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Choose the Checking Account that Fits YOUR Needs

Checking accounts come with more than just a place to deposit your hard-earned money at Putnam Bank. Each of our checking accounts comes with additional benefits to help you maximize your financial potential and reach your financial goals. As a checking account holder at Putnam Bank, you also get the friendly and knowledgeable customer service you deserve whenever you have a question about your account. 

 

Student Checking

Account DescriptionA starter checking account for high school students, ages 13-18. Must be opened jointly with a parent or guardian.
Minimum to Open$10
Minimum BalanceNone
Monthly Fee None
Fees may reduce Annual Percentage Yield (APY).
Earns Interest (APYs are subject to change)No
Fees may reduce Annual Percentage Yield (APY).
FREE Foreign ATM Transactions4 Per Cycle
Other banks may add a surcharge.
ChecksFREE Introductory Pack
(Basic Styles Free for ages 62+)
Additional Information$100 daily limit on MasterCard ® Debit.
Automatically converts to an Rewards Checking when student turns 18.

Rewards Checking

Account DescriptionA checking account that rewards you with a cash back bonus.
Minimum to Open$20
Minimum BalanceNone
Monthly Fee None
Fees may reduce Annual Percentage Yield (APY).
Earns Interest (APYs are subject to change)No
Fees may reduce Annual Percentage Yield (APY).
FREE Foreign ATM TransactionsYes
ATM fee refunds are subject to account qualification requirements,
only apply to domestic transactions and are capped at $25.00 per
statements cycle. If you believe you have not been reimbursed the correct amount,
please contact us. We must hear from you no later than 60 days after the statement cycle
where the reimbursement was applicable.
ChecksFREE Introductory Pack
(Basic Styles Free for ages 62+)
Additional InformationWorks together with Success Saver account. Earn higher Interest Rate and receive ATM Refunds when account qualifications are met.
Account qualifications:
a) Direct Deposit or Automatic Debit (ACH) [Not required for Rewards Checking].
Intra-bank transfers do not count as qualifying Direct Deposit or Automatic Payments;
b) Online Banking;
c) eStatements;
d) Conduct at least 15 Points of Sale (POS) Debit Card transactions (posted/cleared)within
the monthly statement cycle.
Personal Accounts Only. Must be 18 Years or Older.

Success Checking

Account DescriptionAn interest bearing account perfect for people who bank online and use their debit card often.
Minimum to Open$20
Minimum BalanceNone
Monthly Fee None
Fees may reduce Annual Percentage Yield (APY).
Earns Interest (APYs are subject to change)Yes - Tiered
Fees may reduce Annual Percentage Yield (APY).
FREE Foreign ATM TransactionsYes
ATM fee refunds are subject to account qualification requirements,
only apply to domestic transactions and are capped at $25.00 per
statements cycle. If you believe you have not been reimbursed the correct amount,
please contact us. We must hear from you no later than 60 days after the statement cycle
where the reimbursement was applicable.
ChecksFREE Introductory Pack
(Basic Styles Free for ages 62+)
Additional InformationWorks together with Success Saver account. Earn higher Interest Rate and receive ATM Refunds when account qualifications are met.
Account qualifications:
a) Direct Deposit or Automatic Debit (ACH) [Not required for Rewards Checking].
Intra-bank transfers do not count as qualifying Direct Deposit or Automatic Payments;
b) Online Banking;
c) eStatements;
d) Conduct at least 15 Points of Sale (POS) Debit Card transactions (posted/cleared)within
the monthly statement cycle.
Personal Accounts Only. Must be 18 Years or Older.

Start Fresh Checking

Account DescriptionA checking account for people who may have been denied a checking account due to financial problems in the past.
Subject to eligibility requirements. Cash Back Rewards may be subject to IRS reporting. Other terms, fees and conditions may apply. Other fees, including overdraft fees, may impact the cost of the account. Details of “other fees" are provided in the Schedule of Fees.
Minimum to Open$20
Minimum BalanceN/A
Monthly Fee $7.00
Regardless of Balance.
Fees may reduce Annual Percentage Yield (APY).
Earns Interest (APYs are subject to change)No
Fees may reduce Annual Percentage Yield (APY).
FREE Foreign ATM TransactionsNo
ATM fee refunds are subject to account qualification requirements,
only apply to domestic transactions and are capped at $25.00 per
statements cycle. If you believe you have not been reimbursed the correct amount,
please contact us. We must hear from you no later than 60 days after the statement cycle
where the reimbursement was applicable.
ChecksFREE Introductory Pack
(Basic Styles Free for ages 62+)
Additional InformationKeep your account in good standing for 12 months and you can request to change your account to one of our other checking accounts.

Classic Choice Checking

Account DescriptionA checking account with no minimum balance for customers with direct deposit, or who are 50 years of age or older.
Minimum to Open$20
Minimum Balance$500
Monthly Fee $7.00*
Fees may reduce Annual Percentage Yield (APY).
Earns Interest (APYs are subject to change)No
Fees may reduce Annual Percentage Yield (APY).
FREE Foreign ATM TransactionsNo
ATM fee refunds are subject to account qualification requirements,
only apply to domestic transactions and are capped at $25.00 per
statements cycle. If you believe you have not been reimbursed the correct amount,
please contact us. We must hear from you no later than 60 days after the statement cycle
where the reimbursement was applicable.
ChecksFREE Introductory Pack
(Basic Styles Free for ages 62+)
Additional InformationGo with the popular choice! *Monthly service fee is waived with direct deposit, or for individuals who are 50 years of age or older.

Premier Relationship Checking

Account DescriptionAn account that rewards higher balances with a higher rate of return with unlimited check writing.
Minimum to Open$1,000
Minimum Balance$10,000
$10,000 combined balance must be maintained each day of the statement cycle in the Bank accounts to waive monthly service and foreign ATM fees. Accounts eligible for combined balance include checking, savings, Money Market, CD, and IRA accounts.
Monthly Fee $15.00
$10,000 combined balance must be maintained each day of the statement cycle in the Bank accounts to waive monthly service and foreign ATM fees. Accounts eligible for combined balance include checking, savings, Money Market, CD, and IRA accounts.
Earns Interest (APYs are subject to change)Yes - Tiered
$10,000 balance must be maintained in Premier Relationship account to earn APY.
Fees may reduce Annual Percentage Yield (APY).
FREE Foreign ATM TransactionsYes
$10,000 combined balance must be maintained each day of the statement cycle in the Bank accounts to waive monthly service and foreign ATM fees. Accounts eligible for combined balance include checking, savings, Money Market, CD, and IRA accounts.
ATM fee refunds are subject to account qualification requirements,
only apply to domestic transactions and are capped at $25.00 per
statements cycle. If you believe you have not been reimbursed the correct amount,
please contact us. We must hear from you no later than 60 days after the statement cycle
where the reimbursement was applicable.
ChecksFREE Introductory Pack
(Basic Styles Free for ages 62+)
Additional InformationPersonal accounts only, with no more than two premier accounts per household.

 

For complete account details and disclosures for any of our checking accounts, please visit one of our convenient Putnam Bank offices or contact us today.

FDIC Coverage Limits »

Checking Account Features

Not only do checking accounts at Putnam Bank give you a place to organize your money, but they also come with benefits such as: (Benefits vary by account type)


Personal Credit Protection (PCP)

Be protected from overdrafts with this convenient line of credit attached to your checking account (subject to credit approval).

Overdraft Protection (ODP)

Overdraft protection provides automatic transfer of funds from your savings or checking account to a checking account when your balance falls below zero. Please see our Schedule of Fees for ODP transfer fee.

Start your Putnam Bank checking account online or visit any of our offices to get started today!