Needham Bank Schedule of Charges

Needham Bank Schedule of Charges

SAVINGS ACCOUNT CHARGES

 
Maintenance Service Charge Free
Early Passbook Closeout (closed within 90 days of opening account) $10.00
   

MONEY MARKET ACCOUNT CHARGES

 
Maintenance Service Charge Free
Money Market Service Charge (if more than 6 third-party checks per statement cycle) $10.00 each
   

CHECKING ACCOUNTS

 
18/65 ACCOUNT CHARGES  
If you are under the age of 19 or age 65 or older, you qualify for this account. Some restrictions apply. See a Customer Service Representative for details.  
Maintenance Service Charge, Check Printing (standard style only) Free
Insufficient funds charge $5.00
N.O.W. ACCOUNT CHARGES Free
   

OTHER CHECKING FEES

 
Insufficient Funds Charge (overdrafts created by checks, ATM withdrawal, or other electronic means) $25.00
Check printing Varies by style
Stop Payment $25.00
Instant Statement $2.00 each
Statement copy $5.00 each
Check copy (First 25 each year are free) $5.00 each
   

ATM & DEBIT CARD SERVICE CHARGES

 
ALL Needham Bank customer ATM transactions Free*
Point –of –Sale (POS) transactions (available on checking accounts only) Free
MasterMoney debit card transactions Free
ATM/Debit card replacement $5.00
International Service Assessment Fee 1% of Transaction Amount
   
*If you use a non-Needham Bank ATM, you may be charged a fee. Use ATMs that display the “SUM” or “MoneyPass” symbol and you won’t pay a surcharge!  
   

BANK SERVICES & CHARGES

 

WIRE TRANSFER FEE

 
Wire fees are exclusive of other banks’ charges. There is a $500.00 minimum on outgoing wire transfers.  
Incoming $10.00
Outgoing – Domestic $25.00
Outgoing – Foreign $40.00
   

CHECKS PROCESSED

 
Foreign (in U.S. Funds, sent for collection) Varies
In Foreign Funds (collection charges are exclusive of other banks’ charges) $10.00 each
   

Returned Check Charges

 
Returned third- party checks that have been cashed or deposited to your account Limited by MA State Law
Returned checks drawn by the same maker or from a business account that have been cashed or deposited to your account $5.00
   

OTHER CHARGES

 
Overdraft protection transfer charge (per item) $10.00
Official bank checks withdrawn from Savings, N.O.W. Checking or Money Market One Free per Day; thereafter $5.00 each
Money Orders-Customers Only Two Free per Day; thereafter $2.00 each
Passbook Replacement $5.00
Account Research (1 hour minimum) $15.00/hr.
Coupon Collections  

Per Envelope

$4.00

Return Coupon (per envelope)

$5.00
Attachment/ Levy (per account) $25.00
Notary Public (for customers) Free
Signature Guarantee (customers only) Free
Abandoned Property Charge $25.00
ACH Returned Item Charge $5.00
Money HQ “Personal Finance Manager” $4.95/Month
   

MORTGAGE SERVICING

 
Confirmatory Discharge $25.00
Fax Fee $10.00
Returned Check $25.00
12-month history of payments $15.00
   

SAFE DEPOSIT BOXES (Wellesley Branch Only)

 
Size Annual Fee
2x5 $25.00
3x5 $50.00
3x10 $70.00
5x10 $100.00
10x10 $150.00
 
   
Replacement Key $25.00
Late Payment (after 30 days) $10.00
Drilling Cost + $20.00
   
There is a minimum savings account balance required to rent a safe deposit box. Safe deposit box contents are not insured by FDIC or SIF.

These charges are effective September 30, 2009
 
Use Free Online Banking & Bill Pay
 

You Could Win a Lot of Mooolah!

Pay your bills online during February and March 2010 for a chance to win $5,000! Click here for more information.
 
Contact Us
Subject:
 

Please enter the characters above for enhanced security.