REWARDS CHECKING

Minimum Opening Deposit

$25.00

Statement Cycle

Monthly

Monthly Maintenance Fee

$0.00

Abandoned Property

$50.00 per account¹

LendingClub Fee to Use SUM or MoneyPass ATM (“In-Network ATMs”)

$0.00
Plus, no charge by ATM owner

LendingClub Fee to Use Out-of-Network ATM

$0.00
Plus, Unlimited Rebates of fees charged by ATM owner¹

Currency Conversion Fee

.20% of the transaction amount³

Cross Border (International) Transaction Fee

.90% of the transaction amount⁴

Expedited ATM / Debit Card

$35.00

Domestic Outgoing Wire (Consumer)

$20.00

International Outgoing Wire

$40.00

Stop Payment

$25.00

Daily Balance Computation Method -- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Your account earns interest on the entire account balance each day at the interest rate and annual percentage yield in effect for the appropriate balance tier. Accrued interest is credited to the balance in the account on the last business day of the statement cycle. We use a monthly statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle.

If you close your account before accrued interest, if any, is credited you will not receive the accrued interest.

The following chart shows the annual percentage yield (“APY”) and interest rate effective as of 04/20/2024. Interest rates and the annual percentage yield are variable and are subject to change without notice at any time, at the sole discretion of the bank.

$0.00 - $2,499.99

0.00%

0.00%

$2,500.00- $99,999.99

0.10%

0.10%

$100,000.00 and above

0.15%

0.15%

The Debit Card Rewards Program (“Cash Back Rewards”) provides 1.00% cash-back on all Qualified Purchases using a debit card tied to an Eligible Account.
Eligible Accounts are: Rewards Checking accounts that meet the following requirements for the calendar month in review:
(1) Maintain an average monthly balance of at least $2,500.00; or
(2) Receives at least $2,500.00 in Qualifying Direct Deposits.
Qualified Direct Deposits are defined as: Recurring Automated Clearing House (ACH) credits, including payroll, pension or government payments (such as Social Security) made by your employer, or an outside agency. We may require documentation to verify that credits are Qualifying Direct Deposits. Qualifying Direct Deposits do not include peer to peer payments or ACH transfers (funds transfers) from your external accounts.
Qualified Purchases are defined as: Signature-based purchases made using the debit card tied to an Eligible Account. These are “credit” purchases that can be made in stores and online. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases. The payment transaction type (signature-based or other) is ultimately decided by the merchant and is based on how the transaction is transmitted at the time of processing. Qualified Purchases do not include: (1) any goods or services purchased that are returned or otherwise credited to your Eligible Account; (2) unlawful purchases; or (3) purchases of currency, cash or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Checks, gift cards, cryptocurrency, casino chips, peer to peer payments, prepaid debit cards, account openings, loan payments, or other cash equivalents).
We may report the value of Cash Back Rewards to the IRS as required by law. Any client whose tax status would require us to impose tax withholding of any sort will not be eligible for Cash Back Rewards.
Accounts are reviewed after the end of each month. Any earned Cash Back Rewards will be credited to your account on or before the 10th calendar day of the next calendar month. The Eligible Account must be open and active at the time the Cash Back Reward is credited.

Eligibility

Account open for
30 days or less

Account open for
more than 30 days

Accounts that maintain an end of day Relationship Balance of >$2,000 for >7 consecutive calendar days⁶

Accounts that maintain an end of day Relationship Balance of >$10,000 for >30 consecutive calendar days OR >$30,000 for >7 consecutive calendar days⁶

Accounts that maintain an end of day Relationship Balance of >$50,000 for >60 consecutive calendar days OR >$150,000 for >7 consecutive calendar days⁶

Incoming External
Transfers ACH
(daily limit)

$5,000

$5,000

$250,000

$250,000

$250,000

Outgoing External
Transfers ACH
(daily limit)

$5,000

$5,000

$10,000

$50,000

$250,000

Mobile Deposit
(daily limit)

$20,000

$20,000

$50,000

$150,000

$250,000

Debit Card
Transactions
(daily limit)

$500

$2,000 signature-based
(“credit”) transactions
$2,000 PIN-based point
of sale transactions
$500 ATM withdrawal

$2,000 signature-
based (“credit”)
transactions
$2,000 PIN-based point
of sale transactions
$500 ATM withdrawal

$3,000 signature-based
(“credit”) transactions
$3,000 PIN-based point
of sale transactions
$1,000 ATM withdrawal

$4,000 signature-
based (“credit”)
transactions
$4,000 PIN-based
point of sale
transactions
$2,000 ATM withdrawal