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Schedule of Fees and Charges

Personal Accounts | Business Accounts | Other Charges | ATM Fees/Charges | Safe Deposit Boxes

PERSONAL ACCOUNTS

Account Balance/Terms Required to Avoid Service Charges Monthly Service Charge if Balance/Term are not met.
Free and Easy Checking No Minimum Balance Required. Must have direct deposit of $500 per month or more None. Failure to meet terms will result in change to Basic Minimum Account .
Easy Access Checking Minimum Daily Balance of $100 $7.00
Easy Access Interest Checking Minimum Daily Balance of $500 $5.00
Traditional Money Market Account Minimum Daily Balance of $2500
Limited Transaction Account
$10.00 Excess transactions will result in change to NOW Account and $5.00 per item fee.
Ultimate Money Market Account Minimum daily balance of $50,000.00. Limited transaction account. $25.00; rate reduces to .25 APY. Excess transactions will result in a $5.00 per item charge.
Free Senior Checking Must be over 62 years of age None
Free First Checking Must be under 21 years of age None
Easy Access Savings Minimum Daily Balance of $10 $1.00
Passbook Savings Account None None

BUSINESS ACCOUNTS

Account Excess Transaction Fees Monthly Maintenance Fee Balance to Waive Monthly Fee
Easy Access Business 100 .25 for each item over 100 $10.00 $500.00
Easy Access Business 200 .25 for each item over 200 $12.00 $6000.00
Easy Access Commercial .15 per check paid; .50 per deposit; .07 per item in deposit $12.00 Based on Earnings Credit (.15 credit offset for each $100 average collected balance maintained)

OTHER CHARGES

Insufficient Funds ( per check paid or returned ) $20.00
Senior Checking Accounts ( per check paid or returned) $ 5.00
First Checking Accounts ( per check paid or returned) $ 5.00
Returned Deposited Item No Charge
Check Collection  

Domestic
Foreign

$20.00
$40.00
Stop Payment Orders $20.00
Account Printouts $ 1.00
Account Reconciliation/hour $25.00
Account Research/hour $25.00

Duplicate Statements/each
Per check copy/each

$ 5.00
$ 1.00
Foreign Currency Order $20.00
Foreign Draft $30.00
Bank Checks  

$1000 and under
Over $1000

$ 2.00
$ 3.00
Telephone Transfer $ 5.00
Online ACH File $ 5.00
*Inactive Account Fee $ 1.00
New Acct. closed within 90 days $15.00
Wire Transfer  

Domestic
Foreign

$20.00
$50.00
Coupon Redemption/plus postage $10.00
Replacement Passbook $10.00
ATM/Debit Card Replacement $15.00
MasterCard® Replacement $20.00
MasterCard® Duplicate Statement $ 5.00
Dormant Account Fee $25.00
Levy Fee $50.00
Checkbook Order varies with style

ATM FEES/CHARGES

Domestic ATM transactions/each $ 1.00
International ATM transaction/each $ 5.00

SAFE DEPOSIT BOXES

Annual Fee
 3” x 5” $30.00
 3” x 10” $60.00
 5” x 10” $75.00
 6” x 10” $90.00
10” x 10” $125.00

*The inactivity fee will be imposed monthly on all deposit accounts if the minimum daily balance is below $25.00 and the account has been inactive for the preceding 6 months. 

(978) 546-3411
Serving the Cape Ann Community since 1851!
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