Account Charges & Fees
Simplicity is one of our core values, and as such, we're working hard to design products and experiences that are easy-to-use and intentionally uncomplicated. Since we're building a bank from scratch, we're committed to an iterative process - trying innovative new models, evaluating the results, and revising. Fees and account charges are subject to that approach. Below find our current set of account charges and fees. Have thoughts on what you see? Send us a note at firstname.lastname@example.org. We'd love to hear from you.
Unless otherwise noted, charges and fees apply to all products for both individuals and businesses.
The Big Stuff
At maturity, CDs are automatically rolled over into a new CD of equivalent maturity, unless the account holder elects to withdraw their funds. The account holder's election must occur during the "grace period" - which is defined as the ten calendar days immediately following the maturity date.