Business Schedule of Fees
Effective October 15, 2020 | |
Checking Charges | |
Insufficient Funds | $30.00 |
Returned Deposited Item | $6.00 |
Stop Payment Fee | $25.00 |
Check Printing Charge | Varies |
(Fee depends on style of check requested) |
|
Overdraft Transfer Fee | $5.00/transfer |
Temporary Checks (6) | $3.00 |
Account Research | |
Statement Copies (per statement) | $5.00 |
Account Research Fee (per hour) | $30.00 |
Copies of Deposited Items Fee (per item) | $2.00 |
Copies of Checks Fee (per item) | $2.00 |
Money Order Fees |
|
Bank Customer | 1 Free |
Additional Money Orders | $3.00 |
Treasurer's Check Fees |
|
Bank Customer | 1 Free |
Additional Treasurer's Checks | $5.00 |
Other Fees and Charges | |
Coupon Fee (per envelope) | $10.00 |
Lost Passbook Fee | $5.00 |
Replacement ATM/Debit Card Fee | $10.00 |
Expedited Delivery of ATM/Debit Card | Varies |
Excessive Transaction Fee | $10.00 |
Preparation of Subordination Agreement | $100.00 |
Lien Release | $5.00 |
Levy Fee | $100.00 |
Notary Fee (customers only) | No Charge |
Foreign Currency | Varies |
Foreign Check Shipment Fee | $12.00 |
Monthly Dormancy Fee | $2.00 |
(Account balance less than $10.00 inactive for six (6) months) |
|
Escheatment Fee (MA Abandoned Property) | $50.00 |
IRA Transfer Fee (out-going) | $50.00 |
Paper Statement Fee | $2.00 |
Bill Payment - Overnight Check | $12.95 |
Bill Payment - Same Day Payment | $9.95 |
Wire Transfer Fees |
|
Incoming | No Charge |
Outgoing - Domestic | $20.00 |
Outgoing - International | $40.00 |
Safe Deposit Box Annual Rental Fees | |
(Contents not insured by the FDIC or The Village Bank) | |
2" x 5" Safe Deposit Box | $40.00 |
3" x 5" Safe Deposit Box | $50.00 |
5" x 5" Safe Deposit Box | $70.00 |
3" x 10" Safe Deposit Box | $85.00 |
5" x 10" Safe Deposit Box | $120.00 |
10" x 10" Safe Deposit Box | $225.00 |
Other Safe Deposit Fees |
|
Safe Deposit Box Drilling | $250.00 |
Replace Lost Key | $15.00 |
Safe Deposit Box Late Fee | $10.00 |
BUSINESS ACCOUNTS | |
Village Business Checking | |
Monthly Maintenance Fee | None |
Check Writing | $0.50 |
100 free processed checks - each additional check |
|
Deposited Items | $0.08 |
100 free deposited items - each additional item |
|
No interest is paid on this account |
|
Village Cash Management Checking |
|
(for businesses using Cash Management services) | |
Monthly Maintenance Fee | None |
Check Writing - each check processed | $0.25 |
Deposited Items - each item deposited | $0.25 |
(remotely or at branch) |
|
Business Analysis Account |
|
Monthly Maintenance Fee* | $15.00 |
Check Writing: each check processed* | $0.18 |
Deposited Items: each item deposited* | $0.08 |
*Earnings credit may offset fees | |
Cash Management Services | |
ACH - per item originated | $0.25 |
Domestic Wire | $10.00 |
International Wire | $40.00 |
Business Bill Pay | $20.00 |
Business Bill Pay Insufficient/Funds Fee | $30.00 |
Business Bill Pay Stop Payment Fee | $25.00 |
Positive Pay | $100.00 |
Remote Deposit Capture | |
Monthly Charge | None |
Per Check Item Scanned | $0.25 |
Scanner | Free Single Feed Scanner $300 Value** |
**If a multi-feed scanner is needed, $300 may be used as credit to purchase the equipment |
Let's Get Started
For more information or answers to any questions, please visit our Customer Care Center, use our Contact Form, or call us at (617) 969-4300.
