Checking Accounts
Park Bank offers a variety of checking account options for you to choose from. Please see a comparison below. Current rates can be found here.
Account Name |
Signature Checking |
Park Advantage Checking | Park Basic Checking | Park @ Work Checking | Special Checking | Health Savings Accounts |
---|---|---|---|---|---|---|
Ideal for |
Customers who want to be rewarded for their multiple relationships and high balances | Customers who desire interest with no monthly service charge | Customers who want a basic low-cost checking account | Employees of Park Bank business clients | College students that need 24-hour access to their funds | People with a high deductible health plan that want to save pre-tax dollars for current or future medical expense |
Account Requirements |
|
Direct deposit or monthly balance of $300.00 | None | Employer must be part of employee banking program | Must be a college student | People with a high-deductible health plan |
Minimum opening balance |
$100 |
$300 |
$100 |
$0 |
$0 |
$0 |
Minimum balance or other requirements to avoid service charges | None | Monthly direct deposit or minimum daily ledger account balance of $300 or average daily balance of $1,000 in a statement cycle or combined daily ledger balance of $3,000 in checking and linked account |
None |
Must be employees of Park Bank business customers | $0 | $0 |
Monthly service charge |
$0 |
$15 | $3 if less than 14 checks & debits; $6 if 14 or more checks & debits | $0 | $0 | $0 |
Interest |
Yes | Yes | No | Yes | No | Yes |
Interest Rate |
Set by bank; interest paid on daily collected balance; compounded monthly | Set by bank; interest paid on daily collected balance; compounded monthly | N/A | Set by bank; interest paid on daily collected balance; compounded monthly | N/A | Set by bank; interest paid on daily collected balance; compounded monthly |
Interest Rate Tiers |
$1,000 + |
$1,000 + | N/A | $1,000 + | N/A |
|
Checks |
First order of checks Free | Cost varies by style | Cost varies by style | Cost varies by style | Cost varies by style | Cost varies by style |
Extra Benefits |
|
|
No minimum balance and no monthly service fees | For employees and insurance clients of Park Bank commercial customers, the $25 set-up fee is waived |
Complimentary Services:
- Free Visa Check Card
- Free ATM withdrawals with ATM Access at over 600 locations throughout Wisconsin
- Free ATM withdrawals at any of the 400 BMO Bank ATM terminals