Schedule of Fees & Service Charges

Transcription

1 Schedule of Fees & Service Charges September 30 th, 2015

2 Domestic Deposit Accounts Service Charge Basic Interest Choice Personal IFB Senior Citizen Direct Deposit Market Market Tiered Personal Savings Business Market Market Tiered Choice Business Maintenance fee: $12.00 per monthly statement cycle, if the balance falls below $ cycle, if the balance falls below $2, Maintenance fee: None - only offered to customers that have an (1) established extension of credit at IFB Maintenance fee: None Maintenance fee: None cycle, if the balance falls below $3, cycle, if the balance falls below $2, Maintenance fee: $12.00 per monthly statement cycle, if the balance falls below $ cycle, if the balance falls below $2, cycle, if the balance falls below $5, cycle, if the balance falls below $5, Maintenance fee: None - only offered to customers that have an (1) established extension of credit at IFB International Deposit Accounts Service Charge Basic (I) Interest (I) Choice Personal (I) Market (I) Personal Savings (I) Business (I) Market (I) cycle, if the balance falls below $10, cycle, if the balance falls below $15, Maintenance fee: None - only offered to customers that have an (1) established extension of credit at IFB cycle, if the balance falls below $25, cycle, if the balance falls below $15, cycle, if the balance falls below $50, cycle, if the balance falls below $50,000.00

3 IFB Deposit Accounts No Longer Offered Service Charge Market Tiered (I) Market Tiered (I) Business Savings Business Savings (I) Choice Business (I) cycle, if the balance falls below $2, cycle, if the balance falls below $5, cycle, if the balance falls below $5, Maintenance fee: $12.00 per monthly statement cycle, if the balance falls below $5, Maintenance fee: None Automatic Teller Machine (ATM) / Debit Card Related Fees SVC CHG (Non IFB ATM Balance Inquiry Fee) $1.00 SVC CHG (Non IFB ATM Withdrawal / Transfer Fee) $2.00 Non Customer IFB ATM Fee $2.00 C/B (Cross Border) Fee.90% of total transaction amount Replacement Debit Card Fee (standard) $10.00 Rush Replacement Debit Card Fee (overnight mailing) $90.00 Sizes (in inches) and Fees Safe Deposit Boxes Related Fees (2) 3 x 5 $35.00 (2) 3 x 10 $80.00 (2) 5 x 10 $ (2) 10 x 10 $ Key Deposit Fee $30.00 Late payment Fee $25.00 Drilling Fee $ Drilling Appointment Cancellation Fee $75.00 Delivery Shipping Related Fees Regular Mail Fee (by US post office within the US) $3.00 Domestic Courier Shipping Fee $40.00 International Courier Shipping Fee $75.00

4 Collection Fees Incoming & Outgoing (International & Domestic Customers) Clean Collection Fee (per item) $50.00 $ up to $30, Documentary Collection Fee (per set) $ over $30, Past Due Item Fee $10.00 $25.00 and other Unpaid Item Fee Payee Bank charges may apply (3) Advice of Payment Fee (per advice) $20.00 Tracer Fee (per request) $15.00 Acceptance Advice Swift Message (per set for $20.00 International Customers) Wire Transfer Fees Wire In Fee (Incoming Wire Transfer Fee) $15.00 International Outgoing Consumer Wire Transfer Fee $60.00 Wire Out Fee (International Outgoing Business Wire Transfer Fee) $45.00 Wire Out Fee (Domestic Outgoing Wire Transfer Fee) $30.00 Swift Wire Out Fee ( Swift Outgoing Business Wire Transfer Fee) $45.00 Wire Out Fee (Online Banking Domestic Outgoing Wire Fee) $20.00 Wire Transfer Investigation Fee (per research request) $10.00 Wire Transfer Trace Fee (per request) $20.00 Wire Transfer Confirmation Fee (per confirmation) $20.00 Overdraft Related Fees NSF (Non-Sufficient Funds) Fee $35.00 (4) Overdraft Interest Fee (applied for Commercial or Corporate deposit accounts only) 17.50% for the amount overdrawn per business day (5)

5 Other Fees (6) Account Opening Processing Fee- Business International Specialized Account (One Time Fee) $ (7) Excess Transaction Fee- for Savings and Money Market Accounts (exceeding 6 transactions per month) $10.00 Automatic Internal Transfer $5.00 Internal TRF (Transfer) Fee $5.00 Sweep Transfer Fee $5.00 Bill Payment Services for first 5 payees $5.00 Bill Payment Services each additional payee over the initial 5 $3.50 Cashier's Check Fee $15.00 Cashier s Check Non-Customer Exchange Fee $25.00 Copy Fee- at a bank location (per page) $2.00 Research Fee (per hour within 2 years) $25.00 Research Fee (per hour over 2 years) $50.00 Statement Printout Fee (per statement) $5.00 Early Domestic Account Closing Fee (prior to 6 months) $25.00 Early International Account Closing Fee (prior to 6 months) $ Audit Confirmation Fee (Domestic Account) $10.00 Audit Confirmation Fee (International Account) $25.00 Account Activity Image Fee (per image) $5.00 Deposit Item Returned Fee $10.00 Dormant Account Fee (monthly fee- after 12 months $20.00 of the account being inactive) Hold Mail Fee (per statement cycle) $15.00 Locking Zipper Bag Fee (per bag) $20.00 Notary Service Fee (per request) $10.00 Reference Letter Fee $25.00 Return Mail Fee $15.00 Resume Paper Statement Fee (per account) $10.00 Stop Payment Fee (per item and valid for 6 months) $30.00 (8) Business Excess Transaction Fee (per statement cycle- if applicable) Legal Processing Fee (Garnishments, Levies, Notice of Freeze) $0.10 per each debit transaction in excess of 50 $100.00

6 IMPORTANT FOOTNOTES: (1) Established extension of credit at IFB includes, but is not limited to: a loan to a person / entity such as a credit card, consumer loan, auto loan, CD secured loan, line of credit, mortgage loan, or commercial loan. (2) All safe deposit box rental fees must be paid in advance for the entire year. (3) In addition to the International Finance Bank (IFB) charge of $25.00 for this collection unpaid item, there may be other fees incurred which may be assessed to the customer due to the Payee Bank s related charges for this item (when applicable). (4) An overdraft fee may apply to all of your accounts with us except certificates of deposit on overdraft balances created by check, in person, ATM withdrawal or through any electronic funds transfers. (5) 17.50% annualized rate (the Bank assesses the overdraft interest charge monthly based on the total negative balance, including any non sufficient funds (NSF) fees incurred) applied only to deposit commercial or corporate accounts only. (6) This processing fee applies if the Business International account meets one of the following criteria: Politically Exposed Persons (PEPs), Private Investment Corporations (PICs), Offshore corporations, Non Governmental Organizations & Charities, Delaware corporations, International Government entities, Non Bank Financial institutions, and Consortiums. (7) For Money Market and Savings Accounts, transactions are limited to six (6) transfers or withdrawals (or a combination of 6 transfers and withdrawals) each month to another of your account(s), or to third parties when these transfers are made by means of preauthorized, automatic transfer, or telephone / PC transfer, or by check, draft, debit card, or similar order. (8) The Business and the Business (I) accounts are limited to 50 debit transactions per month and a $0.10 charge will be charged on each excess debit over 50. Phone: Member FDIC Rev. 09/30/15