Service Fees
Account Maintenance Fees
| Free Regular Checking | |
| No minimum daily balance required | No Charge |
| Interest Checking* | |
| Minimum daily balance of $500 or more | No Charge |
| Under $500 during statement cycle | $10.00 |
| 50+ Interest Checking** | |
| No minimum daily balance required | No Charge |
| 50+ Regular Checking** | |
| No minimum daily balance required | No Charge |
| NJ Consumer Checking | |
| Minimum daily balance required | $1.00 |
| Account maintenance, per month | $3.00 |
| Per check charge | |
| • first 8 | No Charge |
| • thereafter | $0.50 |
| Provider Money Market Account** | |
| Pre-authorized transfers over the allowable limit††, each | $5.00 |
| Statement Savings Account** | |
| Over Activity Limit Charge, per item | $5.00 |
| Tiered Savings Account | |
| No minimum daily balance required | No Charge |
| Over Activity Limit Charge, per item | $5.00 |
| Club Accounts - Vacation and Christmas | |
| Early Withdrawal Fee, funds withdrawn prior to maturity | $5.00 |
Other Checking & Savings Account Fees
| Checking printing fees vary by the style of checks ordered |
| Overdraft/NSF Charge, per item subject to the following limitations: | $34.00 |
| Overdraft/NSF Charge, per item if the amount of the individual item is $35.00 or less | $15.00 |
| Overdraft/NSF Charge if the total amount of your overdrawn balance is $10.00 or less | $0.00 |
| Maximum amount of Overdraft/NSF Charges that may be assessed per day | $102.00 |
| Charge to Return Check for NSF, per item | $34.00 |
| Uncollected Funds, per item returned | $30.00 |
| Stop Payment Charge, per item | $25.00 |
| Deposited Items Returned fee, per item | $12.00 |
| Copy of Check Paid Fee, per check | $5.00 |
| Photocopy of Monthly Statement fee, per statement | $5.00 |
| Interim Statement fee | $5.00 |
| Statement Reconciliation Assistance, per hour | $25.00 |
| (One hour minimum, plus photocopy fees) | |
| Research Fee, per hour | $25.00 |
| (One hour minimum, plus photocopy fees) | |
| Collection Fee (for incoming collection of a Somerset Savings Bank Account) | $25.00 |
| Lost Passbook Fee | $5.00 |
| Copy of a 1099 Form Fee, per form | $6.00 |
| Copy of IRS Tax Form Fee, per form | $6.00 |
| Inactive Account Charge, per month†† | $6.00 |
| Charge for Legal Process | $60.00 |
| (plus photocopy fee where available) | |
| IRA Transfer Fee | $25.00 |
| Collection of Foreign Items | $8.00 |
| (plus insurance and correspondent fees) | |
| Outgoing Wire Transfer Fee, per domestic wire | $25.00 |
| Lost Safe Deposit Key Fee, 1 key | $5.00 |
| Lost Safe Deposit Key Fee, 2 keys | $80.00 |
| (Requires drilling) | |
| Lost ATM Card Fee | $5.00 |
| Lost Debit Card Fee | $5.00 |
| Money Order Fee, per money order | $4.00 |
| Copy of Paid Money Order, per item | $5.00 |
| Money Order Stop Payment, each | $25.00 |
| Bank Check Fee, per check† | $6.00 |
| Copy of Paid Bank Check, per item | $5.00 |
| Bank Check Stop Payment, each | $25.00 |
| Foreign Wire Transfer Fee | By Quote |
* See Maximum Banking maintenance fees if account is designated as the primary account for a Maximum Banking Relationship
** Maintenance fees and minimum daily balances are not applicable if account is linked to Maximum Banking relationship.
† Fee waived for Maximum Banking members.
†† See Account Disclosure for specifics.
