Regular Checking

Available to anyone age 18 or older.

Minimum Investment: Minimum deposit of $100.00 is preferred to open a regular checking account. No service charge will be imposed if the daily balance for the cycle remains above $100.00 A $5.00 service charge will be imposed if the $100.00 daily balance is not maintained.

Rate: This type of checking account does not accrue interest.

Benefits:

• Low minimum balance.
• Funds are completely accessible simply by writing a check.
• An unlimited number of checks may be written during the month without a penalty.
• Safe, easy way to pay bills.
• Debit card available.
• Direct deposit available.
• Monthly statements.
• Tie-in with statement savings accounts for one monthly statement.
• FDIC insures funds up to $250,000.00

Additional Benefits to Police Officers, Firemen and Disabled Persons:

• No service charge.
• Free checks (Limited styles available.)

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NOW Checking

Basic interest bearing checking account. Available to all consumers 18 or older, sole proprietorships, nonprofit organizations and nonprofit corporations.

Minimum Investment: A minimum deposit of $300.00 is required to open a NOW checking account. A minimum daily balance of $300.00 must be maintained to avoid a $5.00 service charge plus forfeiture of interest.

Rate: The interest rate and annual percentage yield may change at any time. [View Rates]

Benefits:

• Interest bearing account
• Funds are completely accessible simply by writing a check.
• An unlimited number of checks may be written during the month without a penalty.
• Safe, easy way to pay bills while earning interest.
• Debit card available.
• Direct deposit available.
• Monthly statements.
• Tie-in with statement savings accounts for one monthly statement.
• FDIC insures funds up to $250,000.00

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New Jersey Consumer Checking & Student Checking

Basic checking account available to all consumers 18 or older.

Minimum Investment: A minimum deposit of $50.00 is required to open a NJ Consumer or Student Checking Account. A minimum daily balance of $1.00 must be maintained to avoid a $3.00 service charge.

Rate: Non-interest bearing account.

Benefits:

• Low monthly balance requirement
• Free checks (Limited styles available.)
• Funds are completely accessible simply by writing a check.
• An unlimited number of checks may be written during the month without a penalty.
• Safe, easy way to pay bills.
• Direct deposit available.
• Debit card available.
• Monthly statements.
• Tie-in with statement savings accounts for one monthly statement.
• FDIC insures funds up to $250,000.00.

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Money Market Checking

Interest bearing checking account. The higher daily balance requirements earn higher rates than a regular interest bearing account.

Minimum Investment: A minimum deposit of $2,500.00 is required to earn the highest interest. A minimum daily balance of $1,500.00 must be maintained to avoid a $15.00 service charge plus forfeiture of interest.

Rate: The interest rate and annual percentage yield are subject to change at any time. Balances between $1,500.00 and $2,500.00 earn a lower rate of interest. Balance under $1,500.00 does not earn interest.  [View Rates]

Benefits:

• Account is accessible without going to the bank
• No limit on the number of ATM withdrawals, internal transfers or cash withdrawals conducted in person.
• FDIC insures funds up to $250,000.00

Restrictions:

• A limit of 6 transfers per month can be conducted on this account with regards to preauthorized or automatic transfers (ACH), third-party check, telephone, fax, point-of-sale, and internet banking system transactions. A fee of $15.00 will be charged every statement period if the limit is exceeded.

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Gold Club Checking

Consumers 50 years of age or older qualify.
Available for Regular checking accounts, NOW checking accounts or Savings accounts.

 Benefits:

• Free Checks (Limited styles available.)
• Free Debit card usage at all ATM machines (other bank charges may apply.)
• Free American Express Traveler's checks (single signer.)
• Free Cashier's Checks and Money Orders.
• Free Safe Deposit Box for one year (limited to 2x5 and 3x5.)
• For Regular checking accounts ONLY, no minimum daily balance requirement or service charges.

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