Personal Deposit Products with Inwood National Bank

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 with no more than three by check, draft, debit card or similar order to third parties. 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 with no more than three by check, draft, debit card or similar order to third parties. 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.