Covenant FREE Checking

We want to give our customers convenient checking with all the extras you need to bank when, where and how you want - FREE! Covenant FREE Checking is a checking account with unlimited check writing, no minimum balance requirement and no monthly service charge. With this ac­count, Online Banking and Bill Pay are free. ATM transactions at Covenant Bank ATM’s are free. Covenant Bank will also refund the fees other banks charge to use their ATMs. Covenant FREE Checking is a non-interest bearing account with a $50 minimum opening deposit required. When you open your account, your first order of checks is free.

Community Spirit

An interest bearing account with no maintenance fee as long as a minimum balance of $500 is kept in the account. If the minimum daily balance drops below $500, a service charge of $6.00 will be as-sessed per month. Unlimited check writing with no per check charge. By purchasing local school logo checks, you will make a tax deductible donation to that school system of $5.00 per box. This account requires a minimum initial deposit of $100.00. lfyou choose, you can receive two boxes of bank wallet logo checks free per year.

Covenant Gold

This is the perfect account for our customers 50 years of age or older. The account has no monthly balance requirements and no service charge with unlimited check writing. This account is interest bearing if the daily balance stays at $500 or more per statement cycle. With this account, we provide two boxes of bank wallet logo checks free per year. Also, there will be no fee for telephone trans­fers and you will receive a discount on your safe deposit box. This account has a minimum initial deposit of $50.00.

Covenant FREE Checking

We want to give our customers convenient checking with all the extras you need to bank when, where and how you want - FREE! Covenant FREE Checking is a checking account with unlimited check writing, no minimum balance requirement and no monthly service charge. With this ac­count, Online Banking and Bill Pay are free. ATM transactions at Covenant Bank ATM’s are free. Covenant Bank will also refund the fees other banks charge to use their ATMs. Covenant FREE Checking is a non-interest bearing account with a $50 minimum opening deposit required. When you open your account, your first order of checks is free.

Community Spirit

An interest bearing account with no maintenance fee as long as a minimum balance of $500 is kept in the account. If the minimum daily balance drops below $500, a service charge of $6.00 will be as-sessed per month. Unlimited check writing with no per check charge. By purchasing local school logo checks, you will make a tax deductible donation to that school system of $5.00 per box. This account requires a minimum initial deposit of $100.00. lfyou choose, you can receive two boxes of bank wallet logo checks free per year.

Covenant Gold

This is the perfect account for our customers 50 years of age or older. The account has no monthly balance requirements and no service charge with unlimited check writing. This account is interest bearing if the daily balance stays at $500 or more per statement cycle. With this account, we provide two boxes of bank wallet logo checks free per year. Also, there will be no fee for telephone trans­fers and you will receive a discount on your safe deposit box. This account has a minimum initial deposit of $50.00.

Savings Account

A traditional account to help you save for your dreams. Save for a vacation, home, education, or a more secure retirement. Interest is paid on bal­ances of $50 and greater. You receive a statement quarterly. An excessive transaction fee of $2.00 will be imposed for each withdrawal in excess of 3 per month. We also offer children’s (minor) savings accounts.

Christmas & Vacation Club

A traditional account to help save for your dreams, Covenant Bank offers these special savings accounts at no charge and pays interest. Christmas Clubs open in November and pay out in November of the following year. Vacation clubs open in May and pay out in May of the following year. Merry Christmas and Bon Voyage!

Certificates of Deposit

Covenant Bank has a wide range of investment certificates of deposit. We pay competitive interest rates. The minimum deposit to open this type of account is $500. The annual percentage yield (APY) is determined at the time of deposit. A substantial interest penalty is required for early withdrawal. For your convenience most of our certificates are automatically renewed.

Individual Retirement Account (IRA) Certificate of Deposit

An Individual RetirementAccount is one ofthe best tax savings investments for your retirement. Your investment is safe with Covenant Bank since your IRAdeposits are separately insured up to $250,000 by the FDIC. A minimum investment of $250 is re­quired to open an account, and as with a traditional Certificate of Deposit, a substantial interest penalty is required for early withdrawal.

Savings Account

A traditional account to help you save for your dreams. Save for a vacation, home, education, or a more secure retirement. Interest is paid on bal­ances of $50 and greater. You receive a statement quarterly. An excessive transaction fee of $2.00 will be imposed for each withdrawal in excess of 3 per month. We also offer children’s (minor) savings accounts.

Christmas & Vacation Club

A traditional account to help save for your dreams, Covenant Bank offers these special savings accounts at no charge and pays interest. Christmas Clubs open in November and pay out in November of the following year. Vacation clubs open in May and pay out in May of the following year. Merry Christmas and Bon Voyage!

Certificates of Deposit

Covenant Bank has a wide range of investment certificates of deposit. We pay competitive interest rates. The minimum deposit to open this type of account is $500. The annual percentage yield (APY) is determined at the time of deposit. A substantial interest penalty is required for early withdrawal. For your convenience most of our certificates are automatically renewed.

Individual Retirement Account (IRA) Certificate of Deposit

An Individual RetirementAccount is one ofthe best tax savings investments for your retirement. Your investment is safe with Covenant Bank since your IRAdeposits are separately insured up to $250,000 by the FDIC. A minimum investment of $250 is re­quired to open an account, and as with a traditional Certificate of Deposit, a substantial interest penalty is required for early withdrawal.

Money Market Account

Watch your money grow in an account that works like a savings account, with no service charge if you maintain a $2500 minimum balance or greater. If your balance drops below $2500, the monthly maintenance fee is $10 and no interest will be paid. This account carries a transaction limitation. Higher interest rates are paid when your balance is above $10,000 or $50,000.

Money Market Account

Watch your money grow in an account that works like a savings account, with no service charge if you maintain a $2500 minimum balance or greater. If your balance drops below $2500, the monthly maintenance fee is $10 and no interest will be paid. This account carries a transaction limitation. Higher interest rates are paid when your balance is above $10,000 or $50,000.