978-283-8200 | 160 Main Street, Gloucester, MA 01930 | 15 Martin Street, Essex, MA 01929 | HOURS

Fee Schedule

Miscellaneous Fees

Stop Payment Fee (This fee may apply to checks and ACH stop payments). . . . . $25.00

Insufficient Funds (items paid or returned, per item) . . . . .$25.00
This fee may apply to any transaction that overdraws your account including, but not limited to, payments authorized by Check, ACH/Electronic Items and ATM/Debit Card Transactions.

Returned Deposited Items . . . . .$7.00

Locked Zipper Business Bag . . . . .$25.00

Overdraft Protection Fee - from checking, money market or statement savings accounts (per pre-authorized automatic transfer) . . . . .$5.00

Duplicate Statements . . . . .$5.00

Research Fees (per hour, minimum of 1 hour) . . . . .$25.00

IRA Service Fees (annually on December 15th) . . . . .$15.00

Money Orders ($500 or less) . . . . .$2.00

Treasurers Checks (over $500) . . . . .$3.00

Levies or Attachments. . . . . $50.00

Lost Passbook Fee. . . . . $10.00

Replacement ATM or Debit Card Fee. . . . . $10.00

IRA Exit Fee. . . . . $25.00

Wire Transfers

Domestic Outgoing. . . . . $25.00

Foreign Outgoing. . . . . $50.00

All Incoming. . . . . $15.00

ATM, POS & Debit Card Transaction Fees

Checking Accounts

ATM, POS & Debit Card Transactions . . . .FREE

Worldwide ATM Transactions . . . .FREE

Basic Checking accounts are charged $1 for each foreign ATM withdrawal and $.50 for each foreign ATM balance inquiry.
Machines displaying the SUM logo will not impose additional fees, other ATMs may impose additional fees, you will have the option to void such transactions.

Personal, Premier & Premier Plus Money Market and Statement Savings Accounts

BankGloucester ATM Transactions . . . . .FREE

Foreign ATM Withdrawals 6 free per statement cycle, then $1.00 each

Foreign ATM Balance Inquiries 6 free per statement cycle, then $ .50 each

POS & Debit Card Transactions. . . . . Not allowed

Online Banking with Bill Pay and Presentment

Online Banking with Bill Pay & Presentment is FREE with all BankGloucester Checking Accounts.

Online Bill Pay

Insufficient Funds (per item) . . . . .$25.00

Stop Payments . . . . .$35.00

Other Fees

Inactivity Fee . . . . .$4.00

This fee applies to all inactive checking accounts. If your account has had no activity for a period of 180 days, and your daily balance is less than $100.00, the bank will assess a fee of $4.00 per month until the account is at a zero balance and the account will be closed.

Premature Checking Account Closing Fee . . . . .$15.00

The bank reserves the right to assess a fee if your checking account is closed within 90 days of opening.

If you are 18 years or younger or 65 years or older special rules apply:

Insufficient Funds (items paid or returned, per item). . . . .$5.00

Official Bank Checks (Money Orders/Treasurers Checks). . . . . FREE

Stop Payments. . . . .FREE