Fees

Charges for Products and Services


Checking Accounts

Free Checking
No Monthly Fee

Regular Checking
Monthly fee can be avoided with $500 minimum daily balance, or $1,000 average daily balance or Direct Deposit.

  • Fee: $8 per month
  • $0.50 per debit item over 35 per month

Club Checking

  • Fee: $10 per month

Interest Checking
Monthly fee can be avoided with $1,000 minimum daily balance or $2,000 average daily balance.

  • Fee: $10 per month

Heritage 50 Interest Checking
Monthly fee can be avoided with $1,000 minimum daily balance, $2,000 average daily balance or $5,000 in combined deposits (including CDs).

  • Fee: $8 per month

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 a minimum daily balance of $2,500 or $5,000 average daily balance or $10,000 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 a minimum daily balance of $2,500 or $5,000 average daily balance or $10,000 combined deposits.

  • Fee: $15
  • Fee: $0.25 for each debit item in excess of 300 per month


Savings and Investment Accounts

Business Money Market Account
Monthly fee can be avoided by maintaining a minimum daily balance of $2,500 or more.

  • Fee: $15
  • Fee: $6 per withdrawal over six per month, limit of 3 checks per month

Regular Savings
Quarterly fee can be avoided by maintaining a minimum daily balance of $100 or more.

  • Fee: $3 per quarter
  • Fee: $2 for each withdrawal over six per quarter

Piggybank Savings

  • Fee: $2 for each withdrawal over six per quarter

Money Market Account
Monthly fee can be avoided by maintaining a minimum daily balance of $2,500 or average daily balance of $5,000.

  • Fee: $12 per month
  • Fee: $15 per withdrawal over six per month, limit of 3 checks per month

Certificates of Deposit
Penalty for early withdrawal equals one month’s interest on CDs of 12 months or less, and three month’s 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.


Additional Services

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

  • Fee: $30 per item

Bounce Protection

  • Fee: $30 per item paid

Overdraft Line of Credit

  • Fee: $30 annually

Account Research

  • Fee: $25 per hour ($25 minimum)

Account Balancing Assistance

  • Fee: $25 per hour

Stop Payment

  • Fee: $25 per item

Garnishments

  • Fee: $75 minimum

Returned Deposit Checks (chargebacks)

  • Fee: $4 per item

Special Statement Cutoff

  • Fee: $15

Early Account Closing (within 90 days of opening)

  • Fee: $20

Check Collections

  • Fee: $20

Bond Coupon Redemption

  • Fee: $20

 

Lobby Hours: monday-thursday 9am-4pm, Friday 9am-5pm, Saturday 9am- noon, Drive Thru: Monday - Friday 7:30am - 7pm, Saturday 9am- noon









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