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NorthEast Community Bank

Personal · Savings

Money market, statement savings, passbook, and Holiday Club.

Fees are waived with an average monthly balance, except the Holiday Club, which has a $5 annual fee unless posted balances are reached by the 50th week. Rates are not published.

Money Market

Interest from deposit to withdrawal.

A money market account with check writing. The $10 monthly fee is waived with a $2,500 average monthly balance.

  • Unlimited deposits and withdrawals.
  • Access at a 24-hour ATM, with a teller, or in online banking.
  • eStatements, mobile banking, and Allpoint ATM access.

Statement Savings

A statement, and an ATM card.

Statement savings with a $7.50 monthly fee, waived with a $250 average monthly balance.

  • Periodic statement, and account activity in online banking.
  • Can be linked to checking for sweep transfers.
  • eStatements, mobile banking, and Allpoint ATM access.

Passbook Savings

Each transaction recorded in the passbook.

Passbook savings with a $5 monthly fee, waived with a $250 average monthly balance. No ATM or debit card.

  • Online and mobile banking are available.
  • eStatements and Allpoint access are not included.
  • See the personal account terms and Truth in Savings disclosure for further limits.

Holiday Club

$5, $10, or $20.

An automatic savings plan for the holidays. The annual fee is $5 unless posted balances are reached by the 50th week of the club year.

  • Automatic transfers, so weekly branch deposits are not required.
  • Online and mobile banking are available. eStatements and Allpoint access are not.
  • The distribution date is not published.

Sweep Savings

Moves between checking and savings at no charge.

Sweep transfers funds between checking and savings, covering items presented on checking and returning excess to savings.

  • Statement Savings can be linked to checking for this sweep.

Compare

Money MarketStatement SavingsPassbook SavingsHoliday ClubSweep Savings
Monthly fee$10$7.50$5——
Fee waiver$2,500 average monthly balance$250 average monthly balance$250 average monthly balancePosted balances by the 50th week—
InterestYes — rate not publishedYes — rate not publishedYes — rate not publishedYes — rate not publishedSavings earns interest — rate not published
ChecksYesNoNo——
ATM / debitYesYesNoNo—
Club amount———$5, $10, or $20—
Annual fee———$5—
Fee————No charge
What you do————Nothing further once it is set up

Money Market

  • Unlimited deposits and withdrawals.
  • Access at a 24-hour ATM, with a teller, or in online banking.
  • eStatements, mobile banking, and Allpoint ATM access.

Call (800) 287-7500 for the current rate. Fees may reduce earnings.

Statement Savings

  • Periodic statement, and account activity in online banking.
  • Can be linked to checking for sweep transfers.
  • eStatements, mobile banking, and Allpoint ATM access.

Passbook Savings

  • Online and mobile banking are available.
  • eStatements and Allpoint access are not included.
  • See the personal account terms and Truth in Savings disclosure for further limits.

Holiday Club

  • Automatic transfers, so weekly branch deposits are not required.
  • Online and mobile banking are available. eStatements and Allpoint access are not.
  • The distribution date is not published.

Sweep Savings

  • Statement Savings can be linked to checking for this sweep.

See deposit rates