Personal Checking Accounts Details/Fees

Question 1

What is the minimum opening deposit for all three personal checking tiers?

Answer 1

$20 for Essentials, Plus, and Deluxe

Question 2

Which personal checking tiers are interest bearing?

Answer 2

Essentials & Plus: No

Deluxe: tiered interest

Question 3

Which personal checking tiers have a monthly service fee?

Answer 3

Essentials: none

Plus: $15 per month; OR waived if $7,000 in combined personal monthly average deposit and/or outstanding loan balance; OR $2,500 in direct deposits per statement period.

Deluxe: $25 per month; OR waived if $30,000 in combined personal monthly average deposit and/or outstanding loan balance; OR $5,000 in direct deposits per statement period.

Question 4

Which personal checking tiers have an online banking monthly fee?

Answer 4

None of them

Question 5

Which personal checking tiers have an online banking Bill Pay service fee?

Answer 5

None of them

Question 6

Which personal checking tiers have free mobile check deposit?

Answer 6

All of them

Question 7

Which personal checking tiers have an ATM Fee rebate?

Answer 7

Essentials: None
Plus: Up to $8 per monthly statement period
Deluxe: Up to $12 per monthly statement period

Question 8

Which personal checking tiers receive free kalo design checks?

Answer 8

All of them (Kalo design starter checks for Essentials)

Question 9

Which personal checking tiers receive a free Visa debit card?

Answer 9

All of them.

Gold for Essentials; Platinum for Plus and Deluxe

Question 10

Which personal checking tiers have a monthly statement savings account service fee?

Answer 10

Essentials: fee charged

Plus & Deluxe: fee waived

Question 11

What is the paper statement fee for each personal checking tier?

Answer 11

Essentials: $5/month
Plus: fee waived
Deluxe: fee waived

Question 12

What is the paper IMAGE statement fee for each personal checking tier?

Answer 12

Essentials: fee charged ($3/month)
Plus: fee waived
Deluxe: fee waived

Question 13

What is the incoming wire transfer fee for the personal checking account tiers?

Answer 13

Essentials: fee charged ($13 per wire transfer)
Plus: fee waived
Deluxe: fee waived

Question 14

What are the Traveler’s Cheques and Cashier’s Checks fees for the personal checking account tiers?

Answer 14

Essentials: fee charged ($12 each)
Plus: fee charged ($12 each)
Deluxe: fee waived

Question 15

What is the notary fee for the personal checking account tiers?

Answer 15

Essentials: fee charged ($5 each)
Plus: fee charged ($5 each)
Deluxe: fee waived

Question 16

What is the Safe Deposit Box rental fee for the personal checking account tiers?

Answer 16

Essentials: fee charged
Plus: fee charged
Deluxe: free small box or $40 off a larger box with auto pay

Question 17

Which personal checking account tiers come with a private toll free phone number?

Answer 17

Deluxe accounts

Question 18

What are the two Overdraft Solutions customers can choose from?

Answer 18

1) Savings Overdraft Transfer Fee

2) Annual fee on Preferred Credit Line Overdraft Protection

Question 19

What is a Savings Overdraft Transfer and what is its fee?

Answer 19

Checking account overdraft protection from a linked Statement Savings or Tiered Savings account.

Essentials: $10 per transfer
Plus: $5 per transfer
Deluxe: fee waived

Question 20

What is Preferred CreditLine Overdraft Protection and is there an annual fee?

Answer 20

Checking account overdraft protection using a line of credit that is subject to application, credit qualification, underwriting, and credit policy of ASB.

Essentials: fee charged
Plus: fee waived
Deluxe: fee waived

Question 21

What are the types preferred rates and loan discounts available for personal checking?

Answer 21

• CD’s (terms of 30 days or more)
• New Preferred CreditLine Overdraft Protection
• New Home Equity Line of Credit
• Residential Mortgage (new purchase or refinance)

Question 22

What is a Home Equity Line of Credit (HELOC)?

Answer 22

A loan in which the lender agrees to lend a maximum amount within an agreed period, where the collateral is the borrower’s equity of their house.

Question 23

What is Home Equity?

Answer 23

The portion of your home that you’ve paid off. It’s the difference between what the home is worth and how much is still owed on your mortgage.

Question 24

What is a Residential Mortgage refinance?

Answer 24

Taking out a new mortgage loan to replace your existing one. Homeowners refinance because you can lock in a better interest rate and loan terms on your new mortgage. So you can take out a new loan that’s more affordable or benefits you in another way.

Question 25

Which personal checking account tiers have preferred CD rates?

Answer 25

Deluxe only

Question 26

Which personal checking account tiers have discounts for New Preferred CreditLine Overdraft protection?

Answer 26

Plus and Deluxe

Question 27

Which personal checking account tiers have discounts on New Home Equity Lines of Credit?

Answer 27

Plus and Deluxe (Margin Discounts)

Question 28

Which personal checking account tiers have discounts on Residential Mortgages?

Answer 28

Deluxe ($150 off Lender’s Fee)