Good Neighbor Checking Account
Details:
- Account may be opened with a deposit of $250.00 or more.
- No minimum daily balance requirement.
- No monthly service charge.
- No per-check charges.
- A statement of activity is provided monthly.
- No interest is paid on this account.
No-Minimum Checking Account - Senior Citizen (60+)
Details:
- Account may be opened with a deposit of $100.00 or more.
- No minimum daily balance required.
- No monthly service charge.
- No per-check charge.
- Statement of activity is provided monthly.
- No interest is paid on this account.
- Hoyne Specialty checks are available in wallet or duplicate for free.
Now Checking
Details:
- Account may be opened with a deposit of $500.00 or more.
- A minimum daily balance of $500.00 is required to avoid a monthly service charge.
- No per-check charges.
- This is a variable rate account which means that the interest rate and annual percentage yield may change at any time at our discretion.
- Effective dated transactions and service fees may reduce your annual percentage yield.
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal balance in the account each day.
Super Now Account
Details:
- Account may be opened with a deposit of $2,500.00 or more.
- A minimum daily balance of $2,500.00 is required to avoid a monthly service charge.
- No per-check charges.
- This is a variable-rate account which means that the interest rate and annual percentage yield may change at any time at our discretion.
- Effective dated transactions and service fees may reduce your annual percentage yield.
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal balance in the account each day.
Tiered Money Market Account
Details:
- Account may be opened with a deposit of $1,000.00 or more.
- A minimum daily balance of $1,000.00 is required to avoid a monthly service charge.
- This is a tiered variable-rate account which means that the interest rate and annual percentage yield may change at any time at our discretion.
- Effective dated transactions and service fees may reduce your annual percentage yield.
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal balance in the account each day.
- The number of preauthorized or automatic transfers, third-party checks or Point-of Sale withdrawals (which are considered to be preauthorized transfers) per statement cycle are limited by Federal Law.
- A minimum deposit of $100.00 or more is required. A minimum withdrawal of $100.00 either in person or by check is generally accepted. Checks written for less than $100.00 may be paid, but a service fee may be charged.
Please refer to our current Terms and Conditions of your Deposit Accounts booklet and our current Schedule of Fees regarding these accounts.
Checking Account Comparison
| Account Details | Good Neighbor Checking | No-Minimum Checking Account | Now Checking | Super Now Account | Tiered Money Market Account |
|---|---|---|---|---|---|
| Minimum Opening Balance | $250 | $100 | $500.00 | $2,500.00 | $1,000.00 |
| Minimum Balance to Avoid a Monthly Service Charge | $0.00 | $0.00 | $500.00 | $2,500.00 | $1,000.00 |
| Variable Rate | No interest is paid on this account. | No interest is paid on this account. |  The daily balance method is used to calculate the interest on your account. | The daily balance method is used to calculate the interest on your account. | The daily balance method is used to calculate the interest on your account. |
| Below Minimum Balance Fee | No Minimum Balance Fee | No Minimum Balance Fee | $10.00/mo. | $10.00/mo. | $10.00/mo. |
