SAVINGS ACCOUNTS
While First Command is committed to enhancing the value of your accounts by keeping costs low, some fees are necessary to cover additional services. We’re confident that if you compare, you'll find them to be some of the lowest around.
ATM Transactions (per statement cycle) | Fee |
|---|---|
Money Market Savings Account: 1–6 transactions | Free |
Teen Money Market Account: 1–6 transactions | Free |
Additional Transactions | $1.50 per transaction |
ATM Surcharge (per statement cycle) 1 | Rebate |
|---|---|
Money Market Savings Account | $15.00 |
Teen Money Market Account | $15.00 |
Wire Transfers | Fee |
|---|---|
Incoming | Free |
Domestic | $20.00 |
International | $45.00 |
CD | Fee |
|---|---|
Original maturity of less than 1 year | The fee imposed will equal 30 days interest on the amount withdrawn |
Original maturity of more than 1 year | The fee imposed will equal 90 days interest on the amount withdrawn |
Other Services | Fee |
|---|---|
Replace Lost/Damaged Debit Card | $0 |
Place a Stop Payment | $20.00 |
Overdraft Protection Charge You’ll be charged $25 each time we pay an overdraft for a transaction, with the exception of daily debit card transactions of $5 or less, if you have opted into Overdraft Protection. You won’t be charged for the first overdraft protection used in a calendar year. There is no limit on the total fees we can charge you for overdrawing your account. You must pay back the amount owed on your overdraft limit within 30 days. | $25.00 per item paid |
Non-sufficient Funds | $29.00 per item |
Return Checks | $5.00 per charge back |
Money Market Savings Account Excess Withdrawal Fee | $10.00 per withdrawal |
Collection for Forwarded Payment | $20.00 per item |
Research/Dispute Account History One hour minimum | $15.00 per hour |
Collection for Forwarded Payment | $20.00 per item |
Request Copy of Check | $2.00 |
Foreign Item Collection Non cash item | Varies (minimum amount of foreign item must be $50.00 U.S.) |
1. There is no surcharge to First Command Debit used at MoneyPass® network ATMs. We’ll refund other surcharge fees, charged by ATM owners, up to the rebate amounts shown..
Common Savings Account Fees Questions
At First Command we encourage responsible financial management, but we recognize that there are times when you need some flexibility. That’s why we offer two types of overdraft protection: The Overdraft Program and Coverdraft.
An overdraft occurs you don’t have enough money in your account to cover a transaction, and we pay it anyway (fees apply). The Overdraft Program provides an Approved Overdraft Limit of $500, subject to credit approval. The Overdraft Program is not available on the Money Market Savings and Teen Checking account.
Coverdraft automatically transfers funds directly from another First Command Bank Deposit account when there are insufficient funds in your checking account at the time of the withdrawal/transaction.
Note: We reserve the right not to pay an overdraft if your account is not in good standing, if you aren’t making regular deposits or if you have too many overdrafts. To learn more about overdraft protection, please refer to the Depository Agreement and Disclosures booklet.
eStatement users will receive a notification email detailing the transaction(s) and fee(s) for the items paid under the Overdraft program. If you’re not an eStatement user, we’ll send you a notice by mail.
Ideally, by paying a little extra attention to your account you won’t even need overdraft protection. Here are a few ways to avoid overdrafts on your account:
- Know your current balance and keep track of your spending.
- Use OnCommand Account Alerts to monitor your account activity.
- Review your account statements monthly with eStatements.
- Schedule your bill payments in OnCommand or MobileCommand to get more control over when funds move out of your account.
- Take action quickly to deposit funds when needed: easily transfer funds between your accounts using OnCommand and MobileCommand.
- Deposit a physical check in minutes using the MobileCommand app on your iPhone or Android smartphone.