Personal

Regular Checking

  • No minimum amount required to open account.
  • Unlimited checking.
  • Monthly statement.
  • No minimum balance required.

Now Account Checking

  • No minimum balance required to open account.
  • Variable rate of interest paid monthly (ask for current rate).
  • Service Charge of $5.00 per month plus 20¢ per check.
  • Service Charge waived if:
    • $500.00 average collected balance maintained in account. or
    • $2,500.00 daily minimum balance maintained in Savings or Certificate of Deposit account.
  • Monthly statement, cancelled checks returned.
  • If balance falls below daily minimum balance, no interest is paid.

Money Market Account

  • $1,000.00 minimum amount to open account.
  • Variable interest rate paid monthly (ask for current rate).
  • Service Charge of $5.00 per month.
  • 25¢ per withdrawal.
  • Service Charge waived if $1,000.00 daily minimum balance is maintained.
  • Monthly statement.
  • If balance falls below daily minimum balance, no interest is paid.

Money Market Checking

  • $10,000.00 minimum amount to open account.
  • Variable interest rate paid monthly (ask for current rate).
  • A minimum balance fee of $20.00 per month will be imposed every statement period that the average daily balance for the statement period falls below $10,000.00 and the APY will be reduced to the current regular money market rate.

Premium Money Market Account

  • $25,000.00 minimum amount to open account.
  • Variable interest rate paid monthly (ask for current rate).
  • A minimum balance fee of $20.00 per month will be imposed if the balance falls below $25,000.00 any day of the month and the APY will be reduced to the current regular money market rate.
  • If the balance falls below $1,000.00, no interest is paid.

Regular Savings

  • No minimum amount required to open.
  • Interest paid quarterly (ask for current rate).

Certificate of Deposit

  • All types of certificates offered with different maturities.
  • Interest may be added to Certificate of Deposit, paid by check, or added to another account at Clare Bank.
  • Interest paid: monthly, quarterly, semi-annually or annually.
  • Ask about current rates and terms available.