First national bank fees; First National Bank is a financial institution that provides various services to its customers. Like many banks, they charge fees for some of these services. These fees can add up and affect your financial well-being, so it’s essential to understand what they are and how they work.
In this blog post, we’ll break down the fees charged by First National Bank as of February 3, 2020, in a simple and easy-to-understand manner.
A Guide to First National Bank Fees
Before we dive into the details of the fees, let’s clarify what each fee means:
- Account Balancing Assistance (per hour): If you need help balancing your account, you can get assistance from the bank for a fee of $20.00 per hour.
- Account Research (per hour): If you require in-depth research on your account, it comes with a fee of $20.00 per hour.
- Amortization Schedule: This service, which provides you with a schedule of loan payments, costs $7.99.
- ATM Card, Debit Card or Credit Card Replacement (each): If you lose your ATM card, debit card, or credit card, replacing each card will cost you $10.00.
- Bank Bags – Lock (Business only – Each): For businesses, locking bank bags are available at $24.99 each.
- Bank Bags – Zipper (Each): Regular bank bags with zippers cost $7.99 each.
- Cashier’s Checks (Each): Each cashier’s check comes with a fee of $7.00.
- Check Cashing (non-customer – Each): If you’re not a bank customer but need to cash a check, it will cost you $10.00 per check.
- Check Printing: The cost of check printing depends on the style of checks you order.
- Christmas Club Withdrawal Fee (Each): To access your Christmas Club savings, there’s a fee of $20.00 per withdrawal.
- Copies (Per Page): Getting copies at the bank will set you back $1.00 per page.
- Copies of a check or statement (Per Page): If you need copies of checks or statements, each page costs $1.00.
- Fax – Outgoing (per page): Sending a fax from the bank costs $5.00 per page.
- Fax – Incoming (per page): Receiving a fax at the bank comes with a fee of $1.00 per page.
- Dormant Account: If your account is inactive, there’s a monthly fee of $5.00.
- Garnishments (Each): Dealing with garnishments will cost you $100.00 per occurrence.
- Holds (all items): Having holds on your account incurs a fee of $30.00.
- Levies (Each): Handling levies costs $100.00 each time.
- Money Orders (Each): Each money order you purchase will cost $3.00.
- Non-sufficient Funds (Per Item): When you don’t have enough funds in your account to cover a transaction, you’ll be charged $37.50 per item.
- Notary (Per Document): Getting a document notarized at the bank costs $5.00 per document.
- Overdraft (Per Item): Overdrafts come with a charge of $37.50 per item once your account balance goes below -$25.00.
- Overdraft Protection Transfer-Sweep (Authorization Required): This service is provided at no additional charge, but you need authorization.
- Safety Deposit Box Key Replacement (Each): Replacing a safety deposit box key costs $100.00 each.
- Safety Deposit Box Lock Drilling (Each): If you require a lock to be drilled for any reason, it comes with a fee of $200.00 each time.
- Safety Deposit Box Rent (Per Year): Renting a safety deposit box costs between $35.00 and $100.00 per year.
- Signature Guarantee (Each): A signature guarantee service costs $20.00 per document.
- Paper Statement Fee (Monthly): Opting for paper statements will add $5.00 to your monthly expenses.
- Statement on CD (Per Month): If you prefer your statements on a CD, it will cost you $10.00 per month.
- Stop Payments (Each): Stopping a payment on your account incurs a fee of $37.50 per item.
- Temporary Checks (per page): If you need temporary checks, each page costs $2.00.
- Wire Transfers (customer incoming – Each): Incoming wire transfers for customers are free of charge.
- Wire Transfers (customer outgoing – Each): Sending wire transfers as a customer comes with a fee of $25.00 per transaction.
- Wire Transfers (non-customer – Each): Non-customers sending wire transfers are charged $30.00 per transaction.
- Wire Transfers (outgoing international – Each): Sending international wire transfers comes with a fee of $65.00 per transaction.
SIMPLY FIRST Debit Card Only Account Fees
For those with Simply First Debit Card Only accounts, here are the fees associated with this account type:
- Simply First Paper Statement Fee (Monthly): Opting for paper statements will cost you $2.00 per month.
- Simply First ATM Card, Debit Card Replacement: Replacing your ATM card or debit card is free of charge.
- Simply First ATM Card, Debit Card PIN Replacement: Getting a PIN replacement for your ATM or debit card is also free of charge.
Please note that fees marked with an asterisk (*) are applicable once your account balance falls below -$25.00. These fees can quickly add up, so it’s essential to keep track of your account balance to avoid unexpected charges.
Understanding these fees is crucial for responsible financial management. Remember that fees may change over time, so always check with First National Bank for the most up-to-date information. Being aware of these fees can help you make informed decisions about your banking activities and minimize unnecessary costs.