Deposit Services

 

Opening Deposit Amount - Minimum deposit to open account

  • Traditional Checking - $100.00
  • 55 Plus Checking - $50.00
  • Student Account Checking - $50.00
  • The Club Plus Checking - $100.00
  • Interest Checking - $500.00
  • The Club Interest Checking - $500.00
  • Money Market Checking - $1,000.00
  • The Club Money Market Checking - $1,000.00
  • Commercial Checking - $100.00
  • Traditional Savings - $100.00

 

Minimum Balance - Minimum daily balance required for each account

  • Traditional Checking - $500.00 average daily ledger balance
  • 55 Plus Checking - None
  • Student Account Checking - None
  • The Club Plus Checking - None
  • Interest Checking - $500.00
  • The Club Interest Checking - $500.00
  • Money Market Checking - $1,000.00
  • The Club Money Market Checking - $1,000.00
  • Traditional Savings - $100.00

 

   Checks - Provided to customer at no charge

 

  • The Club Plus Checking - Wallets
  • The Club Interest Checking - Wallets
  • The Club Money Market Checking – Wallets

 

Monthly Maintenance Fees - Monthly fees charged to accounts

  • Traditional Checking - $3.00 + $0.10 per debit item if the daily balance falls below the minimum balance
  • 55 Plus Checking - None
  • Student Account Checking - None
  • The Club Plus Checking - $6.00
  • Interest Checking - $5.00 + $0.10 per debit item if the daily balance falls below the minimum balance
  • The Club Interest Checking - $7.50
  • Money Market Checking - $5.00 + $0.10 per debit item if the daily balance falls below the minimum balance plus $7.50 per transaction over the maximum
  • The Club Money Market Checking - $7.50 plus $7.50 per transaction over the maximum
  • Traditional Savings - $2.50 per quarter in the average quarterly ledger balance falls below the minimum balance plus $1.00 per transaction over the maximum

 

ATM/Debit Cards

  • FREE  /  $0.00 Initial Card Issuance
  • FREE  /  $0.00 Monthly Fee
  • Issued upon approval
  • No additional charge from Bank of Cordell when used for purchases

 

NSF Transfer Protection

  • No cost for this feature
  • This feature allows the customer to automatically transfer money from one account to another to cover NSF checks. The amount needed to cover the NSF check will be transferred.  The customer will not be charged an NSF fee, as long as funds are available to cover the NSF check. There is no charge for this feature. Please contact us to get this feature set up.

 

Other Services:

  • Account Printout
    • $1.00 per account
  • Account Research
    • $20.00 per hour plus $.25 per paper copy plus $1.00 microfilm copy ($15.00 minimum)
  • Cashiers Checks
    • Bank Club - No Charge
    • Non-Bank Club - $3.00 per check (Cash only purchase)
  • Chargebacks
    • $1.00 per item
  • Collection Items
    • Incoming - No Charge
    • Outgoing - $10.00
    • Foreign - $15.00
  • Debit Card Replacement
    • $5.00 per card
  • Deposit Bags
    • Zipper Bags - $5.00
    • Locked Bags - $25.00 per bag
  • Faxes
    • Incoming - $0.25 per page
    • Outgoing - $1.00 1st page, $0.50 additional pages
  • Garnishment
    • $25.00 per account
  • Insufficient Funds
    • Paid or Returned - $20.00 per item
  • Letter of Credit
    • 1% of total ($25.00 Minimum)
  • Money Orders - $1000.00 limit
    • Bank Club - No Charge
    • Non-Bank Club - $2.00 per check (Cash only purchase)
  • Mortgage Verification of Deposit
    • $10.00 per Verification
  • Notary Services (must have a photo id)
    • Bank Club - No Charge
    • Non Bank Club - $2.00
  • Photocopy
    • $0.25 per copy
  • Special Statement
    • $5.00
  • Stop Payment
    • $20.00 per Check
  • Telephone Transfer
    • No Charge
  • Wire Transfers
    • $10.00 charge for all wires within the United States
    • $35.00 charge for all international wires
    • Incoming Customer Wire – No Charge
    • Incoming Non-Customer Wire - $10.00

Member

FDIC

Bank of Cordell, 808 North Glenn English. PO Box 440 Cordell, OK 73632 . Phone 580.832.5600 . Fax 580.832.5605