By: Sofia Romano That’s Life! “ A Penny Saved is a Penny Earned”

3 rd choice: not as many account options as the other two banks, lowest interest rates and more fees

Checking Account “MyAccess® Checking” Account: best if you use direct deposit and are looking for a full-service personal checking solution o No minimum balance required o No interest earned

“MyAccess® Checking” Account Fees $12 monthly maintenance fee unless you: Make at least one qualified direct deposit of $250 or more each monthly statement cycle Maintain an average daily balance of $1,500 or more Students under age 23 are eligible for a waiver No ATM fee on Bank of America ATMs Non-Bank of America ATMs fee: $2.50 in the U.S. and $5 outside the U.S. “Standard” overdraft fee: $35 per overdraft or declined/returned transaction or “Decline-All” overdraft fee: $35 per declined/returned transaction Emergency cash at the ATM: $35 per overdraft transaction Extended Overdrawn Balance charge: $35 Overdraft Protection transfer fee: $10 per day Stop payment fee: $30 per check request Incoming wire transfer fee: $25 each domestic wire transfer Deposited item returned fee: $12 domestic, $15 foreign Non-Bank of America Teller Withdrawal fee: $5 per withdrawal

Savings Account “Regular Savings Account”: for those just starting out who need a basic savings account $300 minimum daily balance required Interest rate: 0.01% on all balances Fees: Minimum opening deposit: $25 $5 monthly maintenance fee; unless meet the minimum daily balance of $300 3 withdrawals per month without fees; $3 per additional withdrawal Avoid the excess withdrawal fee by maintaining a minimum daily balance of $2,500.

2 nd choice: good amount of account variety to satisfy different tastes, average interest rates and fees

Checking Account “Premier Checking” Account: an interest-bearing checking account which makes you eligible for a Statement Savings Account or Money Market Investment Account o $5,000 minimum daily balance in order to have the monthly maintenance fee waived o Interest rate: $1 and over  0.01% o Fees: o $20 monthly maintenance fee ​ o Minimum Opening Deposit: $50 o International ACH Transaction fee: $1 per item

Savings Account “Money Market Investment Account”: a savings account with the flexibility of check writing Minimum balance: $2, minimum Ledger Balance each day ​ or $5, average daily Ledger Balance Interest rates: $1 - $24,999  0.03% $25,000 & over  0.05% Fees: Monthly Maintenance Fee: $12 (can be waived if you meet either minimum balance) Minimum Opening Deposit: $50 $5 per withdrawal (after 6 free withdrawals per month)

1 st choice: greatest variety of accounts that are personalized to different age groups and likings, has the highest interest rates and low amounts of fees

Checking Account “SimplyPlus+ Checking” Account: “build a nest egg” o $1,000 daily minimum balance requirement o A service charge fee of $10 will be imposed every statement cycle if the average daily balance in the checking account is less than $1,000 o Interest rates: o $0 - $  0.05% o $1,000 - $9,  0.05% o $10,000 - $24,  0.05% o $25,000 - $999,999,  0.10% o Fees: o $10 monthly service fee o Waived with a $1,000 balance or a $5,000 balance in combined personal checking, savings, money market, and CD accounts o $2.50 ATM transaction fee waived when using another bank's ATM up to two times per statement cycle

Savings Account “SimplyKids Saving Account”: created for kids and young adults up to 23 years old No minimum balance or service fee Interest rate: Your interest rate and annual percentage yield may change at any time Higher interest rate on the first $500 deposited Interest will be compounded and credited to your account every month Fees: A withdrawal fee of $10 may be charged for each preauthorized, automatic, online/telephone transfer, withdrawal, check or POS withdrawal in excess of six during a calendar month