Rate and Fee Schedule and Truth in Savings Disclosure Frost Plus Account

Effective March 28, 2020
Member FDIC

Account Opening and Monthly Service Charge

Minimum Opening Deposit $25
Monthly Service Charge $15
How to Avoid the Monthly Service Charge $0 Monthly Service Charge when you have ONE of the following (during each monthly statement period):
  • $10,000 combined average daily balances* of personal deposit accounts, including checking, savings, money market, CDs and IRAs.
  • OR you are a borrower on a consumer real estate secured loan
  • OR you own a Frost Premium Account
*The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
Monthly Service Charge on Personal Savings Accounts If you are an owner of this account, there will be a $0 Monthly Service Charge on all personal Savings accounts you own.

Interest Information

Interest Rate and APY The interest rate paid on the entire collected balance in your account will be 0.01%, with an annual percentage yield of 0.01%. Rates effective 08/09/2020.

The interest rate and annual percentage yield may change at any time at our discretion.
How the Interest Rate 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).

ATM Fees

Frost ATMs​ $0
Pulse Point-of-Sale Terminals $0
H-E-B, Corner Store, and Circle K Locations in Texas $0
Non-Frost ATMs $0 Frost fee for any Inquiries, Transfers or Withdrawals while using a non-Frost ATM. The ATM owner may charge additional fees, which will be refunded up to $5 per statement cycle.
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 we pay that overdraws your account more than $5, up to a maximum fee of $175 per day.
Non-sufficient Funds $35 per item that we do not pay
Overdraft Protection Transfer, each advance from:
  • Another deposit account
  • Line of credit (subject to credit approval)
 

$0
$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 order Free bank stock checks, otherwise fee varies
Cashier’s check $0
Money order $0
Return item $5 per item
Statement copy $2 per copy
Stop payment $30 per item
Wire transfer Fee varies
Incoming wire transfer $12 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

R(03/20)