Canandaigua National Bank

e-ssentials. A monthly maintenance fee will be imposed on every statement date in accordance with the following: $8 if no direct deposit or e-statement, $3 with direct deposit OR e-statement, $0 with direct deposit AND e-statement. For each check over 15 processed monthly, there will be a per check charge of $0.50. Optimum. A monthly maintenance fee of $21.50 will be imposed on every statement date if the following balance requirements are not met. A minimum outstanding Freddie Mac Mortgage balance of $150,000, or a minimum combined balance in Canandaigua National Bank accounts for the statement period of $20,000. The combined balance for the Optimum account is the average daily balance in checking, savings, money market, certificates of deposit, and Basic Business Checking; and the outstanding balance for auto loans, Canandaigua in-house mortgage loans, personal loans, home equity loans or lines of credit, a Wealth Management, or a Canandaigua National Trust of Florida, or other eligible investment account relationship. Balances will be combined based on the Tax Owner for the Optimum Account and any qualified, related account(s) in which they are either a Tax Owner or Non-Tax Owner. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Minimum daily balance is the principal in the account for each day of the period.