Products & Services > Checking Accounts

Checkbook Balancer

Balance your checkbook with this quick and easy calculator.

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.