Schedule of Fees

Service charges and account related fees are current as of  April 1, 2014 and are subject to change.

 

Account and Minimum Balance Requirement Information

Type of Account Fees/Service Charges
Free for Life Checking There are no monthly service charges for this account.
Advantage for Life Package $20 monthly fee waived with a combined minimum daily balance of $10,000 in your Advantage for Life accounts.
NOW Checking $6.00 monthly service charge plus 25¢ for each check processed during the statement period – waived with a minimum balance of $1,000 in your account during the statement period, or if the balance in your checking, savings, investment, and retirement accounts totals $3,000 or more. All network ATM transactions are $1.25 each.
Ideal 50 Checking Account There are no monthly service charges for this account. Must maintain minimum daily balance of $1,500 to earn interest.
Statement Savings Accounts $3.00 monthly service charge waived with minimum balance of $200 in your account, or if the balance in your checking, savings, investment, and retirement accounts totals $1,500 or more.
Money Market Account $5.00 monthly service charge waived with a minimum balance of $2,500 in your account, or if the balance in your checking, savings, investment, and retirement accounts totals $5,000 or more.

 Account Related Fees

Service Fees/Related Charges
Checks drawn on insufficient/uncollected funds:
Returned $25.00
Paid to an automatic overdraft limit $30.00
Overdraft fees caused by insufficient funds will be waived for check and ACH transactions that overdraw the account by less than $10.
Deposited item returned $5.00
Deposit overdraft transfer $5.00
ACH/check stop payment $25.00
Paid check or statement photocopy (per check or page) $5.00
Instant statement $5.00
Research/reconciliation (per hour, $25 minimum) $25.00
Early closeout of savings, club and money market accounts (within 90 days) $10.00
Money order stop payment $25.00
Lien/levy processing $30.00
ATM/Debit Card replacement $10.00
ATM transactions at network locations $1.25*
Sustained overdraft fee. Applied daily after the 5th calendar day of overdraft status $3.00/day

Free Services

Service Fees/Related Charges
United Bank Visa® Debit Card Free
PersonalBank Free
Automatic Direct Deposit Free
Automated Funds Transfer Free
Bank by Mail Free
Notary Public Free
Medallion Signature Guarantee Free

Other Services

Service Fees/Related Charges
Travelers Checks (percent of sale) 1.50%
Canadian check $10.00
Foreign Currency Exchange $10.00
Money order $5.00
Bank/official check $5.00
Certified check $10.00
Foreign wire transfers:
– incoming $15.00
– outgoing $35.00
Wire transfers:
– incoming $10.00
– outgoing $20.00
Massachusetts Safe Deposit Rental
Annual Fee
Box Size:
3 x 5 x 21 $40.00
5 x 5 x 21 $50.00
3 x 10 x 21 $60.00
5 x 10 x 21 $85.00
10 x 10 x 21 $140.00
Rental Late Fee:
After 30 days $5.00
After 60 days $5.00
After 90 days $5.00
Connecticut Safe Deposit Rental
Annual Fee
Box Size:
2 x 5 x 21 $35.00
3 x 5 x 21 $40.00
4 x 5 x 21 $45.00
2 x 12 x 21 $45.00
5 x 5 x 21 $50.00
2 x 10 x 21 $55.00
3 x 10 x 21 $60.00
5 x 6 x 21 $60.00
5 x 10 x 21 $85.00
5 x 12 x 21 $125.00
10 x 10 x 21 $140.00
Rental Late Fee:
After 30 days $5.00
After 60 days $5.00
After 90 days $5.00

Reduced charges may apply for account holders 18 years of age or younger or 65 years of age or over. Please notify the Bank if you are one of these age groups.

*Free for Life Checking, Ideal 50 Checking, and Advantage for Life Checking customers will not be charged a fee by United Bank for transactions made with their United ATM card. Other banks may charge a fee when non-customers use their ATMs.

Information About Overdrafts

To assist you in handling your account with us, we are providing you with the following information regarding how we process the items that you write. When processing items drawn on your account, our policy is to pay them according to the dollar amount. We pay the smallest items first. The order in which items are paid is important if there is not enough money in your account to pay all of the items that are presented. Our payment policy minimizes the number of items that may result in an overdraft or NSF fee. If an item is presented without sufficient funds in your account to pay it, we may, at our discretion, pay the item (creating an overdraft) or return the item (NSF). The amounts of the overdraft and NSF fees are disclosed above. The current maximum overdraft amount is $500; we may, however, at our discretion, pay a greater or lesser amount.

Please tell us if you do not wish us to pay items that create overdrafts. If you decide you do not want overdrafts paid, all items that would otherwise create overdrafts will be returned. We encourage you to make careful records and practice good account management. This will help you to avoid writing checks or drafts without sufficient funds and incurring the resulting fees.