Miscellaneous Fees and Charges Disclosure

DEPOSIT ACCOUNT FEES

• Overdraft Charge: $35.00 per item if account balance is more than $9.99 overdrawn (limit [a] to 6 per day for maximum of $210.00)
• NSF/Return Item Charge: $35.00 per presented item [b] that would have overdrawn the account more than $9.99.
• Stop Payment: $35.00 per item
• Dormant Checking and Health Savings Account Fee: $10.00 per monthly statement cycle if account inactive more than one (1) year
• Dormant IRA Savings Account Fee: $10.00 per quarterly statement cycle if account inactive more than five (5) years and owner has reached age of required minimum distribution
• Dormant Money Market Deposit Account Fee: $10.00 per monthly statement cycle if account inactive more than five (5) years
• Dormant Savings Account Fee: $20.00 per quarterly statement cycle if account inactive more than five (5) years

STANDARD ACCOUNT FEES

• Standard Account Research Fees:
  • $5.00 per periodic statement including all items that appeared in original statement
  • No delivery fee for Standard Account Research items if delivered in a secure electronic manner or picked up-in branch. If items are to be shipped, a trackable delivery service will be used, and customer will authorize a debit to the customer’s Eastern Colorado Bank account for the delivery fee.
• Subpoena/Summons Research Fees:
  • $25.00 per hour, minimum 1 hour
  • Plus $10.00 per recreated statement
  • Plus $3.00 per Other Bank Document (E.g., Signature Cards, Authorization Forms, Notices, Etc.)
• IRS Research Fees:
  • Current Fees as disclosed by IRS
• Deposit Item Return Charge: $7.00 per item for Simple Business and Business Analysis Checking
• Check Copy Fee: $3.00 per item within 90 days of statement date
• Foreign Currency Exchange Fee: $25.00 per order - $30.00 per order for non-customer
• Collection Fee: $20.00 per incoming or outgoing item
• Garnishment: $150.00 per garnishment
• Account Closing Fee: $25.00 if account closed within first 90 days
• Charge for Temporary Checks (after account opening): $1.00 for up to 3 checks

[a] Limit not applicable for Simple Business and Business Analysis Checking.

[b] Additional fees not assessed if item presented multiple times. Refer to Terms and Conditions Overdraft Addendum for additional information

 

MONETARY INSTRUMENTS FEES [c]

• Personal Money Order: $3.00 additional fee per Money Order
• Cashier's Checks: $5.00 additional fee per Cashier Check

BANK SERVICE FEES

• Online Banking and Zelle: No charge

Online Banking Bill Pay: $0.40 per transaction over 10 in a month [c] 

• Incoming Wires: No Fee
• Outgoing Wires:
  • Domestic Wires: $20.00 per wire
  • International Wires: $50.00 per wire
• Check Cashing:
  • (Non-customer/not on-us checks): Corporate Check/Government Check: 1% of check, $10.00 minimum
  • Personal check will be Corporate Check/Government Check fee plus $5.00 surcharge
• Sending a fax: No charge for Customer - $5.00 per fax for non-customer
• Photocopy: $0.25 per page
• Coin/Currency Ordered: Coin; $0.20 per Roll, $8.00 per box  Currency; $0.50 per Strap
• Coin Rolling Fee for Non-customers: 5% of loose coin or $5.00 minimum (whichever is greater)
• Cash & Coin Deposit Bags: No charge
• Notary Service: No charge for customers

SAFE DEPOSIT BOX FEES

• Locations: Boxes are available at Cheyenne Wells, Limon, Sharon Springs, Kit Carson and Burlington only. Size and prices vary. Please see a Relationship Banker for details.
• Replace Lost Key(s): $50.00 per key
• Drill Safe Deposit Box: $250.00

TREASURY MANAGEMENT FEES

• Merchant Capture: $50.00 monthly Software Service Fee per location. Refer to Merchant Capture Electronic Check Processing Service Addendum for Setup & Termination Fees.
• ACH Origination Services: $25.00 monthly fee and $0.15 per record
• Wire Transfer Service: $25.00 monthly fee if not enrolled in ACH Origination Services and $10.00 per outgoing wire
• Positive Pay: No fee for Treasury Management customer (Unlimited Accounts) and $7.00 per Positive Pay Return Item Fee
• Business Bill Pay: $4.95 monthly (30-day rolling period) base fee and $0.40 per transaction over 20 in a rolling 30-day period [d]
• BAI Extract File: $25.00 monthly fee

[c] No charge for Monetary Instruments or Bill Pay for account holders of Freedom 55 Checking Accounts.

[d] Not assessed for the first 90 days following enrollment.