| Checking Comparison
Chart |
|
|
|
| Recommended For: |
Customers who
write a moderate number of checks & want to enjoy other
no charge bank services. Signature line of credit is optional. |
Customers who
write a moderate number of checks, and maintain $100 balance
for no monthly service charge. Signature line of credit
is optional. |
Customers who want to save money on monthly service charges
and need the convenience of writing checks. Signature
line of credit is optional.
|
| CHECKS
|
| Checks |
Selected
Checks
Available at No Charge |
1st
Order Selected Checks Free |
1st
Pad Free |
| Unlimited
Check Writing |
Yes |
Yes |
Yes |
| Check
Images |
No Charge |
No Charge |
|
Closing
Fee
(if account is closed within 90 days of opening)
|
$29.99 |
$29.99 |
$29.99 |
| ATM/DEBIT
CARD
|
| ATM/Debit
Card Free (1st card only) |
Yes |
Yes |
Yes |
| OPENING
BALANCE
|
| Minimum
Opening Balance |
$100
|
$100 |
$25 |
| MAINTAIN
MINIMUM BALANCE
|
| |
$0 |
$100 |
$0 |
| SERVICE
CHARGE
|
| Service
Charge |
$5 |
$0
($7 if drops below $100) |
$2
unless e-statement chosen |
| INTEREST
BEARING
|
| Interest
Paid on Available |
$1,000
+ |
$1,000 + |
|
| STATEMENTS
|
| E-statement |
Yes |
Yes |
Yes |
| EXTRA
FEATURES
|
| Online Banking |
Yes |
Yes |
Yes |
| Online Bill pay |
Yes |
Yes |
Yes |
| Telebank |
Yes |
Yes |
Yes |
| Cashier's
Checks |
Yes |
$2.99 |
$4.99 |
| Money
Orders |
Yes |
$2.99 |
$4.99 |
| Travelers
Checks |
Yes |
$2 per $100 purchase |
$2 per $100 purchase |
| Notary Service |
Yes |
$1 |
$1 |
|
Account |
|
|
|
Recommended
For |
Customers who want to earn interest on
their deposits and write a low number of checks.
|
Customers who want to maximize earnings
on their deposits.
|
Customers who want to earn interest on
their deposits and also want convenient access to their funds.
|
Minimum
Initial
Deposit |
$2,500.00 |
$2,500.00 Under 12 Months
$500.00 Over 12 Months |
$100.00 |
| Statement
Cycle |
Monthly |
Term |
Quarterly |
Special
Features |
- Unlimited deposits and 6 transactions per cycle
- Interest on account, 4 tiers available
- SoyBank Anywhere Online Banking
- TeleBank 24 Hour Account Information
|
- Interest Compounded and Credited Semi-Annually or Credited
to an Account of Your Choice
- Fixed Interest Rate and Annual Percentage Yield (APY)
- Terms Available Ranging From 7 Days to 60 Months
- Convenient Automatic Renewal
|
- 6 Preauthorized telephone or Automatic Transfers per
month
- Interest Compounded and Credited Each Quarter
- Automatic Savings Plan Available
- ATM Card Available
- 24 Hour Account Information Through TeleBank
|
Service
Charges
& Other Fees |
$10.00 Monthly Service Charge if Balance Falls Below $2,500.00
Any Day of Cycle
$5.00 Fee for Each Debit Transaction in Excess of 6 During
Monthly Statement Cycle |
Substantial Penalty for Early Withdrawal |
$5.00 Service Charge if Balance Falls Below $100.00 Any
Day of the Month
After 3 Withdrawals Per Month, $2.00 Per Withdrawal
|
