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Welcome to Phoenixville Federal Bank & Trust
Call Today 610-933-1000 Our Hours Choose a location

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

DetailsFee
Passbook Savings
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
DetailsFee
Statement Savings
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
DetailsFee
Children's Savings Club (birth thru 13 years)
Minimum daily balance to open and earn interest 20.00
DetailsFee
Senior Gold Passbook Savings (62 years and older)
Minimum daily balance to open and earn interest 20.00
DetailsFee
IRA Statement Savings
Minimum daily balance to open and earn interest 20.00

Checking Accounts

All Personal Checking Accounts come with FREE Internet Banking, Bill Pay, & Mobile Banking.

DetailsFee
Absolutely Free Checking
Minimum deposit required to open 25.00

Monthly service fee

None
DetailsFee
50 N' Better Free Interest Checking (50 years and older)
Minimum deposit required to open 25.00

Minimum daily balance to earn interest

None

Monthly service fee

None
DetailsFee
Direct Free Interest Checking (with direct deposit or automatic payment)
Minimum deposit required to open 25.00

Minimum daily balance to earn interest

None

Monthly service fee

None
DetailsFee
Premium Interest Checking
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

DetailsFee
Phoenix Money Market
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.

DetailsFee
Free Business Checking

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
DetailsFee
Commercial Checking

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
DetailsFee
Commercial Checking with Interest

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
DetailsFee
Nonprofit Checking

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

DetailsFee
Dormant Savings Accounts (over 2 years)

Monthly dormancy fee

*No fee if balance more than 500.00

Children's Savings Clubs are exempt

*4.00
DetailsFee
Dormant NOW/Checking Accounts (over 6 months)

Monthly dormancy fee

*No fee if balance more than 1,000.00

*4.00

Schedule of Fees

ItemFee
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/1099 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 
ItemFee for Account HoldersFee for Non-Account Holders
Safe Deposit Boxes (1 year rental, due January 1st)
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

ItemFee
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.

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