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Checking Accounts
Rates Effective: February 1, 2012
| Account Type |
|
Minimum Deposit
to Open Account |
Minimum Balance
to Obtain APY |
Annual Percentage
Yield (APY) |
Interest Rate |
| Neighborhood NOW |
Variable
|
$50.00 |
$10.00 |
0.25% |
0.250% |
| Good Neighbor NOW |
Variable
|
$50.00
|
$10.00
|
0.25%
|
0.250%
|
| Golden (Senior) Neighbor NOW |
Variable
|
$50.00
|
$10.00
|
0.25%
|
0.250%
|
| Platinum (Senior) Neighbor NOW |
Variable
|
$50.00 |
$10.00 |
0.25% |
0.250% |
| Neighborhood Basic Checking |
|
$50.00
|
N/A
|
N/A
|
N/A
|
| Neighborhood Student Checking |
|
$5.00
|
N/A
|
N/A
|
N/A
|
Available for personal accounts only
| Neighborhood NOW |
Good Neighborhood NOW |
- FREE ON-LINE BANKING
- FREE ON-LINE BILL PAYMENT
- VISA® CHECK CARD
- PREMIUM INTEREST BEARING ACCOUNT
- 1st ORDER OF CHECKS FREE (maximum order of 200 standard checks)
- FREE TRAVELERS CHECKS
- 15 FREE ATM TRANSACTIONS PER STATEMENT CYCLE *
The minimum relationship balance required to avoid the monthly service charge is $2,500.00. The relationship balance equals the lowest balance of the Neighborhood NOW Account plus the lowest balance of ALL deposit accounts where the Tax Reporting Owner of the checking account is an owner or additional owner on the following accounts: any other checking account product, Certificate of Deposit account, Money Market account, Advantage Savings account, Savings account or IRA accounts.
If the minimum relationship balance falls below $2,500.00 within a statement cycle the month service charge of $14.95 will be assessed to the Neighborhood NOW Account.
|
- FREE ON-LINE BANKING
- FREE ON-LINE BILL PAYMENT
- VISA® CHECK CARD
- PREMIUM INTEREST BEARING ACCOUNT
- 1st ORDER OF CHECKS FREE (maximum order of 200 standard checks)
- FREE TRAVELERS CHECKS
- FREE SAFE DEPOSIT BOX (subject to availability)
- 20 FREE ATM TRANSACTIONS PER STATEMENT CYCLE *
- POTENTIAL ADDITIONAL BENEFITS (maintain a $5,000.00 relationship with Fraternity in related accounts and become eligible for our Neighborhood CD Accounts)
The Good Neighbor NOW Account requirement is a recurring Direct Deposit of a paycheck, pension or Social Security income electronically deposited into the Good Neighbor NOW Account each statement cycle. The Direct Deposit must be made by an employer or an outside agency. Transfers from one account to another or deposits made at a branch or ATM do not qualify as Direct Deposits. Failure to maintain a Direct Deposit into the Good Neighbor NOW Account will result in a $19.95 monthly maintenance fee charged to the Good Neighbor NOW Account. The relationship balance equals the lowest balance of the Good Neighbor NOW Account plus the lowest balance of all deposit accounts where the Tax Reporting Owner of the checking account is an owner or additional owner on the following accounts:any other checking account product, Certificate of Deposit account, Money Market account, Advantage Savings account, Savings account or IRA accounts.
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|
Golden (Senior) Neighbor NOW
|
Platinum (Senior) Neighbor NOW
|
- FREE ON-LINE BANKING
- FREE ON-LINE BILL PAYMENT
- VISA® CHECK CARD
- PREMIUM INTEREST BEARING ACCOUNT
- ONE ORDER OF CHECKS FREE (maximum order of 200 standard checks)
- FREE TRAVELERS CHECKS
- FREE SAFE DEPOSIT BOX (subject to availability)
- 20 FREE ATM TRANSACTIONS PER STATEMENT CYCLE *
The Golden Neighbor NOW Account requirement is that the primary account owner must be 55 years of age at the time the account is opened and must maintain a minimum $2,500.00 relationship balance to avoid the $14.95 monthly service charge. The relationship balance equals the lowest balance of the Golden (Senior) Neighbor NOW Account plus the lowest balance of all deposit accounts where the Tax Reporting Owner of the checking account is an owner or additional owner on the following accounts:any other checking account product, Certificate of Deposit account, Money Market account, Advantage Savings account, Savings account or IRA accounts.
|
- FREE ON-LINE BANKING
- FREE ON-LINE BILL PAYMENT
- VISA® CHECK CARD
- PREMIUM INTEREST BEARING ACCOUNT
- FREE CHECKS FOR LIFE
- FREE TRAVELERS CHECKS
- FREE SAFE DEPOSIT BOX (subject to availability)
- 20 FREE ATM TRANSACTIONS PER STATEMENT CYCLE *
- ELIGIBLE FOR OUR NEIGHBORHOOD CD ACCOUNTS
The Platinum Senior Neighbor NOW Account requirement is that the primary account owner must be 55 years of age at the time the account is opened and must maintain a recurring Direct Deposit of a paycheck, pension or Social Security income electronically deposited into the Platinum Neighbor NOW Account to avoid the $14.95 monthly service charge. The Direct Deposit must be made by an employer or outside agency. Transfers from one account to another or deposits made at a branch or ATM do not qualify as Direct Deposits.
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Neighborhood Basic Checking
|
Neighborhood Student Checking
|
- FREE ON-LINE BANKING
- NO MINIMUM BALANCE REQUIREMENTS
- FREE TRAVELERS CHECKS
- 4 FREE ATM TRANSACTIONS PER STATEMENT CYCLE *
|
- FREE ON-LINE BANKING
- FREE ON-LINE BILL PAY
- 10 FREE ATM TRANSACTIONS PER STATEMENT CYCLE *
- ONE FREE ORDER OF CHECKS PER YEAR (MAXIMUM ORDER OF 200 STANDARD CHECKS)
Available for students ages 17 to 25, students under the age of 18 must open the account with a parent or legal guardian, original birth certificate or valid photo identification must be provided at account opening, account will convert to a Neighborhood Basic Checking 5 years after account opening, unless evidence of continuing education is submitted
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* ATM Transactions are defined as pinned based transactions.
Average Daily Balance, if your daily balance is at least this amount the quoted APY will be obtained. However other charges may apply as contained in the account disclosure for each type of account.
Your Interest Rate and APY may change after Opening.
FOR MORE INFORMATION PLEASE SEE ONE OF OUR NEW ACCOUNT REPRESENTATIVES AT ANY OF OUR 4 LOCATIONS!!
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