Deposit Services

Opening Deposit Amount - Minimum deposit to open account

• Free Checking - $100
• Interest Checking - $1,000
• Money Market Checking - $2,500
• Business Checking - $100

Minimum Balance - Minimum daily balance required for each account

• Free Checking - None
• Interest Checking - $1,000 daily minimum balance or $2,500 average daily ledger balance
• Money Market Checking - $2,500
• Business Checking - $500 daily minimum balance or $2,500 average daily ledger balance

Checks - Provided to customer at no charge

• Free Checking - Temporary checks
• Interest Checking - Temporary Checks
• Money Market Checking - Temporary Checks
• Business Checking - Temporary Checks

Monthly Maintenance Fees - Monthly fees charged to accounts

• Free Checking - None
• Interest Checking - $7.50 if the daily balance falls below the minimum balance requirement of $1,000 or $2,500 average daily ledger balance
• Money Market Checking - $10.50 if the daily balance falls below the minimum balance requirement of $2,500
• Business Checking - $5.00 if the daily balance falls below the minimum balance requirement of $500 or $2,500 average daily ledger balance

ATM/Debit Cards

• No Annual Fee
• Issued upon Approval
• No charge when used at any Bank of Hydro ATM
• No additional charge from Bank of Hydro when used for purchases

Overdraft Protection

• This feature protects you from return checks. If your account becomes overdrawn and you have overdraft protection, Bank of Hydro will pay the check instead of returning the check to the payee. The account will be charged an NSF fee of $20 per check.

NSF Transfer Protection

• No cost for this feature
• This feature allows the customer to automatically transfer money from one account to another to cover NSF checks. The amount needed to cover the NSF check will be transferred plus $1. The customer will not be charged an NSF fee, as long as funds are available to cover the NSF check. There is no charge for this feature. Please contact your local branch to get this feature set up.

Other Services:

• Cashiers Checks
  • Bank Customers - No Charge
  • Non-Bank Customers - $3.00 per check (Cash only purchase)
• Money Orders - $500 limit
  • Bank Customers - No Charge
  • Non-Bank Customers - $3.00 per check (Cash only purchase)
• Travelers Cheques
  • Bank Customers - No Charge
  • Non-Bank Customers - $2.00 per $100 (Cash only purchase)
• Wire Transfers
  • $10 charge for all wires within the United States
  • $35 charge for all international wires
• Notary Services
  • No Charge - must have a photo id
• Collection Items
  • Incoming - No Charge
  • Outgoing - $10.00 per item
• Garnishment
  • $25.00 per account
• Deposit Bags
  • Zipper Bags - Free
  • Locked Bags - $15.00 per bag
• Stop Payment
  • $20.00 per Check
• Insufficient Funds
  • Paid or Returned - $20 per item
• Account Research
  • $12.50 per hour plus $.25 per paper copy plus $2.00 microfilm copy ($12.50 min)
• Chargebacks
• $2.00 per item