Free Checking |
Direct Deposit Checking |
Interest Checking |
Classic 55 Checking |
|
Minimum
Balance to Open |
$100 |
$100 |
$100 |
$100 |
Minimum
Requirements to Avoid Monthly Maintenance Fees |
0 |
No
minimum balance required. Monthly direct deposit required |
$1,500
daily balance or $10,000 in a Money Market, CD, IRA or Savings |
$1,000
daily balance or $2,500 in a Money Market, CD, IRA, or Savings
& Must be over 55 |
Monthly
Fees |
FREE |
FREE |
$8.00
per month plus a $.35 per debit if minimum balance is not maintained |
$10.00
per month plus $.35 per debit if minimum balance is not maintained |
Interest
Paid on Balances |
0 |
0 |
YES |
YES |
Unlimited
ATM/Debit Card Transactions at Southport Bank ATMs* |
FREE |
FREE |
FREE |
FREE |
Check
Safe Keeping |
FREE |
FREE |
FREE |
FREE |
BounceGuard™** (overdraft privilege) |
$500 |
$750 |
$750 |
$750 |
Navigator
Line (Bank by Phone) |
FREE |
FREE |
FREE |
FREE |
Internet
Banking |
FREE |
FREE |
FREE |
FREE |
Bill
Pay via Internet Banking |
FREE |
FREE |
FREE |
FREE |
* Non-proprietary ATM charges (ATMs not owned by Southport Bank) - DIRECT DEPOSIT CHECKING, INTEREST CHECKING and CLASSIC 55 CHECKING customers can make four (4) free non-proprietary ATM transactions per statement cycle. Each subsequent non-proprietary ATM transaction will be charged $1.00. FREE CHECKING customers are charged $1.00 per non-proprietary ATM transaction.
** Automatically added to an account as long as it meets the requirements of our BounceGuard™ overdraft privilege policy.
