Well hold on a minute. Read that account agreement. If one will take the time to read the agreement, then one will find that the bank can close the account at their sole discretion. They don't require a cause. So while you can make your demand, they don't have to do business with you.
They however, cannot tell one how to endorse or non-endorse a signature. The depositor is in fact making a non-secured loan to the company store [bank]. FDIC insures the unsecured loan should a holiday be mandated. Of course should a holiday be mandated FDIC will be in the toilet with all of the rest of it.
De-posit means to abandon all rights and interests in property. Once the livery of property interest is deposited upon another that reflects a loan or a gift according solely to the agreement governing the de-posit. What is left is store policy. And it appears that the store policy is NOT to accept any withdrawals or deposits with that non-endorsement upon its face.
The store is an entity within the System. Should you desire a SPECIAL relationship then you must visit the stores Trust Department. IN FACT once a general account is established and one begins to make DEposits - then that "money" on account belongs to the store! That account is the Store Account and is subject to the UCC and banking policy.
Regards,
MJ
There are plenty of women to ask to the prom.