ACCOUNT DISCLOSURES

Last update – Last update – 2/27/2025.

Please read these Account Disclosures carefully. These terms apply to your Deposit Account provided by Bangor Savings Bank in connection with YELL Payment. Capitalized terms not defined in these Account Disclosures shall have meanings set forth in the Deposit Account Agreement and Debit Card Agreement. 

Account Type

Consumer   Commercial

Checking/Transactional Account    Savings   Debit Card

FDIC Insurance

Your Account is eligible for FDIC insurance, up to applicable federal limits, as set forth in your Agreement.  

Your Account is not FDIC-insured. 

Interest

Your Account is a non-interest bearing account. 

Minimum Balance

There is no minimum balance to open your Account, maintain your Account, avoid the imposition of fees or obtain the disclosed interest rate and APY. 

Transaction Limits

Your Account is subject to all the limitations set forth in your Bangor Savings Bank Deposit Account Agreement (“Deposit Account Agreement”), Bangor Savings Bank Debit Card Agreement (“Debit Card Agreement”) and any other agreement between you and us.  In addition, the following transaction limits apply for Commercial Accounts

Limit Amount
ACH Transaction Limit $2,500 
Daily/Weekly/Monthly ACH Limit Daily: $2,500  / Weekly: $7,500 / Monthly:  $20,000
ATM Withdrawal Limit  $500
Daily/Weekly/Monthly ATM Withdrawal Limit Daily: $500  / Weekly: $2,000 / Monthly:  $3,000 
Debit Card Transaction Limit $2,500
Daily/Weekly/Monthly Debit Card Transaction Limit Daily: $2,500 / Weekly: $7,500  / Monthly: $20,000

 

Account access and transactions are only made available to you on YELL Payment’s mobile application. Deposits to your Account may only be made by ACH transfer from your Linked Account on YELL Payment’s mobile application. Withdrawals from your Account may only be made by ACH transfer to your Linked Account on YELL Payment’s mobile application, and by making purchases and ATM withdrawals on your Card, if one is issued to you with your Account. You may not make transactions, view information, or access the funds in your Account using services such as Bangor Online, Bangor Mobile, Telephone Banking, or any services available within each of these platforms. You may not deposit cash or checks in your Account, even if your Card allows you ATM access to cash. You may not make transactions or access your Account using Bangor Savings Bank’s branches. 

Fee Schedule 

You agree to pay all applicable fees on your Account, which are disclosed in your Deposit Account Agreement, Debit Card Agreement (if applicable), Fee Schedule and any other agreement you have with us.  In addition, you agree to pay the following fees:  

 

Fee Amount When the Fee Will Be Imposed
YELL accounts
App download $0  No fee to download the YELL app.
Account setup $0  No account setup fee for the YELL account.
Monthly account maintenance $0  No monthly account maintenance fee.
Spending or sending money
In-store purchases $0  No fee for in-store purchases using the YELL Mastercard.
Online purchases $0  No fee for online purchases using the YELL Mastercard.
Sending money to YELL customers $0  No fee for sending money to other YELL customers.
Adding money to the YELL wallet
Transfer from bank account $0  No fee for adding funds to your YELL wallet via incoming bank transfer or ACH.
Transfer from credit card 2.99% Adding money to your YELL wallet via credit card transfers incurs a 2.99% fee.
Instant access 1.99% Instant access to transferred funds incurs a 1.99% fee.
Receiving money from YELL customers $0  No fee for receiving money into your YELL wallet from another YELL customer’s wallet.
Receiving money using Direct Deposits $0  No fee for direct deposits into your YELL wallet.
Receiving merchant refunds $0  No fee for receiving merchant refunds.
Transferring money from the YELL wallet
Electronic withdrawal 0.50% Withdrawals to linked bank accounts incur a 0.5% fee.
Using the YELL Mastercard
YELL debit card acquisition $0  No fee for getting the card.
ATM withdrawal (in-network) $0  No fee for ATM withdrawals within the Allpoint network. “In-network” refers to ATMs in the Allpoint ATM Network. Locations can be found at allpointnetwork.com/locator.html.
ATM withdrawal (out-of-network) $2.50  ATM withdrawals outside of the Allpoint network incur a $2.50 YELL fee. “Out-of- network” refers to all the ATMs outside of the Allpoint ATM Network. Additional fees may be charged by the ATM operator, including for a balance inquiry, even if no transaction is completed. Foreign transaction fees may apply.
YELL debit card replacement $0  No fee for replacement of lost or stolen YELL debit cards.
YELL for Business
Accepting payments 1.50% Accepting YELL payments incurs a 1.5% fee.
More information
Customer service (telephone) $0  No fee for customer service calls.
Customer service (chat/email) $0  No fee for customer service messages..
Real-time alerts $0  No fee for real-time push notifications and text messages. Standard text message and data rates may apply.
Monthly statements $0  No fee for monthly account statements.
Transaction declines $0  No fee for transaction declines due to insufficient funds.