Basic Checking Account Survey

BANKING

INSTITUTIONS

AMT TO OPEN ACCT

MIN BAL TO AVOID FEE

REGULAR MONTHLY FEE

# OF FREE TRANS-ACTIONS PER MONTH

RETURNED CHECK CHARGE

NON-CUSTOMER GOV’T CHECK CASHING FEE

ANNUAL COST - ASSUME EIGHT CHECKS PER MONTH,  NO MIN. BALANCE MAINTAINED & ATM TRANS. (1)

BANK OF BENNINGTON

NONE

NONE

NONE

ALL

$ 25

N/O

$ 8.64

BERKSHIRE BANK

N/R

N/R

N/R

N/R

N/R

N/R

N/R

BRATTLEBORO S&L, F.A.

$ 25

NONE

NONE

ALL

$ 30

N/O

$0

CITIZENS BANK, N.A.

$ 50

NONE

NONE

ALL

$22/$37/$39

NONE

$11.52

CHITTENDEN BANK

$ 50

NONE

$ 3

10

$ 30

$ 10

$44.64

COMMUNITY NAT’L BK

NONE

NONE

NONE

NONE

$ 23

$10

$31.20

CONNECTICUT RIVER BANK, N.A.

$25

NONE

$ 2

25

$ 25

$5

$ 29.76

FIRST NAT’L BANK OF ORWELL

NONE

NONE

$ 2

ALL

$ 20

NONE

$ 34.00

KEYBANK, NA

$ 50

NONE

NONE

ALL

$ 34-$38

N/O

$7.68

LAKE SUNAPEE BANK

$10

$500

$ 3

ALL

$ 27

$ 5

$44.64

LEDYARD NAT’L BANK

$10

NONE

NONE

ALL

$ 25

NONE

$0

MASCOMA SAV BK, FSB

$ 50

NONE

NONE

ALL

$ 27

N/O

$ 14.40

MERCHANTS BANK*

$ 75

NONE

NONE

ALL

$25

$ 5

$ 0

NAT’L BANK OF MIDDLEBURY

$ 100

NONE

NONE

ALL

$ 22

NONE

$ 14.48

NORTHFIELD SAV BANK

$ 50

NONE

NONE

ALL

$ 30

$10

$10.56

PASSUMPSIC SAV BANK

$ 25

NONE

NONE

ALL

$ 25

$ 5

$ 12.16

PEOPLES TRUST OF ST. ALBANS

$ 25

NONE

NONE

ALL

$ 22

$ 4

$0

RANDOLPH NAT’L BANK

$ 50

$ 200

NONE

TEN

$ 15

NONE

$ 34.45

TD BANKNORTH

NONE

NONE

$3

8

       $35

$10

$ 48.80

UNION BANK

$25

NONE

NONE

ALL

$ 28

$5

$6.72

WELLS RIVER SAV BANK

$ 25

NONE

NONE

ALL

$ 20

N/O

$ 6.72

VERMONT AVERAGES

$ 30.71

$ 33.33

$ .62

N/A

$ 25.29

N/A

$17.16