Message From Arvest Bank
Arvest offers a variety of personal checking accounts to allow you to bank your way. Our Club series of accounts rewards your total banking relationship with discounts on additional services, such as IDProtect® and AD& D Insurance. Arvest also offers a Free Blue basic account for those who want to avoid a monthly fee. All Arvest accounts offer services you need to do your day-to-day banking, including Arvest Online Banking, Mobile Banking, 24-Hour Account Information Line and friendly customer service from our specialists.
For customers who want a checking account with no monthly fee, Arvest offers our Free Blue account. Free Blue includes a free debit card design that suits your style, access to Online Banking with BlueIQ, and our Arvest Go mobile banking app, unlimited check writing and $400 of overdraft coverage (Subject to approval after opening.
Preferred Club Checking Account
|Current Rates||0.02% APY|
The most perk-laden account at Arvest Bank also comes with the highest monthly fee at $18. However, unlike the other checking account options, you are able to waive this fee if you have enough money in various accounts at the bank.
Youll receive $30,000 in AD& D coverage and $1,000 in overdraft protection, as well as a range of discounts and free services at the bank. Further, holding a Preferred Club account means youll gain access to premium interest rates with the savings and money market accounts at the bank.
How To Cancel A Lost Or Stolen Arvest Bank Cashiers Check
A cashiers check is a secured form of payment. However, it also means a greater risk for the payer.
In this case, if the cashiers check is lost or stolen, you should immediately report it to your bank.
First, youll need to report the incident to the bank and provide details that something unusual has happened with the cashiers check.
In most cases, customers also need to provide a declaration of loss of cashiers check. Most banks follow the 90-day rule before canceling the already issued checks.
Therefore, cancellation or stop-payment of a cashiers check may take more time than you expect. Also, reissuing the same cashiers check would require a new deduction from your account until the case is proven in your favor.
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C Breach Of The Covenant Of Good Faith And Fair Dealing
Plaintiffs also allege in their complaint that Arvest breached the implied covenant of good faith and fair dealing. Under Arkansas and Missouri law, every contract contains an implied covenant of good faith and fair dealing. Yarborough v. DeVilbiss Air Power, Inc.,321 F.3d 728, 732 CantrellWaind & Associates, Inc. v. Guillaume Motorsports, Inc.,62 Ark. App. 66, 968 S.W.2d 72, 75 of Contracts§ 205 ) Swartz v. Mann,160 S.W.3d 411, 414 . As is the case with the contract’s express terms, the implied covenant is part of the contract and creates contractual obligations that are actionable.Yarborough,321 F.3d at 732. Good faith performance or enforcement of a contract emphasizes faithfulness to an agreed common purpose and consistency with the justified expectations of the other party.Restatement of Contracts§ 205, cmt. a see Missouri Consol. Health Care Plan v. Cmty. Health Plan,81 S.W.3d 34, 47 .
Arvest first moves to dismiss to the extent that plaintiffs seek to assert breach of the covenant of good faith and fair dealing as an independent cause of action. The Court rejects this basis for dismissal, as plaintiffs assert this claim as a general breach of contract claim, not as a separate cause of action.
The Court denies Arvest’s motion to dismiss plaintiffs’ claim for breach of the implied covenant of good faith and fair dealing.
Arvest Bank Vs Ally Bank
Ally Bank offers several no-fee, high-yield accounts, such as its no-fee savings account currently paying a % APY. However, Ally is online only, so its not a good choice for customers who want in-person service. Although Arvest bank is limited to a four-state service area, it offers more than 200 branches.
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How To Open An Account With Arvest Bank
Arvest Bank offers three options to its customers for opening an account.
Applicants willing to open a personal bank account can apply online for a new account. There is a wide range of personal banking accounts with different rewards and benefits.
The second option is to visit a nearby branch and ask for an account opening form. It is an easy and conventional method of opening a new bank account with Arvest Bank.
Finally, customers can call on the phone banking helpline to open a new bank account.
All three methods are convenient and easy. Customers will need the following information to open a new checking or savings account
- Name and Date of birth
- Physical address
- Minimum account opening amount
Good But One Suggestion
Overall easy to use and great user experience. Very easy to navigate as well. You can even shut off your debit card by the push of a button if youve misplaced it, turning it back on if you find it, and also having the option of receiving a text message if its trying to be used while its misplaced. Arvest App team, please dont throw this review aside though because my only problem is that Id like to see an option added when your transferring money, to be able to deposit into an account by simply typing that account number in. This would make peoples experience easier who pay a monthly fee to perhaps a landlord or someone who gave them a personal loan. Please consider this. I wouldnt want my accounts to disappear because the process is so easy, but a simple button of *Or Type Account # here* would be so convenient.Even adding something as simple as a verification of Face ID or Password again to cover yourselfs from loss or people saying it wasnt them making the deposit.
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Arvest Caney And Vinita Acquisition
Both Arvest locations in Caney, Kansas and Vinita, Oklahoma have officially converted to RCB Bank.
Previous Arvest Caney and Vinita customers have officially been converted RCB Bank. Customers need to update their automatic payments and direct deposits to the RCB Bank routing number . You may now access your online banking by clicking the Sign In box at the top right of RCBbank.com.
Free Blue Checking Account
|FDIC insured up to the maximum amount allowed by law|
|Fees||$3 monthly service fee|
The Basic Blue Checking account is very similar to the free checking account at Arvest Bank with two key differences. First, you have access to online bill paying features with this account, with a $0.50 fee for each bill. Second, you have to pay a $3 monthly service fee, and you cant waive it by meeting a balance or activity threshold. Unless online bill paying is extremely important to you, there isnt much reason to choose this account over the Free Blue account.
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Whats The Process For Opening An Account With Arvest Bank
You can apply for most accounts on the Arvest Bank website, and you can also open accounts by visiting a branch in person. To apply, youll need enough money to meet the minimum opening deposit requirement for your desired account as well as a drivers license or ID card. Youll also need to provide your Social Security number and your residential address.
Arvest Bank Account Features
The majority of deposit accounts at Arvest Bank are accessible online or via the Arvest Bank mobile app. Accounts also come with a Visa debit card or ATM card, depending on the type of account.
With the exception of CDs, the Cool Blue Savings account and the Free Blue checking account, all accounts at Arvest Bank have monthly service fees. You can waive some of these fees if you meet certain balance thresholds, and but some you can’t avoid. You may also face fees for excessive transactions with the savings and money market accounts.
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Order Checks From Your Bank
You can also get checks from your bank. This might be the easiest option because you don’t have to figure out where your account and routing numbers are . It might also be slightly safer because your bank already has your account information. But banks dont print your checks in-housethey send the order to a check printer anyway.
To get new checks from your bank or credit union, just call and let them know you need more. They may have a few design options available to you, and youre done. Banks typically let you complete orders online if thats more convenient.
Low hassle, higher cost: If you dont want to spend more than five minutes thinking about your checks, ordering through your financial institution may be easiest. The tradeoff is that you’ll probably pay a bit more for the convenience.
Order Checks From An Online Check Printer
Inexpensive selection: For the lowest prices and the best variety of design choices, try an online check printing service. Along with an endless selection of graphics and colors, you can often personalize your checks with a favorite sports theme or hobby. If you just want simple and plain looking checks, you can get those tootheyre inexpensive and they get the job done.
If youre picky about how your checks look, you can upload photos to appear on the face of your checks. Use your own photos or images that you have the creative rights to use. For a check to function properly, all you really need is a piece of paper with account information on itgetting creative with the rest of the check is fine.
Is it safe to order online? For the most part, yes. One risk of online check printers is that you provide checking account information to somebody you don’t know. Most printers are trustworthy and they keep your data secure, but you need to work only with legitimate check printers. Stick with the big names to reduce the chances of fraud. Carousel Checks, Checks Unlimited, and Deluxe are among the most popular and reputable printers. That said, anybody can get hacked, including big banks and major retailers.
Tips for ordering: Its your responsibility to provide accurate bank information when you order checks. Verify the account information with your bank, and provide a voided check if thats an option.
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Is It Safe To Reorder Checks Online
Charlene Rhinehart is an expert in accounting, banking, investing, real estate, and personal finance. She is a CPA, CFE, Chair of the Illinois CPA Society Individual Tax Committee, and was recognized as one of Practice Ignition’s Top 50 women in accounting. She is the founder of Wealth Women Daily and an author.
When you write checks, you have to refill your bank account as well as your checkbook. So what’s the safest, fastest, and most affordable way to order new checks?
Arvest Caney And Vinita Transition Important Dates And Information:
Friday, February 4 – 21:
- Arvest Account Opening and New Loan Application In-Branch and Online: Beginning on February 4, 2022, in preparation of our system conversion, we will temporarily suspend opening accounts and accepting loan applications in the Arvest Vinita, OK and Caney, KS locations. If you would like to open a new account or apply for a loan, please visit RCBbank.com or visit an exiting RCB Bank location. For a complete list of RCB Bank locations, visit RCBbank.com/Locations. We will resume opening new accounts in the Vinita, OK and Caney, KS locations beginning Tuesday, February 22, 2022.
- New Online Banking Setup: As of February 4, 2022, Arvest will no longer process new Online Banking requests. New Online Banking requests will start with RCB Bank on Tuesday, February 22, 2022.
- New & Replacement Debit Card Orders: New Arvest Debit Card orders will be temporarily suspended on February 4, 2022 through February 18, 2022. If you have issues with your existing Arvest debit card during that time, please contact Arvest for options. Beginning Tuesday, February 22, 2022, instant issue debit cards will be available at our 120 W. Canadian, Vinita, Oklahoma and 301 W. 4th Ave., Caney, Kansas, locations.
Sunday, February 13:
- Arvest New Bill Payment Setup: Setup of new Arvest Bill Payment will be temporarily suspended on February 13, 2022. Bill Payment setup will resume with RCB Bank on Monday, February 21, 2022.**
Friday, February 18:
Saturday, February 19:
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How To Get A Cashiers Check
There are three places to get a cashiers check: visiting a bank branch, going to a , or online. Note that getting a cashiers check online may take more time than obtaining one in person.
For all three options, youll first need to check the issuers requirements for providing a cashiers check. Many banks and credit unions will only issue a cashiers check to one of their customers. If you can get a cashiers check without having an account, youll need to come with cash in hand to cover the checks amount.
Once you have identified the bank or credit union branch where youll get the cashiers checkand verified whether you need an accountthe rest is fairly simple. Youll just need to:
Your bank or credit union may also offer cashiers checks online. If it does, youll need to log in to its website and select the account youd like to use for the check. Depending on the institutions menu navigation, the option to order a cashiers check online may be included under the Order Checks tab. Follow the menu prompts to add the payees name and address, the amount, and any notes you want to include. The check may be routed to a bank/credit union branch where you can pick it up or mailed to the address on your account, which will likely take longer than if you get it in person and deliver it yourself.
Always get a paper or digital receipt for a cashiers check to verify proof of payment. You may need it if the check is lost or stolen.
Other Types Of Checks
Now you know how to order checks for everyday use, but what about special occasions?
Counter checks: You might need to write a check immediately after you open your account . In those cases, ask your bank if it’s possible to get a few counter checks printed. These checks are not always accepted by financial institutions, but they can help you in a pinch.
Cashier’s checks: For large, important transactions, sellers often demand a “guaranteed” form of payment. Wire transfers and cashier’s checks are often used for a down payment on a home or the purchase of a vehicle. Those checks can cost $10 or more, but they are essential in some cases. Cashier’s checks are available online at some banks, or you can purchase them at a branch. Learn more about cashier’s checks.
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Money Market Savings Account
Arvest Bank offers a variety of certificate of deposit accounts, with rates dependent on both the term length and the amount you invest. A wider variety of term lengths may be available at some branches, including some promotional options, so its a good idea to call or stop by your nearest branch for the most accurate information.
If you need to withdraw your money before the end of your term, youll be forced to pay an early withdrawal penalty. The exact amount of the penalty will depend on the amount youre withdrawing, how far into your term you are and the original length of your term.
What If A Cashiers Check Is Lost Or Stolen
If you purchase a cashiers check and lose it, or its stolen, you can ask the bank to reissue the check. The caveat is that the bank may ask for an indemnity bond first. This bond isnt easy to obtain and makes you liable if the lost check is found and presented for payment. Its also not an instant process. Depending on the bank, you may have to wait 30 to 90 days to receive a replacement cashiers check.
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How To Get Arvest Bank Cashiers Check Verification
Arvest Bank customers can get a cashiers check using three methods conveniently.
At a Branch
The conventional way to get an Arvest Bank cashiers check is to visit a nearby branch. The application form can be taken from the teller and completed instantly.
Once you provide all details, the teller will deduct the check amount from your bank account. You can deposit this amount in cash at the tellers counter as well.
The teller will issue the cashiers check after authentication and signature verification.
Through Online Banking
Another convenient and easy way to get an Arvest Bank cashiers check is to apply through online banking.
Customers can log in to their online banking portal and fill in the application for a cashiers check. The system will deduct the amount from your account at the time of issuing the cashiers check.
The cashiers check will be mailed to your provided address.
Through Mobile Banking
Customers can also use mobile banking or phone banking services to order a cashiers check. The process of ordering and completing the details is the same as mentioned above.
Arvest Bank cashiers check incurs a fee of $8 per check. The cancelation or re-issuance of the cashiers check would incur additional charges.
What Is An Arvest Bank Cashiers Check
Arvest Bank cashiers check is a banking instrument that is issued by the bank with the assurance of funds availability.
It is also called a special check or demand draft. It is issued on demand for the customers and can be used for any financial transaction.
The bank deducts the cashiers check amount from the account balance of the payer or receives it in cash. Then, the cashier records the specifications of the cashiers check including the date, amount, and payee name.
The cashier then verifies the signatures and authenticates the check before handing it over to the customer.
A cashiers check can be cleared overnight or within a day easily as it is a confirmed payment instrument.
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