| Account Type | | Opening Deposit | Minimum Balance * | Monthly Service Charge | Check Writing Options | Interest Bearing |
|---|
| Free Checking | More» | $100 | None | None | Unlimited | No |
Free Checking
- $100.00 is required to open.
- There is no monthly service charge.
- Checks must be ordered from Arp State Bank.
- You will receive a monthly statement, but you will not receive images of the checks. If an image is needed, there will be a $2.50 charge per check.
- ATM/Debit Cards are available with a monthly fee of $2.00.
|
| Regular Checking | More» | $100 | $500 | Tiered rates if min. balance is not maintained | Unlimited | No |
Regular Checking
- $100.00 is required to open.
- The monthly service charge is based on the minimum balance during the month.
| $500.00 and over |
No charge |
| $400.00 - $499.99 |
$5.00 |
| $300.00 - $399.99 |
$6.00 |
| Below $300.00 |
$7.00 |
- Images of checks will be returned in the monthly statement.
- ATM/Debit Cards are available with a monthly fee of $2.00.
|
| Senior Checking | More» | $100 | $100 | $5 if min. balance is not maintained | Unlimited | No |
Senior Checking
- Ages 55 and over.
- $100.00 is required to open unless we set up direct deposit for social security check when the account is opened.
- There is no monthly service charge if the balance stays above $100.00, and a $5.00 monthly service charge if the balance falls below $100.00.
- First box of checks is free, then one order of checks per year is free.
- Images of checks will be returned in the monthly statement.
- ATM/Debit Cards are available with a monthly fee of $2.00.
|
| Student Checking | More» | $100 | None | None | Unlimited | No |
Student Checking
- Available to high school students or full-time college students.
- $100.00 is required to open.
- There is no monthly service charge.
- First 50 checks are free.
- Images of checks will be returned in the monthly statement.
- ATM/Debit Cards are available with a monthly fee of $2.00.
|
| Super NOW Account | More» | $1,000 | $1,000 | $7.50 if min. balance is not maintained | Yes, if min. balance is maintained | Yes |
Super NOW Account
- $1,000.00 is required to open.
- Corporations are not eligible to have this account.
- A monthly service charge of $7.50 will be imposed if the balance falls below $1,000.00 any day during the statement cycle.
- If the balance falls below $1,000.00 any day during the statement cycle there will be a per debit fee of $.25 for each debit in excess of 15 during the statement cycle.
- Interest begins to accrue on the business day that you deposit cash or non-cash items.
- Images of checks will be returned in the monthly statement.
- ATM/Debit Cards are available with a monthly fee of $2.00.
|
| Small Business Checking | More» | $100 | $750.00 | Tiered rates if min. balance is not maintained | Limit 50. $.25 charge per item in excess | No |
Small Business Checking
- $100.00 is required to open.
- The monthly service charge is based on both the balance and amount of activity.
| $750.00 and over |
No charge |
| $500.00 - $749.99 |
$7.50 |
| Below $500.00 |
$10.00 |
- Activity is limited to 50 debit items. If over 50, there will be a $.25 charge per item in excess.
- Images of checks will be returned in the monthly statement.
|
| Business Checking | More» | $100 | $3,500.00 | Tiered rates if min. balance is not maintained | Limit 100. $.25 charge per item in excess | No |
Business Checking
- $100.00 is required to open.
- The monthly service charge is based on both the balance and amount of activity.
| $3,500.00 and over |
No charge |
| $1,000.00 - $3,499.99 |
$7.50 |
| Below $1,000.00 |
$10.00 |
- Activity is limited to 100 debit items. If over 100, there will be a $.25 charge per item in excess.
- Images of checks will be returned in the monthly statement.
|
* Minimum balance required to avoid service charge.
