Personal Checking Accounts at Timberwood Bank
Find the Right Checking Account for Your Lifestyle
Checking accounts aren’t “one size fits all.” That’s why we offer four different types of checking accounts for your personal use at Timberwood Bank. Our accounts all offer a Debit Card, Telephone Banking, Online Banking, Online Bill Pay and Mobile Banking for free.
Take a look through our checking accounts to see which one best fits your lifestyle and your needs.
Designed specifically for the needs of students, Education Checking provides the above free features for an opening deposit of $50. We’ll also deposit $10 into your account when you open it. There is no service charge until after your 25th birthday, and you receive free E-Statements to help you keep your finances organized online.
The Embark Checking Account offers unlimited check writing and debit card use, and is opened with a $50 initial deposit. There is no monthly service charge or minimum balance requirement with direct deposit into this account. If no direct deposit, the minimum balance to avoid the $3.00 monthly service charge:
- $300 average daily balance for the statement cycle OR
- $1,500 minimum daily balance in qualified combined checking, savings and CD accounts OR
- $5,000 minimum daily balance combined loan accounts.
Endeavor Checking from Timberwood Bank comes with numerous benefits, such as a Club Timberwood membership, complimentary services like copies, faxes, notary and money orders, Everyday Rebate Rewards, Everywhere Cash Savings and Identity Theft Insurance & Identity Fraud Support Service.
You can open an Endeavor Checking Account with $100, no minimum balance is required, and a $3 service charge will be imposed every month. Utilizing the Rebate Rewards, and other package incentives, pays for itself over and over.
Explore Checking takes our Embark and Endeavor accounts on step further by combining their features with additional benefits like a competitive interest rate, Club Timberwood checks and a one-year lease on a 3x5 safe deposit box. Opening an Explore Checking Account requires a $100 deposit. The minimum balance required to avoid the $6 monthly service charge include:
- $1,000 average daily balance for the statement cycle OR
- $5,000 minimum daily balance in qualified combined checking, savings and CD accounts OR
- $50,000 minimum daily balance in qualified combined loan accounts