Mohawk Valley Checking Account Notes

- Adirondack Trust Co

  • Now Account: Per item fee waived with minimum balance. Monthly fee is reduced by $2 with E-Statement.
  • Regular Account: Monthly service fee is $0 with direct deposit. Monthly fee is reduced by $2 with E-Statement.
  • Basic Account: Monthly service fee is $0 with direct deposit. Monthly fee is reduced by $2 with E-Statement.

- Bank of America

  • Advantage Account: NSF Fee (for bounced checks): 1st day: $25.00 each item, 2nd + day during the current month and preceding 12 months: $35.00 each item.
  • My Access Account: Monthly service fee of $5.95 is $0 with direct deposit or qualifying online bill payment. For a limited time only - no fee if opened online. NSF Fee: 1st day: $25.00 each item, 2nd + day during the current month and preceding 12 months: $35.00 each item.
  • Regular Account: If minimum balance is not maintained, the monthly service fee is $10 for account holders using Direct Deposit or $12 without direct deposit. NSF Fee: 1st day: $25.00 each item, 2nd + day during the current month and preceding 12 months: $35.00 each item.
  • Campus Edge Account: No Monthly fee for 5 yrs while a student. NSF Fee: 1st day: $25.00 each item, 2nd + day during the current month and preceding 12 months: $35.00 each item.
  • Preferred Account: The monthly service fee is $16 for account holders using Direct Deposit or $18 without direct depositNSF Fee: 1st day: $25.00 each item, 2nd + day during the current month and preceding 12 months: $35.00 each item.

- First Niagara Bank

  • Preferred Account: Minimum balance to avoid fees is $10,000. This can be met if you have a CD or a mortgage for that amount.
  • Prestige Account: Minimum balance to avoid fees is $50,000. This can be met if you have a CD or a mortgage for that amount.
  • Value Account: Overdraft protection is offered only up to $400
  • E-Checking Account: Overdraft protection is offered only up to $400

- HSBC Bank USA NA

  • Student Account: Designed for Students
  • Premier Checking Account: Account qualifies for Premier MMA Account which pays interest based on balance.

- JP Morgan Chase Bank

  • Premier Checking Account: Extra $2 fee for returning checks. NSF Fee: 1st occurrence = $25; occurrences 2 - 4 = $32; 5 or more occurrences = $35.
  • Better Banking Account: Need $2,500 balance to start earn interest. No fee for money orders, trav checks, etc. NSF Fee: 1st occurrence = $25; occurrences 2 - 4 = $32; 5 or more occurrences = $35.
  • Chase Checking Account: Monthly service fee waived with Direct Deposit or if five or more debit card purchases are posted to your account during each statement period (withdrawals from the ATM or cash advance transactions do not qualify); otherwise $6 per month.. NSF Fee: 1st occurrence = $25; occurrences 2 - 4 = $32; 5 or more occurrences = $35.
  • Basic Checking Account: NSF Fee: 1st occurrence = $25; occurrences 2 - 4 = $32; 5 or more occurrences = $35.
  • Premier Platinum Account: Minimum Balance can be in Checking and Investment accounts only. NSF Fee: 1st occurrence = $25; occurrences 2 - 4 = $32; 5 or more occurrences = $35.
  • College Checking Account: Monthly Service Fee and Online Bill Payment Fee waived for 5 years if parent has qualifying Chase Account; otherwise, fee applies regardless of balance kept. NSF Fee: 1st occurrence = $25; occurrences 2 - 4 = $32; 5 or more occurrences = $35.