Schedule of Charges
Accounts which remain inactive for 3 years are escheated to the State as required by law. Any such account may be reclaimed by presenting adequate proof to the State.
These schedules may be changed at any time by the Bank effective upon notification of the change, either by mailing a notice to each depositor at the address on record, by posting in the lobby of each Bank office, or by any other usual means of communication with the depositor in compliance with Federal and State Banking Laws.
If you have any questions, an officer at Metropolitan Bank will be pleased to answer them.
Miscellaneous Charges
| Services | Amount | Note |
|---|---|---|
| Counter Check | $2.00 each | |
| Cashier's Check | $8.00 each | VIP customers get 3 free cashier's check per month |
| Special Handling Item | $5.00 per item | |
| Verification of Account | $10.00 | VIP customers can get at no extra charge |
| Stop Payment and Renewal | $30.00 per item | |
| Special Statement Request | $6.00 each | |
| Photocopy Statement | $5.00 per copy | |
| Photocopy of Check | $5.00 per copy | |
| Close Account Within 90 days | $25.00 per account | |
| Record Research Fee | $30.00 per hour | Minimum one hour of research time |
| Photocopy or Paper Copy | $0.20 per page | Single sided page |
| Express Mail | $30.00 | |
| First Checkbook Shipping | Varies | The first checkbook per account is free but shipping charges apply. |
Wire Transfer
| Services | Amount | Note |
|---|---|---|
| Incoming | $15.00 | Both Domestically and Internationally |
| Outgoing (Domestic) | $30.00 | |
| Outgoing (International) | $45.00 |
Collection
| Services | Amount | Note |
|---|---|---|
| Domestic | $30.00 | |
| International | $75.00 | |
| Canadian | $75.00 | |
| Domestic, International, Canadian Returned Item | $30.00 |
Legal
| Services | Amount | Note |
|---|---|---|
| Liens, Levies, Attachments, Beneficiary Disputes, Garnishments, etc | $100.00 per occurrence |
Safe Deposit Box
| Fees | Amount | Note |
|---|---|---|
| Lost Key | $25.00 | |
| Rental Payment Late Fee | $25.00 annual charge |
Retirement Plan Charges
Annual Trustee Fee
| Fees | Amount | Note |
|---|---|---|
| Individual Retirement Account (IRA) | Free | |
| Self-Direct IRA | $30.00 per plan | |
| Enrollment (New Plans Only) | Free |
Distributions:
| Fees | Amount | Note |
|---|---|---|
| Lump Sum | $15.00 per occurrence | |
| Partial | $15.00 per occurrence | |
| Periodic | $15.00 per occurrence | |
| Assumption (Spouse Beneficiary) | $15.00 per occurrence | |
| Mandatory Age 72 Distribution | No Charge | |
| Termination / Transfer Out | $25.00 per occurrence | |
| Marital Dissolution | $50.00 per occurrence |
Non-Spouse Beneficiary Health Saving Account
| Fees | Amount | Note |
|---|---|---|
| Distribution | $12.00 per occurrence | |
| Account Closing | $25.00 | Includes Transfers / Rollovers |
Other Checking Account Charges
| Fees | Amount | Note |
|---|---|---|
| Non-Sufficient Fund Fee | No Charge | |
| Deposited check returned | $12.00 per item | |
| *Overdraft Returned Items | $35.00 per item | Includes Refer to Maker, Account Closed, Checks, Electric Transfers, ACH Debits |
| *Overdraft Fee Maximum | $175.00 per day |
*Bank does not permit overdrafts through in-Person Withdrawals, ATM Withdrawals, or Debit Card Purchases.
Items drawn on us presented for cashing by non-customer is $10 minimum or 1% of the check amount, whichever is greater.