No Minimum Balance Requirement on Monarch and Sequoia Checking AccountsDated: January 19, 2023
Woohoo! As of January 2023, our Monarch and Sequoia Checking accounts no longer have a minimum deposit requirement. The $5 monthly service fee for accounts below $100 without direct deposit has been eliminated. A $400 minimum daily balance is still required to earn interest. Visit our savings rate page to see our current rates!
Don’t have a checking account? Our personal checking accounts have great benefits such as:
- No Monthly Service Fees
- No Minimum Balance Requirement
- Eligible for Debit Card Round Up
- Remote Deposit Capture for Checks*
- Discount on Qualifying Loans
- Free Debit Card and Online Bill Pay
- ACH on Demand**
Some features exclusively available through online banking and our mobile app. An early posting fee applies to ACH on demand.
Please call us at (920)729-2999 if you have any questions or would like a copy of our updated Terms & Conditions.