Checking Accounts

On all our checking accounts the statements will be mailed to you each month with your transactions in image form.  All checks are safely destroyed.

Contact us for our current Truth-in-Savings Disclosure for more details on any of these accounts.


Personal Checking

This account has unlimited check writing.  This account requires a minimum deposit of $100.00 to open the account and there is a monthly maintenance fee of $1.00 if your account falls below $200.00 any day of the cycle and a per item fee of $0.15 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment) out of this account.  This fee does not apply to senior citizens 62 years of age or older, minors age 18 or under, full-time students up to age 24 or Mortgage Advantage Plan Members.  A VISA Debit Card is available with bank approval.

Elite Club Checking

This account has many wonderful services to offer for a small monthly fee of $4.00/month, such as:

• Checking with no minimum balance

• A selection of checks that we will purchase at no charge to you

• $10,000 accidental death, dismemberment and loss of sight insurance. (additional accountholders can be insured for an additional $1.35/month)

• Travel Dividends

• Car Rentals

• No fees for purchasing money orders, or cashiers checks

• No fees for limited amounts of photocopies

• Senior Citizen Discount on Elite Club membership

• A VISA Debit Card with bank approval
  

Mortgage Advantage Plan (M.A.P.) Checking Account

We reward our mortgage customers with the benefits of our M.A.P. Plan. You must have your home mortgage originated with the Necedah Bank to qualify for this account.

• No minimum balance checking account
• Unlimited check writing
• One free box of personalized checks (10% off subsequent check orders)
• No minimum balance savings account
• 20% discount on safe deposit box
  

Interest Bearing Checking Account

Our checking account that pays interest with the convenience of check writing

• Monthly statement
• Unlimited check writing
• Interest paid monthly
  

A monthly maintenance fee of $5.00 will be charged and no interest paid if the minimum balance of $500 is not maintained.

Money Market Account

The Money Market Account is an interest bearing account which, generally earns higher rates than our Interest Bearing Account.  Convenient monthly statements.  There are transaction limitations* and minimum balances that apply.  This is a variable interest rate account so the interest rates and Annual Percentage Yields may change at any time.  Please contact us for a Truth-in-Savings disclosure and current rates.  A monthly maintenance fee of $10.00 can be waived by maintaining a minimum balance of $1,000.00.

*Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six (6) per statement cycle. (federal law).  

Money Market Index Account

A smart choice for customers able to maintain a $10,000 balance who want the ultimate combination of daily access and competitive market based interest rates.

• Interest credited monthly
• 6 preauthorized, automatic, or telephone transfers per month
• Unlimited over the counter withdrawals

A monthly maintenance fee of $10 can be waived by maintaining a minimum balance of $5,000.

Business Checking

Our business customers also have unlimited check writing privileges and convenient monthly statements in which they will have all transactions in image form.  Our business statements are cycled at month-end so they are available at the first of each month for bookkeeping purposes.  Please contact us for more details about this account and minimum balance requirements.

VISA Debit Card    

The Necedah Bank VISA Debit Card is available with any checking account, subject to bank approval. Use it instead of checks. This card can be used at a point of sale for purchases or at an ATM for cash withdrawal. Contact us for more details.