Bank Of The Commonwealth - Personal Banking

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Savings

At Bank Of The Commonwealth we have a savings account to fit the way you bank.

	Statement Savings	Money Market
Minimum to Open	$100	$500*
Monthly Membership Fee	none	none
Minimum Balance to Avoid a Service Charge	$300	$1000
Service Charge per Statement	$5.00 if balance < $300	$9.00 if balance < $1000
Check Writing/Withdrawal Limits per Statement Cycle	• 6 free/quarterly • $2.00/each after 6	• 6 preauthorized withdrawals per monthly cycle** • $12.00 /each after 6 (per statement) • Unlimited in-person withdrawals
Interest Paid	Quarterly	Monthly (on balances over $1000)
ATM Use¹	• No charge when used at BOC • $2.00 when used at other ATM's	• No charge when used at BOC • $2.00 when used at other ATM's
Statements	Quarterly	Monthly

¹ Checking account must be primary account-Savings or Money Market can be secondary account

* May vary with specials.

**Note: Federal regulations limit the number of items paid on Savings and Money Market Accounts to:
6 preauthorized automatic, telephonic (including Online Banking) transfers or withdrawals, items made payable to a third party by check, draft, debit card, ATM, POS or similar order per month. A $12.00 charge is assessed for items in excess of the 6 allowed on Money Market Accounts. A $2.00 charge is assessed for items in excess of the 6 allowed on Savings Accounts.