Checking

At Savings Bank of Walpole, we’re here to help you save.  That’s why we offer checking and money market accounts with no hidden fees, no gimmicks and no surprises.  Just honest-to-goodness value from a bank with your best interest in mind.

Review the chart below to see which account works best for you:

NOWGolden AgeMoney Market
Service ChargeNoneNone$2 (if balance < $100)
Interest RateTiered/ VariableTiered/ VariableTiered/ Variable
Check WritingUnlimitedUnlimited61
Debit CardYesYesNo
Internet BankingYesYesYes
Mobile BankingYesYesYes
Bill PaymentYesYesN/A

1 Limit of 6 checks or debits per statement cycle.

Checking Rates

as of 1/16/2019 at 10:38 pm

Product Minimum Balance to Earn Interest Interest Rate Annual Percentage Yield
Money Market $100 0.20% 0.20%
Money Market $2,500 0.20% 0.20%
Money Market $20,000 0.25% 0.25%
Money Market $50,000 0.25% 0.25%
Money Market $100,000 0.25% 0.25%
Money Market $250,000 0.30% 0.30%
NOW $100 0.05% 0.05%
NOW $2,500 0.05% 0.05%

Overdraft Protection Line of Credit

Our overdraft Protection Line of Credit is attached to your Savings Bank of Walpole checking account and advances funds to your account if an overdraft occurs.

Overdraft Protection Rates

as of 1/16/2019 at 10:38 pm

APR* Monthly Payment
16.00% The greater of $10.00 or accrued finance charges plus 4.25% of principal outstanding balance.