We understand that choosing the right checking account is an important decision. That's why we've designed each of our accounts with you in mind. At Charles River Bank, we've combined, value, convenience, and a high level of personal service, to provide you with a choice of checking accounts and services that are among the best in the area.
Checking Account Options
|Minimum Daily Balance||$25,000 Total Combined Deposit Balances or Total Combined Loan Balances||$5,000 Combined Deposit Balance or $1,000 Minimum Daily Balance||NONE|
|Monthly Maintenance Fee||$15 plus .25 per check if below Minimum Daily Balance||$7.50 plus .25 per check if below Minimum Daily Balance||FREE|
|Minimum to Earn Interest||$10||$500||–|
|Minimum Opening Deposit||$100||$100||$100|
|ATM Charles River Bank||FREE||FREE||FREE|
|ATM Non-Proprietary1||FREE||10 FREE per statement cycle then $1 each||10 FREE per statement cycle then $1 each|
|Debit MasterCard® Purchases||FREE||FREE||FREE|
|Click24 Online Banking||FREE||FREE||FREE|
|Click24 Bill Payer||FREE||FREE||FREE|
|Co-op Club Trips and Special Events||Premier Discount Pricing||Standard Pricing||Standard Pricing|
|Co-op Club Newsletter||FREE||FREE||FREE|
|Special CD Offers||YES||NO||NO|
|Loan Discount on Fixed Rate Consumer Loans||1/2% with Autopay||1/2% with Autopay||1/2% with Autopay|
|Discount on Mortgage Loan Closing Costs||$100||$100||–|
|1st Order of Checks2||FREE||FREE||FREE|
|Money Orders||Fee FREE||–||–|
|Treasurers Checks||Fee FREE||–||–|
|Travelers Checks||Fee FREE|
(checks for one)
|Safe Deposit Discount||25% for the 1st Year||–||–|
|Exclusive Coupon Offers||YES||–||–|
1. Other financial institutions may impose an ATM usage surcharge. Use ATMs that display the SUM Network logo for surcharge free use.
2. Wallet style DB, DG, DY, GS or equivalent value.
Overdraft Privilege Service
Rather than automatically returning unpaid any insufficient funds items that you may have, we will consider, without obligation on our part, payment of your reasonable overdrafts. You can benefit by this by avoiding high charges from merchants while giving you more flexibility in managing your funds. This is not a line of credit.
Deposit to Deposit Overdraft
Simply set up your accounts to have funds transferred from one account to another within our bank and avoid high overdraft fees.
Overdraft Line of Credit
- Minimum line of credit is $500
- Maximum line of credit is $1,500
- Overdraft summary included in your monthly checking account statement
- Minimum monthly payment based on your outstanding balance and current interest rate
- Choose to have minimum payment automatically deducted from your checking account or make your own payment each month