This disclosure contains the rules which govern your deposit account. After 18 months of inactivity, your account will be classified as dormant and will be charge a monthly dormant fee if your account balance is less than $1,000.
Minimum Opening Deposit Requirements
To open this account you must deposit at least $50.00
Charges which may be applied to this account
- $25 Account Closure Fee
- $2 Account Inquiry (in person)
- $2 ATM Transaction at any PLUS (non-STAR) ATM
- $35 Overdraft Fee (per check or in-person, ATM or electronic withdrawal)
- $10 Cashier's Check
- $6 Overdraft Fee (per business day)
- $10 Chargeback
- VAR Check Printing Order (Fee Depends on Style of Check Ordered)
- $1 Counter Check
- $35 Returned Item Charge (per item)
- $35 Stop Payment Request
- $2 ATM Transaction at any non-Republic/Presto ATM
$12.95 Monthly fee with Direct Deposit
$19.95 Monthly fee without Direct Deposit
Direct Deposit required if offered by employer or governmental agency
Documentation of satisfied debt
Verifiable income required
Account must remain in good standing
$2.00 fee is charged per Non-Republic STAR/PLUS ATM transaction
No check writing privileges for first 6 months - CheckCard only account
On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013.
FEATURES (based on account age)
0 to 6 months*
CheckCard account only - No check writing privileges
- No Minimum Balance
- Unlimited CheckCard Transactions
Checking account with CheckCard
- No Minimum Balance
- Unlimited CheckCard Transactions
- Unlimited Check Writing
- Free introductory order of personalized checks
12 months*
- May convert account type to Absolutely Free Checking
All account levels offer: No fee CheckCard, Free Republic PLUS/Star ATM transactions Free Internet Banking.
*Account must remain in "good standing".
* Good Standing: Less than 3 NSF/OD items (0, 1, or 2) within each 3-month period. If the good standing guideline is not met, the account is subject to repeat the 3 month period in which the NSF/OD occurred. For the initial 6-month period, the good standing guideline is applied to the last 3 months.
