Standard Consumer Fees
Account Balancing Assistance $25.00 per hour
Account Closed Within 90 Days of Opening Fee $10.00
Account Inactivity Fee $5.00^C
Account Research Fee $25.00 per hour
ATM / Debit Card Replacement Fee – Standard Delivery $10.00 ($50 expedited)
Coin Counting – Machine Fee – customers 5% (after first $50.00)
Coin Counting – Machine Fee – non-customers 12% all amounts
Deposit Account Verification Fee (for credit applications at other institutions) $15.00
Escheatment Fee $100.00
Garnishments / Executions / Levy Processing Fee $125.00
International Card Transaction Fee Up to 1.1%, minimum fee of .01B
IRA Annual Fee $15.00
IRA Closeout / Transfer Fee $25.00
ATM Inquiry Service Charge $3.00 *A
ATM Transfer Service Charge $3.00 *A
ATM Withdrawal Service Charge $3.00 *A
Overdraft / Returned Item Fee $35.00 per item**
Overdraft Sweep Fee $7.50 per day *
Returned Mail / Incorrect Address Fee Up to, but not more than $10.00
Statement Copies $3.00 per copy
Stop Payment Fee (Includes Home Equity Line of Credit Checks) $35.00B
Wire Transfer Fees
Domestic Outgoing $30.00 *C
Domestic Incoming $10.00C
Foreign Incoming $15.00C
Foreign Outgoing $50.00C
Check Disbursement Services
Check Printing Costs Varies
Check Copies $4.00 per copy
Money Order Fee $4.00 *
Money Order Replacement Fee $35.00
Non-Customer (On-Us) Check Cashing Fee $5.00 per check
Treasurers’ Check Fee $10.00 *
Treasurers’ Check Replacement Fee $35.00
Foreign Fees
Foreign Currency Purchase Fee (customers only) $7.50
Small Order Additional Fee (under $300.00) $10.00
Overnight Shipping Additional Fee (over $2,000.00) $10.00
Foreign Check Processing Fee (Collection Letter) $35.00 per item
Foreign Check Processing Fee (Cash Letter) $5.00 per item
Foreign Check Collection Returned Items $20.00
Foreign Draft Fee $5.00 per item
Foreign Draft Delivery Fee (branch) $10.00
Foreign Draft Delivery Fee (client location) $15.00
Foreign Draft Stop Payment Funds returned at current rate
Safe Deposit Fees
2” x 5” Rental Fee $65.00 per year
3” x 5” Rental Fee $70.00 per year
5” x 5” Rental Fee $95.00 per year
3” x 10” Rental Fee $100.00 per year
5” x 10” Rental Fee $135.00 per year
10” x 10” Rental Fee $235.00 per year
Safe Deposit Drilling Fee $150.00
Safe Deposit Lost Key Fee $25.00
Safe Deposit Box Rental Late Fee (after 30 days) $10.00
*Fee waived for Prestige and Executive Elite Checking accounts
**Overdraft/Returned Item applies to transactions created by check, in-person withdrawal, ATM withdrawal, or other electronic means. ($5.00 for 18/65 customers). A fee for ATM or one-time POS transactions are charged only if the customer has opted in. The amounts of any overdraft, including fees, are due and payable immediately or on demand. We will retain full discretion to decline to pay any overdraft for any reason. Even if we decide to pay an overdraft item, absent to an agreement to the contrary, such payment does not create a duty to pay future overdrafts.
In the event that there are not enough funds in the sweep account to cover the overdraft, we will sweep all available funds to the overdrafted account. In the event that this happens, your account will be charged both the Overdraft Sweep Fee and the Overdraft/ Returned Item Fee.
AATM Transfer Service Charge, ATM Withdrawal Service Charge and ATM Inquiry Service Charge will be calculated for the entire month, and will be charged as one fee at the end of the month. The ATM Transfer Service Charge, ATM Withdrawal Service Charge and ATM Inquiry Service Charge will be incurred even with the use of a SUM network ATM.
BFee waived for Executive Elite Checking accounts
CFee waived for Max Savings accounts
^Inactivity Fee – Assessed per month after twelve (12) consecutive months with balance less than $10,000.00 and no customer initiated transaction activity in checking, savings or money market accounts.
Basic Checking Your Basic Checking account has unlimited check writing privileges. A Minimum Daily Balance Requirement of $500.00 is required to avoid a $5.00 Monthly Maintenance Fee. Monthly statement – via eStatement (with check images and online banking is required for viewing); or mailed printed statement (without check images).
Prestige Checking Your Prestige checking account has unlimited check writing as well as other account features. A Combined Deposit Relationship Daily Balance of $20,000 is required to avoid a $20.00 Monthly Maintenance Fee. Combined deposits include all personal and business checking, savings, money markets Certificates of Deposit and IRA accounts. Inclusion of business account balances is restricted to owners of the business entity.
Additional account features:
- No ATM Transfer Service Charges, ATM Withdrawal Service Charges or ATM Inquiry Service Charges at machines that we do not own or operate
- Up to $15.00 refunded monthly on ATM Surcharge Fees imposed by Non-BankProv ATM owners
- No Fee for Money Orders and Treasurer’s Checks
- No Fee for Check Reorders
- Monthly statement- via eStatement (with check images and online banking is required for viewing); or mailed printed statement (with check images)
Executive Elite Checking Your Executive Elite Client checking account has unlimited check writing as well as other account features. A Combined Deposit Relationship Daily Balance of $250,000 is required to avoid a $50.00 Monthly Maintenance Fee. Combined deposits include all personal and business checking, savings, money markets Certificates of Deposit and IRA accounts. Inclusion of business account balances is restricted to owners of the business entity.
Additional account features:
- No ATM Transfer Service Charges, ATM Withdrawal Service Charges or ATM Inquiry Service Charges at machines that we do not own or operate
- Monthly refund on all ATM Surcharge Fees imposed by Non-BankProv ATM owners
- No Fee for Money Orders and Treasurer’s Checks
- No Fee for Check Reorders
- Monthly statement – via eStatement (with check images and online banking is required for viewing); or mailed printed statement (with check images)
- International Debit Card with no International Card Transaction Fees
- No Stop Payment Fees
18/65 Accounts: Massachusetts law prohibits banks from imposing any fee, charge or other assessment against the non-business savings or checking account of any person 65 years or older, or 18 years or younger. All persons on the account must meet the age requirements, with the exception of the spouse or cosigner of the primary owner who meets the requirements.
- A reasonable charge, as determined by the Commissioner of Banks, may be assessed against such accounts when payment of a check drawn on said account has been refused because of insufficient funds shall not exceed $5.00 per check.
- If you are 65 or older, or 18 or younger you will automatically qualify for this exemption for Basic Checking and Statement Savings accounts.
Checking Accounts Including Basic, Prestige and Executive Elite
- Types of Point-of-Sale Transactions: You may access your checking account(s) to purchase goods (in person), pay for services (in person), and get cash from a merchant, or participating financial institution if the merchant permits.
Statement Savings A Minimum Daily Balance Requirement of $250.00 is required to avoid the $5.00 Monthly Maintenance Fee.
Max Savings No minimum balance to open this account and no monthly maintenance fee. This account is only available with an active Max My Interest™ subscription at maxmyinterest.com.
Money Market A Minimum Daily Balance Requirement of $1,500 is required to avoid the $10.00 Monthly Maintenance Fee.
Private Client Money Market & Prestige Money Market A Minimum Daily Balance Requirement of $250,000 is required to avoid the $25.00 Monthly Maintenance Fee.
Money Market IRA A Minimum Daily Balance Requirement of $1,500 is required to avoid the $10.00 Monthly Maintenance Fee. Funds in Money Market IRA’s are subject to all the IRA rules and regulations. The only withdrawals permitted from this account are distributions and require the assistance of a BankProv Personal Banker and an IRA Distribution Form. Due to the nature of this IRA account, interest will be paid if the account is closed before interest has been credited. No checks will be issued with this account, nor any automatic transfers be allowed.
All Accounts Telephone Transfers: A telephone transfer of funds from checking, statement savings and money market accounts to another account with us, if otherwise arranged for or permitted, may be made by the same person and under the same conditions generally applicable to withdrawals made in writing.
Premature Certificate of Deposit Withdrawal Penalty – (a penalty may be imposed for withdrawals before maturity)
| If your account has an original maturity date of: | The fee assessed will equal: |
|---|---|
| 3 to 12 months | 91 days of interest on the amount subject to penalty |
| 13 to 36 months | 180 days of interest on the amount subject to penalty |
| 37 to 48 months | 365 days of interest on the amount subject to penalty |
| 49 months or more | 540 days of interest on the amount subject to penalty |
In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan.