Effective December 14, 2022
Member FDIC

Account Opening and Monthly Service Charge

Minimum Opening Deposit​ $50
Monthly Service Charge $12
How to Avoid the Monthly Service Charge ​$0 Monthly Service Charge when you maintain a $2,500 minimum daily balance in this account

Interest Information

Range of Balances Interest Rate APY
$0.00 - $24,999.99 1.39% 1.40%
$25,000 - $49,999.99 1.39% 1.40%
$50,000 - $99,999.99 1.59% 1.60%
$100,000 - $249,999.99 1.69% 1.70%
$250,000 - $999,999.99 1.79% 1.80%
$1,000,000 - $2,499,999.99 2.08% 2.10%
$2,500,000 - $9,999,999.99 2.18% 2.20%
$10,000,000 - $19,999,999.99 2.18% 2.20%
$20,000,000 and Over 2.18% 2.20%
The interest rate and annual percentage yield may change at any time at our discretion. (Fees could reduce earnings on account.) Rates effective as of 09/25/2023.
How the interest is calculated We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected balance in the account each day.
How Interest is Compounded Interest will be compounded and credited to the account monthly. If you close your account before the interest is credited, you will receive the accrued interest.
When Interest Begins to Accrue Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).

Account Limitations

Excess Withdrawal Fee Six free withdrawals of any kind are allowed per statement cycle. There is a $5 Excess Withdrawal Fee for each additional withdrawal of any kind over six during the statement cycle. A maximum of 10 Excess Withdrawal Fees will be charged for a total of $50 per monthly statement cycle.
Account Type Change If your account exceeds 15 withdrawals of any kind per statement cycle for three consecutive months, we will convert your Business Money Market Account to a Frost Business Checking Account.

ATM Fees

Frost ATMs​ $0
Pulse Point-of-Sale Terminals $0
H-E-B, Corner Store, and Circle K Locations throughout Texas $0
Non-Frost ATMs $2 for any Inquiries, Transfers or Withdrawals while using a non-Frost ATM, plus any fees the ATM owner charges.
Notice regarding ATM fee by others - If you use an automated teller machine that is not operated by us, you may be charged a fee by the operator of the machine and/or an automated transfer network and you may be charged a fee for a balance inquiry even if you do not complete a funds transfer ​

Overdraft Fees

Overdrafts created by check, in-person withdrawal, ATM withdrawal or other electronic means $35 for each item presented for payment we pay that overdraws your account more than $5, up to a maximum fee of $175 per day.
Non-sufficient Funds $35 per item - If we determine, in our sole discretion based on information provided when the withdrawal or debit is presented to us for payment, that the Item is being represented for payment (meaning it was previously presented for payment and returned unpaid), we will not charge you an additional fee if your Current Balance is less than the amount needed to pay the Item and we return it due to non-sufficient funds. However, if we do not determine that the withdrawal or debit is a represented Item and we return it due to non-sufficient funds or we pay the Item that results in an overdraft, you will be charged the corresponding fee.
Overdraft Protection Transfer, each advance from:
  • Another deposit account
  • Line of credit (subject to credit approval)

$0 (interest will apply on the outstanding balance)

Miscellaneous Fees

Account research/Statement balancing ​$20 per hour ($20 minimum)
Check certification $10 
Check copy $2 per item (first five items free for imaged customers)
Check printing Fee varies
Cashier’s check $5 per item
Money order $5 per item 
Return item $5 per item 
Statement copy $2 per copy
Stop payment $30 per item
Outgoing wire transfer Fee varies
Incoming wire transfer $15 per item
Domestic collection item $20 per item
Foreign collection item $40 per item
Hold mail at financial center for pick-up $10 per month
Signature Verification

$3.00 per month plus $0.10 per item