Checking

Personal

Checking

Rondout Savings Bank offers a number of checking products to fit your lifestyle. Many of our personal checking accounts come with a host of free features and benefits to help you keep your financial life on track.

Select the account with the options or services that best meets your needs, its that easy to manage your finances!

Checking
Accounts
Interest Bearing
Account
Minimum
Open Deposit
Minimum Balance
to Earn Interest
Monthly
Service Charge
How to Avoid
Service Charge
Power Advantage Yes $500.00 $1000.00 $14.00 More Info
Convenient Access No $100.00 N/A $5.95 More Info
Partnership Yes $100.00 $1000.00 $5.95 More Info
Student No $25.00 N/A $5.95 More Info
Free No $25.00 N/A $0 More Info
Basic No $25.00 N/A $3.00 More Info
View Rates

Power Advantage

Our Power Advantage Checking provides clients with an interest bearing checking account that offers expanded benefits, including the best rates and exclusive discounts.

There is no monthly service charge if you keep an average balance of $50,000 or more in your Power Advantage checking account or keep a total combined balances of $50,000 or more in eligible personal deposit accounts. $15,000 may come from current outstanding balances from eligible loans.

Interest Rate 0.35% Annual Percentage Yield (APY)
0.35% Interest Rate
Minimum Open Deposit $500.00
Minimum Balance to earn Interest $1000.00
How to avoid Monthly Service Charge $50,000 or more in your Power Advantage checking account
or $50,000 Combined balances
from
Aggregate Average Current Month Balance
  • Personal Deposit Accounts
Current Balance
  • Mortgage outstanding Balances
  • Loan/HEQ Outstanding Balances
*15K max contribution from eligible loan balance
Monthly Service Charge $14.00
Other Fees & Features Foreign ATM transactions surcharge rebate up to $10 a month2
Early Close Out Fee $15 fee when account is closed within 90 days of opening
Credit of Interest Credited Monthly
Statement Monthly Paper or Electronic

2If above criteria is not met during the cycle period no ATM surcharges will be refunded for the cycle period.

  • Mastercard® Debit Card availability
  • Free AccountLink Access
  • Free ATM Access at Any of Our ATMs
  • Free ATM use through Allpoint network
  • Free Night Deposit Service
  • Free Notary Service
  • Free Financial Consultation
  • Free Online Access
  • Free Bill Payment through BankFromHome Access
  • Free Standard Check printing
  • 6 Free Stop Payments a year
  • Free Bank Checks, Money Orders, Over the Counter Checks
  • No Fee Traveler Checks
  • Premium rates on CDs
  • Free Facsimile Services
  • Free Photocopy Service
  • Free or Discounted Safe Deposit Boxes
  • Free Informational Seminars
  • View Rates

Convenient Access

With this everyday non-interest bearing checking account, clients can manage their account online and take advantage of the following flexible methods to avoid a monthly service charge.

Monthly Access to Online Banking, and Enrolled in e-statements, and have 5 ATM/POS transactions each month with your Mastercard® Debit Card.

Interest Rate N/A
Minimum Open Deposit $100.00
Minimum Balance to earn Interest N/A
How to avoid Monthly Service Charge Enrolled in Online Banking with access 1 time per cycle
And
Enrolled in E-statements
And
Mastercard Debit Card with 5 ATM/POS transactions per cycle
Monthly Service Charge $5.95
Early Close Out Fee $15 fee when account is closed within 90 days of opening
Credit of Interest Non-Interest
Statement Monthly Paper or Electronic
  • Mastercard Debit Card availability
  • Free AccountLink Access
  • Free ATM Access at Any of Our ATMs
  • Free ATM use through Allpoint network
  • Free Night Deposit Service
  • Free Notary Service
  • Free Financial Consultation
  • Free Online Access
  • Free Bill Payment through BankfromHome Access
  • Free Informational Seminars
  • View Rates

Partnership

The Partnership interest bearing checking account offers clients flexible account options that keep up with changing lifestyles.

$500 minimum daily balance, or Monthly direct deposit, or Seniors age 62 and older

Interest Rate 0.15% Annual Percentage Yield (APY)
0.15% Interest Rate
Minimum Open Deposit $100.00
Minimum Balance to earn Interest $1,000.00
How to avoid Monthly Service Charge $500 Minimum Daily Balance
or
1 Monthly Direct Deposit per cycle
or
Tax reporting owner must be age 62 or better
Monthly Service Charge $5.95
Early Close Out Fee $15 fee when account is closed within 90 days of opening
Credit of Interest Credited Monthly
Statement Monthly Paper or Electronic
  • Mastercard® Debit Card availability
  • Free AccountLink Access
  • Free ATM Access at Any of Our ATMs
  • Free ATM use through Allpoint network
  • Free Night Deposit Service
  • Free Notary Service
  • Free Financial Consultation
  • Free Online Access
  • Free Bill Payment through BankFromHome Access
  • Free Informational Seminars
  • View Rates

Student

Our Student non-interest bearing checking account is a smart choice with no monthly service charge for students age 25 and under who want extra benefits, including more access to their money with up to 4 surcharge rebates per card per month.

Interest Rate N/A
Minimum Open Deposit $25.00
Minimum Balance to earn Interest N/A
How to avoid Monthly Service Charge Tax reporting owner must be age 25 or under
Monthly Service Charge $5.95
Other Fees & Features Up to 4 surcharge rebates per card per month
Early Close Out Fee $15 fee when account is closed within 90 days of opening
Credit of Interest Non-Interest
Statement Monthly Paper or Electronic
  • Mastercard® Debit Card availability
  • Free AccountLink Access
  • Free ATM Access at Any of Our ATMs
  • Free ATM use through Allpoint network
  • Free Night Deposit Service
  • Free Notary Service
  • Free Financial Consultation
  • Free Online Access
  • Free Bill Payment through BankFromHome Access
  • Free Informational Seminars
  • View Rates

Free

The non-interest bearing Free Checking Account has no Monthly Service Charge, no Minimum Balance Requirement and no Per Check Charge. Deposits for this account are unlimited with free Direct Deposit. Statements mailed monthly or available quickly and conveniently online with free online banking.

Interest Rate N/A
Minimum Open Deposit $25.00
Minimum Balance to earn Interest N/A
Monthly Service Charge $0
Early Close Out Fee $15 fee when account is closed within 90 days of opening
Credit of Interest Non-Interest
Statement Monthly Paper or Electronic
  • Mastercard® Debit Card availability
  • Free AccountLink Access
  • Free ATM Access at Any of Our ATMs
  • Free ATM use through Allpoint network
  • Free Night Deposit Service
  • Free Notary Service
  • Free Financial Consultation
  • Free Online Access
  • Free Bill Payment through BankFromHome Access
  • Free Informational Seminars
  • View Rates

Basic

The Basic Checking Account has a low $3.00 Monthly Service Charge and no Minimum Balance Requirement. Clients can write up to 8 Checks Free per Statement Cycle; $.50 each additional check. Deposits for this account are unlimited with free Direct Deposit. Statements mailed monthly or available quickly and conveniently online with free online banking.

Interest Rate N/A
Minimum Open Deposit $25.00
Minimum Balance to earn Interest N/A
Monthly Service Charge $3.00
Other Fees & Features Eight checks posted free per statement cycle. $.50 per check paid in excess of the eight. Fees for use of electronic facilities which are not operated by Rondout Savings Bank as follows: Balance Inquiry, withdrawal or transfer between accounts - $1.00 each; Point-of- Sale transactions - $.25 each
Early Close Out Fee $15 fee when account is closed within 90 days of opening
Credit of Interest Non-Interest
Statement Monthly Paper or Electronic
  • Mastercard Check Card availability
  • Free AccountLink Access
  • Free ATM Access at Any of Our ATMs
  • Free ATM use through Allpoint network
  • Free Night Deposit Service
  • Free Notary Service
  • Free Financial Consultation
  • Free Online Access
  • Free Bill Payment through BankFromHome Access
  • Free Informational Seminars
  • View Rates