The NOW Account (Negotiable Order of Withdrawal) is a checking account, which earns interest. It is available to individual and joint depositors. There is a $6 monthly service charge if on any day, the account balance goes below $300.
This is an FDIC insured deposit. Interest is earned on this account, and is compounded daily and credited to the account monthly. The minimum deposit to open this account is $100. There is no minimum balance, however a $6 monthly service charge will be charged if the account balance falls below $300 on any day during the month. Additional deposits or withdrawals can be made at any time. All deposits are subject to collection before withdrawal. The depositor receives a monthly statement, which is a record of deposits and withdrawals. Direct deposits (such as payroll, pension or social security checks) can be made to this account. The depositor is eligible to receive a free ATM card or Visa Debit Card. Personalized checks are available at a reasonable fee. The depositor receives free access to the telephone banking system. Please call for additional details.
Current rates can be found on our rate sheet. A $25 service charge is assessed for any check presented for payment against insufficient funds. A $15 charge is assessed for a stop payment order on any check. A $10 charge is assessed for the certification of a check.
This checking account was mandated by the State of New Jersey to ensure access to checking services for individuals of low to moderate income, who were not able to meet the minimum balance requirements imposed by many banks. After a minimum opening deposit of $50 and a monthly service charge of $3, a depositor is permitted unlimited deposits and withdrawals, with no balance requirements. Eight (8) free checks may be written per monthly cycle period. Additional checks written in excess of 8 will be charged and additional $.50 per check. The account must maintain a minimum daily balance of $1 to remain active.
This is an FDIC insured deposit. No interest is earned on this account. The minimum deposit to open this account is $50. Additional deposits or withdrawals can be made at any time. All deposits are subject to collection before withdrawal. The depositor receives a monthly statement, which is a record of deposits and checks. Direct deposits (such as payroll, pension or social security checks) can be made to this account. There is a monthly service charge of $3. Personalized checks are available at a reasonable fee. The depositor receives free access to the telephone banking system. Please call for additional details.
No interest is earned on this type of account. There is a monthly service charge of $3. A $25 service charge is assessed for any check presented for payment against insufficient funds. A $15 charge is assessed for a stop payment order on any check. A $10 charge is assessed for the certification of a check.
This account is recommended for those depositors who maintain a higher balance.
This is an FDIC insured deposit that has deposit tiers. Interest is paid on the full balance in the account at the rate that corresponds to that deposit tier. If the balance falls below the minimum requirement, the rate will be adjusted to the current NOW account rate. You may make six (6) transfers from your account to a third party per monthly cycle period. The six (6) transfers limit refers to “preauthorized transactions” and includes third party checks, drafts and debit cards, including point of sale (POS) transactions. In person transactions, including those conducted at an ATM are unlimited. With the Money Market Checking account, the depositor receives a monthly statement of transactions similar to a checking account. Interest on this account is compounded daily and credited monthly. The depositor is eligible to receive a free ATM card. The minimum balance that is required to open this account is $1000. All deposits are subject to collection before withdrawal. The depositor receives free access to the telephone banking system. Please call for additional details.
Current rates can be found on our rate sheet. A $25 service charge is assessed for any check presented for payment against insufficient funds. A $15 charge is assessed for a stop payment order on any check. A $10 charge is assessed for the certification of a check.
A checking account specifically designed for adults 50 years of age and older with no balance requirements or monthly maintenance fee.
This is an FDIC insured deposit. Interest is earned on this account, and is compounded daily and credited to the account monthly. The minimum deposit to open this account is $1. There is no minimum balance requirement or monthly service charge. Additional deposits or withdrawals can be made at any time. All deposits are subject to collection before withdrawal. The depositor receives a monthly statement, which is a record of deposits and withdrawals. Direct deposits (such as payroll, pension or social security checks) can be made to this account. The depositor is eligible to receive a free ATM card or Visa Debit Card as well as free specialty checks.Personalized checks are available at a reasonable fee. The depositor receives free access to the online banking, bill pay and telephone banking. Please call for additional details.
Current rates can be found on our rate sheet. A $25 service charge is assessed for any check presented for payment against insufficient funds. There is no charge for a stop payment order on any check as well as no charge for the certification of a check.
This account provides checking services for sole proprietors, partnerships, corporations and non-profit organizations. There are no per check fees or deposit fees. There is a monthly service charge of $10. Features
This is an FDIC insured deposit. It is available to sole proprietors, partnerships, corporations and non-profit organizations. No interest is earned on this account. The minimum deposit to open this account is $1. There is no minimum balance required, however a $10 monthly service charge will be charged. There are no per check charges. Additional deposits or withdrawals can be made at any time. All deposits are subject to collection before withdrawal. The depositor receives a statement and all paid checks, monthly. The depositor receives free access to the telephone banking system. Specialized checks are available at reasonable rates. Please call for additional details.
No interest is earned on this type of account. There are no per check charges on this account. However, a service charge of $10 will be assessed per month. A $25 service charge is assessed for any check presented for payment against insufficient funds. A $15 charge is assessed for a stop payment order on any check. A $10 charge is assessed for the certification of a check.
The State of New Jersey sets very specific requirements for attorneys who hold their client’s funds. Client’s monies held by an attorney must be deposited in an Attorney Trust Account, separate from the attorney’s operating funds. Interest on these trust funds must be paid to the State of New Jerseys IOLTA FUND. This law called IOLTA (interest on lawyer’s trust accounts) mandates the responsibilities of banks in handling IOLTA funds.
This is an FDIC insured deposit. It is available to attorneys holding client’s monies. Interest is computed on the monies in this account at the NOW account rate. This account meets the attorney’s IOLTA reporting requirements. Deposits or withdrawals can be made at any time. All deposits are subject to collection before withdrawal. The depositor receives a statement and all paid checks, monthly. The depositor receives free access to the telephone banking system. Specialized checks are available at reasonable rates. Reporting and interest payment is made to the State of New Jersey monthly. Please call for additional details.
Interest is paid at 60% of the Federal Funds Target Rate.