Fees
Charges for Products
and Services
Free Checking
No Monthly Fee
Regular
Checking
Monthly fee can be avoided by using Direct Deposit or by maintaining a $500 minimum daily balance or $1,000 average daily balance.
- Fee:
$8 per month
- $0.50 per debit item over 35 per month
Club
Checking
Interest
Checking
Monthly fee can be avoided by maintaining $1,000 minimum daily balance or $2,000 average daily balance.
Heritage
50 Interest Checking
Monthly fee can be avoided by maintaining $1,000 minimum daily balance or $2,000 average daily balance or $5,000 in combined deposits (including CDs).
Preferred Interest
Checking
Monthly fee can be avoided by maintaining $10,000 minimum daily balance or $20,000 average daily balance.
Free Business
Checking
No monthly fee.
- FREE E-Statement with images
- Fee:
$0.25 for each debit item in excess of 150 per month
Business
Checking
Monthly fee can be avoided by maintaining $2,500 minimum daily balance or $5,000 average daily balance or $10,000 in combined deposits.
- Fee:
$15 per month
- Fee:
$0.25 per debit item over 300 per month
Business
Interest Checking
Monthly fee can be avoided by maintaining $2,500 minimum daily balance or $5,000 average daily balance or $10,000 in combined deposits.
- Fee:
$15
- Fee:
$0.25 for each debit item in excess of 300 per month
Business Statement Options – For All Business Checking Accounts
- FREE E-Statements sent to your email account
- FREE Paper Statement without images
- Fee: $6.95 Paper statement with check images
- Fee: $4.95 Statement on CD Rom

Regular
Savings
Quarterly fee can be avoided by maintaining $100 minimum daily balance.
- Fee:
$3 per quarter
- Fee:
$2 for each withdrawal over six per quarter
For additional account restrictions, please speak with an Account Representative.
Piggybank
Savings
- Fee:
$2 for each withdrawal over six per quarter
For additional account restrictions, please speak with an Account Representative.
Business
Savings
Monthly Fee can be avoided by maintaining $500 minimum daily balance.
- Fee:
$12 per quarter
- Fee:
$3 per withdrawal over six per quarter
Money
Market Account
Monthly fee can be avoided by maintaining $2,500 minimum daily balance or $5,000 average daily balance.
- FREE Paper Statement without images
- Fee:
$12 per month
- Fee:
$15 per withdrawal over six per month
Business Money
Market Account
Monthly fee can be avoided by maintaining $2,500 minimum daily balance or $5,000 average daily balance or $10,000 in combined deposits.
- Fee:
$15 per month
- Fee:
$15 per withdrawal over six per month
Certificates
of Deposit
Penalty for early withdrawal equals one months interest on CDs
of 12 months or less, and three months interest on all other CDs.
Individual
Retirement Accounts (IRAs)
Penalty for early withdrawal equals one month’s interest on 12-month IRAs and three month’s interest on all other IRAs. The IRS may impose a penalty for early withdrawals based on your tax status. Consult your tax advisor for tax information.

ATM
Transactions
- Free at Southern Heritage Bank ATMs
- Fee:
$1 for each withdrawal, transfer of funds or balance inquiry when
using non-Southern Heritage Bank ATMs (regardless of account balance).
Money Orders and Cashier Checks
- Fee:
$4; no charge to Club Account members or Heritage 50 Interest Checking account holders.
Travelers Checks
- Fee:
1% of purchase; no charge to Club Account members or Heritage 50 Interest Checking account holders.
Wire Transfers
- Fee:
$15 for outgoing/domestic.
- Fee:
$5 for incoming/domestic.
- Fee: Cost plus $30 international
Non-Sufficient/Overdraft
Bounce Protection
Overdraft Line of Credit
Account
Research
- Fee:
$25 per hour ($25 minimum)
Account
Balancing Assistance
Stop Payment
Garnishments
Returned Deposited Checks (chargebacks)
Special Statement Cutoff
Early Account Closing (within 90 days of opening)
Check Collections
Bond Coupon Redemption
