Personal Checking Account

Minimum balance to open the account
You must deposit $200.00 to open this account.

Minimum balance to avoid imposition of fees
A service charge fee of $8.00 will be imposed every statement cycle if the balance in the account falls below $500.00 any day of the cycle.

Benchmark NOW Account

Rate Information
Your interest rate and annual percentage yield may change.

Frequency of rate changes
We may change the interest rate on your account at any time.

Determination of rate
At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency
Interest will be compounded every month. Interest will be credited to your account every month.

Minimum balance to open the account
You must deposit $1,000.00 to open this account.

Minimum balance to avoid imposition of fees
A service charge fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed
You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on non-cash deposits
Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).

Benchmark Commercial Account

Rate Information
Your interest rate and annual percentage yield may change.

Frequency of rate changes
We may change the interest rate on your account at any time.

Determination of rate
At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency
Interest will be compounded every month. Interest will be credited to your account every month.

Minimum balance to open the account
You must deposit $2,500.00 to open this account.

Minimum balance to avoid imposition of fees
A service charge fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed
You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on non-cash deposits
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction limitations
Transfers from a Benchmark account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, draft, debit card, or similar order to third parties are limited to six per statement cycle.

Fees
An excess activity fee of $15.00 will be charged for each debit transaction in excess of six during a statement cycle.

Personal Savings Account

Rate Information
Your interest rate and annual percentage yield may change.

Frequency of rate changes
We may change the interest rate on your account at any time.

Determination of rate
At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency
Interest will be compounded every day. Interest will be credited to your account every quarter.

Minimum balance to open the account
You must deposit $100.00 to open this account.

Minimum balance to avoid imposition of fees
A service charge fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed
You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on non-cash deposits
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction limitations
Transfers from a Personal Savings account are limited to six per statement cycle.

Fees
An excess activity fee of $5.00 will be charged for each withdrawal in excess of six during a statement cycle.

HSA Account

Rate Information
Your interest rate and annual percentage yield may change.

Frequency of rate changes
We may change the interest rate on your account at any time.

Determination of rate
At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency
Interest will be compounded every month. Interest will be credited to your account every month.

Minimum balance to open the account
There will not be a minimum balance required to open the account.

Minimum balance to avoid imposition of fees
A service charge of $5.00 will be imposed every statement cycle if the balance in the account falls below $3,000.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed
You must maintain a minimum balance of $3,000.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on non-cash deposits
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Fees
An administrative fee of $25.00 will be charged one time. This fee will apply upon opening the account.

Common Features

The following fees may be assessed against your account and the following transaction limitations, if any, apply to your account.

Replace lost Visa® Check Card
$5.00

ATM cash withdrawal:

  • At ATMs we do not own or operate:
    $2.00
  • Dollar limit:
    $500.00 per 24 hours

Balance inquiry at ATMs for Checking and Savings account(s)

  • At ATMs we do not own or operate
    $1.50

Check printing
(fee depends on style and quantity of check ordered)

Cashiers checks

  • Customers:
    $3.00

Point-of-Sale purchases from Checking account(s)

  • $0.00 per transaction
  • Dollar limit:
    $2,000.00 per day (includes ATM transactions)

Overdraft
Each overdraft paid - $30.00
The categories of transactions for which an overdraft fee may be imposed are those by any of the following means: check, in-person withdrawal, ATM withdrawal, or other electronic means.

Online Banking
Complimentary

Online Bill Payment
Complimentary

  • Expedited Overnight Bill Pay Check service:
    $14.95
  • Rush Delivery ACH:
    $9.99

Collections

  • Incoming:
    $10.00
  • Outgoing:
    $10.00

Collections foreign
$100.00

Draft
$40.00

Benchmark Bank Standard Instant Issued Debit Cards

  • First Issued debit card:
    Complimentary
  • Additional debit cards:
    $5.00 each

Return check charge
$30.00 each

Return item fee
$30.00 each

Same Day ACH Return
An excess return activity fee of $5.00 will be charged for each return ACH transaction in excess of three during a statement cycle

Special statement cutoff
$5.00

Balance inquiry by telephone
$1.00 per inquiry

Account research
$20.00 per hour plus $2.00 per copy

Interim statement
$5.00 (1 free per month)

All telephone transfer
$2.00

Stop payments
$20.00 each

Photocopies
$.25

Visa® Gift Card
$5.00 each

Visa® Gift Card
$2.50 monthly service fee
This fee is charged after 12 months of continuous inactivity.

Zipper bags

$5.00 each

Lock bags
$25.00 each

Deposit item return
$5.00

Account activity printout
$2.00

Statement snapshot
$2.00

Account balancing assistance
$40.00 per hour

Wire transfers

  • Outgoing (Customer)
    • Domestic: $15.00 for any request under $1,000
    • Foreign: $50.00
      We will only process foreign wires in the amount of $1,000.00 or more
  • Incoming (Customer)
    • Complimentary
  • Return Wires Fee
    $45.00

We may require not less than 7 days’ notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.

Commercial Checking

This account is not a consumer account to which Truth in Savings applies.

Commercial checking accounts are reviewed each month on an analysis basis and will be assessed a monthly charge only if the charges for services rendered exceed the earnings credit which is computed on the average balances maintained for the month.

Amount to open
$500.00

Service charge
$10.00 per month

Checks paid
$.15 each

Deposits
$.15 each

Items deposited
$.08 each

Rolled coin
$.08 each

Strapped currency
$.40 each

Chargebacks
$5.00 each

Internet banking bill payment
$.25 each

Additional Services

Remote deposit service charge
$50.00 per month

Positive Pay
$18.00 per month