If you only write a very few checks per month, this type of account may be for you. You are allowed 10 checks per month for a monthly service charge fee of $1.00. However, if you write more than the 10, you will be charged $0.25 for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) over the limit.
If you just need a safe and simple checking account, this is it. With a small service charge of just $3.00 per month and unlimited checking, this type of account may be for you. Students avoid the service charge altogether.
Earn interest and get all the benefits of a regular checking account. This account puts your money to work for you. Maintain a $500 average balance throughout the month and avoid a $5.00 service charge.
Customers that maintain higher balances can earn higher interest. Here's another great tool in your overall savings program. Maintain a $500 average balance throughout the month and avoid a $5.00 service charge, but with an average balance of $2,500 per month you will obtain a higher interest rate. Accounts with balances over $10,000 earn a higher rate of return.
Commercial and business customers that maintain higher balances can earn interest with a minimum opening deposit of $2,500. An unlimited number of deposits or withdrawals are permitted in person, by mail or by ATM to the extent that these services are available with your account. By federal regulation, not more than six preauthorized, automatic, online or telephone transfers or withdrawals are permitted per month. Three of these six transfers or third party withdrawals may be made by check or debit card (also known as Point-of-Sale (POS) withdrawal). A minimum balance fee of $5.00 will be imposed each monthly statement cycle if the average balance in the account falls below $500. This is an interest bearing account, however a minimum average balance of $500 must be maintained to earn interest. Accounts with balances over $10,000 earn a higher rate of return.