Products & Services > Checking Accounts
Checkbook Balancer
Community Free Checking
- $100.00 minimum is required to open this account
- You must accept an email statement with check images to qualify for this account.
- There is no monthly service charge associated with this account
- Includes unlimited check writing
- Participants of E-Banking receive free Bill Pay
- You are eligible for a Visa Check Card
- May apply for Guardian Overdraft Privilege (Overdraft fees may apply)
- If you receive a direct deposit, you will receive special wallet style checks at no additional charge
- If you do NOT receive a direct deposit, the first box of checks will be free, after that, the regular charge for printed checks applies
- This account will become dormant after a period of 6 months with no activity
- A dormant fee of $6.00 will be applied each month the account remains inactive.
55 Grand
- $100.00 minimum is required to open this account
- You must be at least 55 years of age to qualify
- Interest bearing account
- We use the daily computation method to calculate the interest on this account. This method applies a daily periodic rate to the collected balance in the account each day. Earned interest is credited to your account monthly
- If your daily ledger balance is $500.00 or more, you will accrue interest at the advertised passbook savings rate for each day your balance is above $500.00, payable at the end of each monthly statement cycle
- There is no monthly service charge associated with this account
- Includes unlimited check writing
- If you receive a direct deposit you will receive special 55 Grand wallet style checks at no additional charge
- If you do NOT receive a direct deposit, the first box of checks will be free, after that, the regular charge for printed checks applies
- Participants of E-Banking receive free bill pay
- You are eligible for a Visa Check Card
- May apply for Guardian Overdraft Privilege (Overdraft fees may apply)
- This account will become dormant after a period of 6 months with no activity
- A dormant fee of $6.00 will be applied each month the account remains inactive
Club
- $100.00 minimum is required to open this account
- This account provides a variety of services plus accidental death/disbursement insurance
- Special Club wallet style checks at no charge
- Includes unlimited check writing
- Notary Services are free to Club Members
- Standard Club Plan is $9.00 monthly
- Family Plan is $10.00 monthly
- If you are 62 years of age OR the recipient of Social Security Disability, you qualify for the Senior Standard Club Plan which is $4.50 monthly, or the Senior Family Plan, which is $5.00 monthly
- This account will become dormant after a period of 6 months with no activity
- A dormant fee of $6.00 will be applied each month the account remains inactive.
Regular
- $100.00 minimum is required to open this account
- Includes unlimited checking
- If daily ledger balance is $600.00 or more you will receive NO monthly service charge
- If daily ledger balance is less than $600.00, but more than $499.99, your account will be assessed a $6.00 monthly service charge
- If daily ledger balance is less than $500.00 but more than $299.99, your account will be assessed at $7.00 monthly service charge
- If daily ledger balance is less than $300.00, your account will be assessed an $8.00 monthly service charge
- This account will become dormant after a period of 6 months with no activity
- A dormant fee of $6.00 will be applied each month the account remains inactive.
MMDA
- $100.00 minimum is required to open this account
- Interest bearing account
- We use the daily computation method to calculate the interest on this account. This method applies a daily periodic rate to the collected balance in the account each day. Earned interest is credited to your account monthly.
- If daily ledger balance falls below $2500.00, your account will accrue interest at the passbook savings rate and will be assessed a monthly service charge of $9.00
- There is a regulatory limit of six (6) transfers and withdrawals from your MMDA account per calendar month or statement cycle, including check, draft, debit card, or similar order to a third party, preauthorized, automatic, and telephonic transfers, and transfers originated from a personal computer. Transfers and withdrawals requested by mail, in-person, or at an ATM are without limitation. A fee will be imposed for overdrafts created by checks, in-person withdrawals, ATM withdrawal, or by other electronic means as applicable
- This account will become dormant after a period of 6 months with no activity
- A dormant fee of $6.00 will be applied each month the account remains inactive.
Now
- $100.00 minimum is required to open this account
- Interest bearing account
- We use the daily computation method to calculate the interest on this account. This method applies a daily periodic rate to the collected balance in the account each day. Earned interest is credited to your account monthly
- If daily ledger balance falls below $2000.00, no interest will accrue for the period of time that the balance is below said amount, and you will be assessed a monthly service charge of $9.00 in addition to .25 cents per item for all items over fifteen.
- This account will become dormant after a period of 6 months with no activity.
- A dormant fee of $6.00 will be applied for each month the account remains inactive.
Health Savings Account
- $100.00 minimum is required to open this account
- You will be assessed an initial setup fee of $15.00
- You will incur a $1.00 monthly service charge for the life of the account
- You must maintain a balance of $10.00 in the account to keep it open
- This account will not be assessed a dormant fee should the account become dormant
Senior Citizens
- $100.00 minimum is required to open this account
- Must be 62 years of age or recipient of social security disability to qualify.
- If daily ledger falls below $200.00, a monthly service charge of $3.00 will be applied
- Includes unlimited check writing
General Disclosure for all accounts: Other fees may apply to the above accounts, such as insufficient funds fee, overdraft fee, stop payment fee, etc. Refer to the Services & Fees page on this website or the Bank of New Madrid Fee Schedule brochure for full disclosure of other fees.
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