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.
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
- Visa Debit Cards
- 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
- Visa Debit Cards
- 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.