Checking Accounts
For most people, a checking account is one of the most basic and widely used financial services available. At Somerset Hills Bank we offer a wide range of checking accounts to help you manage your personal finances.
From our Regular Checking to our Paramount Checking Account that pays a premium tiered rate on your account balance with additional money management benefits, we have a checking account for you. In addition to competitive fees and interest rates, any one of our checking accounts can be linked to a VISA Check Card or ATM Card. Also, if you qualify, our Check Line Account can be linked to your checking account to provide you with overdraft protection.
Whatever your check writing needs, we can help you manage your finances easily and efficiently.
Paramount Checking
Paramount Checking is a high-yield money management account that combines savings and checking. You will earn a premium tiered interest rate on your account balances with unlimited check-writing privileges and additional benefits to make managing your money easier.
- Free personalized checks
- Maintain a minimum daily balance of $5,000.00 to avoid a monthly maintenance fee.
- If your balance falls below $5,000.00, the monthly maintenance fee is $15.00.
- Interest is compounded daily and credited to your account monthly.
- Unlimited check-writing privileges
- Free Visa Check Card
- Fee-free 3x5" safe deposit box
- Five ATM surcharge rebates per month, up to a maximum of $10.00 per month.
- Special rates on select certificates of deposit
- Free telephone banking
- Free bill payment
APYs effective as of October 9, 2008
| Product |
Balances |
Interest Rate |
Annual
Percentage
Yield (APY) |
| Paramount Checking |
$0.01 to $4,999.99 |
0.25% |
0.25% |
|
$5,000.00 and above |
1.49% |
1.50% |
|
|
|
|
This is a variable rate
account and the Interest Rates and APY are subject to change at
anytime. Fees could reduce earnings on the account.
You must maintain the minimum balance indicated to receive the disclosed APY.
Regular Checking
Enjoy totally free checking with our Regular Checking Account.
- No minimum balance requirement
- No monthly maintenance fee
- Unlimited check writing privileges
- First order of 50 checks is free
- Free Visa Check Card or ATM Card
NOW Checking
Earn interest on your checking account balances with unlimited access to your money.
- Maintain a minimum daily balance of $1,000.00 to avoid a monthly maintenance fee.
- If your balance falls below $1,000.00, the monthly maintenance fee is $6.00.
- Interest is compounded daily and credited to your account monthly.
- Unlimited check writing privileges
- First order of 50 checks is free
- Free Visa Check Card or ATM Card
APYs effective as of October 9, 2008
| Product |
Balances |
Interest Rate |
Annual
Percentage
Yield (APY) |
| NOW Checking |
All Balances |
0.25% |
0.25% |
This is a variable rate account and the Interest
Rates and APY are subject to change at anytime. Fees could reduce
earnings on the account.
You must maintain the minimum
balance indicated to receive the disclosed APY.
Top
Super NOW Checking
Earn tiered interest on your checking account balance where the higher your balance the more you earn.
- Maintain a minimum daily balance of $2,500.00 to avoid a monthly maintenance fee.
- If your balance falls below $2,500.00, the monthly maintenance fee is $12.00.
- Interest is compounded daily and credited to your account monthly.
- Unlimited check writing privileges
- First order of 50 checks is free
- Free Visa Check Card or ATM Card
APYs effective as of October 9, 2008
| Product |
Balances |
Interest Rate |
Annual
Percentage
Yield (APY) |
| Super NOW Checking |
$0.01 to $2,499.99 |
0.25% |
0.25% |
|
$2,500 to $9,999.99 |
0.25% |
0.25% |
|
$10,000.00 and above |
0.25% |
0.25% |
This is a variable rate account and the Interest
Rates and APY are subject to change at anytime. Fees could reduce
earnings on the account.
You must maintain the minimum
balance indicated to receive the disclosed APY.
Top
|
