Service Fees &Misc.Charges
Business ChecDig Base Fee(monthly)
$20.00
Additional Stab!n 1ents (ead'l)
2.00
Coin (per roiQ
o.os
Collection items (lnmming &Outgoing)
15.00
Currency(per$1,000)
030
Deposit Items Ondividual aedit items)
o.oa
Deposits (per depasft slip or ACH Item}
0.30
Debits (c:heclcsordebit card transactions}
o.20
Retumed Deposit item (Charge backll:em)
5.00
WnTransfers (lnmming)
NIC
WireTransfers (Outgoing-Domeslic)
:zo.oo
International Wft (h:orYWig}
NIC
International wn COUigomg)
60.00
FDICinsurance(monthly)
0.10/$1,000
1%or$5min
On6ne Bil Pay
O.SOeach
Other Business Services:
cash Sweep ChecDigAcmunt
Business Loans
FREE E-Stal& 1iliHits
FREEVISA Check Business Debit Cards
FREE Direct Deposit Servia!
Merdlantcard Protessing
Remote Deposit capture Servb
(for qualifying businesses)
See our website for more infonnation.
PEOPLES BANK
www.peoplesbaaktellas.COIII
Peoples Bank is a strong, locally owned community bank,
established in 1968. Our decision-makers are here. This
allows us to make fast decisions along with our friendly
service to help make your business profitable and
successful. Contact any of our banking locations to
discuss any business need and ask questions about any of
our quality business services.
Definitions of Terms
Average Collected Balance
Average ledger balance less float. (Float is time required
for items deposited in your account to be paid.) We do
give you immediate credit even though actual funding to
the bank may require up to three or more days.
Charge Back on Deposited Items
Items deposited to your account that are returned due to
insufficient funds, closed accounts. etc.
Credit Allowance on Investable Funds
Your investable balance is multiplied by the average Fed
Funds rate for that month. Credit allowance on investable
funds is calculated each month and varies according to
Fed Funds rate= Earnings Credit Rate
Deposit Items
All checks or items processed into your account.
Base Fee
The monthly account maintenance charge for generating
your monthly statement and general operating cost of
handling the account.
Code Descriptions
1-Average Ledger Balance: The average daily ledger
balance of the Demand Deposit Account.
2-Average Float: The average daily deposit float for the
Demand Deposit Account. Float is the time required for
items deposited in your account to be paid. (We do allow
you immediate credit even though actual funding may
require up to three days or more.)
3-Average Collected Balance: Average Ledger Balance less
Average Float.
4-Services Rendered: A deKription of all the Bank
services rendered during the statement period.
No Fee Example - BualnaH Account
Primary Account
5555555
Paopl" Bank Cuetomar
11111 Main street
Lubbock, Texae 78999
September 1, 2011
ACCOUNT ANALYSIS STATEMENT......................................................
Average Ledger Balance
$50,000.00 [j]
Less Average Float (Uncollected Funds)
(1,500.00) [II
Average Collected Balance
$48,500.00 [j]
SERVICES RENDEREDW
VOLUME []] PRICE [i]
Base Fee - Monthly
1
7
Cradit Faa
42
Regular Debits
Item Faa
20
FDIC Insurance
per$1000
20.00
TOTAL [I]
20.00
2.10
8.40
1.20
0.50
32.20 00
39,176.67 [[]
9,323.33 [j]]
0.30
0.20
0.06
0.10
Total Balance Required for Services
Balance Available for Other Services
RECAP OF ACCOUNT ANALYSIS........................................................ .
5-Volume: The total number of units of each Bank service
used by the account during the statement period.
6-Price: The per unit charge for each service.
7-Total: Volume of each service multiplied by the price per
unit for that service.
8-Total Calculated Charges: The total of all charges for
services during the statement period.
9-Total Balance Required for Services: The average daily
balance that would have to be maintained in the account
to offset the cost of all Bank services rendered during the
statement period.
Investable Funds
Average collected daily balance minus reserve requirement. We invest these funds nightly and give you credit
on your investable balance, which is netted against your
monthly service fees.
10--Balance Available for Other Services: The Average
Collected Balance less Balance Required for Services: (a) if
positive, these are balances that exceed the Balance
Required for Services; (b) if zero, the Balance Required for
Services exceeds your Average Collected Balance and your
balances are deficient to cover services rendered.
Credit Fee
Cost of processing all items listed on a single deposit slip.
11--Reserve Amount: The total amount of required
reserves for the account.
Regular Debits
Cost of processing checks, debits, or items written on your
account: checks, debits, drafts, inter-bank debits, etc.
12--lnvestable Balance: Average collected Balance less
Reserve amount. This is the amount of balances available
to cover services rendered on the account.
Reserve Requirement
Banking law requires a percentage of your deposits to be
held in reserve at a Correspondent Bank or the Federal
Reserve.
13--Net Credit for Balances: Investable Balance multiplied
by the Earnings Credit Rate.
Reserve Amount at1 0% (Collected)
Investable Balance (Collected)
Credit for Balances at 1.0% ~
Lass lntarast Earned: nona
Nat Credit for Balances
Less Charges for Services
(4,850.00) IITl
43,650.00 [12J
36.36
0.00
36.38 ~
(32.20)
4.18 [1j]
0.00
Nat Results of Analysis
Final Service Charge
Fee Incurred Example - BualnaH Account
Paopln Bank Cuetornar
11111 Main street
Lubbock, Texae 79SMKI
Primary Account
5555555
September 1, 2011
ACCOUNT ANALYSIS STATEMENT............................................. .........
$30,000.00 [j]
Average Ledger Balance
Less Average Float (Uncollected Funds)
(1,500.00) [j]
Average Collected Balance
$28,500.00 [I]
SERVICES RENDEREDW
VOLUME []] PRICEI&J
Base Fee - Monthly
Cradit Faa
7
Regular Debits
42
Local Item Fee
20
per$1000
FDIC Insurance
Total Balance Raqulrad for Services
Balance Available for Other Services
20.00
TOTAL [I]
20.00
2.10
8.40
0.30
0.20
0.06
1.20
0.30
0.10
32.00 00
38,933.33 [[]
(1 0,433.33) [j]]
RECAP OF ACCOUNT ANALYSIS.............................. ..................... ......
14--Final Service Charge: The fee required to cover services
rendered which were not offset with balances.
Reserve Amount at1 0% (Collected)
Investable Balance (Collected)
Credit for Balances at 1.0% [J]]
Less Interest Earned: none
Net Credit for Balances
Less Charges for Services
Net Results of Analysis
Final Service Charge
(2,850.00)
25,650.00
IITl
I12J
21.38
0.00
21.38 ~
(32.00)
(10.62) [1j]
(10.82)