Champion Checking

Champion Checking

This account revolves around you. All the conveniences you've come to expect...for a low base monthly fee.

But you have the power to make that fee disappear.

Summary

You must deposit $100.00 to open this account.

    The monthly service charge may be reduced or eliminated every statement cycle as follows:

    • A reduction of $1.00 will be applied if the account holder consents to electronic delivery of statements, notices, and disclosures.
    • A reduction of $1.00 will be applied if the account holder makes 10 or more Visa Check Card purchases during the statement cycle. (ATM usage does not count toward the 10 purchases)
    • A reduction of $4.00 will be applied if the average daily balance of the account does not fall below $500.00 during the statement cycle.

    The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

    Account Fees: A service charge fee of $6.00 will be imposed every statement cycle.

    Statement Cycle: The account statement is prepared on the 4th Tuesday of every month.

    More Info

    EFFECTIVE MARCH 1, 2011--Champion Checking Account Terms and Conditions

    Limitations: You must deposit $100.00 to open this account.

    Account Fees: A service charge fee of $6.00 will be imposed every statement cycle.

    Account Fee Reductions: The monthly service charge may be reduced or eliminated every statement cycle as follows:

    • A reduction of $1.00 will be applied if the account holder consents to electronic delivery of statements, notices, and disclosures.
    • A reduction of $1.00 will be applied if the account holder makes 10 or more Visa Check Card purchases during the statement cycle. (ATM usage does not count toward the 10 purchases)
    • A reduction of $4.00 will be applied if the average daily balance of the account does not fall below $500.00 during the statement cycle.

    The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

    Statement Cycle: The account statement is prepared on the 4th Tuesday of every month.