Schedule of Fees

M&F Bank
Schedule of Fees


Account Closing Fee (if closed within 90 days of opening) $10.00
Account Confirmations $20.00
Account Research (non bank error)
   Per hour fee or any part thereof $35.00
   Per check/statement copy $5.00
ATM/Debit Card Replacement $7.50
ATM access – M&F Bank ATMs
   Accessing your account at a M&F Bank ATM No fee
ATM access – Non-M&F Bank ATMs
   Balance inquiry fee $2.00 per inquiry
   Transfer fee $2.00 per transfer
   Transaction – U.S. $3.00 each
   Transaction – International $5.00 each
Cashier’s Check – Customer $10.00
Cashier’s Check – Non Customer $15.00
Check Cashing (non customer) $10.00
Check Printing Varies by style
Collection Items $15.00
Counter Checks $2.00
Coins counted (non deposited) – First $50.00 $5.00
Coins counted (non deposited) – Excess of $50.00 1% of excess amount
Coin deposits in excess of $50.00 Greater of $5.00 or 1% of excess amount
Currency Orders $1.00 (per strap)
Coin Order $0.15 (per roll)
Deposit Correction – Per deposit without special handling $5.00
Deposit Correction – Per deposit with special handling $10.00
Dormant Account Fee $5.00 per month on balances below $1,000
Garnishments or Levies $50.00
Excessive Withdrawal (W/D) Fee – Savings $2.00 per withdrawal in excess of 3 per month
Excessive Withdrawal (W/D) Fee – Money Market $5.00 per withdrawal in excess of 3 per month
Excessive Withdrawal (W/D) Fee – Commercial Savings $5.00 per withdrawal in excess of 3 per month
Excessive Withdrawal (W/D) Fee – Commercial Money Market $15.00 per withdrawal in excess of 3 per month
Night Depository
   Monthly access charge $5.00
   Small canvas night deposit bag $25.00
   Large canvas night deposit bag $30.00
   Disposal night deposit bag $30.00
Non-Sufficient Funds Fees – Non sufficient funds may be created by check,
in person, withdrawal, ATM or other electronic means
 NSF Fee $35.00 (per item)
 Returned Item Fee $35.00 (per item)
 Overdraft Fee $35.00 (per item)
 Paid Item Fee $35.00 (per item)
Pop Money Transfer Fee $ 2.00
Notary – Customer No charge
Notary – Non Customer $5.00
Returned Deposited Item Fee $5.00
Returned Items – Redeposits $15.00 (per item)
Returned Items – Special Instructions $30.00 (per item)
Safe Deposit Box – Annual Rental Fee Based on box size
Safe Deposit Box – Key Replacement $20.00 + cost
Safe Deposit Box – Drilling $25.00 + cost
Safe Deposit Box – Late Charge $10.00
Special/Interim/Duplicate Statements $7.00
Statement Reconciliation (per hour or any part thereof) $35.00
Stop Payment – all items (for a period of 6 months)
  With check number and amount $30.00
  Without check number $35.00
Wire Transfer (incoming or outgoing) – Domestic $30.00
Wire Transfer (incoming or outgoing) – International $65.00
Wire Transfer Recall or Amendment $25.00
Commercial Account Fees:
CD ROM Image Product
   One time software Product $150.00
   Monthly product charge $30.00
   CD disk (per disk/one account) $15.00
   Additional accounts $10.00
Imaged items (front and back) $0.06
   Commercial Economy Checking $15.00
   Commercial Checking $25.00
   Commercial NOW Checking $25.00
Remote Deposit Capture
   Monthly Service $50.00
   Deposit Capture Machine $325.00
Positive Pay Monthly Service
   Processing – Includes account reconciliation,
transmission issue files (up to 20 files), data transmission export files
   Data transmission (in excess of 20 files) $10.00
Commercial Analysis Fee Schedule: Commercial Analysis Fee Schedule:
Per Item Charges
   > per deposit $0.40
   > per deposit item $0.09 on-us/local/transit
> Checks/POS $.17
   > Cash Verified $2.50 per $1,000
   > Earnings credit rate Average 91 day T-Bill
   > ACH Debit $.17
   > ACH Credit $.12
FDIC Assessment $.04 (per $100)
Required regal reserve 10%
ACH files
   Fee per ACH file $15.00
   Fee per credit item in file .17
   Fee per debit item in file .07


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