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NOW Checking

This account pays interest on your balance. Alliance Bank may at any time require prior written notice of intent to withdraw, but until such notice is required, withdrawals may be made at any time. NOW accounts are limited to individuals, certain non-profit organizations and governmental units. There is no limit on Transactions, no per check charge and imaged checks are returned with monthly statement. Great Account!

Requirements

  • Minimum deposit to open - $500.

Benefits

  • No monthly service charge for Senior Citizens 62 and over.

  • This is an interest bearing account, interest will be compounded monthly and will be credited to the account monthly at statement date.

Cost

  • No service charge unless average daily balance falls below $500. If average daily balance falls below $500, a statement cycle service fee of $7.50 will be imposed.

  • You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield.

 

 

 

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