RMO Bank believes in transparent, straightforward pricing with no hidden fees. Here is a summary of common checking account fees and how to avoid them.
Monthly Maintenance Fee
- MyEveryday: $8/month — waived with a $500 minimum daily balance or a qualifying direct deposit of $250 or more.
- MyFirst: $0/month — no maintenance fee for eligible account holders ages 16–24.
- MySecure: $5/month — flat monthly fee with no waiver requirement.
- MyUltimate: $25/month — waived with a combined relationship balance of $25,000 or more.
ATM Fees
- RMO-owned ATMs: Always free for all checking tiers.
- Out-of-network domestic ATMs: $2.50 per transaction for MyEveryday, MyFirst, and MySecure. MyUltimate members receive unlimited domestic ATM fee rebates.
- International ATMs: $3.00 per transaction plus a 1% foreign transaction fee.
Overdraft Fee: $29 per item, with a maximum of 3 overdraft fees per day. You can opt out of overdraft coverage at any time through MyRMO. We also offer an optional Overdraft Protection link to a savings account or line of credit.
Other Fees: There is no fee for online statements, MyRMO transfers, or debit card replacement (standard shipping). Expedited card delivery is $15.
For a complete fee schedule, visit the disclosures section in MyRMO or schedule an appointment through MyRMO or by calling us.