Checking

Personal Checking Accounts at Republic Bank of Chicago

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Free Checking

At a glance

Free checking account!

Best For

Economy checking for those who write a large volume of checks

Features

	Available only with check safekeeping
	$25 to open
	Monthly statement
	Phone-in access
	Free ATM / Debit card
	Free Internet banking with bill pay
	Free e-statements

Min. Balance

None

Fee

None

Interest Bearing Checking

At a glance

Interest bearing personal checking

Best For

Individuals who can maintain a minimum balance to avoid fees

Features

	Available either with check safekeeping or without
	Tiered interest structure - higher balances earn higher interest.
	$1,000 to open
	Monthly statement
	Phone-in access
	Free ATM / Debit card
	Free Internet banking with bill pay
	Free e-statements

Min. Balance

$1,000 minimum daily balance or average collected balance of $1,500 to avoid service charges and fees

Fee

$10 monthly fee if the daily balance falls below $1,000 or the average collected balance is below $1,500. Also, a $.20 fee per check paid if required balance is not met.

Elite Checking

At a glance

Best Interest bearing checking

Best For

Individuals who can maintain over $5,000 balance

Features

	Free Personal Checks
	Free Internet banking and bill payment
	Free cashier's checks
	Free Debit Card
	No fee Home Equity Lines of Credit
	Free e-statements

Min. Balance

$5,000

Fee

Beginning December 1, 2005, will assess a $30 service charge if the minimum balance (either daily OR average) falls below $5,000.

Power Index Account (Money Market)

At a glance

A Money Market Account for consumers who are looking to earn competitive market rates on deposits of $10,000 or more.

Best For

Individuals who can maintain a $10,000 minimum balance to earn interest and avoid fees

Features

	Automatic check safekeeping
	$10,000 to open
	Tiered interest based on account balances
	Monthly statement
	Phone-in access
	Limited to 6 preauthorized transfers per statement cycle of which no more than 3 may be checks

Rate

Rates tiered by balance:
Under $10,000 = 0.00% Annual Percentage Yield (APY)
$10,000 - $49,999 = 2.25% APY
$50,000 - $99,999 = 2.50% APY
$100,000 and up = 3.00% APY
Rates as of 5/13/08 and may change without notice

Min. Balance

$10,000 minimum daily balance to earn interest and avoid service charges and fees

Fee

$30 fee if the collected balance falls below $10,000 any day during month.

Also, $25 per item for each transaction in excess of stated preauthorized transaction limitations

Executive Money Market

At a glance

Interest bearing money market account

Best For

Individuals who can maintain a $2,500 minimum balance to earn interest and avoid fees

Features

	Automatic check safekeeping
	$2,500 to open
	Tiered interest structure-higher balances earn higher interest.
	Monthly statement
	Phone-in access
	Limited to 6 preauthorized transfers per statement cycle of which no more than 3 may be checks

Min. Balance

$2,500 minimum daily balance to earn interest and avoid service charges and fees

	$2,500 - $9,999.99 earns base rate.
	$10,000 - $24,999.99 Earns higher rate
	$25,000 and above earns highest rate

Fee

None, unless minimum balance is not maintained, then: $25 per month

Also, $25 per item for each transaction in excess of stated preauthorized transaction limitations