Lowell Co-operative Bank
Hours Contact Us Directions Links Privacy Policy Home Lowell Co-operative Bank

(c) 2002 Lowell Co-operative Bank

 


Checking Accounts

Free Checking
N.O.W. Checking
Money Market Fund
Other Services

Free Checking

  • Unlimited checkwriting
  • Minimum balance requirement to open the account of $25
  • No monthly service fee
  • Monthly statements

Return to TOP

N.O.W. Checking

  • Unlimited checkwriting
  • Monthly statements
  • Initial deposit requirement of just $25.
  • Interest paid on minimum balance of $10.
  • Low monthly service charge of just $3.00 per month when the average daily balance falls below $500.
  • A $.20 per check fee will be charged regardless of the balance

Return to TOP

 

Money Market Fund

  • Gives you easy access to your account with check-writing capabilities so your funds remain readily available while still earning interest. Limit 3 checks per cycle.
  • This is a tiered variable rate account, the daily account balance determines the daily interest rate paid on the entire balance of the account.
  • Interest Paid Monthly
  • Minimum to open an account is $25
  • A monthly maintenance fee of $3.00 will be imposed each monthly
    statement cycle if the average daily balance for the monthly
    statement cycle falls below $1,000.00. The average daily balance is
    calculated by adding the principal in the account for each day of
    the period and dividing that figure by the number of days in
    the period. This fee will not apply to customers 18 years of age and
    younger or 55 years of age and older and we have been so
    notified.

Any of the following related services can add to the convenience of your personal checking or money market account:

Automatic Transfers Overdraft Protection
Direct Deposit Wire Transfer
A Lowell Co-operative Automatic Loan Payment
24 Hour Voice Response Telebanking 888-856-7748

Return to TOP