Business Checking Accounts | Monthly Service Charge | Business Debit Cards G | Fee |
| Community Champion Checking First 100 Transactions no charge A,C | $0 | Reissued Card | $10 |
| Business Checking First 250 Transactions no charge A,C | $0 | Reissued Card- Expedited Shipment | $40 |
| Convenience Business CheckingB Monthly fee waived with $15,000 combined balances. First 500 Transactions no charge A,C | $20 | ||
Business Online Services | Fee |
||
Business Savings Accounts | Monthly Service Charge | Business Online Banking | $0 |
| Business Savings Fee waived with $500 minimum balance | $10 | Business Mobile Banking | $0 |
| Business Money Market Fee waived with $10,000 minimum balance | $10 | ||
Account Service Fees | Fee |
||
Cash Management Services | Abandoned Property/ Escheatment | $50 | |
| Escrow Management Checking Monthly Fee waived with eStatements | $10 | Dormant / Inactive Account D | $5 |
| Commercial Account AnalysisH Transaction Fees Deposits $.85 Per Item Deposited $.10 Checks Paid $.20 ACH Credits/Debits $.25 Some Fees offset by Interest Earnings Credit. | $18 | Insufficient Funds - Item ReturnedE | $33 |
| Insufficient Funds - Item Paid (OOPS)E | $33 | ||
ACH Origination | Fee | International Check Collection | $25 |
| Monthly Maintenance Fee | $30 | Levy and Garnishment Processing | $50 |
| ACH EDI Detail Notification | $25 | Overdraft Protection from Savings / MMK | $8 |
| ACH Files | $1 | Money Order | $3 |
| ACH Originated Items- Credit | $.25 | Duplicate Statement or Item Copy | $6 |
| ACH Originated Items- Debit | $.25 | Stop Payment (per check) | $30 |
| ACH Returned Items | $10 | TIN Correction | $50 |
| Wire Transfer- Incoming | $10 | ||
Remote Deposit Capture | Fee | Wire Transfer - Outgoing | $25 |
| Monthly Maintenance Fee | $50 | Bank Cashier Check | $5 |
| 1st Check Scanner Additional scanners provided for a monthly rental charge of $15 ea. | $0 | ||
| RDC (per item) | $.10 | ||
| RDC (per deposit) | $.60 | ||
Miscellaneous Service FeesI | Fee | ||
| Account Research / Reconciliation (hourly) | $25 | ||
| Coin Machine - Customer | $0 | ||
| Coin Machine - Noncustomer | 4% | ||
| Notary Services -Customer | $0 | ||
| Notary Services - Noncustomer | $1.25 | ||
| Returned/ Undeliverable Mail | $2 |
All fees are for each occurrence unless noted otherwise
A – Transactions are deposit slips, deposited items, checks paid, and ACH Debits/Credits
B – Combined balances based on same Tax ID. This includes Deposit accounts and outstanding commercial loan balances excluding commercial real estate loans
C – Fee of $.35 per each item over statement cycle allowance
D – Dormant fee assessed monthly on your account following 24 months of inactivity
E – Each time an item created by a check, in-person withdrawal, ATM withdrawal or other electronic means is re-presented, we make a new decision whether to pay or return the item and we may charge you an insufficient funds fee at that time
F – ACH Transactions include Direct Deposits, Automatic withdrawals, internet or telephone transfers, and ATM/Debit Card Activity
G- MasterCard, our Debit Card provider, will charge an International Transaction fee for any transaction originating outside the United States. The fee is set by MasterCard and is based on a percentage of the transaction
H- Commercial Account Analysis earns a monthly “Earnings Credit” that may offset some or all services charges each month. The average monthly available balance is used to calculate the earnings credit. An earnings credit in excess of the total monthly service fees cannot be credited to the account as interest, nor will it carry forward to future month’s statement periods. The earnings credit rate is determined by Milford Federal and is variable.
I- Fees for these designated services cannot be offset by earnings credit for Commercial Account Analysis.
