OptimumBank offers its customers the
right solutions to meet your financial needs today and in the
future. Individual needs and lifestyles call for different types of
checking accounts. We offer a broad range of accounts including:
no monthly maintenance fee with direct deposit, interest-bearing checking, accounts with low minimum
balance requirements, unlimited check-writing and more.
OptimumBank is participating in the FDIC’s
Transaction Account Guarantee
Program. Under that program, through December 31, 2010, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC
for the entire amount in the account. Coverage under the Transaction Account
Guarantee Program is in addition to and separate from the coverage available
under the FDIC’s general deposit insurance rules.
Regular
(Non-Interest) Checking
Requirements:
$100 minimum deposit to Open Account
Features
No monthly maintenance fee when you maintain a
$500.00 average daily balance or when you have direct deposit.
No per check charges
ATM card available
OptimumBank does not charge any ATM transaction fees to its
customers
Free first order of checks
FDIC Insured
Fees:
$10.00 monthly maintenance fee
Optimum
Checking
Requirements:
$100 minimum deposit to Open Account
$1000 minimum balance to Earn Interest
(Note: You must maintain a
minimum balance of $1,000.00 in the account each day to obtain the
disclosed annual percentage yield.)
Features:
No monthly maintenance fee when you maintain a $1,000.00 average
daily balance or when you have direct deposit
Interest Rate tiered by account balance, compounded daily, paid
monthly
Unlimited check writing privileges
No per check charges
ATM card available
OptimumBank does not charge any ATM transaction fees to its
customers
Free first order of checks
FDIC Insured
Fees:
$15.00 monthly maintenance fee
Restrictions and
Penalties:
You must maintain a minimum balance of $1,000.00 in the account each
day to obtain the disclosed annual percentage yield.
Money
Market Checking
Requirements:
$1000 minimum deposit to Open Account
$1000 minimum balance to Earn Interest
(Note: You must maintain a
minimum balance of $1,000.00 in the account each day to obtain the
disclosed annual percentage yield.)
Features:
No monthly maintenance fee when you maintain a $1,000.00 average
daily
balance or when you have direct deposit
Interest Rate tiered by account balance, compounded daily, paid
monthly
Free first order of checks
FDIC Insured
Fees:
$20.00 monthly maintenance fee
Restrictions and
Penalties:
Transaction limitations. During any monthly statement cycle, you may
not make more than six withdrawals or transfers to another account
of yours or to a third party by means of a preauthorized or
automatic transfer or telephone order or instruction, computer
transfer, or by similar order to a third party.
An excess transaction fee of $10.00 will be
charged for each debit transactions (withdrawal, check paid,
automatic transfer or payment out of this account) in excess of six
during a statement cycle.
©2010 OptimumBank.com
$100 minimum deposit to Open Account
