Easy to set-up and manage! Maximize your interest income by moving cash into an interest bearing SWEEP account.
Eligible Depositors: Individuals, businesses, corporations, commercial depositors, public funds and non-profit organizations.
- Automated transfers between your primary checking and SWEEP account at end of day – eliminates need for manual transfers.
- Assign primary checking target balance as ZERO and SWEEP account will receive the concentration of your pool of cash funds.
- Unlimited number of transactions to support your cash flow needs.
- ATM/debit card access and Internet banking is available for SWEEP accounts.
- Insured by FDIC according to FDIC coverage guidelines.
- Minimum balance must be maintained at $25,000.00 or there is a $25 fee.
Effective Date: Wednesday, September 27, 2023
$1,000.00 to $24,999.99
$25,000.00 to $99,999.99
$100,000.00 to $499,999.99
$500,000.00 to $999,999.99
$1,000,000.00 and over
Interest rate and APY may change daily after the account is opened. Fees could reduce earnings.
Rate Information: This is a non-interest bearing account.
Minimum Balance Requirements: There is no minimum deposit required to open an account and no minimum daily balance requirement.
No monthly service charge.
No per check fees.
Account Inactivity: An account is considered inactive/dormant if for 1 year there have been no transactions to the account. Account Inactivity Fee: $5.00 is charged per month if the balance is $100.00 or less.
Fees: Please refer to "View Fee Schedule" for additional information regarding applicable fees and charges.
|Account Reconciliation Charge||$10.00/hour (no charge in case of bank error)|
|ATM/Debit Card||Free at New Tripoli Bank-owned ATM's (foreign surcharges reimbursed up to $7.00/month)|
|Check Printing Charge||Free checks and deposit tickets (certain restrictions on style and quantity)|
|Coin Counting||Free for New Tripoli Bank customers|
|Copy of an Item||$3.00|
|Lost or Replacement Debit/ATM Card||$5.00|
|Online Banking/Bill Pay||Free|
|Overdraft Protection Transaction||Free|
|Overdraft/NSF Item (Paid or Returned)|
$30.00 per presentment (This fee may be imposed for overdrafts by checks, in-person withdrawals, ATM withdrawals, debit card transactions, preauthorized automatic debits, telephone transfers, online banking transactions or other electronic means)
|Return Item Charge||$12.00|
|Safe Deposit Box||Price varies based on size of box|
|Signature Guarantee||Free for New Tripoli Bank customers|
|Specialty Coin Services||$15.00 per transaction|
|Stop Payment Renewal||$25.00|
|Telephone Banking (Dial-A-Bank)||Free|
|Wire Transfer (domestic outgoing)||$20.00|
|Wire Transfer (foreign outgoing)||$40.00|
|Wire Transfer (incoming)||$10.00|