Personal Checking Accounts

Premium Gold

If you want to earn a high interest rate on your transaction checking account, then Premium Gold is the choice. It is designed for personal accounts, sole proprietorships, and non-profit organizations. The account requires a minimum balance of only $1,500. Interest rates are tiered and can be found in our current rates table. There is no service charge on balances above $1,500. A monthly service charge of $15 applies for balances under $1,500. Premium Gold offers free 24-hour telephone banking, free internet banking, free bill payment and a free debit card.

Money Market Gold

This Covenant Bank high yield interest-bearing checking account  is available to anyone. It requires a minimum deposit of $2,000 and is for customers who want to earn higher interest yet maintain immediate check writing ability. Money Market Gold tiered interest rates are extremely competitive.  Please refer to our current rates for the listing of the tiers. Six free checks are permitted per statement cycle, after which a $5 per check fee is charged. There is no service charge on balances above $2,000. A monthly service charges of $10 applies for balances under $2,000.

Inspired Checking

Covenant Bank’s  Inspired Checking account is designed for individuals, sole proprietorships and non-profit organizations wanting an “Inspired Interest Rate”.  You can open this innovative account with only $100.00 and it offers refunds of foreign atm fees up to $20.00 per **Qualification period.  No monthly maintenance fees, unlimited check writing, free internet banking, free bill payment and free debit card included. 

To qualify for Covenant’s Inspired Checking, 10 debit card (POS or merchant) transactions must post to your account within the **Qualification period.   Also one credit or debit transaction using the Automated Clearing House (ACH) must post to your account within the **Qualification period.  You must also receive your bank statement via our Internet Banking service. Please refer to our current rates for information on our Inspired Checking rates.

**Qualification Period:  Minimum monthly activity required will be considered from debit card/ACH items posted to your account on the last business day of the previous statement cycle through the next to last business day of the current statement cycle. 

Covenant Free

An everyday checking account that can be started with a $100 deposit.  It allows unlimited transactions and there is no monthly service charge.  Our Covenant Free account offers free internet banking services, free bill payment , a free debit card and free 24 hour telephone banking service.

 

Club Accounts

Covenant Club

This is for customers who want extra value and benefits from an interest-bearing checking account. It requires a $100 deposit to open and has a monthly service charge of $9.95. Covenant Club accounts offer financial benefits, including free personalized checks and interest earned on your balance. Other features include insurance and security benefits, travel, health and savings benefits. For additional information, get a Covenant Club brochure today.

Covenant Club offers free 24-hour telephone banking, free internet banking, free bill payment and a free debit card.

Covenant Gold

Exclusively for customers 50 and over, a Covenant Gold account offers a checking package packed with a wealth of savings, convenience and security. It requires a $100 deposit. Because Covenant Bank believes seniors have earned special treatment, it lowers service charges on similar club accounts by $5 to $4.95 per month. Covenant Gold offers financial benefits, including free personalized checks and interest earned on your balance. Other features include insurance and security benefits, travel, health and  savings benefits. For additional information, get a Covenant Gold brochure today.

Covenant Gold offers free 24-hour telephone banking, free internet banking, free bill payment and a free debit card.