Schedule of Services & Fees
Effective April 1, 2023
There’s never a charge for friendly service at Phoenixville Federal Bank & Trust, your community’s bank!
Account Service Fees
Savings Accounts
Passbook Savings
Details
Fee
Minimum daily balance to open and earn interest
100.00
Monthly fee if below minimum daily balance
Monthly fee waived for the 1st cycle
3.00
Statement Savings
Details
Fee
Minimum daily balance to open and earn interest
100.00
Monthly fee if below minimum daily balance
Monthly fee waived for the 1st cycle
3.00
Children's Savings Club (birth thru 13 years)
Details
Fee
Minimum daily balance to open and earn interest
20.00
Senior Gold Passbook Savings (62 years and older)
Details
Fee
Minimum daily balance to open and earn interest
20.00
IRA Statement Savings
Details
Fee
Minimum daily balance to open and earn interest
20.00
Savings Accounts
All Personal Checking Accounts come with FREE Internet Banking, Bill Pay, & Mobile Banking.
Absolutely Free Checking
Details
Fee
Minimum deposit required to open
25.00
Monthly service fee
None
50 N' Better Free Interest Checking (50 years and older)
Details
Fee
Minimum deposit required to open
25.00
Minimum daily balance to earn interest
None
Monthly service fee
None
Direct Free Interest Checking (with direct deposit or automatic payment)
Details
Fee
Minimum deposit required to open
25.00
Minimum daily balance to earn interest
None
Monthly service fee
None
Premium Interest Checking
Details
Fee
Minimum deposit required to open
25.00
Minimum daily balance to earn interest
None
Minimum daily balance to avoid fee
1,000.00
Monthly fee if below minimum daily balance
Monthly fee waived for the 1st cycle
8.00
Money Market Accounts
Phoenix Money Market
Details
Fee
Minimum daily balance to open and earn interest
2,500.00
Minimum daily balance to avoid fee
2,500.00
Monthly fee if below minimum daily balance
Monthly fee waived for the 1st cycle
6.00
Internet Banking
Free
Business Checking Accounts
All Business Checking Accounts come with FREE Internet Banking, Business Bill Pay, & Mobile Banking.
Free Business Checking
Details
Fee
First 1,000 transactions per month
Includes checks cleared, checks deposited, ATM & POS transactions, ACH & Bill Pay
Free
Each additional transaction over 1,000
0.25
Commercial Checking
Details
Fee
Monthly service fee
*If not off-set by earnings credit
*12.00
Cleared check
0.15/check
Deposit ticket
0.15/ticket
Check deposited
0.12/check
Commercial Checking with Interest
Details
Fee
Monthly service fee
*If not off-set by interest earned
*22.00
Check cleared
0.15/check
Deposit ticket
0.15/ticket
Check deposited
0.12/check
Nonprofit Checking
Details
Fee
Minimum daily balance to open and earn interest
Note: Some nonprofit organization are not permitted to earn interest
100.00
Monthly service fee
None
Per item fees
None
Dormant Accounts
Dormant Savings Accounts (over 2 years)
Details
Fee
Monthly dormancy fee
*No fee if balance more than 500.00
Children's Savings Clubs are exempt
*4.00
Dormant NOW/Checking Accounts (over 6 months)
Details
Fee
Monthly dormancy fee
*No fee if balance more than 1,000.00
*4.00
Schedule of Fees
Item
Fee
Additional ATM/Debit Card
5.00
Replacement ATM/Debit Card
Free
ATM Usage
*Surcharges may apply but will be reimbursed if receipt is presented within 60 calendar days
*Free
Collections Processing
100.00
Copies of Paid Checks/Money Orders/109
5.00
Court Attachments/Garnishments
*Plus attorney fees if applicable
*250.00/order
Deposited Check Return
10.00
Escheat Processing
50.00
Foreign Checks (Canadian)
15.00
Foreign Checks (All Other Countries)
Fee based on cost
Interim Statement Copy
5.00
Levies
*Plus attorney fees if applicable
*150.00
Manual Clearance (checks or drafts)
5.00
Money Orders
5.00
Money Order for Senior Citizens (62 years and older)
0.50
Night Deposit Bag (non-refundable)
20.00
Non-Sufficient Funds
Per presentment or submission: checks, withdrawals, ACH, drafts, electronic or ATM transactions presented or submitted for payment against insufficient funds
34.00
Official Check
10.00
Overdraft Protection (per savings account transfer)
5.00
Overdraft Protection (per line of credit transfer)
Free
Premature Account Closing
within 90 days of account opening
25.00
Research (minimum of 1 hr.) per hour
85.00
Signature Guarantee (customers only)
Free
Statement Copy
5.00
Stop Payments
Checks, ACH, drafts or electronic transactions
10.00
Sustained Overdraft
after 14th consecutive business day
7.00 per day
Unavailable Funds
Per presentment or submission: checks, withdrawals, ACH, drafts, electronic or ATM transactions presented or submitted for payment against insufficient funds
25.00
Wire Transfer - Incoming (100.00 minimum)
10.00
Wire Transfer - Outgoing (100.00 minimum)
20.00
Wire Transfer - Foreign (100.00 minimum)
45.00
Safe Deposit Boxes (1 year rental, due January 1st)
Item
Fee for Account Holders
Fee for Non-Account Holders
3x5 Box
35.00
45.00
5x5 Box
50.00
65.00
3x10 Box
60.00
80.00
5x10 Box
80.00
110.00
10x10 Box
95.00
150.00
Late Charge (February 10th)
10.00
10.00
Lost Key Replacement
*Any drilling cost for safe deposit boxes will be passed on to customer
10.00
*10.00
Loan Fees
Item
Fee
Amortization Schedule
5.00
Copies of Interim Statements, Year End Statements, 1098, Escrow Analysis, Mortgage, Note & Paid Tax Receipt
5.00
Release Fee
based on county cost
Replacement Coupon Book
10.00
Returned Check
30.00
Stop Payment on Line of Credit
20.00
Subordination Fee
150.00
Phoenixville Federal Bank & Trust reserves the right to make changes whenever there is a change of policy, law, regulation, or otherwise.
