Domini Deposit Account at PNC Bank

Account Highlights
All data as of 6/15/2013 unless otherwise noted.
  • Safety of principal (FDIC-insured up to $250,000 per depositor)*
  • Yield
    (as of 6/15/2013)**
    Current Rate: 0.05%
    Annual Percentage Yield: 0.05%
    (set by PNC Bank monthly and subject to change)
  • Daily liquidity
  • Check Writing ($500 minimum per check) [Check Writing not available for IRAs]
  • Easy exchange between the Account and Domini funds
  • Minimum initial deposit: $2500
  • Minimum subsequent deposit: $100
  • Fees: $3 per month***
  • Available for IRAs
  • Only available to individuals, governmental units, and nonprofit organizations

The Domini Deposit Account at PNC Bank is a safe and flexible option for your cash deposits. The Account's assets are deposited with PNC Bank, National Association, the country’s fifth largest bank based on deposits and branches.

* The Federal Deposit Insurance Corporation has increased the coverage on deposits from $100,000 to $250,000 per depositor, through December 31, 2013. The amount that you have on deposit in the Domini Deposit Account at PNC Bank will be added to any other money you may have on deposit at PNC Bank for determining your insurance limit.
 
** Current rate and annual percentage yield subject to change at any time without notice.
 
***Domini began assessing this monthly service charge on June 15, 2010. This charge will be automatically withdrawn from your account on the 15th of each month (or the next applicable business day).

 

The Domini Deposit Account at PNC Bank is a NOW Account. Please note that you will be able to access your funds in the Domini Deposit Account at PNC Bank only through Domini Social Investments. Domini Social Investments will act as your agent for the purpose of making deposits to and withdrawals from the Domini Deposit Account at PNC Bank and will maintain the records of your account. You will not be able to access your funds in the Domini Deposit Account at PNC Bank or obtain balance information by contacting PNC Bank directly. Your deposits in the Domini Deposit Account at PNC Bank are subject to FDIC insurance limits of $250,000 per depositor.

The Domini Deposit Account is made available through an arrangement with PNC Bank, National Association, member FDIC. Domini Social Investments LLC and the mutual funds offered through Domini are not affiliated with any bank and are not FDIC insured. Domini Social Investments LLC retains the right to replace PNC Bank with another FDIC member institution at its discretion. Prompt notice regarding such change will be provided.

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