Account Transition Information

Savings

Account Opening & Usage

• Minimum Amount Required to Open Account: $25
• Monthly Maintenance Fee: $3
  • Temporary Waiver of Fees: The monthly maintenance fee associated with this account will be waived through May 2023. This waiver period will allow you the opportunity to understand the requirements to waive those fees on your new account.
• Requirement to Avoid Monthly Maintenance Fee: Complete one of the following: Maintain a $200 minimum daily balance, OR Complete a monthly transfer from an Umpqua personal deposit Account to your Grow Savings, OR Primary Account owner’s age is either 18 & younger or 55 & older, OR Link to an Access Checking and receive up to 3 Grow Savings or Thrive Money Market Accounts with no monthly maintenance charge, OR Link to an Attain Checking and receive up to 5 Grow Savings or Thrive Money Market Accounts with no monthly maintenance charge. Note: Qualifying transfers can be made via online/mobile banking, telephone banking or scheduled as an automatic transfer.
• Paper Statement: $0 per month
• Excess Withdrawal Activity: $5. For each withdrawal or transfer that exceeds 6 allowable transactions per calendar month or statement cycle. Transfers include but are not limited to Bill Payments, Telephone Transfers, and ACH Payments. ATM and In-Branch Withdrawals are unlimited.

ATM & Debit Card Services

• Umpqua Bank ATM: $0 per transaction - deposit, withdrawal, transfer, or balance inquiry.
• Non-Umpqua Bank ATM: $2.50 per transaction - withdrawal, transfer, or balance inquiry. ATM-Owner fees will apply.
• International Transaction: 2.00% of transaction. Transactions made outside the U.S., in either foreign currency or U.S. dollars, using an Umpqua Bank card.
• Umpqua Bank ATM Mini Statement: $0 per statement

Additional Account Features

• Paid Interest: Yes. See deposit rates.
• Card Access: ATM Card, or link as secondary Account on Debit Card.
• Checks: No checks issued or allowed for withdrawal against the savings Account. Any Checks, including over the counter Checks and electronic Checks issued against the savings Account will be returned unpaid.