PERSONAL CHECKING ACCOUNTS
Covenant First
Covenant First is our totally free checking account. The minimum deposit to open this account is $100. There is no minimum balance requirement after opening this account. This account does not provide checks, or check images, with the monthly statement.
Basic Checking
Basic Checking is a traditional checking account with unlimited check writing privileges. The minimum deposit to open this account is $100. There is no minimum balance requirement; monthly service charges will be $5.00 per month and $0.20 charge for each check posted to the account.
Regular Checking
Regular checking requires $250.00 to open the account. A daily minimum balance of $250.00 is required otherwise a monthly service charge of $10.00 will be assessed. This account offers unlimited check writing.
NOW Checking
Interest bearing checking account that rewards customers on deposits and credit balances maintained in their accounts. $1,000 deposit to open this account. The monthly maintenance fee of $15 will be waived if the daily minimum balance does not fall below $750.
Electronic Transfer Account (ETA)
Are you receiving a salary, benefit or retirement payment from the federal government? If you are, it is now possible to have that payment come directly to the bank. Introducing ETA, the Electronic Transfer Account from the U.S. Department of the Treasury. With ETA your payments are deposited directly into your account, that means no more waiting in long lines to cash your check or waiting for checks to clear. If you're receiving a check from Social Security, Supplemental Security, Veterans benefits, Retirement payments or even a federal salary, you should consider Direct Deposit. A monthly fee of $3.00 will be charged each month.
Senior Citizen Checking
If you are 62+ years of age, consider opening a Senior Citizen Checking account. The initial deposit is $100. This account allows you to write 10 checks per month free. Checks written in excess of ten are charged $0.20 per check.
