This is an interest bearing account for those who desire to do their banking when it's convenient for them. Complete with mobile banking, this account frees up your time for the more important things in your life.
How much it costs:
- Minimum Opening Balance of $50
- Interest-Bearing account (daily interest paid on balance over $1,000)
- Unlimited Check Writing
- Free Online Banking
- Free BillPay
- Free Mobile Banking1
- Free ATM transactions2
- Free MasterCardTM Debit Card
- Free 24-Hour Phone Plus
- 3 x 5 Safe Deposit Rental free for first year when subsequent years are set up for automatic draft (subject to availability)
- Free Coin Counting (subject to availability)
- Free Notary Service
If the balance falls below $1,000.00 on any day in the statement cycle, the account is subject to a $4.95 service charge.
1 Mobile Banking is free to online banking customers. However, your mobile carrier's text messaging and web access charges may apply.
2 Guaranty Bank & Trust does not charge a fee for using any ATM nationwide. Usage Fee may be charged by institution that owns the ATM.
3Overdraft protection is subject to approval. If you have overdraft protection on your account, Guaranty Bank & Trust, N.A. (“the Bank”) will not charge a fee if the item(s) that are paid results in your account being overdrawn between $0.01 and $10.00 at the end of the business day. The bank will charge a fee of $14.00 each time we pay an item drawn against non-sufficient funds when the amount of the item is less than $20.00 and is paid within your designated overdraft limit. The bank will charge you a fee of $28.00 for all other items paid or returned when drawn against non-sufficient funds. The maximum daily amount of fees the bank will charge you for overdrawing your account is $140.00. These fees may be imposed for covering overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means. Whether the Bank will pay your overdrafts is discretionary and not a right or obligation. The Bank reserves the right not to pay. For example, the bank typically does not pay overdrafts if your account is not in good standing, regular deposits are not being made to your account, or there are excessive overdrafts on your account. Termination of said account can result if the account remains in overdraft status for a period of 45 consecutive calendar days, and may lead to the account being charged off after 60 consecutive days.