Checking Accounts

Personal Checking Accounts

Best Hometown Bank offers three types of personal checking accounts, from free checking to interest-bearing accounts.

Features Free Checking Golden Eagle Checking Now Checking
Minimum Deposit Required to open account $100 $100 $100
Minimum Balance Required to Obtain APY None None with $100 opening balance See Chart Below
Interest Bearing No No Yes
Free Printed Checks No Yes No
Transaction Limits None None None

NOW Checking "Tiered" Account

Minimum Balance to Obtain APY APY
$100 to $25,000 1.25%
Greater than $25,000 0.10%

Please refer to our Fee Schedule for additional information about charges.

Free Checking Account

Our Totally Free Checking Account lets you do just that. It's totally free. You pay no monthly service charge, no minimum balance fee, and no per-check charge. Write as many checks as you want. It won't cost you a penny.

Even better, you are not required to maintain a minimum balance. Keep as much or as little money in your account as you want.

Golden Eagle Checking Account

Golden Eagle Checking is our special offer to customers age 50 or older. Open your account with $100 or more, and you'll have no minimum balance requirement, never any monthly service charges, and free Golden Eagle checks. We keep images of all your cancelled checks.

Now Checking Account

Best Hometown Bank's interest-bearing checking account.

Rate Information: This is a variable tier account.

Minimum Balance Required to obtain APY:

  • Greater than $25,000 – 0.10% APY
  • $100 to $25,000 – 1.25% APY
  • No interest paid on balance less than $100

Rates effective as of May 2, 2016
Rates may change after account is opened.
Fees could reduce earnings on the account.

Balance Computation Method: We use the Daily Method to calculate the interest on your account. This method applies a daily periodic rate to the balance in the account each day.

Account Requirements: At least one ACH transaction and ten (10) debit transactions per statement cycle, and e-statements, when available. If all criteria are not met, customers will be charged $5 penalty per statement cycle.

Statement Cycle: 25th of each month

Interest Payment: Interest is compounded and credited monthly when the statement is processed

Existing checking accounts at Best Hometown Bank can be converted to a Now Account.