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CONSUMER ALERT
Bank of Vernon customers should be aware of the continuing threat posed by multiple e-mail-based scams known as "phishing". These e-mail-based scams attempt to collect private account information from customers through deceptive and misleading methods.
For example, these phishing e-mails fraudulently request personal information including user ids, passwords, Social Security numbers, credit or ATM card numbers. The unsuspecting customer's personal information is generally gathered through a link provided in the e-mail that directs the recipient to non-Bank of Vernon Web sites that look very much like a legitimate site.
Please note that Bank of Vernon does not solicit sensitive, private information from customers through unsecure e-mail. Customers who receive these e-mails should not follow any of the instructions in the e-mail, and should not click on the links contained in the e-mail. If customers follow these steps, their accounts are not in jeopardy of being compromised.
If you have any concerns about the legitimacy of an e-mail message that appears to be from Bank of Vernon, please forward it immediately to info@bankofvernon.com. As stated above, do not respond to the e-mail message or click any of the links contained in the e-mail. Please do not remove the original subject line or change the e-mail in any way when you forward it to us.
At Bank of Vernon protecting your privacy and the security of your information is very important to us.
CHECKING ACCOUNTS
Personal Checking
| 0 - $594.99 |
$5.95 |
| $595 and over |
No Charge |
Budget Checking
Monthly Maintenance Charge $3.00
5 checks no charge, $.25 per check
or debit thereafter
$100 minimum balance to open
Free Checking
Free from service charges
Free from minimum balance requirement
Free from excess check fees
Free check safekeeping. Cancelled checks not returned.
Duplicate Checks required.
First 50 Imprinted Checks free with initial order
$25 minimum balance to open
BankClub
|
Minimum Balance |
|
$600 |
$0 - 599 |
| Basic |
$4.50 |
$7.50 |
| Family |
$6.50 |
$9.50 |
Free Personalized Checks, Accidental Death & Dismemberment Insurance, 25% annual safe deposit box discount, $30,000 Family AD&D Insurance
Graduate Account
Designed especially for the high school senior. Your free BankClub account for one year. Your Bank of Vernon Visa/Mastercard application
Senior Citizen Account
Personal Checking accounts held by customers 65 years and older will be exempt from service charge. Personalized checks will also be offered at no cost.
Non Profit Account
Non Interest Bearing accounts held by Non-Profit Organizations will be exempt from a minimum balance charge and per item charge INTEREST BEARING ACCOUNTS
Now Account
| 0 - $999.99 |
$7.00 |
| $1,000 - $1,499.99 |
$3.00 |
| $1,500 and over |
No Charge |
Note: On all personal Now Accounts, including Classic and BankClub Now, the minimum daily collected balance to earn interest is $1,000
No service charge in month opened
Minimum Balance to Open - $1,500
Now BankClub Account
Minimum Balance Requirements same as Now Account Bank Club Charges
Insured Money Market Account
| 0 - $2,499.99 |
$7.00 |
| $2,500 and over |
No Charge |
| Excessive Withdrawals |
$12.00 | Note: On Insured Money Market Account the minimum daily collected balance to earn interest is $2,500
Minimum balance to open - $2,500
Super Money Market Account
| 0 - $9,999.99 |
$10.00 |
| $10,000 and over |
No Charge |
Minimum Opening Balance - $10,000
Minimum Daily Collected Balance to earn interest is $10,000
Minimum Deposit Amount - $1,000
No checks allowed
One withdrawal per statement cycle allowed $10.00 per withdrawal thereafter
Rate guaranteed to never be less than bank's 90 day CD Rate.
(Available for personal accounts only---------not business, corporations, not for profit, public funds).
Offered for Limited Time Only
Free order of checks for customer opening a personal checking account at the time the Super Money Market Account is opened
Statement Savings
Quarterly Maintenance Charge
| 0 - $49.99 |
$1.00 |
| Per withdrawal after 3 per 3 mo. Statement cycle |
$2.50 | CHRISTMAS CLUB
Checks issued first week in November
Withdrawal Fee Prior to Check Issuance - $10.00
BUSINESS ACCOUNTS
Commercial Account
| Maintenance Charge |
$8.00 |
| Checks & Deposits |
$ .12 |
| Items Deposited |
$ .07 |
| Return Item |
$1.00 |
| Overdraft Rate |
14.00% |
| Reserve Rate |
10.00% |
| FDIC Insurance Rate |
4.00% | Earnings credit to offset charges based on 3 month Treasury Bill Auction Rate. (All rates subject to change without prior notice)
No service charge in month opened
Small Business Account
| $3,500 & above |
No Charge |
| 0 - $3,499.99 |
$10.00 | (Minimum Collected Balance)
50 Checks Free
75 Deposit Items Free
Excess checks $.20 each regardless of balance
Excess deposit items $.15 each regardless of balance
Non Interest Bearing. 14% charged on uncollected funds.
Business Money Market Account
Minimum Opening Balance - $25,000
Minimum Daily Collected Balance to earn interest is $25,000
Minimum Deposit Amount - $5,000
No checks allowed
One withdrawal per statement cycle allowed
$12.00 per withdrawal thereafter
Rate guaranteed to never be less than bank's 90 Day CD Rate
(Available for businesses, corporations, non-profit and public funds only)
10 free deposit items $.10 per item thereafter
Free order of checks for customer opening a business DDA at time of opening BMM
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Saturday, October 11, 2008 2:34:54 PM
An Equal Housing Lender 
