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Personal Banking
By providing a variety of services for your personal use, Preferred
Bank is ready to assist you with your needs.
Personal Checking
- $900 to open
- $8.00 monthly service charge
- $0.20 per check
- $900 average collected balance to avoid a service charge and
per check charge
- Unlimited check writing
Personal Money Market
- Interest-bearing account
- $2,500 to open
- $10 monthly service charge
- $2,500 average collected balance to avoid a service charge
- Limited to no more than six transfers and/or withdrawals to
another account or to a third party, and no more than three of the
transfers can be by check or telephone
- $10 excessive use fee for each transaction above the limitation
NOW
- Interest-bearing account
- $1,000 to open
- $7.50 monthly service charge
- $0.20
per check
- $2,000 average collected balance to avoid a service charge and per check
charge
- Unlimited check writing
Preferred NOW
- Tiered interest-bearing account
- $1,000 to open
- $2,000 average collected balance to avoid a service charge and per check charge
- $7.50 monthly service charge
- $0.20 per check
- Unlimited check writing
Personal Savings
- $200 to open
- $3 monthly service charge
- $200 average collected balance to avoid a service charge
- Limited to three withdrawals per cycle
- $1 excessive use fee for each transaction above the limitation
Preferred Savings
- $500,000 to open
- Limited to three withdrawals per cycle
- $10 excessive use fee for each transaction above the limitation
- Reserve the right to require at least fourteen days written
notice
We reserve the right
to require seven days notice in writing before each withdrawal from
an interest-bearing account other than a certificate of deposit.
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