Minimum balance to open – The minimum balance required to open this account is $500.00.
Maintenance Fee – A maintenance fee of $10.00 will be charged each statement cycle.
Deposit limitations – You may make an unlimited number of deposits into your account.
Fees and Charges – The following fees and charges apply to this account:
- Excess Debit Fee: An excess debit fee of $0.25 will be charged for each debit transaction (excluding electronic transactions) in excess of 50 during a statement cycle.
- Paid Item Fee: For each overdraft paid $30.00
- Returned Item Fee: $30.00
- ATM Charge (ATM’s we do not own or operate): $1.00
Please contact a Sonora Bank Customer Service Representative for more information.
Rate Information – The interest rate and annual percentage yield may change at any time.
Compounding Frequency – Interest will be compounded daily.
Crediting Frequency – Interest will be credited into this account monthly.
Effect of closing an account – If you close your account before interest is credited; you will not receive the accrued interest.
Daily balance computation method – Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on non-cash deposits – Interest will begin to accrue on the business day you deposit non-cash items (for example: checks) into your account.
Minimum balance to open – The minimum balance required to open this account is $1,000.00.
Minimum balance to avoid Maintenance Fee – A maintenance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.
Fees and Charges – The following fees and charges apply to this account:
- Transaction Fee: A transaction fee of $3.00 will be charged for each debit transaction (excluding electronic transactions) in excess of six during a statement cycle.
Rate Information – The interest rate and annual percentage yield may change at any time.
Compounding Frequency – Interest will be compounded daily.
Crediting Frequency – Interest will be credited into this account quarterly.
Effect of closing an account – If you close your account before interest is credited; you will not receive the accrued interest.
Daily balance computation method – Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on non-cash deposits – Interest will begin to accrue on the business day you deposit non-cash items (for example: checks) into your account.
Minimum balance to open – The minimum balance required to open this account is $25.00.
Minimum balance to avoid Maintenance Fee – A maintenance fee of $1.50 will be imposed every statement cycle if the balance in the account falls below $25.00 any day of the cycle.
Deposit Limitations – You may make an unlimited number of deposits into your account.
Fees and Charges – The following fees and charges apply to this account:
- Transaction Fee: A transaction charge fee of $1.00 will be charged for each debit transaction (excluding electronic transactions) in excess of six during a statement cycle.
- $1000 minimum deposit to open
- Various Terms only for the Certificate of Deposit
- Compounding/Crediting frequencies vary based on account terms
- Certificate of Deposits are auto renewal
- Early withdrawal limitations may apply
- Contact us for interest rate and term information
New Deposit Insurance Limits
Each depositor is insured to at least $250,000.00.
Cash Management:
ACH ability- online service provides the ability to process electronic debits and credits (examples: payroll/drafts/invoices)
Wires- users can submit/initiate wires
Tax Payments- commercial customers can process federal taxes
Monthly Maintenance Fee:
Cash Management $60.00
Remote Deposit Capture:
This feature allows commercial customers to process check deposits from their office.
Monthly Maintenance Fee:
Remote Deposit Capture $45.00
