Checking Services
Because everyone has different check
writing habits and preferences, Passumpsic Savings Bank offers six checking programs, each with special advantages and features.
click here to reorder checks
Every checking account has the following common features:
- A detailed monthly statement plus imaged copies of paid checks
- 24-hour banking at Passumpsic Savings Bank’s ATMs
- Choice of checkbook style and design
- Free Internet banking service
- Free online bill pay service
- Overdraft protection available
- ATM/Debit Card available
Free Reward Checking!
- $25 minimum deposit to open
- NO MONTHLY SERVICE CHARGE
- UNLIMITED CHECK WRITING
- NO MINIMUM BALANCE
- High rate of interest earned and refund on all ATM fees nationwide when the following qualifications are met each monthly activity cycle.*
- Access online banking at least once
- Receive your monthly statement electronically
- One Direct deposit or ACH auto debit transaction
- Make at least ten Debit Card transactions (excluding ATM Transactions)
Freeway Checking
- $25 minimum deposit to open
- No minimum balance required
- No per check charges
- Non-interest bearing account
Premium Plus
- $25 minimum deposit to open
- Interest earned on all balances of $1 or more
- Free oxford wallet-style checks
- No per check charge
- Set $8 monthly fee
- No minimum balance required
- Special discount coupon booklet from area merchants
- Eyewear discount program
Senior Freeway Checking
- $25 minimum deposit to open
- No minimum blance
- No per check charges
- Non-interest bearing account
- Customers 62 and over receive oxford wallet-style checks at no extra charge
- Senior group discount travel,
FAN club
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Health Savings Account (HSA)
- $25 minimum deposit to open
- Tiered interest bearing checking account
- First 50 checks free
- $25 minimum deposit for contributions
- Unlimited transactions
- Debit card†
- Monthly maintenance fee waived with monthly direct deposit or by maintaining an average statement cycle balance of $1000 or more.
(see Deposit Rates page for details)
- one time set up fee
Bonus Benefits
- $25 minimum deposit to open
- Interest earned on all balances of $1 or more
- $1,500 in any combination of deposit accounts required
- No monthly service charge when minimum balance is maintained
- Free oxford wallet-style checks
- Special discount coupon book from area merchants
- Eyewear discount program
DBA Basic, for sole proprietor
- $25 minimum deposit to open
- $100 min balance required to
avoid service charge
- No charge for deposited items
- Unlimited check writing
- Non-interest bearing account
Partnership Checking
- $500 minimum deposit to open
- Interest earning checking
- Higher interest on deposits
over $10,000
- Free oxford wallet-style checks
- Free one time financial consultation
- Discounts on home financing fees
- First year's rental fee waived for small safe deposit box
- Coupon for one time closing costs' discount ––$100 on mortgage, $50 for home equity
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*Personal accounts only. Requirements must be met each monthly activity cycle to earn high rate of interest and ATM refunds. The qualification cycle means the period beginning on the third (3rd) Thursday of the month and running through one day prior to the close of the current statement. The close of each monthly statement cycle is the third (3rd) Thursday of the month. Your statement cycle will end on the 3rd Thursday of each month. ATM fee refunds will be a maximum of $5.00 per transaction. If qualifications are not met, a base rate of interest will be earned and ATM fees will not be refunded.
†While Passumpsic Savings Bank places no restrictions on the use of your debit card, the IRS assesses a 10% penalty for non-qualified withdrawals.
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