CHECKING
ACCOUNT FEATURES |
Value Plus
Checking |
Preferred
Checking |
Premiere
Checking |
Free
Checking |
|
Minimum Opening Deposit
|
$50 |
$100 |
$1000
|
$50
|
|
Interest Bearing
|
No |
Yes - Tiered Rates |
Yes - Tiered Rates
|
No
|
|
Interest Paid & Compounded
|
N/A |
Monthly |
Monthly
|
N/A
|
|
Statement Type |
Safekeep or Check Image |
Safekeep or Check Image |
Safekeep or Check Image
|
Safekeep
|
|
Monthly Service Charge |
(see fee schedule for details) |
(see fee schedule for details) |
(see fee schedule for details)
|
N/A
|
|
Min. Balance to Avoid Monthly Service Charge |
N/A |
$2,500 or combined deposit balances
of $10,000 |
$25,000
|
N/A
|
|
Transaction Limits
|
None |
None |
None
|
None
|
|
Account Perks |
▪ Free Club Style Checks
or $10 off other design
▪ Free Official Checks
▪ Discount on consumer loans w/auto deduction* |
▪ Free Club Style Checks
or $10 off other design
▪ Free Official Checks
▪ Interest bonus on CDs
▪Up to $10 off Annual Safe Deposit Box rental |
▪ 1 Free Box Premiere Checks/yr.
▪ Free Money Orders
▪ Free Cashiers Checks
▪ Interest bonus on CDs
▪$10 off Annual Safe Deposit Box rental
▪ Free Notary Service
▪ 1 Free Wire per Month |
N/A |
|
Online Banking + Bill Pay |
Free/ Unlimited |
Free/ Unlimited |
Free/ Unlimited |
Free/ Unlimited |
|
Telephone Banking |
Free |
Free |
Free |
Free |
|
Debit/ATM Card*** |
Free |
Free |
Free |
Free |
SAVINGS
ACCOUNT FEATURES |
Money Market
Savings |
Regular
Savings |
Christmas Club
Savings |
|
Minimum Opening Deposit
|
$100 |
$50 |
$5 |
|
Interest Bearing
|
Yes - Tiered
Rates |
Yes - Tiered Rates |
Yes - one rate,
no tiers |
|
Interest Paid & Compounded
|
Monthly |
Monthly |
At maturity |
|
Statement Type |
Safekeep |
Quarterly |
Quarterly |
|
Monthly Service Charge |
(see fee schedule for details) |
(see fee schedule for details) |
N/A |
|
Min. Balance to Avoid Monthly Service Charge |
$10,000 |
$250 |
N/A |
|
Transaction Limits
|
Limited** |
Limited** |
Withdrawal closes
account |
|
Account Perks |
Free Money
Market Savings Checks
|
N/A |
N/A |
|
Online Banking + Bill Pay |
Free (no Bill Pay) |
Free (no Bill Pay) |
N/A |
|
Telephone Banking |
Free |
Free |
N/A |
|
Debit/ATM Card*** |
Free ATM Card |
Free ATM Card |
N/A |
*
Excluding real estate loans
** See account disclosure.
*** Use of Debit/ATM Card in an ATM not owned by Lafayette Bank & Trust
or a First Merchants Corporation affiliate bank may result in ATM service
charges from Lafayette Bank & Trust and the institution that owns the ATM.
Fees and terms described in
this brochure are subject to change. For current rates, visit a branch near
you.
Equal
Housing Lender
Member FDIC |