Online Banking
Personal/Small Business
Business Banking
Checking
Putnam Bank offers the following Personal Checking products:
- Classic Checking
- Classic Choice Checking
- Classic 50's Checking
- Eco Checking
- EcoPlus Checking
- Student Checking
- N.O.W. Checking
- Premier Relationship Account
- Smart Choice Checking
- Prestige Money Market
- FDIC Coverage
- Funds Availability Policy
- Putnam Bank Check Card
- Personal Credit Protection (P.C.P.)
- Overdraft Protection
Classic Checking Account
Classic Checking is a convenient and affordable checking account with unlimited check writing. The low monthly fee is waived when you maintain a low minimum daily balance of just $100.00.
- Maintain a daily minimum balance of only $100.00 to avoid service charges
- Low monthly fee of $7.00 when balance falls below $100.00
- FREE Putnam Bank Check Card
- FREE Telephone Banking Service
- FREE introductory order of printed checks
- Minimum to open account is $20.00
- Account is free of monthly service charges for customers aged 62 and older
- FREE Online Banking
- FREE Online Bill Payment Service*
* Note: If registered for Bill Payment and you don't make any bill payments in two consecutive months, a $5 monthly fee will be assessed to your checking account at the start of the third month.
Classic Choice Checking
Enjoy the benefits of a no minimum balance checking account with unlimited check writing by choosing the convenience of direct deposit.
- No monthly fee or minimum balance required as long as direct deposit is maintained
- FREE Putnam Bank Check Card
- FREE Telephone Banking Service
- Four Fee-Free Foreign ATM transactions per statement cycle
- FREE introductory order of printed checks
- Minimum to open account is $20.00
- FREE Online Banking
- FREE Online Bill Payment Service*
* Note: If registered for Bill Payment and you don't make any bill payments in two consecutive months, a $5 monthly fee will be assessed to your checking account at the start of the third month.
Classic 50's Checking
People aged 50 and over enjoy free checking with our Classic 50's Checking. Classic 50's customers also receive a FREE Coupon Book offering discounts at many area restaurants and businesses.
- No minimum daily balance
- FREE Checks (limited selection)
- FREE Putnam Bank Check Card
- FREE Telephone Banking
- FREE Online Banking
- FREE Online Bill Payment Service*
- No annual fee for Personal Credit Protection
- Fee-Free single party Traveler's Checks
- Fee-Free Money Orders & Cashier's Checks (2 per day)
- FREE Notary Service
- Four Fee-Free Foreign ATM transactions per statement cycle
- FREE Signature Guarantees
- 10% Discount on Safe Deposit Box rental fees
* Note: If registered for Bill Payment and you don't make any bill payments in two consecutive months, a $5 monthly fee will be assessed to your checking account at the start of the third month.
Eco Checking
Designed with the college student in mind. Ideal for someone looking to do their banking electronically whose not quite ready to pay bills online. Take advantage of free and easy checking with the convenience of a debit card, online banking, and eStatements.
No minimum balance or direct deposit requirement.
No monthly service fees.
- FREE Check Card with Uchoose RewardsTM
- FREE Online Banking
- FREE foreign ATM transactions1
- Rebate of up to $10.00 per statement cycle of other bank ATM surcharge fees
- First order of 25 checks free
- Free Telephone Banking Service
Minimum opening deposit is 20.00. Personal accounts only. Must be 18 Years or Older. One account per Social Security Number. Account holders must a) sign-up for eStatements; b) a debit card must be used on this account and c) sign up for online banking. The debit card must be linked to the checking account as the primary debit card and used at least once per statement cycle. Paper account statements are not available on this account. 1 Other banks may add a surcharge.
EcoPlus Checking
If you use your Check Card for most transactions, pay your bills and bank online, and prefer the convenience of eStatements, this account is for you. It’s a more environmentally friendly way to bank since there’s less paper. And while you’re “going green” we’ll pay you “green”. You earn interest on your entire balance.
No minimum balance or direct deposit requirement. No monthly service fees.
- FREE Check Card with Uchoose RewardsTM
- FREE Online Banking
- FREE Online Bill Payment Service*
- FREE foreign ATM transactions1
- Rebate of up to $10.00 per statement cycle of other bank ATM surcharge fees
- First order of 25 checks free
- Free Telephone Banking Service
Annual Percentage Yields (APYs) are subject to change without notice. Fees may reduce Annual Percentage Yield. Minimum opening deposit is 20.00. Personal accounts only. Must be 18 Years or Older. One account per Social Security Number. Account holders must a) sign-up for eStatements; b) sign-up for Online Bill Payment and pay at least one bill payment per statement cycle and c) a debit card must be used on this account. The debit card must be linked to the checking account as the primary debit card and used at least once per statement cycle. Paper account statements are not available on this account. * Note: If registered for Bill Payment and you don't make any bill payments in two consecutive months, a $5 monthly fee will be assessed to your checking account at the start of the third month. Other fees may apply. 1 Other banks may add a surcharge.
Student Checking Account*
Designed for teenagers, aged 13-18, to help understand the basic concepts of money management.
- No daily minimum balance
- Monthly fee is waived
- FREE Putnam Bank Check Card with a $50.00 daily limit
*This account must be established in the child's name jointly with a parent or guardian.
N.O.W. Checking Account
Earn interest on the entire balance in your N.O.W. Checking Account when you maintain a minimum daily balance of only $100.00.
- Maintain a minimum daily balance of $1,000.00 to avoid $7.50 monthly service charge
- Minimum daily balance to earn interest is $100.00
- Interest is compounded daily
- Unlimited check writing
- FREE Putnam Bank Check Card
- FREE Telephone Banking Service
- FREE Online Banking
- FREE Online Bill Payment Service*
* Note: If registered for Bill Payment and you don't make any bill payments in two consecutive months, a $5 monthly fee will be assessed to your checking account at the start of the third month.
Premier Relationship Account
Earn competitive rates of interest on Checking Account balances of $7500.00 and above. Click here for current rates.
- Maintain a minimum combined balance of $7,500.00 to avoid $15.00 monthly service charge
- Minimum daily balance to earn interest is $7,500.00
- Interest is compounded daily
- Unlimited check writing
- FREE Putnam Bank Check Card
- FREE Telephone Banking Service
- FREE Online Banking
- FREE Online Bill Payment Service*
- FREE Single Party Travelers Checks
- FREE foreign ATM transactions1
Link your other Putnam Bank Accounts - Checking, Savings, Money Market Accounts and/or CDs - to your Premier Relationship Checking Account and you also receive:
- FREE Checks or 50% discount on certain styles
- Save 50% on Safe Deposit Box Rental Fees (first year only)
- 1/4% OFF Home Equity Loan Interest Rate (Automatic payment required)
- Save $100 on Mortgage Closing Costs
- $1000 Overdraft Privilege Service
1 Other banks may add a surcharge.
* Note: If registered for Bill Payment and you don't make any bill payments in two consecutive months, a $5 monthly fee will be assessed to your checking account at the start of the third month.
Smart Choice Checking
It's the checking account that pays money market rates. It's the money market account you can use like a checking account. Smart Choice Checking pays you higher rates of interest on larger balances. Unlike a money market account, there are no restrictions on withdrawals. Click here for current rates.
- Unlimited check writing.
- Maintain a minimum daily balance of $10,000 to avoid $15.00 monthly service fee
- Minimum daily balance to earn interest is $10,000
- FREE Checks (limited selection)
- FREE Putnam Bank Check Card
- FREE Telephone Banking
- FREE Online Banking
- FREE Online Bill Payment Service*
- Fee-Free single party Traveler's Checks
- Convenient consolidated monthly statement
- FREE Notary Service
- FREE Signature Guarantees
* Note: If registered for Bill Payment and you don't make any bill payments in two consecutive months, a $5 monthly fee will be assessed to your checking account at the start of the third month.
Prestige Money Market Statement Account
Our tiered Prestige Money Market Statement Account pays you higher rates of interest on larger balances and provides limited check- writing privileges. Click here for current rates.
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Maintain a minimum daily balance of $1,000.00 to avoid $12.00 monthly service fee
- A fee of $9.50 per transaction is imposed for exceeding transfer limitations*
- Maintain a minimum daily balance of $1,000.00 to earn interest
- FREE Putnam Bank Check Card (certain restrictions apply)
- FREE Telephone Banking Service
- FREE Online Banking
*Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, computer, check, debit card, or similar order and telephone transfer are limited to six per statement cycle.
Putnam Bank Check Card
The Go-Everywhere, Do-Everything Card that works like a check, without the hassles. Our Putnam Bank VISA® Check Card is the faster, more economical way to buy the products and services you need. With your Check Card you can make purchases from your checking account without writing a check.
Funds are automatically deducted from your Putnam Bank Checking Account. You can also use your Check Card at any ATM displaying the VISA® logo. It's the checking – withdrawing – depositing – transferring card – All in One!
Putnam Bank is a member of the NYCE network's SUM program. What does this mean to you? If you use ATM's which display the SUM logo you will not be assessed a surcharge on your ATM transactions (foreign ATM transaction fees may still apply).
Putnam Bank is constantly working to ensure your security. In an effort to better protect our customers and to reduce Debit/ATM card fraud, Putnam Bank will block debit card transactions from being processed through certain countries and / or merchant codes. We are asking that each cardholder contact the Operations Department at 800-377-4424 when you plan to travel outside of the U.S. Click here for the list of “Blocked” countries. However, this list can change at any time. Therefore, any customers traveling abroad should never rely solely upon a Debit/ATM card for means of obtaining cash or making purchases.
To conduct a SUM search by City or by Financial Institution, click here.
Stop by or call the Branch nearest you today to apply!
Personal Credit Protection (P.C.P.)
A convenient line of credit attached to your checking account. (Subject to credit approval). Protect your valuable credit with Putnam Bank's Personal Credit Protection, a convenient line of credit attached to your checking account.
- Your checking account is protected from overdrafts
- You are protected against overdraft charges and returned checks
- Your billing notice is part of your monthly checking account statement
- Annual fee is $12.00
- Amount: $500.00 - $5,000.00 ( Subject to credit approval)
Overdraft Protection
Overdraft Protection provides an automatic transfer of funds from your savings or checking account to a checking account when your balance falls below zero. The charge is $5.00 per transfer.
- Your checking account is protected against overdraft charges and returned checks.
- There is a collegiate discount for this service.
