Personal Checking
Please see our Schedule of Fees & Services for more details. A variety of checking accounts are available. We offer interest bearing and non-interest bearing accounts. Please contact your Charlevoix State Bank representative for current interest rates on our NOW and MMA accounts.
Free Checking
- Minimum opening deposit of $50.00.
- No minimum balance required.
- No monthly maintenance charge or per item fee.
- If there is no account activity for 12 months, a monthly dormant account fee of $5.00 will be assessed.
- Unlimited check writing.
- Free ATM/Debit card available.
NOW Checking (Interest-Bearing)
- Minimum opening deposit $800.00
- $10.00 maintenance charge if balance falls below $800.00 and no interest will be paid for the month.
- Interest is computed daily and paid monthly on accounts maintaining an $800.00 minimum balance each statement cycle.
- If there is no account activity for 12 months, a monthly dormant account fee of $5.00 will be assessed.
- Free ATM/Debit card available
- Unlimited check writing
Preferred NOW Checking (Interest-Bearing)
- Minimum opening deposit $10,000.00.
- $15.00 maintenance charge if balance falls below $10,000.00 and no interest will be paid for the month.
- Interest is computed daily and paid monthly on accounts maintaining a $10,000.00 minimum balance each statement cycle.
- If there is no account activity for 12 months, a monthly dormant account fee of $5.00 will be assessed.
- Unlimited check writing
- Free ATM/Debit Card
Money Market (Interest-Bearing)
- Minimum opening deposit $2,500.00
- $10.00 maintenance charge if balance falls below $2,500.00 and no interest will be paid for the month.
- Interest is tiered, computed daily and paid monthly monthly on accounts maintaining a $2,500.00 minimum balance each statement cycle.
Health Savings Account (Interest-Bearing)
- Alternative for medical expenses when you have a High Deductible Health Plan.
- Contributions may be tax deductible and qualified medical expenses are tax-free.
- Interest is computed daily and paid monthly on accounts maintaining a $500.00 minimum balance each statement cycle.
- Unlimited check writing for medical expenses.
- Free Debit Card for medical expenses.
All deposits are insured up to $250,000 by the FDIC, subject to FDIC rules and requirements. A brochure outlining your coverage options is available for your guidance.