Checking
We have the account to fit your needs.
When it comes to personal banking, Readlyn Savings Bank offers a number of checking accounts to meet your individual needs. Choose the account that is the best fit for you.
| Regular Checking | Special Checking | NOW Checking | HI-FI Checking |
| Minimum Opening Deposit | $0 | $0 | $900 | $2,500 |
| Minimum Balance to avoid service charge | $500 daily or $750 avg for monthly cycle | $0 | $900 daily or $1,500 avg for monthly cycle | No service charge Balance below $2,500 earns saving account rate |
| **Monthly Service Charge | *5.00 & 40 free debits ($0.15 per debit in excess) | $0.25 per debit (withdrawal, check paid, auto-transfer or payment out of account) | $7.50 (if balance falls below minimum) 30 free debits ($0.15 per debit in excess) | Limit 6 transfers per month (by law) |
| Interest Bearing | No | No | Yes | Yes |
| Free Online Banking | Yes | Yes | Yes | Yes |
| Free Checking Imaging | Yes | Yes | Yes | N/A |
| Visa Debit Card | $1.00/month
Includes Fraud Monitoring | $1.00/month
Includes Fraud Monitoring | $1.00/month Includes Fraud Monitoring | $1.00/month Includes Fraud Monitoring |
* Please visit RSB for full details on our Regular Checking Account Tiered Service Charges.
** On ALL Checking Accounts, Point of Sale transactions are exempt from debit charge fees.
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Regular Checking Account
- No Minimum balance required
- Tiered Service Fee based on average monthly balance
- 40 Free debits per month ($0.15 per debit in excess)
Free online banking
- Free Checking Imaging
- Non-interest bearing
- Visa Debit Card with approval
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Special Checking
- No minimum balance required
- No monthly service charge
- $0.25 per debit (withdrawal, check paid, automatic transfer or payment out of account)
- Free online banking
- Free Checking Imaging
- Non-interest bearing
- Visa Debit Card with approval
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NOW Checking
- $900 Minimum opening deposit
- $7.50 monthly service fee if balance falls below $900 daily or $1,500 average balance
- 30 Free debits per month ($0.15 per debit in excess)
- Interest bearing account
- Free online banking
- Free Checking Imaging
- Visa Debit Card with approval
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Hi-Fi Checking
- $2,500 Minimum opening deposit
- No monthly service charge
- If balance falls below $2,500 and is more than $20, account earns regular savings rate
- Free online banking
- Limited to 6 transfers per month (by law)
- Typically considered a savings account, at other institutions it may be known as a Money Market, Super NOW or Super Saver Investment Account