TransparENt Pricing
Rates and Fees
At Vault.Bank, transparency is important to us. Explore our breakdown of rates and fees to understand the costs associated with our products and services. With clear and upfront information, we empower you to make informed financial decisions and take control of your financial future.
RATES
Demand Accounts
Interest Rate / APY*
Demand
0.00% / 0.00%
Minor Demand
0.00% / 0.00%
Savings Accounts
Interest Rate / APY*
Savings
4.41% / 4.50%
Minor Savings
4.41% / 4.50%
Savings Goals
4.41% / 4.50%
Insured Cash Sweep Accounts
Interest Rate / APY*
Vault.Bank Sweep Account
4.31% / 4.40%
*Annual Percentage Yield. Minimum opening deposit for Savings and Minor Savings Accounts is $100.00. Rates are subject to change without notice. Rate accurate as of November 1, 2024.
Bank of Brodhead is a member of the FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in FDIC regulation. Additional FDIC insurance coverage is provided through participation in our Insured Cash Sweep Account. See full terms here.
COMMON FEES
Fees can be imposed on any and all Vault.Bank accounts.
Fee Type
Amount
Garnishments - each time
$30.00
Overdraft - maximum charge per day
$10.00
Stop Payment Requests - each time
$30.00
Foreign Wire Transfer (incoming & outgoing) - each time
$60.00
Instant Transfer Fee - each time
2.00%
Account closed within 90 days of opening
$50.00
DEMAND ACCOUNTS
Fee Type
Amount
Minimum to Open
$250.00
Debit Card - daily spending limit
$2,500.00
Account Maintenance Fee - per monthly statement
$4.95
**Imposed if your average daily balance falls below $2,500.00 or Direct Deposit is not set up within the account.
Replace Lost Debit Card
$20.00
Cash withdrawn from ATM w/ Debit Card
$500.00
Inactivity Fee**
$9.95
**An account is considered dormant if for 6 months no withdrawals or deposits have been made to the account and we have received no communication from you about any of your accounts.
**Account maintenance fee is waived for Founders.
SAVINGS ACCOUNTS
Fee Type
Amount
Minimum to Open
$100.00
Account Maintenance Fee - per monthly statement
$4.95
**Imposed if your average daily balance falls below $100.
Inactivity Fee**
$9.95
**An account is considered dormant if for 6 months no withdrawals or deposits, other than credited interest, have been made to the account, we have received no communication from you about any of your accounts, and there has been no activity.
**Account maintenance fee is waived for Founders.
MINOR SAVINGS ACCOUNT
For ages 13-17 ONLY, must have a parent or guardian attached to the account
Fee Type
Amount
Minimum to Open
$100.00
Inactivity Fee**
$9.95
**An account is considered dormant if for 6 months no withdrawals or deposits, other than credited interest, have been made to the account, we have received no communication from you about any of your accounts, and there has been no activity.
ACH LIMITATIONS
Fee Type
Amount
External - daily
$100,000.00
External - weekly
$500,000.00
Fees may vary based on specific account features as well as overall account relationship and transaction activity. There may be additional charges for services provided not shown on this fee schedule. Please note that we reserve the right to change our fees and will provide advance notice to you should our fees or terms vary from the information described above.