Crown Bank offers a variety of private checking and savings account options designed to meet your banking needs.
CROWN CHECKING
This is our premier checking account. You'll earn
higher rates on collected balances over $25,000.
There is no monthly service charge when you
maintain a $25,000 average balance. Accounts not
meeting the average balance requirement are subject
to a $20 monthly service charge. This account also
features free checks: choose from a variety of check
styles. We reserve the right to limit quantities.
REGULAR CHECKING
This account is our economy checking account for
those customers that maintain lower balances. Keep
a $300 minimum balance in your account and there
is no monthly service charge. Accounts that do not
meet this minimum balance are assessed a $7 monthly
service charge.
INTEREST CHECKING
This is our low minimum balance account for those
customers who want to earn interest on their
checking account balances. Interest is earned daily
and compounded monthly. There is no monthly service
charge when you maintain a $500 minimum balance
in your account. Accounts that do not meet this
minimum balance are assessed an $8 monthly
service charge.
REGULAR SAVINGS
This is our basic savings account for customers that
want an easily accessible and secure cash reserve.
The account requires a $50 minimum deposit to
open. A $3 monthly service charge is assessed when
the average monthly balance is less than $50. Interest
is earned daily and paid quarterly.
HEALTH SAVINGS ACCOUNT
Our tax-exempt account established for the purpose of
paying or reimbursing qualified medical expenses for you,
your spouse, and your dependents. The account requires
$100 to open and a $2 service charge will be imposed
every month regardless of the minimum balance
maintained in the account. Interest is earned daily and
paid monthly.
MONEY MARKET ACCOUNT
This is the savings account for customers that want
ready account access and who wish to earn higher
interest rates on their funds. The account has a $1,000
minimum opening requirement. Interest is earned daily
and paid monthly. Current interest tiers are: $0 to
$24,999; $25,000 to $99,999; $100,000 to $249,999;
and $250,000 and over. This account has a $5 monthly
service charge if the balance falls below $1,000.
TIME DEPOSIT ACCOUNT
Our time deposit accounts are designed for customers
with funds to invest for longer terms. The account is
offered with maturities up to 48 months. A minimum
deposit of $1,000 is required to open an account.
Interest is earned daily and is paid annually or at
maturity. A substantial penalty may be charged for
withdrawals prior to the account maturity date. Time
deposit accounts are available for customers with
retirement funds-both Traditional and Roth IRA
products are available.
ACCOUNT FEATURES AND OPTIONS
Statement Delivery
Checking and savings account statements are delivered
electronically each month. A mailed statement is available
upon request.
ATM Cash Card & Check/Debit Card
This enhanced card is accepted at ATM terminals and
thousands of locations wherever the VISA® debit card is
welcome. It's the convenient way to get cash and make
purchases without using checks. ATM fees may apply.
Purchases will be deducted at the time of purchase and
the transaction will be detailed on your monthly account
statement. A separate card application is required.
Internet Banking and Bill Pay
Complete your banking with our Internet Banking and Bill
Pay Service. It's convenient and secure. You can review
balances and transaction activity, make transfers between
accounts, access your monthly statements, and pay bills.
A separate application is required.
Crown Credit
Crown Credit is our check reserve credit line that attaches
to your checking account. It provides you with automatic
overdraft protection as well as a convenient source of
extra funds. Credit lines are available in increments of $500.
Funds are advanced in $100 increments when your checking
account balance drops below zero. Monthly payments are
automatically deducted from your checking account.
A separate application is required for Crown Credit.
Telebank Access Line
Telebank Access Line is a free service that lets you access
your account information 24 hours a day, 7 days a week,
using the telephone. You can inquire on balances and recent
transactions, and transfer funds between your accounts.
Direct Deposit and Bank By Mail
Save yourself a trip to the bank by taking advantage of the
safety and convenience of Direct Deposit or Bank By Mail.
Upon request, Bank By Mail customers can receive a return
envelope with a receipt for their transaction.
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