Checking Accounts with
Benefits Focused on You
Everyone has different needs for their checking account. Some want a simple account that allows them to maintain easy access to their money, while others want a checking account that allows them to earn interest on their account balances. The Bank of New Glarus offers four different checking accounts, each with its own benefits for you. Click the button below to complete our online account application. If you would like more information about any of these accounts, please contact your local branch.
Compare Our Checking Account Options
Choose this account if... | Minimum balance to avoid monthly fee | Does this account earn interest? | Account service fees | Apply Online | |
---|---|---|---|---|---|
Premier Checking | You want an account that rewards you for using the account. | $0 | Yes, Qualifications determine rate. | None | OPEN Now |
Right Now Checking | You’re able to keep a higher balance and earn a higher interest rate. | $0 | Yes | None | OPEN Now |
Go Green Checking | You’re environmentally conscious but want an account with great features. | $0 | No | None | OPEN Now |
Basic Checking | You want an account with no frills but still gives you convenient access. | $500 | No | $3.00 | OPEN Now |
Standard Checking Account Features
Each checking account for The Bank of New Glarus includes the following features:
- Free access to online and mobile banking
- No per-check fee
- Access to Ready Reserve Overdraft Protection
- eStatements
- Access to free ATM network
- Direct deposit
- Check safekeeping
- Online check images
Checking Account Rates
Annual Percentage Yield* is accurate as of August 5, 2024
Product | Interest Rate | APY* | Min to Open | Min to Earn APY* |
---|---|---|---|---|
Premier Checking1,2,3,4,5,6,10 | 0.05% | 0.05% | $0.01 | $0.01 |
Premier Checking1,2,3,4,5,6,10 | 3.93% | 4.00% | $0.01 | $0.01 |
Right NOW Checking1,2,3,4,9 | 0.000% | 0.000% | $0.01 | $0.01 |
Right NOW Checking1,2,3,4,9 | 0.05% | 0.05% | $0.01 | $1,000.00 |
Right NOW Checking1,2,3,4,9 | 0.08% | 0.08% | $0.01 | $15,000.00 |
Right NOW Checking1,2,3,4,9 | 0.14% | 0.14% | $0.01 | $35,000.00 |
For additional account disclosure information and related fees see a Personal Banker. Fees may reduce the earnings on the above accounts.
1 The rate may change after the account is opened.
2 Interest on the tiered account is paid on the entire collected balance of your account at the rate shown for that tier.
3 Online Banking required.
4 Electronic statement required.
5 Have at least 16 Debit Card purchases post and clear during each statement cycle (not including ATM transactions). Have at least one Direct Deposit /ACH Credit post during each statement cycle. Log into Online Banking at least one time during each statement cycle.
6 There will be a 0.05% Interest Rate applied to all balances if statement cycle qualifications are not met, resulting in a 0.05% Annual Percentage Yield.
7 A service charge of $2.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the statement cycle.
8 Maintain a $1,000.00 minimum balance to avoid the $10.00 service charge.
9 If the above terms are not met, the account will be changed to a Basic Plus Checking Account, which has a service charge of $3.00 imposed every statement cycle if the balance in the account falls below $1000.00 any day of the statement cycle.
10 An Interest Rate of 0.05% will be applied to the portion of your account balance over $25,000.00, resulting in a 0.54% to 4.00% APY, depending on the balance.