Schedule of Deposit Account Fees and Terms
Revision Date: July 1, 2008
SCHEDULE OF FEES FOR PERSONAL ACCOUNTS
High Interest Checking Account - $500 minimum to open
Features:
- Interest earning -- Compounded Daily
- No Monthly Maintenance Fee with an average daily balance of $5,000 or more
- Free Unlimited Check Writing
- Free Unlimited Bill Payment
- Free Online Banking and Online Statements
- ATM Fees Reimbursed Up to $8 Per Month
- First Order of Personal Checks Free (50-pk)
- Free Postage Paid Bank By Mail Envelopes
- ATM/Debit Cards Available
- Overdraft Protection available
Pricing:
- $7.50 monthly maintenance fee if average daily balance falls below $5,000.
Regular Savings Account - $100 minimum to open
- Interest earning -- Compounded Daily
- No Maintenance Fee
- Free Online Banking and Online Statements
- Free ATM Cards available
- Free postage paid bank by mail envelopes
Money Market Savings - $100 minimum to open
Features:
- Interest earning -- Compounded Daily
- Limited check writing (3 per month)
- Free Online Banking and Online Statements
- Free ATM Cards available
- Free postage paid bank by mail envelopes
Pricing:
- No monthly service charge
- Excessive Transaction Fee $10.00 - See disclosure
Certificate of Deposit Fees - $1,000 minimum to open
- Interest earning -- Compounded Daily
- No Maintenance Fees
- Penalty for Early Withdrawal - See disclosure
- Free Online Banking
Grandfathered Accounts
Statement and Research Services
| Statement on Internet |
No Charge |
| Statement Copy from archive, per page |
$10.00 |
| Check copy from Internet |
No Charge |
| Check copy from archive, per item |
$5.00 |
| Research/Reconciliation, per hour |
$35.00 |
| Statement copy from Internet |
No Charge |
| Legal Process (i.e. Subpoenas, Summons, etc...) |
$100.00 |
Account Services:
| ATM card replacement |
$5.00 |
| ATM withdrawals |
No Charge |
| ACH transactions |
No Charge |
| VISA check card transactions and POS transactions |
No Charge |
| Telephone banking transactions |
No Charge |
| Internet banking transactions |
No Charge |
| Sweep account OD protection transfer, per transfer |
$1.00 |
| Bank Verification Letter |
$25.00 |
| Closed Account Fee (closed within 90 days of opening) |
$25.00 |
| Garnishments/Tax levies |
$75.00 |
Collection Services
| Collection items, per item plus cost |
$25.00 |
Wire Transfer Services (customers only):
| Domestic incoming |
No Charge |
| Domestic outgoing, each |
$30.00 |
| Other wire transfer service fees quoted upon request |
Quote |
Payment Products (customers only)
| Official checks, each |
$7.00 |
| Certified or overnight mail charged at actual cost |
|
Other Fees
| Non-sufficient/uncollected funds, per returned item includes checks, ATM, ACH and bill payments |
$25.00 |
| Non-sufficient/uncollected funds, per paid item includes checks, ATM, ACH and bill payments |
$25.00 |
| Returned deposited items, per item |
$10.00 |
| Stop payments, per request includes checks and ACH |
$25.00 |
| Bill Payment Stop Payment |
$25.00 |
| Intra-account transfer requests received by fax, mail or email between BofI accounts |
$10.00/transfer |
| Online or automated telephone transfers |
no charge |
| Bofi On-Us Check Cashing Fee for Non-Customers: |
$15.00 |
| Check Orders For All Checking Accounts |
At Cost |
Dormant Account Fee Per Month
| (accounts inactive for 1-yr or more) |
$2.00 |
SCHEDULE OF FEES FOR BUSINESS ACCOUNTS
Basic Business Account Fees
- $10.00 monthly fee is charged regardless of balance
- .30 cent fee for each automatic clearing house (ACH) transaction
- .30 cent fee per bill payment
Not-for-profit Business Account Fees
- $5.00 monthly fee is charged if the average daily balance falls below $10,000
Account Analysis Business Account Fees
