Chemical Bank offers a variety of personal checking accounts that are designed to meet the needs of our customers. Consult your banker to learn about which of our accounts will best meet your lifestyle.
| Requirement to open account | None | None | None. Customer has 30 days to achieve minimum balance before monthly service charge takes affect | None. Customer has 30 days to achieve minimum balance before monthly service charge takes affect |
| Requirement(s) to Waive Monthly Service Charge | No Monthly Service Charge | No Monthly Service Charge | Maintain minimum balance of $500 |
Maintain minimum balance of $1,000 or average monthly balance of $1,500 |
| Service Charge | None | None | $5 / month | $7 / month |
| Interest paid on balance |
None | None | None | Interest Tiers: 0 - $9,999 $10,000 - $24,999 $25,000 and over |
| Per Check Fee | None | None | None | None |
| Combined Statement |
FREE | FREE | FREE | FREE |
| Statement Options | Check safekeeping* | Check safekeeping or image statement** | Check safekeeping or image statement** | Check safekeeping or image statement** |
| Preferred RewardsSM Debit/ATM Card† | FREE | FREE | FREE | FREE |
| eBanking and Phone Banking |
FREE | FREE | FREE | FREE |
| eBillPay | FREE service includes 10 bill payments; $0.55 per additional payment |
FREE service includes 10 bill payments; $0.55 per additional payment |
FREE service includes 20 bill payments; $0.55 per additional payment |
FREE service includes 20 bill payments; $0.55 per additional payment |
| Installment Loan† | Discount on installment loan rate with direct debit | Discount on installment loan rate with direct debit | Discount on installment loan rate with direct debit | Discount on installment loan rate with direct debit |
| Other Benefits | FREE green mint safety paper checks, or 50% discount on other styles Free single signature travelers cheques, notary and photo copies |
Monthly maintenance fee waived with $10,000 aggregate balance in all deposit accounts |
| * Checks are kept on record at Chemical Bank and are not returned to the customer. Images of canceled checks are available via Chemical Bank’s e-Banking system. ** Upon request canceled check images can be provided with monthly statements. † Subject to application and approval. Additional Options - In addition to accessing your funds through our checking accounts, Chemical Bank provides you with the ability to automatically transfer funds between other Chemical Bank accounts, and to have mortgage and personal loan payments automatically deducted from your checking account each month. For a quick review of our accounts see our personal checking account descriptions. |