Initial Account Funding

When applying for a Cash Advantage – Checking Account, your client specifies the initial funding amount intended for the checking account. There are various funding methods available for the initial funding amount. Regardless of funding method, AssetMark Trust will notify The Bancorp Bank ("Bancorp") when initial funding is available, and on the first business day thereafter, Bancorp will request initial funding for the Cash Advantage - Checking Account. Initial account funding will take place even if a deposit is made to the account through another venue.