Rates and Fees

FACEBANK fees are very low! We do not have a minimum balance fee if your balance falls below the minimum required to earn interest. In addition,  electronic checks are free (via Online banking). Online wire transfer requests from your Personal Account have a fee of $30.00 each. Each wire ordered from your Commercial Account will be charged at $45.00 each. Dormant Accounts will be subject to a monthly fee of $35.00. All transfers within FACEBANK customers are free. Please note, all incoming wire transfers received from other banks will have a charge of $15.00 for personal accounts and $30.00 for business accounts.

Manual transfer requests (not made online) will be charged at $100.00 each.

Incoming transfers rejected will have a $ 45.00 charge (deducted from the amount received).

Transfers in foreign currencies  will cost $40.00 Personal Accounts (incoming or outgoing); $60.00 Commercial Accounts (incoming or outgoing).

        * If the transfer in foreign currency is greater than $10,000.00 (after the exchange) will be FREE.

ACH could have a cost up to $45.00

 

Other charges:

Copy (Scan) of cleared checks by Virtual Banking: no charge.

Copy (Scan) of cleared cheks by email: $5.00 each.

Special inquiaries: Variable cost, $45.00 minimun.

Returned check: $45.00 each.

International check deposit: Flat fee of $75.00 plus $5.0% of the amont of the check up to a maximun of $1,500.00 and minimun of $25.00. The issuing bank may apply oher charges.

Fee for foreign exchange transactions ordered online (via wire transfer): $150.00 each. (Customers are provided the best market spot rate).

 

 

Log in to our Virtual Banking site for a complete list of current interest rates for each type of Time Deposits.

Time Deposit with interest payment at maturity

Time/Amount31-6061-9091-120121-180181-270271-365Mas de 365
From $1,000 A $4,999 0.125% 0.223% 0.250% 0.266% 0.299% 0.500%

0.609%

From $5,000 a $50,000 0.250% 0.250% 1.312% 1.312% 1.562% 1.750% 1.812%
From $50,001 a $250,000 0.250% 0.250% 1.312% 1.312% 1.562% 1.750% 1.814%
From $250,001 a $750,000 0.312% 0.312% 1.437% 1.437% 1.687% 1.875% 2.000%
More than $750,000 0.500% 0.500% 1.500% 1.500% 1.875% 1.937% 2.000%

 

Time deposit with monthly interest payment 

Time/Amount31-6061-9091-120121-180181-270271-365Mas de 365
From $1,000 A $4,999 - 0.223% 0.250% 0.266% 0.299% 0.500%

0.609%

From $5,000 a $50,000 - 0.249% 1.300% 1.300% 1.546% 1.732% 2.793%
From $50,001 a $250,000 - 0.311% 1.363% 1.363% 1.609% 1.793% 1.855%
From $250,001 a $750,000 - 0.373% 1.423% 1.423% 1.669% 1.855% 1.875%
More than $750,000 - 0.497% 1.486% 1.486% 1.732% 1.915% 1.976%

Mortgage Loans

TimeRate
1/1 ARM 4.125%
3/1 ARM 5.125%

 

Personal Checking Accounts

AmountInterest
Less than $5,000 0.000
$5,000 - $ 9,999 0.125
$10,000 - $24,999 0.125
$25,000 - $49,999 0.125
$50,000 - $99,999 0.125
$100,000 - $499,999 0.125
More than $500,000 0.125

 

 

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