Disclosures and Fees
ACCURATE AS OF: 09/01/2011
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CONSUMER ACCOUNTS
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VHB FREE Checking
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No monthly service fee
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$100 minimum to open
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No monthly minimum balance
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VHB 50 Checking (age 50 & over)
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No monthly service fee
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$50 minimum to open
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No monthly minimum balance
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VHB Personal Interest Checking
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$100 minimum to open
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If the average daily ledger balance falls below $1,000
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$8 monthly service fee
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VHB Regular Money Market
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$2,500 minimum to open and monthly minimum balance requirement
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If the balance falls below $2,500
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$10 monthly service fee
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6 preauthorized, automatic, online banking transfers or telephone transfers per month
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Unlimited withdrawals in person, by mail or ATM
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Withdrawals over 6 per month
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$6 per transaction
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VHB Signature Savings
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$100 minimum to open
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If the balance falls below $100
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$3 monthly service fee
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6 preauthorized, automatic, online banking transfers or telephone transfers per month
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Unlimited withdrawals in person, by mail or ATM
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Withdrawals over 6 per month
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$3 per additional withdrawal
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Kids Savings
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$5 minimum to open
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No monthly service fee
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6 preauthorized, automatic, online banking transfers or telephone transfers per month
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No monthly min balance
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Unlimited withdrawals in person, by mail or ATM
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Withdrawals over 6 per month
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$3 per additional withdrawal
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BUSINESS ACCOUNTS
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FREE Business Checking
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$100 minimum to open
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No monthly minimum balance
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Transactions over 250
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.20 per transaction
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Business Interest Checking
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$100 minimum to open
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If the balance falls below $1,000 average daily balance
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$8 monthly service fee
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Transactions over 250
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.20 per transaction
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Commercial Checking / Account Analysis
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$100 minimum to open
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(Earnings credit helps offset service charges)
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.12 per check
.25 per credit
.12 per deposited item
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IOLTA (Interest on Lawyer’s Trust Account)
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$100 minimum to open
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If the balance falls below $100
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$8 monthly service fee
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MAHT (Maryland Affordable Housing Trust Account)
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Limited to Title Insurers that do closings, escrows and settlements in MD
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$8 monthly service fee
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VHB Business Money Market
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$2,500 minimum to open and monthly minimum balance requirement
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If balance falls below $2,500
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$10 monthly service fee
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6 preauthorized, automatic, online banking transfers or telephone transfers per month
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Unlimited withdrawals in person, by mail or ATM
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Withdrawals over 6 per month
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$6 per transaction
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VHB Business Signature Savings
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$100 minimum to open
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If the balance falls below $100
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$3 monthly service fee
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6 preauthorized, automatic, online banking transfers or telephone transfers per month
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Unlimited withdrawals in person, by mail or ATM
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Withdrawals over 6 per month
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$3 per additional withdrawal
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CASH MANAGEMENT SERVICES FEES
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ACH Origination
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*$ 50.00 setup and training fee
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$ 10.00 monthly maintenance
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$ 5.00 per file
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$ .12 per item
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$ 5.00 CTX Notices/EDI Transfers
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Remote Deposit
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*$ 50.00 setup and training fee
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$ 50.00 monthly maintenance
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$ .12 per item
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Online Banking
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No Charge
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BizPay (Bill Payment)
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No Charge
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Domestic Wire Transfer (Initiated through Online Banking)
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$ 10.00
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Stop Payment (Initiated through Online Banking)
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$ 20.00
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Positive Pay
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$ 10.00
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Tax Payments (Initiated through Online Banking)
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No Charge
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Repurchase Agreement
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$ 75.00 Monthly Maintenance
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LockBox
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$ 100.00 monthly maintenance
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Check only
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$ .40 per item
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Single match
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$ .22 per item
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Single unmatched
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$ .28 per item
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Correspondence handling
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$ .25 per item
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Reject Repair
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$ .20 per item
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Exception items
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$ 1.00 per item
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CD ROM
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$ 20.00 per disk
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Research
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$ 20.00 per hour
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CDM Online Module
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cost will vary
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FedEx
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cost will vary
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In-House LockBox
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$ 50.00 monthly maintenance
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Maximum of 250 items
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*Business account will be charged. Fee does not process through account analysis.
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MISCELLANEOUS FEES
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Stop Payments
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$25 per stop payment
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NSF (Non-Sufficient Funds) / Overdraft Paid Item
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$32 per item
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NSF (Non-Sufficient Funds) / Overdraft Returned Item
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$32 per item
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(An insufficient funds item may be created by check, in person
withdrawal, ATM withdrawal or electronic debit)
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Uncollected Funds Charge
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$28 per item
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Incoming Wires
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No Charge
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Outgoing Wires – Domestic
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$15 per wire
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Outgoing Wires – International
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$35 per wire
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Returned and Re-deposited Item
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$7.00
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ATM Transactions at VHB ATMs
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No Charge
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ATM Transactions at Non-VHB ATMs
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No Charge
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Surcharge by another Financial Institution or ATM
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4 non-VHB surcharges FREE per statement cycle for all VHB Consumer Checking Accounts.
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ATM / Check Card POS (point of sale) transactions
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No Charge
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International Transactions with ATM / Check Card
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1% of the transaction amount
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Replacement ATM / Checkcard
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$5
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Dormant Account Fee 24 months for Checking and
48 months for Savings.
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$10 monthly service charge
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Research Requests
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$20 per hour
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Duplicate Statement
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$5 per statement
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Tax Lien & Garnishments
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$75
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Safe Deposit Boxes (Must have a checking, savings, CD or VHB Loan)
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3x5 . . .
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$40
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5x5 . . .
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$55
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3x10 . . .
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$65
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5x10 . . .
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$85
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10x10 . . .
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$110
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Safe Deposit Box Late Fee after 30 Days
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10% of amount past due per month
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Safe Deposit Box Lost Key
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$20.00
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Safe Deposit Drilling
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$175.00
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Night Depository Service – Initial Setup
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$15
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Night Drop Disposable Bag
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$3.50 per bag
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Rolled Coin
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$.25 per roll
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Strapped Currency
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$0.10
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VHB Online Banking (Personal & Business)
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No Charge
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Foreign Item Collection Fee
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$10
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VHB Online Banking
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No Charge
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VHB Online Banking – Bill Payment Service
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No Charge
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ZashPay - Money Transfer Service
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$0.50 per transaction
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VHB Telephone Banking - 800-205-0913
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No Charge
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