Your Choice Checking
Welch State Bank’s Your Choice Checking account is a basic checking with a small monthly service charge and UNLIMITED check writing. Our Your Choice Checking account is an interest-bearing account and you receive all of the following benefits:
Free Instant Issue Debit Card
Free Online Banking
Free Bill Pay
Free Mobile Banking
First Book of “Bank Checks” Free
No Minimum Balance
No per Check Charge
$50.00 Minimum Deposit to Open
Only $6.29 Monthly Service Charge for Mailed Paper Statements
Important Account Information – At Our Discretion, We May Change The Interest Rate For This Account. The Interest Rate On This Account Is 0.04% With An Annual Percentage Yield Of 0.04%.
The interest rate(s) and annual percentage yield(s) are accurate as of October 16, 2013. If you would like more current rate and yield information, please call us at (918)788-3373. The interest rate and annual percentage yield may change at any time.
Terms and Conditions
Fees may reduce earnings.
Compounding frequency – Interest will be compounded monthly.
Crediting frequency – Interest will be credited into this account monthly.
Effect of closing an account – If you close your account before interest is credited; you will not receive the accrued interest.
Daily balance computation method – Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on noncash deposits – Interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.
Minimum balance to open – The minimum balance required to open this account is $50.00.
Deposit limitations – You may make an unlimited number of deposits into your account.
Bonus – You may receive a Thank You gift as a bonus provided at account opening. A premature account closing fee of $10.00 will be charged if the account is closed within 90 days of account opening date.
Additional Terms – The following additional terms apply to this account: Overdraft fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means: provided, however, overdraft fees created by ATM or everyday debit card transactions will not apply unless the account owner affirmatively consents to the overdraft service for such transactions.