Private Banking by Orange Wealth Management
A banking relationship designed especially for you. Simplify your finances, banking, investments and estate planning needs. You’ve worked hard to achieve your business and personal goals, trusting professionals to be partners in your success. Now’s the time to experience the rewards of professional banking designed especially for you–Private Banking by Orange Bank & Trust.
Program Benefits
Consumer Checking Account
PB Checking – All Private Banking clients must maintain a PB consumer checking account with the following benefits:
No Fees to use any ATM nationwide and reimbursement of the ATM charged by the ATM owner*
No Charge for Domestic Wires
No Charge for International Incoming Wires
Higher Daily ATM withdrawal limits
Higher Daily Debit Card withdrawal limits
Higher Mobile Banking (Up to $1,000,000) daily deposit limits**
No Charge for Stop Payments
No Charge for Official Bank Checks
No Charge for Standard Branded Checks
Branded PB checkbook cover
Special PB Debit Card
Benefits extended to Family Members tied to Accountholder(s)
Savings, MMDA and Time Dep Accounts
Higher Interest Rates – Tiered Rate Offering
Savings rate on balances larger than $100,000 is comparable to Internet Banks/Best in market rates
Business Deposit Accounts
No Charge for the first 600 items
Free or Discounted first order of standard checks
No Charge for Stop Payments
No Charge for Official Bank Checks
No Charge for Standard Branded Checks
No Fees to use any ATM nationwide and reimbursement of the ATM charged by the ATM owner*
Consumer Lending
Home Equity Line of Credit and Home Equity Loan Discounts (rate benefits, reduced floor rate and substantially lower fees)
Investments
10% Discount off of Standard Fee % for HVIA Managed Investments (Equities, Bonds and/or Mutual Funds)
Other
Access to Private Banker and associates
Cultural Club Benefits
Monthly Magazine membership
Onboarding Welcome Gift
Special Event Invitations
*monthly limits apply
**subject to credit approval/review
How to Qualify
Private Banking Program Minimums
$250,000Personal Deposits/HVIA Managed InvestmentsOR$500,000Including Business Deposits* & Loans
Requirements
PB Consumer Checking Account is Required and must be funded
Specific $25,000 Minimums in Consumer Deposit Balances within 1 month of onboarding
6 month balance build allowance to meet minimums
Must have Checking Account Monthly Deposit Activity (ACH, Check writing, Debit Card Usage)
Assumes Minimum Balance Requirements are maintained (allow clients 6 months to build balances)
Balances to be considered – all Consumer Deposits, all Business Deposits and HVIA related Investments. Maintain current $250k and $500k targets.
Balances to be considered – all Consumer and Business Deposits*, Business Loans and HVIA related Investments
If Minimum Balance Requirements are not maintained, the bank may charge a $50.00 monthly maintenance charge (not charged at this time)
*Only Business Balances owned by the client will be considered (no escrow, IOLA, Court, etc. account balances)