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There's a Difference

Standard Rates and Charges

Fees Common to All Checking, Now, MMDA and Savings Accounts

Description Fee
Account Research (per hour)$25.00
ACH Origination 
Monthly$20.00
Per Item$0.20
ATM Access Card (per year)$12.00
Business Currency and Coin (per month)$25.00
Canadian Item Deposit$23.00
Check Cashing (on accounts with an Average Balance Below $250.00)
For First $100$5.00
Every Additional $100$1.00
Check Image (customer-requested copy of processed item)$4.00
Closed Account (if closed prior to 90 days)$25.00
Dormant Account (no activity in past 12 months) (per month) $2.50
Duplicate Statement (per month)$5.00
Excessive Withdrawal (Six or more withdrawals on non-transaction accounts) (per withdrawal)$5.00
Exchange Check (drawn on Morgan Federal Bank) $10.00
Fee for Special Account Statement Request$5.00
Foreign ATM (per withdrawal at any ATM not located at MFB)$1.00
Garnishment / Levy$50.00
Non Sufficient Funds (per item)$25.00
Online Banking Bill Pay (per item)$0.75
Remote Deposit Capture Fee (per month)$60.00
Replacement Card (ATM card / Visa debit card - no charge for damaged cards)$12.00
Returned Item (items deposited to an account returned for non-payment)$5.00
Safe Deposit Box (per year) 
3" × 5"$15.00
3" × 10"$25.00
5" × 10"$50.00
10" × 10"$75.00
Change of Lock$75.00
Drilling of Box$150.00
Stop Payment (per item)$25.00
Visa Debit Card (per year)$12.00
Wire Transfer (for MFB customers only) 
Incoming$0.00
Outgoing (domestic)$20.00
Outgoing (international)$30.00
Wire Transfer (for non-customers with officer approval) (incoming only)$30.00

The penalty for early withdrawal from any time deposit will be an amount equal to the greater of: (1) the current Institution rate minus the certificate rate times the remaining number of days to maturity times the amount withdrawn, or (2) a number of days interest on the amount withdrawn, as applicable (all interest earned on accounts with an original maturity of 91 days or less; 90 days interest on accounts with an original maturity from 92 days through one year; or 182 days interest on accounts with an original maturity of more than one year).