Checking Services

For most individuals a checking account is the most frequently used financial service. At Bank of Bourbonnais we understand that different individuals have different needs. That is why we offer a wide range of checking account products.

We offer some of the most competitive interest rates and the most reasonable fees available. From the most basic checking account to the highly competitive interest bearing account, our checking accounts are designed with your needs in mind. We’re confident you’ll find an option best suited to fit your financial needs.

And remember…with Bank of Bourbonnais, your deposits are insured to the maximum amount allowed by the FDIC (Federal Deposit Insurance Corporation).

Convenient checking with the flexibility you need, free with direct deposit. Our totally free checking account has no minimum balance and no monthly maintenance fee.

Minimum opening deposit:	$100.00
Minimum balance:	None.
Monthly maintenance fee:	None.
Transaction Limitations*:	Unlimited.
Check-imaging:	Free.
Combined Statements:	Free.
Online Banking and Bill Payment:	Free.
ATM Card and/or Visa Debit Card:	Free.

*Transactions include checks paid, ACH Debits and Credits, ATM and POS transactions.
**Direct Deposit of a payroll or government check is required for this account.

Enjoy these additional valued services:

• Detailed monthly statement
• Direct Deposit of payroll or government check
• Direct Connect 24-Hour Telephone Banking
• Safe Deposit Box Service
• Telephone and online transfers to and from your Bank of Bourbonnais accounts

Our Silver Prestige Checking is offered to customers 55 and over.

Minimum opening deposit:	$100.00
Minimum balance:	None.
Monthly maintenance fee:	None.
Transaction Limitations*:	Unlimited.
Check-imaging:	Free.
Combined Statements:	Free.
Online Banking and Bill Payment:	Free.
ATM Card and/or Visa Debit Card:	Free.
Added Value:	Free Checks**

*Transactions include checks paid, ACH Debits and Credits, ATM and POS transactions.
**Free checks are limited to Specialty Gray Checks, one box per order.

Enjoy these additional valued services:

• Detailed monthly statement
• Direct Deposit of payroll or government check
• Direct Connect 24-Hour Telephone Banking
• Safe Deposit Box Service
• Telephone and online transfers to and from your Bank of Bourbonnais accounts

This account is ideal for someone who prefers a no frills checking account.

Minimum opening deposit:	$100.00
Minimum balance:	$500.00
Monthly maintenance fee:	A $4.00 monthly maintenance fee will be imposed every statement cycle if the balance in the account falls below $500.00 any day of the cycle.
Transaction Limitations*:	Unlimited.
Check-imaging:	Free.
Combined Statements:	Free.
Online Banking and Bill Payment:	Free.
ATM Card and/or Visa Debit Card:	Free.

*Transactions include checks paid, ACH Debits and Credits, ATM and POS transactions.

Enjoy these additional valued services:

• Detailed monthly statement
• Direct Deposit of payroll or government check
• Direct Connect 24-Hour Telephone Banking
• Safe Deposit Box Service
• Telephone and online transfers to and from your Bank of Bourbonnais accounts

Our Golden Key Checking account is designed for those individuals who want to earn interest but can’t maintain the high balance other accounts require. You still have the convenience of full access to your funds and unlimited check writing capabilities.

Minimum opening deposit:	$1,000.00
Minimum balance to obtain the annual percentage yield disclosed:	You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
Monthly maintenance fee:	A $10.00 monthly maintenance fee will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.
Compounding and Crediting frequency:	Interest will be compounded and credited monthly.
Transaction Limitations*:	Unlimited.
Check-imaging:	Free.
Combined Statements:	Free.
Online Banking and Bill Payment:	Free.
ATM Card and/or Visa Debit Card:	Free.

*Transactions include checks paid, ACH Debits and Credits, ATM and POS transactions.

Enjoy these additional valued services:

• Detailed monthly statement
• Direct Deposit of payroll or government check
• Direct Connect 24-Hour Telephone Banking
• Safe Deposit Box Service
• Telephone and online transfers to and from your Bank of Bourbonnais accounts

For the customer who maintains high balances and wants the highest rate available, this account provides all that and more. With a $10,000.00 minimum to open and maintain, customers will receive a higher rate of interest, unlimited check writing ability and comfort knowing that not only are they earning a competitive rate but they also have account accessibility.

Minimum opening deposit:	$10,000.00
Minimum balance to obtain the annual percentage yield disclosed:	You must maintain a minimum balance of $10,000.00 in the account each day to obtain the disclosed annual percentage yield.
Monthly maintenance fee:	A $15.00 monthly maintenance fee will be imposed every statement cycle if the balance in the account falls below $10,000.00 any day of the cycle.
Compounding and Crediting frequency:	Interest will be compounded and credited monthly.
Transaction Limitations*:	Unlimited.
Check-imaging:	Free.
Combined Statements:	Free.
Online Banking and Bill Payment:	Free.
ATM Card and/or Visa Debit Card:	Free.

*Transactions include checks paid, ACH Debits and Credits, ATM and POS transactions.

Enjoy these additional valued services:

• Detailed monthly statement
• Direct Deposit of payroll or government check
• Direct Connect 24-Hour Telephone Banking
• Safe Deposit Box Service
• Telephone and online transfers to and from your Bank of Bourbonnais accounts

HSA’s are tax-sheltered, interest bearing accounts, used to save money for qualified healthcare expenses in conjunction with a high-deductible healthcare plan (HDHP). With a Bank of Bourbonnais HSA, you decide how to spend your healthcare dollars.

Minimum opening deposit:	$50.00
Maintenance Fee:	None
Set-Up Fee:	$25.00
Minimum balance to obtain the annual percentage yield disclosed:	You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
Annual fee:	A $25.00 annual fee will be imposed on the anniversary date of the account opening.
Compounding and Crediting frequency:	Interest will be compounded and credited monthly.
Transaction Limitations*:	Unlimited
Check-imaging:	Free.
Combined Statements:	Free.
Online Banking and Bill Payment:	Free.
HSA Visa® Debit Card:	Free.
Added Value**:	Free Checks

*Transactions include checks paid, ACH Debits and Credits, ATM and POS transactions.
**Free first order of checks, limited to Specialty Gray Checks

Enjoy these additional valued services:

• Detailed monthly statement
• Direct Deposit of payroll or government check
• Direct Connect 24-Hour Telephone Banking
• Safe Deposit Box Service
• Telephone and online transfers to and from your Bank of Bourbonnais accounts

If you are looking to earn a higher rate of return on your money but still want to have the flexibility of check writing, our Money Market could be for you. With the ability to write up to 3 checks per month this account allows our customers the ability to earn interest on their account while having the freedom to access their funds at any time.

Minimum opening deposit:	$2,500.00
Minimum balance to obtain the annual percentage yield disclosed:	You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.
Monthly maintenance fee:	A $5.00 monthly maintenance fee will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
Compounding and Crediting frequency:	Interest will be compounded and credited monthly.
Transaction Limitations:	Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six per monthly statement cycle with no more than three by check, draft or similar order to third parties.
Excess Service Fee:	A maintenance fee of $3.00 will be charged for each check over three and each transaction in excess of six per statement cycle.
Check-imaging:	Free.
Combined Statements:	Free.
Online Banking and Bill Payment:	Free.
ATM Card and/or Visa Debit Card:	Free.

Enjoy these additional valued services:

• Detailed monthly statement
• Direct Deposit of payroll or government check
• Direct Connect 24-Hour Telephone Banking
• Safe Deposit Box Service
• Telephone and online transfers to and from your Bank of Bourbonnais accounts

The Sterling Money Market Account requires the customer to have a Bank of Bourbonnais personal checking account or open a new Bank of Bourbonnais personal checking account with funds not currently on deposit.

Minimum opening deposit:	$100.00
Minimum balance to obtain the annual percentage yield disclosed:	You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
Per day fee:	A $5.00 per day fee will be imposed every day the balance in the account falls below $100.00.
Compounding and Crediting frequency:	Interest will be compounded and credited monthly.
Transaction Limitations:	Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six per monthly statement cycle with no more than three by check, draft or similar order to third parties.
Excess Service Fee:	A maintenance fee of $3.00 will be charged for each check over three and each transaction in excess of six per statement cycle.
Check-imaging:	Free.
Combined Statements:	Free.
Online Banking and Bill Payment:	Free.
ATM Card and/or Visa Debit Card:	Free.

Enjoy these additional valued services:

• Detailed monthly statement
• Direct Deposit of payroll or government check
• Direct Connect 24-Hour Telephone Banking
• Safe Deposit Box Service
• Telephone and online transfers to and from your Bank of Bourbonnais accounts