When you open a checking account, you will be required to sign a checking account agreement. This is a legal document that outlines the terms and conditions of your account.

A checking account agreement typically covers the following:

1. Account ownership and access: This section outlines who owns the account and who has access to it. It also specifies the types of transactions that can be made on the account.

2. Fees and charges: This section outlines the fees and charges associated with the account. This can include monthly maintenance fees, overdraft fees, and ATM fees.

3. Account balance and overdrafts: This section details the minimum balance required to keep the account open and avoid fees. It also outlines the procedures for handling overdrafts and the associated fees.

4. Transactions and statements: This section outlines the types of transactions that can be made on the account, such as checks, electronic transfers, and debit card transactions. It also details how often statements will be provided and how to access them.

5. Account closure: This section explains the procedures for closing the account, including any fees that may apply.

It is important to read and understand the checking account agreement before opening an account. If you have any questions or concerns, you should contact the bank for clarification.

In addition, it is important to keep a copy of the checking account agreement for your records. This can be helpful in the event of any disputes or issues that may arise in the future.

Overall, a checking account agreement is a crucial document that outlines the terms and conditions of your account. By understanding the agreement, you can avoid fees and ensure that you are using your account in the best way possible.