Checking Accounts

At alliance, we make checking easy.

Alliance Bank offers many different types of checking accounts. We offer a variety of traditional checking or interest bearing accounts. Whether it is Worry Free checking, Flex Checking that has competitive interest rates or even a Senior Citizen Now Account.

Worry-Free Checking

This type of account is non-interest earning and is limited to individuals only. Your cancelled check images will not be printed with your monthly statement; however if you need a copy of a check Alliance Bank will provide one for you. It includes unlimited transactions and has no service charge or per check charge. Truly an account you don't need to worry about.

Requirements

  • Minimum deposit to open - $20.

Benefits

  • No monthly service charge.
  • No minimum balance to maintain.
  • No per check processing fee.
  • No statement fee.
  • No transaction fee.

Cost

  • No monthly service charge unless balance becomes overdrawn.
Regular Checking

This account is a non-interest earning account with unlimited transactions. If you maintain an average daily balance of $300.00 or maintain a pre-assigned Savings Account (enrollment required) with a $1,000.00 daily balance there is no service charge. Your imaged checks are returned with your statement. It provides easy access to your money.

Requirements

  • Minimum deposit to open - $300.

Benefits

  • No monthly service charge for Senior Citizens 62 and over.
  • No monthly service charge Non-Profit organizations.

Cost

  • No service charge unless your average daily balance falls below $300. If balance falls below $300, a monthly statement fee of $3.50 will be imposed.
  • An item fee of 10 cents will be imposed on each debit posted to your account in excess of 25 during a statement cycle if balance is below the minimum average daily balance.
  • Service Charge waived if you maintain a pre-assigned Savings Account with a $1,000 daily balance. You must notify our staff if you would like this service charge waiver.
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.
SUPER NOW Checking

This account pays interest on your balance and provides easy access to your money. 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. SUPER NOW accounts are limited to individuals, certain non-profit organizations and governmental units. It includes unlimited transactions, no per check charge and imaged checks are returned with your monthly statement.

Requirements

  • Minimum deposit to open - $2,500.

Benefits

  • No monthly service charge if the average daily balance of $2,500.00 is maintained.
  • Imaged checks returned with monthly statement.
  • Unlimited transactions, no per check charge.
  • Interest earning account. Interest is tiered to pay more for larger deposit balances.

Cost

  • No service charge unless average daily balance falls below $2,500. If average daily balance falls below $2,500, a statement cycle service fee of $10.00 will be imposed.
  • You must maintain a minimum balance of $750.00 in the account each day to obtain annual percentage yield.
Flex Checking

This account pays interest on your balance and provides easy access to your money. 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. This type of account is limited to individuals. Your cancelled check images will not be printed with your monthly statement; however if you need a copy of a check Alliance Bank will provide one for you. It includes unlimited transactions and no per check charge. The Interest on this account will be compounded monthly and will be credited to your account monthly.

Requirements

  • Minimum deposit to open - $600.

Benefits

  • Unlimited transactions.
  • Interest Bearing Account. Interest is tiered to pay more for larger deposit balances.
  • No per check charge.

Cost

  • No service charge unless average daily balance falls below $300. If balance falls below $300, a statement cycle service fee of $5.00 will be imposed.
  • You must maintain a minimum balance of $600.00 in the account each day to obtain annual percentage yield.
Senior’s 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. Or a member of our 49 & Holding Club.
  • This is an interest bearing account, interest will be compounded monthly and will be credited to the account monthly at statement date.

Cost

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

This account pays interest on your balance and provides easy access to your money. 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. Your imaged checks are returned with your monthly statement. The Interest will be compounded monthly and will be credited to the account monthly.

Requirements

  • Minimum deposit to open - $2,500.

Benefits

  • No monthly service charge if the average daily balance of $2,500.00 is maintained.
  • Imaged checks returned with monthly statement.
  • Interest earning account. Interest is tiered to pay more for larger deposit balances.

Limitations

  • You may make six (6) transfers from your account each four (4) week or similar period, if by pre authorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Cost

  • No service charge unless average daily balance falls below $2,500. If balance falls below $2,500, a statement cycle service fee of $10.00 will be imposed.
  • You must maintain a minimum balance of $750.00 in the account each day to obtain annual percentage yield.