Miscellaneous Fee Schedule

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Miscellaneous Fee Schedule 2017-11-16T13:43:38+00:00

Drake Bank Miscellaneous Fee Schedule

Miscellaneous Services

Account Closing Fee (less than 6 months) $25.00
Dormant Account Fee $5.00/Month
Levy/Garnishment Execution $75.00
Electronic Statements (E-Statements with check images) No Charge
Paper Statement Fee $5.00/Month
 (Free for Golden Checking, Investment Savings, and Minor Savings accounts)
Overdraft Item Fee* $35.00 Per Item
 (Created by check, in person withdrawal, ATM or other electronic means. *A maximum of $140 in overdraft fees may be charged to the account per day)
Return Item Fee $35.00 Per Item
Return Deposit Item Fee $5.00
Stop Payment Order $30.00
Replacement Debt Card $5.00
On Demand PIN Request $15.00
Visa Gift Card $4.00
Account Verification Letter $10.00
Escheatment Fee $30.00
Check Printing Fee Prices Vary
Cashier’s Checks $5.00
 (Free for Golden Checking and Investment Savings accounts)
ATM/Debit international transaction fee 1% of Transaction
ATM/Debit International Currency Conversion 09% of Transaction

Non Customer Fees

Notary (Free for customer) $1.00
Check Cashing Fee Over $100, $5.00 per check
No charge if less than $100

Cash Management Fees

Consumer Online Banking No Charge
Business Cash Management – (ACH/Wire Capability) $25.00/Month
Positive Pay $10.00/Month
Remote Deposit Capture-Commercial $50.00/Month
 (Check scanner prices vary)
Bill Pay – 6 (six) free payments per statement cycle Additional .50/each

Safe Deposit Box

Lost Key $25.00
Drilling Locksmith Fee + $30.00
Late Fee (after 30 days) $10.00

Yearly Box Fees**

(must be deducted from a Drake checking or savings account)
3″ X 5″ Box $20.00
5″ X 5″ Box $30.00
3″ X 10″ Box $40.00
5″ X 10″ Box $60.00
10″ X 10″ Box $100.00
(Golden checking account customers receive a $5.00 discount)

Teller Services

Zipper Deposit Bag $10.00
Lock Deposit Bag $30.00
Foreign Item Deposit $15.00 Per Item
Coin Counting (Non-Customer) 10% of Total

Research Fees

Research and Account Reconciliation $25.00/Hour,  $10.00 Minimum
Copy per Check, Deposit, Withdrawal $1.00

Wire Transfers

Outgoing Domestic $20.00
Incoming Domestic/International $15.00
Outgoing International $50.00

Online Banking

Bank to Bank transfers No Charge
Mobile Banking Deposit-Consumers/Small Business No Charge

Miscellaneous Services

Safe Deposit Box

Account closure within 6 months $25.00 Lost Key $15.00
Dormant Account $25.00 Drilling Locksmith Fee + $30.00
Levy/Garnishment Fee $75.00 Late Fee (after 30 days) $10.00
Multiple Statement Mailings $5.00
E-Statement No Charge

Yearly Box Fees**

NSF Paid Item* Charge $30.00 per item (deducted checking or savings)
NSF Return Item* Charge $30.00 per item 3″ X 5″ Box $20.00
Return Deposit Item $4.00 5″ X 5″ Box $30.00
Stop Payment Charge $25.00 3″ X 10″ Box $40.00
IRA Transfer Fee $15.00 5″ X 10″ Box $60.00
IRA Closing Fee $50.00 10″ X 10″ Box $100.00
ATM Replacement Card $5.00
On Demand PIN Request $15.00

Merchant Deposit Bags

Canadian USD Check Collection $3.00/Item Zipper Bag $10.00
Visa Gift Card $3.00 Total Lock Bag $30.00

Non Customer Fees

Research Fees

Notary $1.00 Research and Account $25.00 / Hour
Coin Counting 10% of Total Reconciliation $10.00 Minimum
Check Conversion Fee*** $4.00 Copy per statement $5.00
Copy per Check or Deposit item $1.00

Cash Management Fees

Print Out of Account Activity $1.00
Consumer Online Banking No Charge
Business Cash Management $19.95/Month

Wire Transfers

Remote Deposit System & Setup $275.00 Outgoing Wire $20.00
Remote Deposit Fee – One location $50.00/Month Incoming Wire $10.00
… more than one location $75.00/Month International Wire $50.00
Bill Pay – 6 free per statement cycle $0.40 additional
Drake Bank Miscellaneous Fee Schedule
Miscellaneous Services Safe Deposit Box
Account closure within 6 months $25.00 Lost Key $15.00
Dormant Account $25.00 Drilling Locksmith Fee + $30.00
Levy/Garnishment Fee $75.00 Late Fee (after 30 days) $10.00
Multiple Statement Mailings $5.00
E-Statement No Charge Yearly Box Fees**
NSF Paid Item* Charge $30.00 per item (deducted checking or savings)
NSF Return Item* Charge $30.00 per item 3″ X 5″ Box $20.00
Return Deposit Item $4.00 5″ X 5″ Box $30.00
Stop Payment Charge $25.00 3″ X 10″ Box $40.00
IRA Transfer Fee $15.00 5″ X 10″ Box $60.00
IRA Closing Fee $50.00 10″ X 10″ Box $100.00
ATM Replacement Card $5.00
On Demand PIN Request $15.00 Merchant Deposit Bags
Canadian USD Check Collection $3.00/Item Zipper Bag $10.00
Visa Gift Card $3.00 Total Lock Bag $30.00
Non Customer Fees Research Fees
Notary $1.00 Research and Account $25.00 / Hour
Coin Counting 10% of Total       Reconciliation $10.00 Minimum
Check Conversion Fee*** $4.00 Copy per statement $5.00
Copy per Check or Deposit item $1.00
Cash Management Fees Print Out of Account Activity $1.00
Consumer Online Banking No Charge
Business Cash Management $19.95/Month Wire Transfers
Remote Deposit System & Setup $275.00 Outgoing Wire $20.00
Remote Deposit Fee – One location $50.00/Month Incoming Wire $10.00
… more than one location $75.00/Month International Wire $50.00
Bill Pay – 6 free per statement cycle $0.40 additional