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Accounts: NOW Checking Account

NOW Checking Account


Description:

  • The NOW Checking Account pays you interest while providing you easy access to your money. 

Requirements:

  • Minimum deposit to open - $25

Benefits:

  • Account will earn interest at rate determined by the Community State Bank.
  • Interest will be credited to the account on a monthly basis*.

* Fees could reduce earnings on this account. Interest rate may change after the account is opened 

Cost:

The monthly service fee for the regular checking account is based off of a tiered rate and your average daily balance. Your average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
 
If the average daily balance equals: Monthly Account Fee:
Less than $100.00 $7.00 plus tax
$100.00 to $399.99 $6.00 plus tax
$400.00 to $699.99 $5.00 plus tax
$700.00 to $899.99 $4.00 plus tax
$900.00 and above Free
A.P.Y. = Annual Percentage Yield
Check the current A.P.Y and Interest Rate for this account

 

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