Inwood National Bank offers a complete line of checking accounts for our customers. Below is a listing of our interest bearing and non-interest bearing accounts. To see which account is right for you, please contact one of our personal bankers at your nearest branch, call 214-358-5281, or click here.
 

Transaction Account Guarantee Program

Inwood National Bank is participating in the FDIC's Transaction Account Guarantee Program.  Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.  Coverage under the Transaction Account Guarantee Program is in addition to and separate from coverage available under the FDIC's general deposit insurance rules.

 
Regular Checking
This account is for the majority of our consumers. Account activity is unlimited and, if you maintain a $750 minimum daily balance or a $2,000 minimum monthly average balance, there is no service charge for this account.

Basic Checking
For our customers who need limited activity, our basic checking account may be for you. The fee for this account is $4 per month and 10 debits are allowed free of charge. However, ATM withdrawals are unlimited and not subject to a service charge at an ATM owned by Inwood.

NOW Account
For those customers who wish to earn interest on their deposits, but have unlimited check writing ability, our NOW account is for you. In addition, if you maintain a minimum daily balance of $1,500 or a minimum monthly average balance of $3,000, there will be no service charge for this account.

Money Market Account
Our Money Market Account is our highest yielding interest bearing account. Debit activity is limited to six per statement cycle. If you maintain a minimum daily balance of $2,500 or a minimum monthly average balance of $2,500, there is no fee for this account.

Savings Account
Another interest bearing account. Debit activity is limited to six per statement cycle. Each debit in excess of 6 during a quarter is subject to a $2 service charge. If you maintain a minimum balance of $250, there is no fee for this account.

Certificates of Deposit
If you are looking to maximize your return on your cash, consider one of our CDs. Our terms range from 30 days to 5 years. The minimum balance to open a CD is $2,500.

Please call a personal banker for current rates and a complete disclosure of terms and conditions for each account.

Electronic Transfer Accounts (ETAs)
The ETA is designed for those customers receiving federal benefits and wish to have them directly deposited into their account at the bank. The service charge is $3 per month and the withdrawal activity is limited to ATM transactions and "in person" withdrawals at the bank. The "in person" withdrawals are limited to 10 per month with a service charge of $0.50 per item in excess of 10. ATM withdrawals are unlimited and not subject to a service charge at an ATM owned by Inwood.
 

Please contact one of our personal bankers at your nearest branch or call 214-358-5281 for additional information.