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FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Online Banking

Routing Number 231374916

FDIC Logo

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

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.

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