Our customers tell us they've found American Federal Checking to be competitive, cost-conscious and simple to understand.
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Our customers tell us they've found American Federal Checking to be competitive, cost-conscious and simple to understand. |
|
| American
Federal Checking Accounts |
 |
American FREE | Relationship | Classic | Investment | Money Market |
Health Savings Account (HSA) |
| Straightforward no-fee checking |
For customers with other relationships 2 with American Federal | For customers age 50 and older | Rewards customers who maintain large balances | For customers who want a high-yielding checking account | For individual customers managing a Heath Savings account | |
| Required
Daily Balance |
None | None | None | $500 | $2,500 | $2,500 |
| Fees | None | None | None | $8 per monthly statement cycle when average daily balance falls below $500 |
$10 per monthly statement cycle when average daily balance falls below $2,500. $15 fee per item in excess of statement cycle maximums 1 |
$3 per monthly statement cycle when average daily balance falls below $2,500 |
| Earns Interest | No | Yes. Variable rate earned on average daily balance when $1,000 or more | Yes. Variable rate paid on tiered basis on average daily balance | Yes. Variable rate paid on tiered basis on average daily balance | Yes. Variable rate paid on tiered basis on average daily balance | Yes. Variable rate paid on tiered basis on average daily balance |
| Cash Card Check Card |
Yes. Free. | Yes. Free. | Yes. Free. | Yes. Free. | Yes. Free. | Not available. |
| ATM Fees | No | No | No | No | No | No |
| Check
Safekeeping or Check Image Returned in Statement |
FREE | FREE | FREE | FREE | FREE | FREE |
| $3 per month | $3 per month | $3 per month | $3 per month | $3 per month | $3 per month | |
| Combined Statement of Accounts | FREE | FREE | FREE | FREE | FREE | FREE |
| Added Benefits |
No
per check charges Free Online Bill Pay |
No
per check charges Free
Travelers Checks Free Telephone Banker |
Free
American
checkblanks Free
Travelers Checks Free Telephone Banker |
No
per check charges Free Online Bill Pay |
No
per check charges Free Online Bill Pay |
No
per check charges Free Online Bill Pay
|
| * First 50 checks are American Federal-designer checks. * Ready Credit overdraft protection is not available for American Free Checking. * Customers may make six transfers from a Money Market Checking Account to another account or to a third party by pre-authorized, automatic or telephone transfers per month. No more than three of the six permitted transfers may be by check, debit card, or draft to a third party. * Qualify for Relationship Checking with any one: open a consumer loan for $5,000 or more, make automatic loan payment from checking, direct deposit payroll, retirement, or social security check, and student with parent with an American Federal checking account. |
More Convenient American Federal Services
| 215
N. Fifth St. P.O. Box 2946 Fargo, ND 58108-2946 (800) 770-6605 |
www.americanfederalbank.com |
