Spectrum Select Savings

Customers with a Spectrum Select Checking Account can exclusively take advantage of this relationship based savings account.  

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Minimum Opening Deposit
$50
Minimum Daily Balance
$1,000
Interest Bearing

Yes

Monthly Service Charge
$5
How to Avoid Monthly Service Charge

Maintain $1,000 minimum daily balance

Statements

• Free eStatements
• Paper statements available upon request at no cost

Withdrawal Restrictions

•  Limited to six (6) preauthorized, automatic, or Bank-by-Phone transfers  per statement cycle
•  $10 per occurrence fee if account does not comply with withdrawal restrictions

ATM Fee

•  Unlimited free transactions at all BankFinancial owned ATMs
•  Two free transactions per month at non-BankFinancial ATMs, see Fee Schedule thereafter2

Your Account Comes With

•  ATM Card
•  24/7 Bank-by-Phone
• Online Banking
    - Online Bill Pay
    - Mobile Banking
    - Mobile Check Deposit
    - Bank to Bank Transfers 
    - POP Money

1.  Spectrum Select Checking account required or account will revert to Everyday Savings.
2.  There may be a fee imposed by the owner of the other Terminal or Network.


Personal Savings Accounts

 

Everyday Savings

Spectrum Select Savings1

Kids Savings4

Minimum Opening Balance

$50

$50

$10

Minimum Daily Balance

$150

$1,000

$0

Interest Bearing

Yes

Yes

Yes

Monthly Service Charge

$5

$5

$0

How to Avoid

Monthly Service Charge

· Primary account holder needs to be 65 years or older or

· Maintain $150 minimum daily balance

·   Maintain $1,000 minimum daily balance

Not applicable

Statements

·   Free eStatements

·   $3 for paper statements

·   Free eStatements

·   Paper statements available upon request at no cost

·   Free eStatements

·   Paper statements available upon request at no cost

Withdrawal Restrictions

·   Limited to six (6) preauthorized, automatic, Bank-by-Phone or online transfers per statement cycle

·   $10 per occurrence fee if account does not comply with withdrawal restrictions

·   Limited to six (6) preauthorized, automatic, Bank-by-Phone or online transfers per statement cycle

·   $10 per occurrence fee if account does not comply with withdrawal restrictions

·   Limited to six (6) preauthorized, automatic, Bank-by-Phone or online transfers per statement cycle

·   $10 per occurrence fee if account does not comply with withdrawal restrictions

ATM Fee

·   Unlimited free transactions at all BankFinancial owned ATMs

·   See Fee Schedule for non-BankFinancial ATMs2

·   Unlimited free transactions at all BankFinancial owned ATMs

·   See Fee Schedule for non-BankFinancial ATMs2

Not applicable

Your Account Comes With

·   ATM Card

·   24/7 Bank-by-Phone

·   Online Banking

·   Online Bill Pay

·   Mobile Banking

·   Mobile Check Deposit

·   Bank-to-Bank Transfers3

·   POP Money Transactions3

·   Free for 65 & older

·   Paper statements

·   ATM Card

·   24/7 Bank-by-Phone

·   Online Banking

·   Online Bill Pay

·   Mobile Banking

·   Mobile Check Deposit

·   Bank-to-Bank Transfers

·   POP Money Transactions

·   24/7 Bank-by-Phone

·   Online Banking

·   Online Bill Pay

·   Mobile Banking

·   Mobile Check Deposit

·   Bank-to-Bank Transfers3

·   POP Money Transactions3

 

1. Spectrum Select Checking account required or account will revert to Everyday Savings.
2. There may be a fee imposed by the owner of the other Terminal or Network.
3. See Fee Schedule for standard fees.
4. Must be titled as a custodian account or joint tenants with rights of survivorship. Primary account owner must be under the age of 21.