Checking Accounts
It's easy to open a Farmington Bank checking account. Select the account that best meets your needs using the chart below. The Help Me Decide feature is available to help you. Once you’ve chosen a checking account, you can open your account online, with a customer service representative through our call center or in-person at your local Farmington Bank branch.
| 50 Plus Checking | Better Than Free Checking | Direct Deposit Checking | Platinum Checking | Plus Interest Checking |
|---|
| Ideal for: | Individuals 50 years of age or older and want to earn interest on checking | Individuals that maintain a lower balance and write a lot of checks | Individuals looking for the convenience of direct deposit and want to earn interest on checking | Individuals looking to earn higher interest and maintain a higher balance | Individuals looking to earn interest and maintain a high balance |
| Unlimited free check writing |
 |
|
|
|
|
| Free online banking |
|
|
|
|
|
| Free online bill pay |
|
|
|
|
|
| Debit card that’s free of service fees (E) |
|
|
|
|
|
| Minimum balance to open † | $50 | (D) $0 | $50 | $50 | $50 |
| Minimum balance to avoid service fee † | N/A | N/A | Monthly Direct Deposit; or
$5.00/ month
| (A) $1,000
(B) $10,000
(C) $8.00 | (A) $500
(B) $5,000
(C) $5.00 |
| Earns interest | Interest Rates
| | Interest Rates
| Interest Rates
| Interest Rates
|
| Earns higher interest | | | | Interest Rates
| |
| Combined statements |
|
|
|
|
|
| Free traveler's checks | | | | | |
| Free telephone banking |
|
|
|
|
|
| Avoid service fee with direct deposit | | |
| | |
(A) – Minimum Daily Requirement
(B) – Minimum Aggregate Deposit Portfolio Balance
(C) – Monthly Service Charge
(D) – If this account is opened online or by phone, a $50 minimum applies.
(E) Farmington Bank will not impose a surcharge fee for using your debit card at a non-Farmington Bank ATM, however other banks may impose a surcharge fee.
† For more information, please refer to the Deposit Account Disclosures, for consumer accounts, which
contain complete account information and the terms and conditions for consumer deposit
accounts; the Schedule of Fees and Charges, which contains service charge
information related to deposit accounts and miscellaneous fees and charges for account
services; and the Deposit Account Agreement, which contains the following
important agreements and disclosures – "Deposit Account Contract", "Electronic
Funds Transfer and Cardholder’s Agreement", "Funds Availability Policy", "Check
21 Disclosures", "Discretionary Overdraft Policy and Disclosure", and "Data Protection
Privacy Notice".
