Far East National
Bank offers several checking plans, each with its own unique features
to fit your personal banking needs.
Checking Account Comparison
| Account Type |
Personal Checking |
Every1 Checking |
Personal NOW Checking
|
|
|
Bank the way you want to... |
A checking account with a low minimum opening deposit. |
An interest-bearing 1 checking account with free eBanking & billpay, no minimum balance, and no monthly fees |
An interest-bearing checking account with a low minimum opening deposit. |
|
| Minimum opening deposit |
$200 |
$100 |
$200 |
|
| Interest calculation |
•Non-interest
bearing |
•Variable
tiered rates
2 |
•Variable
rates 2 |
|
| Minimum daily balance to avoid monthly service & per item
charges |
$500 |
None |
$1,000 |
|
| Monthly service charge |
$6 |
$0 |
$6 |
|
| Per item fee |
$0.20
per debit |
None |
$0.20
per debit |
|
| Statement |
Monthly |
Monthly |
Monthly |
|
| Outstanding features |
•Low
minimum balance requirement |
•No
monthly fees |
•Low
opening deposit requirement |
|
| Other limitations |
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| 1. Account will earn the rate in effect on each day that your balance is $1,000 or more. Rate may be higher when your balance is $5,000 or more. |
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| 2. Interest rates may change from time to time without prior notice. |
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| 3. Surcharges and network fees may beimposed by other banks.
|
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| 4. Free first check order limited to standard style checks
|
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| Account Type |
Minimum Opening Deposit |
Minimum Balance to Obtain Annual Percentage Yield
|
Interest Rate |
Annual Percentage Yield* |
| Personal Checking |
$200 |
N/A |
N/A |
N/A |
| Every1 Checking |
|
|
|
|
| $5,000
and up |
$100 |
$5,000 |
0.60% |
0.60% |
| $1,000
to $4,999.99 |
$100 |
$1,000 |
0.35% |
0.35% |
| $0.01
to $999.99 |
$100 |
N/A |
N/A |
N/A |
| Personal NOW Checking |
$200 |
$1,000 |
0.50%
|
0.50%
|
|
Updated on: 05/6/08 |
|
|
|
|
| *APY - Annual Percentage Yield. APY is accurate
as of the updated date referenced above. Rates are subject to
change without notice. Fees could reduce earnings on the account.
Please check with our branches for updated account information
including our list of miscellaneous fees and charges. |
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