Pamrapo Savings Bank NOW Checking

Maintain a $500.00 Balance and earn interest and it's free* checking - no Monthly service charges. For as little as $100.00 it can get you started.

NOW Checking Account

Minimum Deposit to Open

$100.00

Minimum Balance to obtain APY*

$500.00

Interest Rate**

0.75%

Annual Percentage Yield**

0.75%

Account Terms

The interest rate and annual percentage yield may change at our discretion.

Interest begins to accrue on the business day you deposit non-cash items (For example, checks).

Interest on checking accounts is simple interest.

If you close your account before the interest is credited you will not receive the accrued interest.

We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

ATM/Debit Card Available.

*Restrictions Apply
Rates Effective November 18, 2009
*Daily Balance (the amount of principal in the account each day).
Annual percentage yield assumes that interest remains on deposit. Withdrawal of interest will reduce earnings.
**Rates subject to change without notice. Please call 201 339-4600 for current rates.
***Not applicable at this time.