

ONLINE BANKING, BILL PAY, AND MOBILE BANKING

ONLINE BANKING

If you currently bank online, you will automatically be enrolled in Business First Bank’s Online Banking and will be able to access this feature beginning Monday, July 16, 2018. Current Online Banking customers will receive login information and step-by-step instructions via mail between July 2-12, 2018. (If you do not receive the information during this time period, please contact us to receive a temporary password and instructions.)

  • You will have access to the same accounts at b1BANK as you did at MBL Bank.
  • You will be able to transfer funds between the same accounts at Business First Bank as you did at MBL Bank.
  • IMPORTANT NOTE: You will have at least 18 months of MBL Bank account history available on the new online banking system. If you currently utilize the transactional categories feature, you will need to print this history prior to Friday, July 13 at 5:00 PM — it will not transfer to the new system.

ONLINE BILL PAY

If you currently use Online Bill Pay, you will be automatically enrolled in Business First Bank’s Online Bill Pay service.

  • Verify payee information transferred correctly to the new system before using Online Bill Pay for the first time.
  • We recommend you print your MBL Bank payee list and currently scheduled
    payments prior to Wednesday, July 11, 2018, to verify that all information is transferred to Business First Bank’s Bill Pay service.
  • To ensure all scheduled payments are processed correctly, Bill Pay services
    will be unavailable beginning Wednesday, July 11, 2018, at 3:00 PM and will be
    restored on Monday, July 16, 2018. at 9:00 AM.

MOBILE BANKING

Mobile Banking with b1BANK brings you 24/7 banking convenience! All you need to begin is a b1BANK Online Banking account and a mobile device. With the b1BANK Mobile Banking App, you can pay bills, transfer money, check balances, and locate convenient branches or ATMs. You can also deposit a check by snapping a picture of it with your mobile device. To learn more or download the app, please search for b1BANK (no spaces) in the Apple® App Store or Google Play™ Marketplace.

After establishing your Online Banking login ID and password, you can perform a first-time login via our app. You’ll just enter your username/password, obtain a Secure Access Code, and register the device you are using (optional).

DEPOSIT ACCOUNTS

YOUR CHECKING AND SAVINGS ACCOUNTS

Your MBL Bank account(s) will continue with the same benefits and features you received as an MBL Bank deposit customer. You may continue to use your MBL Bank checks and deposit slips without interruption.

  • Direct deposits and automatic transfers to and from your accounts will continue without interruption. Automatic transfers will be posted to the account nightly on the same business day that the transfer is scheduled, or the next business day if the transfer is scheduled on a weekend or holiday.
  • When you need to order new checks or personalized banking documents, you can order by phone, in person, or through our website at b1BANK.com. If you order checks from a source other than Business First Bank, please call our Customer Service Center at 318.377.0523 to obtain important bank-specific information prior to placing your order.
  • For incoming wire transfers dated after Friday, July 13, 2018, please notify the senders of the following; Business First Bank’s routing/ABA number, which is 111010170, credit to Business First Bank #2001519 and include special instructions with your name and account number.
  • Outgoing wire transfers can be made in person at any of our banking centers. b1BANK’s wire transfer cutoff time is 3:00 PM CST, Monday through Friday, for all outgoing domestic wires. International wire cutoff time is 2:00 PM CST.

As of July 16, 2018, Business First Bank will become the new custodian of your IRA plan. There will not be any changes to your IRA plan.

If you have any questions about your accounts, please contact our Customer Service Center 318.377.0523 9:00 AM – 5:00 PM Friday

ACCOUNTS, CDS AND IRA CDS

YOUR STATEMENTS

Your final statement from MBL Bank will show a record of transactions through Friday, July 13, 2018. Thereafter, your Business First Bank statements will be created on the following schedule:

  • eStatements – 15th of the month
  • Consumer Statements – 26th of the month
  • Commercial Statements – at the end of the month
  • Although you will notice a slightly different format, the information included in your statement will be the same. If you have any questions after you receive your Business First Bank statement, please call our Customer Service Center at 318.377.0523.
  • You will receive images of your paid checks with your new Business First Bank checking account if you are currently receiving images with your MBL Bank account. In addition, images will be available through Business First Bank’s Online Banking for activity beginning July 16, 2018.

YOUR CDS AND IRA CDS

Unless you receive a notice of specific changes by the end of July, the current rate and term of your CDs will remain the same until their maturity dates. When you receive your maturity notices, review them carefully for specific terms.

LOAN AND CREDIT PRODUCTS

LOANS OR LINES OF CREDIT

The terms of your loan or line of credit will remain unchanged, and fees and late charges will be assessed in accordance with your existing contract.

  • For your personal line of credit, your final line of credit statement from MBL Bank will
    show a record of transactions through Friday, July 13, 2018. Thereafter, your Business First Bank line of credit statements will be mailed at approximately the same time each month as your current statements. Although you will notice a slightly different format, the information included in your loan statement will be the same.
  • If you currently receive billing notices or detailed bills for your loan or line of credit, you will receive a similar Business First Bank notice or detailed bill.
  • If you were issued a coupon book for your loan and use coupons to make your loan
    payments, you should continue to use those coupons.
  • You will have several convenient loan and line of credit payment options:
    • Payments made by automatic deduction from a deposit account will continue.
    • Beginning Monday, July 16, 2018, you can make payments at your local b1BANK or Business First Bank office or through Online or Mobile Banking.
    • You can make loan payments by phone from your b1BANK checking or savings
      account simply by calling 318.377.0523.
    • You may mail your payments to Business First Bank, 100 MBL Bank Drive, Minden, LA 71055.
  • After Wednesday, July 13, 2018, questions about your loan can be directed to our Customer Service Center at 318.377.0523 Monday through Friday from 9:00 AM to 5:00 PM.
FREQUENTLY ASKED QUESTIONS

ACCOUNTS AND SERVICES – GENERAL INFORMATION, LOCATIONS, ATMS, AND HOURS

  • Will my account number change?


    No.  Account numbers will remain the same.

  • What will happen to branches located in Minden?


    All MBL Bank banking center locations will remain open.

  • Will the merger affect the branch hours of the banking center I currently use?


    No.  Banking center hours will remain the same. Locations open on Saturday will maintain the same operating hours. You will be notified in advance of any changes to hours at the banking center you use.

  • Will ATM locations change?


    No.  MBL Bank ATMs will be branded as b1BANK. If we make any changes to ATM locations, we will notify customers on our website.

  • What about other surcharge-free ATMs?


    Use of b1BANK and Business First Bank ATMs will be free of charge.  However, foreign ATM fees may be applied.  Business First Bank is part of PULSE, PLUS, and Cirrus ATM networks, with thousands of locations nationwide.

  • Will my bank statement look different than what I have now?


    Yes.  After we complete the systems integration, you will begin to receive Business First Bank formatted statements.

  • When will I receive my final MBL Bank statement?


    All customers will receive a paper copy of their statement, dated July 13, 2018.  This will be mailed the week of July 16, 2018.

  • When will I receive my first Business First Bank statement?


    Monthly statements are provided on the following dates:

    • eStatements – 15th of the month
    • Consumer Statements – 26th of the month
    • Commercial Statements – at the end of the month


  • Can I obtain copies of my MBL Bank deposit statements after July 13 2018?


    If you are enrolled in online statements, you will have at least 18 months of account history available after Friday, July 13, 2018.  To request a paper statement, visit one of our banking centers or call our Customer Service Center at 318.377.0523 for assistance.

  • Will I automatically receive new deposit slips?


    No.  You may use your MBL Bank deposit slips until you are ready to reorder.

  • Will I still be able to use my MBL Bank checks or will I receive new checks?


    You may use your MBL Bank checks until you are ready to reorder. When you reorder after July 13, 2018, use Business First Bank’s routing number, 065405420, for your new checks.  You can reorder at any Business First Bank location, by calling our Customer Service Center at 318.377.0523, or at b1BANK.com.

  • Will my account fees change?


    See full list of account fees located on the “Chart of Miscellaneous Fees” tab.

  • Will my account link agreement continue for my personal checking account?


    Yes.  If you currently have an account link agreement, your coverage will continue as normal.

DEBIT CARDS, CREDIT CARDS, ONLINE BANKING, ELECTRONIC SERVICES, AND OTHER INFORMATION

  • Will I be able to continue using my MBL Bank Mastercard® debit card and credit card?


    Yes.  You can continue to use your MBL Bank debit and/or credit card until card expiration.

  • How do I access Telephone Banking?


    Beginning July 16, 2018, you can call 877.471.2265.

  • Will my login information change for Telephone Banking?


    Yes, you will need your account type, account number, and the last four digits of your Social Security number or tax identification (EIN) number for your initial call.  The system will prompt you to establish a new password.

  • Will my Online Banking access change?


    Yes.  This information will be mailed to you between July 2-12, 2018.

  • What about Online Banking for my business account?


    Business First Bank’s Treasury Management staff will contact business customers individually in July to transition this service.

  • Will my direct deposit be affected?


    No.  Any direct deposits you currently have through MBL Bank will be forwarded directly
    to your new b1BANK account for deposit.  Remember, your account number will not change.

  • What about automatic deduction of payments from my MBL Bank deposit account?


    All previously authorized automatic payments will continue as normal. Please use Business First Bank’s routing number, 065405420, to set up future automatic payments or transfers after July 16, 2018.

  • What about my safe deposit box at MBL Bank?


    Safe deposit boxes will continue to be available during banking center business hours.

  • What is Business First Bank’s policy on privacy?


    Business First Bank maintains a variety of physical, electronic, and procedural
    safeguards to ensure your nonpublic information remains safe.  Our privacy policy
    is available for your review on our website at b1BANK.com.

CONSUMER DISCLOSURE

CONSUMER DISCLOSURE
b1BANK | 100 MBL Bank Drive | Minden, LA 71055
May 31, 2018
This disclosure contains information about terms, fees and interest rates for some of the accounts we offer.

  • RELIANT CHECKING – MINDEN (Previously Titled: Gold Checking)


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a minimum age requirement of 50 years old to be eligible for this account.

  • SIMPLICITY – MINDEN (Previously Titled: Community Checking or Student Checking)


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00 or you are under the age of 23.  At the age of 23, the monthly service charge will be $7.00 unless the account maintains a daily balance of $500.00.

  • b1BANK PERSONAL NOW – MINDEN (Previously Titled: NOW Account Personal)


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest. Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • b1BANK PERSONAL MONEY MARKET ACCOUNT – MINDEN (Previously Titled: Money Market Personal)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Excessive Withdrawal Fee Money Market Accounts: $5.00 per withdrawal that exceeds the six (6) preauthorized (checks/ACH) withdrawals in one statement cycle.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded monthly and will be credited monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.

  • b1BANK MONEY MARKET ADVANTAGE – MINDEN (Previously Titled: Advantage Checking)


    Limitations: You must deposit $25,000.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Excessive Withdrawal Money Market Accounts: $5.00 per withdrawal that exceeds the six (6) preauthorized (checks/ACH) withdrawals in one statement cycle.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded monthly and will be credited monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $25,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • b1BANK CONSUMER SAVINGS – MINDEN (Previously Titled: Progressive Savings)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Excessive Withdrawal Fee Savings Accounts: $3.00 per occurrence that exceeds the six (6) preauthorized (checks/ACH) withdrawals in each four (4) week period.  Rate Information: This account is an interestbearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded daily and credited quarterly.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal plus accrued interest in the account each day.  You must maintain a minimum balance of $25.00 in the account each day to obtain the disclosed annual percentage yield.  If the account is closed before interest is credited, you will receive the accrued interest.

  • OTHER ACCOUNT FEES


    The following fees apply to Personal Deposit Accounts:
    • Dormant fees of $1.00 per month are charged on accounts with balances less than $100.00 and with no customer-initiated transactions within a 12-month period.
    • Early Closeout Fee: $10.00 if account is closed within 6 months of opening.
    • Foreign ATM fees of up to $2.00.
    • Returned NSF, Paid Overdraft or Returned Item Fee: $33.00 per item. Returned NSF, Paid Overdraft or Returned Items can be created by check, in-person withdrawal, ATM withdrawal or other electronic means.  No fee is charged on items $10.00 or less.  Maximum daily fee is $165.00.
    • Stop Payment Fees: Processed online $20.00; processed manually (in-person or by telephone) $33.00.
    • Wire Transfer Fees: Incoming Wires $20.00; Outgoing Wires, Domestic or International, processed Online $20.00; Outgoing Wires, processed in-person or manually $50.00.

  • Checking Sub-Accounts


    If you have a checking account or NOW account, your account consists of a transaction sub-account and a savings sub-account.  This structure will not affect your available balance, service charges, FDIC insurance, interest earnings, your statement or any other features of your account.  Funds not routinely needed to pay debits may be periodically transferred to the savings sub-account.  A transfer from the savings sub-account back to the transaction sub-account will fund items in excess of the balance in the transaction sub-account.  The remainder of your balance will be maintained in the transaction sub-account.  If interest is paid on your account balance, the interest calculation will be the same for both the savings sub-account and the transaction sub-account.  If interest is not paid on your account balance, the savings sub-account will be non-interest bearing.

  • RATE CHART

    CONSUMER ACCOUNT PRODUCT NAME INTEREST RATE ANNUAL PERCENTAGE YIELD (APY)
    b1BANK Personal NOW – Minden
    Daily Balances of $1,000.00 or more
    0.15% 0.15%
    b1BANK Personal Money Market
    Account – Minden
    Daily Balances of $2,500.00 or more
    0.15% 0.15%
    b1BANK Advantage Money Market
    Account – Minden
    Daily Balances of $25,000.00 or more
    0.25% 0.25%
    b1BANK Consumer Savings – Minden
    Daily Balances of $25.00 or more
    0.20% 0.20%

    Interest Rates and Annual Percentage Yields are current as of 05-31-2018.  For current rate information, call 318.377.0523. Member FDIC.

COMMERCIAL DISCLOSURE

COMMERCIAL DISCLOSURE
b1BANK | 100 MBL Bank Drive | Minden, LA 71055
May 31, 2018
This disclosure contains information about terms, fees and interest rates for some of the accounts we offer.

  • ESSENTIAL BUSINESS CHECKING – MINDEN (Previously Titled: Business Checking)


    Limitations: You must deposit $250.00 to open this account.  Account Fees: There is a monthly service charge of $10.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.

  • BUSINESS CHECKING PLUS – MINDEN (Previously Titled: Now Account Business)


    Limitations: You must deposit $250.00 to open this account.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest. Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • MONEY MARKET INVESTMENT COMMERCIAL – MINDEN (Previously Titled: Business Money Market or Business Advantage Checking)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Excessive Withdrawal Fee Money Market Accounts: $5.00 per withdrawal that exceeds the six (6) preauthorized (checks/ACH) withdrawals in one statement cycle.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (forexample, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $2,500.00 in the account each day to obtain the
    disclosed annual percentage yield.

  • SAVINGS ACCOUNT COMMERCIAL – MINDEN (Previously Titled: Business MBL Savings)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Excessive Withdrawal Fee Savings Accounts: $3.00 per occurrence that exceeds the six (6) preauthorized (checks/ACH) withdrawals in each four (4) week period.  Rate Information: This account is an interestbearing account.  The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change.  Interest will be compounded daily and credited quarterly.  If the account is closed before interest is credited, you will receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal plus accrued interest in the account each day.  You must maintain a minimum balance of $25.00 in the account each day to obtain the disclosed annual percentage yield.

  • PUBLIC FUNDS CHECKING – MINDEN (Previously Titled: Public Funds Business)


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a monthly service charge of $10.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.

  • PUBLIC FUNDS NOW – MINDEN


    Limitations: You must deposit $100.00 to open this account.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • PUBLIC FUNDS MONEY MARKET ACCOUNT – MINDEN (Includes Previously Titled: Advantage Checking Public Funds)


    Limitations: You must deposit $100.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions); made by the depositor.  Account Fees: There is a monthly service charge of $7.00 on this account.  This charge may be waived if the account maintains a daily balance of $500.00.  Excessive Withdrawal Fee Money Market Accounts: $5.00 per withdrawal that exceeds the six (6) preauthorized (checks/ACH) withdrawals in one statement cycle.  Rate Information: This account is an interest-bearing account.  The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.

  • b1BANK PUBLIC FUNDS SAVINGS – MINDEN (Previously Titled: Public Funds Savings)


    Limitations: You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer; or telephone (including data transmission) agreement, order or instruction; or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.  Excessive Withdrawal Fee Savings Accounts: $3.00 per occurrence that exceeds the six (6) preauthorized (checks/ACH) withdrawals in each four (4) week period.  Rate Information: This account is an interestbearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  There is no limit to the amount the interest rate may change.  Interest begins to accrue on the business day you deposit noncash items (for example, checks).  Interest will be compounded daily and credited quarterly.  Balance Information: We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal plus accrued interest in the account each day. You must maintain a minimum balance of $25.00 in the account each day to obtain the disclosed annual percentage yield.  If the account is closed before interest is credited, you will receive the accrued interest.

  • OTHER ACCOUNT FEES


    The following fees apply to Commercial Deposit Accounts:
    • Dormant fees of $1.00 per month are charged on accounts with balances less than $100.00 and with no customer-initiated transactions within a 12-month period.
    • Early Closeout Fee: $10.00 if account is closed within 6 months of opening.
    • Foreign ATM fees of up to $2.00.
    • Returned NSF, Paid Overdraft or Returned Item Fee: $33.00 per item.  Returned NSF, Paid Overdraft or Returned Items can be created by check, in-person withdrawal, ATM withdrawal or other electronic means.  No fee is charged on items $10.00 or less.
    • Stop Payment Fees: Processed online $20.00; processed manually (in-person or by telephone) $33.00.
    • Wire Transfer Fees: Incoming Wires $20.00; Outgoing Wires, Domestic or International, processed online $20.00; Outgoing Wires, processed in-person or manually $50.00.

  • Checking Sub-Accounts


    If you have a checking account or NOW account, your account consists of a transaction sub-account and a savings sub-account.  This structure will not affect your available balance, service charges, FDIC insurance, interest earnings, your statement or any other features of your account.  Funds not routinely needed to pay debits may be periodically transferred to the savings sub-account.  A transfer from the savings sub-account back to the transaction sub-account will fund items in excess of the balance in the transaction sub-account.  The remainder of your balance will be maintained in the transaction sub-account.  If interest is paid on your account balance, the interest calculation will be the same for both the savings sub-account and the transaction sub-account.  If interest is not paid on your account balance, the savings sub-account will be non-interest bearing.

  • RATE CHART

    COMMERCIAL ACCOUNT PRODUCT NAME INTEREST RATE ANNUAL PERCENTAGE YIELD (APY)
    Business Checking Plus – Minden
    Daily Balances of $1,000.00 or more
    0.15% 0.15%
    Money Market Investment Commercial – Minden
    Daily Balances of $2,500.00 to $24,999.00
    Daily Balances of $25,000.00 or more
    0.15%
    0.25%
    0.15%
    0.25%
    Savings Account Commercial – Minden
    Daily Balances of $25.00 or more
    0.20% 0.20%
    Public Funds NOW – Minden
    Daily Balances of $1,000.00 or more
    0.15% 0.15%
    Public Funds Money Market – Minden
    Daily Balances of $2,500.00 to $24,999.00
    Daily Balances of $25,000.00 or more
    0.15%
    0.25%
    0.15%
    0.25%
    b1BANK Public Funds SV – Minden
    Daily Balances of $25.00 or more
    0.20% 0.20%

    Interest Rates and Annual Percentage Yields are current as of 05-31-2018.  For current rate information, call 318.377.0523.  Member FDIC.

CHART OF MISCELLANEOUS FEES
DESCRIPTION PERSONAL COMMERCIAL
Account Analysis Statement N/A $25.00
ACH Return Item Fee $10.00 $10.00
Bank Bag (Small, white zipper bag) $3.50 $3.50
Bank Bag (Large, blue zipper bag) $6.25 $6.25
Bill Pay Monthly Free Free
Bill Pay Per Debit Free Free
Cash Orders – per $1,000 N/A $0.80
Chargeback Fee (deposited checks returned unpaid) $5.00 $10.00
Check Image $3.00 $3.00
Clearing Foreign Credit or Debit Free Free
Clearing “On Us” Credit Free Free
Clearing “On Us” Debit Free $0.12
Coin Service N/A 8% of total
Debit Card
– Reissued ATM or Debit Card
– PIN Reset
Free
$10.00
$2.00
Free
$10.00
$2.00
Escheatment Account $25.00 $25.00
Gift Cards $5.00 $5.00
Incoming and Outgoing Collection Fee (check, draft, bond, coupon, etc.) $35.00 $35.00
Levies and Garnishments $50.00 $50.00
Mobile Banking Free Free
Money Order (up to $1,000) $3.00 $3.00
Money Order Stop Pay $35.00 $35.00
Night Depository Free Free
Non-Customer Check Cashing
– Personal Check < $250
– Business Check < $250
– Business or Personal Check > $250
Free
$5.00
$10.00
Free
$5.00
$10.00
DESCRIPTION PERSONAL COMMERCIAL
Official Checks – fee based on amount of the check
Minimum Fee $5.00; Maximum Fee $10.00
10% of check 10% of check
Online Banking Free Free
Outgoing IRA Rollover/Transfer $25.00 N/A
Overdraft Protection Transfer (Account to Account Linking) Free Free
Per ACH Debit N/A $0.16
Per Check / Other Deposit N/A $0.16
Printed Statement – in person (each) $5.00 $10.00
Reconcilement / Research (per item) $3.00 $3.00
Reconcilement / Research (rate per hour – 1-hour minimum) $30.00 $30.00
Reject / Re-Entry (per item) Free Free
Safe Deposit Boxes Annual Rent
– 3X5
– 3X10
– 5X10
– 10X10
$35.00
$35.00
$50.00
$85.00
$35.00
$35.00
$50.00
$85.00
Safe Deposit Box Late Payment (after 30 days past due) $10.00 $10.00
Safe Deposit Box Re-Keying Fee $75.00 $75.00
Safe Deposit Box Drilling / Lock Replacement
(based on location cost)
Up to $150.00 Up to $150.00
Special / Temporary Account Statement $2.00 $2.00
Telephone Banking Free Free
Telephone Transfer – bank assisted $2.00 $2.00
Temporary (Counter) Checks (each) $1.00 $1.00
Uncollected Funds N/A Prime + 5%