Commercial Checking
Commercial Checking
Business Money Market with Checks
Positive Pay Fees
Monthly Maintenance Fee
$10.00
Charge waived if average daily balance* in the account
is $2,500 or more, during the statement cycle.
Charge per Deposit
$0.20
Charge per Check
$0.20
Charge per Check Deposited
$0.20
Monthly Maintenance Fee
$10.00
Charge waived if average daily balance* in the account is
$5,000 or more, during the statement cycle.
Positive Pay for Checks / per month
Positive Pay for ACH / per month
ACH EDI Reporting / per month
Transaction Fees
Lockbox Services Monthly Fees
Transfer or check(s) in excess of regulatory limits
$15.00
(Charge per check or transfer for each occurrence exceeding 6 per
statement cycle)
One Time Set Up Fee
$500.00
Maintenance Fee
$50.00
Daily Email Reports / per report
$30.00
Items Processed (Monthly):
1-300
$150.00
301-1000
$350.00
1001-5000
$1,250.00
5001 and over
$2,000.00
Dedicated P.O. Box (billed annually) At cost from USPS
The first 300 items presented collectively (deposits, checks
deposited and checks paid) during a statement cycle are not
charged the item fees described until the total number
of items including deposits, checks deposited and
checks paid exceed 300. Each item after the 300 item
threshold has been met will be assessed the appropriate
a per item fee. An earnings credit based on the average
collected balance in the account may offset item charges.
An earnings credit† based on the average collected
balance** in the account may offset item charges.
Non-Profit NOW
The Non-Profit NOW account is available only to
qualifying non-profit organizations which can provide
required documentation indicating Internal Revenue
Service qualification of nonprofit status. Monthly
Maintenance Charges, Deposit and Check Charges are
waived for eligible non-profit entities.
IOLTA/IORTA
IOLTA
(Interest on Lawyers Trust Account) accounts are special
accounts created under the Lawyers Trust Fund Program. All interest earned in these accounts is pooled to
support civil legal services and justice programs for
those who would normally be unable to afford them.
IORTA
(Interest on Realtors Trust Account) are special accounts
created under the State Association of Realtors. All
interest earned on IORTA escrows is pooled to support
grants that provide housing opportunities for
individuals and families who would normally be unable
to afford them. Monthly Maintenance Charges, Deposit
and Check Charges are waived.
Health Savings Account (HSA)
Annual Maintenance Fee
$15.00
Overdraft Charges
(Applies to Checks, ACH, Recurring POS, Pre-authorized transfers,
Bill Pay, Account to Account transfer transactions, and certain
bank fees and miscellaneous charges that may cause the account
balance to go negative)
Overdraft-Insufficient Funds-Paid or Returned
Overdraft-Uncollected Funds-Paid or Returned
Daily Negative Balance Fee
(each day the balance of account is negative)
$34.00
$34.00
$8.00
Related Checking Account Fees
Stop Payments
Temporary Checks (per check printed)
Check Printing and Delivery Charges
$34.00
$2.00
varies
ATM/EFT Charges
Miscellaneous Charges
$50.00
$50.00
$10.00
Optional Lock Box Services
Internet Inquiry Access
Data Transmission
Monthly Image CD
Custon Programming / fee per hour
Bill File Load / fee per file
Bill File Look up / fee per look up
Stop File load / fee per file
Research / fee per hour
$175.00
$60.00
$30.00
$150.00
$15.00
$2.00
$25.00
$50.00
Online Banking
Connect24SM Online Banking
Free
Connect24 Online Bill Pay
Free
(When you use an ATM not owned or operated by Fairfield County Bank,
you may be charged a fee by the ATM operator, and you may be charged a
fee for a balance inquiry even if you do not complete the funds transfer)
Bill Pay Service - the following charges may apply:
Bank Overdraft Fee Insufficient Funds Paid or Returned $34.00
Checkfree Overdraft Fee Insufficient Funds Returned $20.00
Checkfree Reimbursement for Collection Fees on Returned
Items
varies
Bill Pay Same Day Payment Fees
$14.95
Bill Pay Overnight Check Fee
$19.95
Deposit Express Services
Cash Management Services Business Link
Deposit Express Service Monthly Fee
(includes one scanner)
$100.00
Deposit Express Item Fee (per item for each check scanned) $0.20
Vendor Support Billable
varies
One Time Set Up Fee
ACH Module Fee / per month
Wire Transfer Module One Time Set Up Fee
Vendor Support Calls Billable
ATM/VISA® Debit Card Replacement
ATM/VISA Debit Card Special Handling
ATM Surcharges
$10.00
$50.00
varies
$150.00
$50.00
$50.00
varies
Account Closed within 182 days of the opening date $10.00
Automated Transfers
$5.00
(For transfers generated by the system from one deposit
account to another)
Official Bank Check
$10.00
Bank Service of Process Fees
$75.00
(Levies, Garnishments, Tax Warrants, etc.)
Collection of Foreign and Domestic Checks
and Drafts
varies
For foreign checks and drafts the fee will be equal to the
greater of: $25.00; or 1.50% of the collection amount. For U.S.
currency the fee will equal
$25.00
Copies of paid items, withdrawals, statements,
checks presented, or deposit tickets (per item)
$4.00
(Research charge may apply per item)
Counting Loose Coin varies
(5% of the total amount counted for non-customers)
Returned Deposit Item Fee
$20.00
Dormancy Charge (per month)
$8.00
(Charge applies when account has had no activity during
the previous 12 months and the average daily balance* of the account
is less than $5,000 during the monthly cycle)
Foreign Currency Purchases and Returns Less
than $500
$10.00
Interim Statements
$10.00
Medallion Guarantees (for customers only)
$25.00
Notary Fee
$5.00
Overnight Mail Fee
$35.00
Research Fee (per hour or any portion of an hour)
$50.00
Safe Deposit Box Drilling (plus technicians fee)
$50.00
Safe Deposit Box Late Charge (per month)
$5.00
Safe Deposit Lost Key (per key)
$15.00
Verification of Deposit Form
$15.00
Miscellaneous Charges
Wire Transfers
Domestic Wire Transfer In
Domestic Wire Transfer Out
International Wire Transfer In
International Wire Transfer Out
Wire Transfer / Tracer/ Confirmation
$15.00
$25.00
$25.00
$50.00
$25.00
Disclosure
† Earnings Credit Information
The Earnings Credit is a variable rate. At our discretion
we may change the Earnings Credit on the account at
any time. We use the average collected balance**, less
10.00% for Reserve Requirements, to calculate the
Earnings Credit on the commercial checking account
for the statement period. The Earnings Credit will be
used to reduce the fees charged to the account for the
month in which the Earnings Credit was earned. Any
excess Earnings Credit that is not used to reduce fees
in the month it is earned will not be carried over to
subsequent months.
*The average daily balance is calculated by adding
the funds on deposit in the account each day of the
statement cycle and dividing that figure by the number
of days in the statement cycle.
**The average collected balance is the sum of daily
balances in an account, less the total of uncollected
items, divided by the number of days in the period.
Main Telephone
203.431.7431
877.431.7431
Connect24 - Telephone Banking
866.877.2653
Connect24 - Online Banking
www.fairfieldcountybank.com
FCBM-6706
(05/17)
NMLS ID
#516624
EQUAL HOUSING
LENDER
MEMBER
F D IC
Schedule of Charges
Business Banking