Fee Schedule for Banking Services

Effective date: May 28, 2013

INTEREST BEARING ACCOUNTS (N.O.W ACCOUNTS) – see separate interest rate schedule for details

Hometown Checking Account

  • Requires deposit of $100 to open
  • Minimum balance to ensure no fee - $100
  • If the daily balance falls below $100 on any day of the month - $8.00 per month
  • First order of 50 checks - Free
  • Debit/ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free
  • Hometown BillPay - $1.95 per month

Hometown Checking Account PLUS

  • Requires deposit of $100 to open
  • No minimum balance
  • Monthly maintenance fee - $6.00
  • Special member checks - Free
  • Debit/ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free
  • Hometown BillPay - Free

Hometown Checking 50 Account

  • Requires deposit of $100 to open
  • Minimum balance to ensure no fee - $100
  • If the daily balance falls below $100 on any day of the month - $8.00 per month
  • Special member checks - Free
  • Debit/ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free
  • Hometown BillPay - $1.95 per month

Hometown Checking 50 Account PLUS

  • Requires deposit of $100 to open
  • No minimum balance
  • Monthly maintenance fee - $4.00
  • Special member checks - Free
  • Debit/ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free
  • Hometown BillPay - Free

Our Hometown Checking Accounts include the services itemized by account type above. In addition, other Free services include: unlimited checking, cashier’s checks and money orders, preferred rate on new installment loans with automatic payment from your account (subject to credit approval), IRA, VISA credit cards,common carrier accidental death insurance, payment card protection, Everywhere Cash Savings, Hotel Savings Network, Discounted Gift Cards, overdraft protection (a nominal fee applies on non-PLUS accounts only), automatic savings transfers, bank-by-mail, direct deposit of social security and payroll checks, notary services, and photocopy service.

Hometown Checking PLUS accounts also include these additional benefits: personalized checks, accidental death insurance, Everyday REbate Rewards, and free overdraft protection from savings or MMDA.

See Hometown Checking Brochure for complete details.

OTHER INTEREST BEARING ACCOUNTS

The following terms apply to Money Market Account, Business Money Market Account, and Money Market Deposit Account Plus  and savings accounts:

During any month, you may not make more than six withdrawals or transfers to another bank account of yours or to a third party by means of a preauthorized, ACH,  automatic transfer or telephone banking transfer  whether initiated by check, draft, debit card, if applicable, or similiar order to a third party. This includes Internet Banking transfers.  If the transaction limit is exceeded, there is a $15 excess item fee assessed to the MMDA accounts.  Subsequent violations may result in changing the account to a non-interest bearing checking or an interest bearing checking (N.O.W. ) account, if the account holder is eligible to hold an interest bearing checking account.

Money Market Deposit Account

  • Requires deposit of $1,000 to open
  • Minimum balance to ensure no fee - $2,500
  • If the daily balance falls below $2,500 on any day of the month - $6.00 per month
  • First order of 50 checks - Free
  • Debit/ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free

Business Money Market Deposit Account

  • Requires deposit of $1,000 to open
  • Minimum balance to ensure no fee - $2,500
  • If the daily balance falls below $2,500 on any day of the month - $7.50 per month
  • First order of 50 checks - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free

Money Market Deposit Account PLUS

  • Requires deposit of $10,000 to open
  • Minimum balance to ensure no fee - $10,000
  • If the daily balance falls below $10,000 on any day of the month - $10.00 per month
  • First order of 50 checks - Free
  • Debit/ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free

Statement Savings Account

Statements are mailed quarterly; however, if an account has had an electronic debit posted, the customer will receive a statement for the month the electronic debit posted.

  • Requires deposit of $50 to open
  • Minimum balance to ensure no fee - $50
  • If the daily balance falls below $50 on any day of the quarter - $3.00 per quarter
  • ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free

For full-time students or persons under age of 21, this account requires $25 to open, has no minimum balance and no monthly maintenance fee.

OTHER ACCOUNTS

Regular Checking Account

  • Requires deposit of $100 to open
  • Minimum balance to ensure no fee - $300
  • If the daily balance falls below $300 on any day of the month - $5.00 per month
  • Debit/ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free
  • Hometown BillPay - $1.95 per month

Regular Business Checking Account

  • Requires deposit of $500 to open
  • Minimum balance to ensure no fee - $300
  • If the daily balance falls below $300 on any day of the month - $5.00 per month
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • HometownNet Internet Banking - Free

Hometown Access Account

  • Requires deposit of $100 to open
  • Direct deposit to this account or E-statement enrollment required then account has no monthly fee 
    (check safekeeping required - no images on monthly statement)
  • If no direct deposit to account - maintenance fee of $3.00 per month
  • Debit/ATM Card - Free
  • Hometown Cash Connection, 24 hour telephone banking - Free
  • Optional – Monthly Image Statement - $2.00 per month with paper statements
  • HometownNet Internet Banking - Free
  • Hometown BillPay - Free

Accounting and Customer Service Fees

Following are fees that may be assessed to your account unless otherwise stated in the account information above that applies to your specific account type.

 

Overdraft or Returned Item fee (NSF) for 1st item* $ 28.00
Each additional item on same day*

$ 20.00

Daily Overdraft Fee (beginning the 5th day)**

 $  5.00

Return Deposit Item fee per item $   5.00
Stop payment orders per request $ 25.00
Overdraft protection transfers from savings or MMDA $   2.00
Check printing varies by style

* These fees apply regardless of whether items are paid or returned; Only applicable to accounts accessible by check or ACH, including savings accounts, items will be paid largest to smallest at the officer's discretion.

** Overdraft fees will be charged every five (5) days beginning the 5th consecutive day an account is overdrawn.  (EX: 5th, 10th, 15th, etc...)

Personal money orders $ 2.00
Cashier’s checks $ 3.00
Counter checks (in excess of one) per request $ 0.50
Check cashing for non-customer (by officer approval only) 1% of check amount, min of $3.00
Photocopies per copy $ 0.25
Fax - Incoming - per page $ 1.00
Fax - Outgoing - first page $ 5.00
Each additional page $ 1.00
Zippered Bag $ 3.00
Locking Night Deposit Bag $ 25.00
Dormant Account Fee (per month) after one year, if the account has had no deposits, withdraws, or the customer has had no communication with the bank about the account $ 5.00
Escheatment Fee $ 50.00
Account charge off fee $ 25.00
Phone-in funds transfer between accounts per request $ 2.00
Copy of monthly statement or snapshot statement without images $ 2.00
Copy of monthly statement or snapshot statement with images $ 3.00
1st ½ hour of reconciling customer statement Free
Reconcile customer statement or other research per hour $ 20.00
Reconcile customer statement or other research (bank error) Free
Tax levy, garnishment, attachment, and lien processing $ 50.00
Wire transfers - Incoming $ 10.00
Wire transfers - Outgoing $ 20.00
International wire transfers - Incoming or Outgoing $ 50.00
Non-US Funds Check Processing $ 20.00
Each Additional Foreign check deposited on the same day $ 4.00
Medallion Stamp/Guaranty Fee by appointment only $ 15.00
Each Union Bank ATM cash withdraw, transfer, balance inquiry with Union Bank Debit or ATM card FREE
Each non-Union Bank ATM cash withdraw, transfer, balance inquiry with Union Bank Debit or ATM card FREE
Each Union Bank ATM mini-statement $1.00
Card replacement fee for expiring card FREE
Card replacement fee for non-expiring card $5.00
Debit/ATM PIN reorder fee $2.00
You will be responsible for any surcharges assessed by the owner of a non-Union Bank ATM.  We have no control over whether or not a surcharge is imposed or disclosed at the ATM.  If a surcharge is imposed, it may be included as a part of the withdraw amount.  

 

Safe Deposit Boxes

Safe Deposit Boxes are for rent at all Union Bank locations. Call or stop by for availability and pricing.