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Personal Checking Accounts

Free Checking

Super Now

Sterling Checking

Progressive Money Market

 
 
 

Free Checking ($100 deposit required to open)

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Ø      No minimum balance required.

Ø      No monthly service charge.

Ø      Unlimited check writing.

Ø      Cancelled checks retained by bank.

Ø      Copies of checks available – up to six free per year.

Ø      FDIC insured.

 

Super Now ($500 deposit to open)

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Ø      $500 minimum balance required to avoid service charge.

Ø      Earns interest as long as minimum balance is maintained.

Ø      $10 fee per statement cycle if at anytime the balance falls below minimum requirements.

Ø      Unlimited check writing.

Ø      Cancelled checks retained by bank.

Ø      Copies of checks available – up to six free per year.

Ø      Early closing fee of $10 if closed within first three months.

Ø      Refer to Deposit Rates for current interest rates.

Ø      FDIC insured.

 

Sterling Checking ($25,000 deposit to open)*

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Ø      Provides higher interest rate than normal checking.

Ø      Unlimited Check writing.

Ø      Free printed checks (Specialty only).

Ø      Free Visa CheckCard (or ATM if preferred).

Ø      Unlimited, no charge ATM transactions at all terminals (does not include surcharges).

Ø      Free Online Bill Pay.

Ø      No closing costs on a new Home Equity Line of Credit.

Ø      Early closing fee of $10 if closed within first three months.

Ø      Refer to Deposit Rates for current interest rates.

Ø      FDIC insured.

* Must maintain a minimum balance of $25,000 to obtain the services mentioned above at no charge. Regular charges for the services may apply in any month the balance is below $25,000.
 

Progressive Money Market ($10,000 deposit to open)

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Ø      $10,000 minimum balance required to avoid service charge.

Ø      $10 fee per statement cycle if at anytime the balance falls below minimum requirements and rate then reverts to savings rate.

Ø      You are allowed up to six preauthorized withdrawals per month.

Ø      Provides higher interest rate than interest checking accounts.

Ø      Personal and all business customers are eligible.

Ø      Early closing fee of $10 if closed within first three months.

Ø      Refer to Deposit Rates for current interest rates.

Ø      FDIC insured.

 

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Last Updated:  September 3, 2010