relationship_acct.jpg

Benefit from a mutual commitment with a Pinnacle Relationship Account.

learn more

Open an account!

get started

Personal Checking Accounts

Choose your checking advantage.

No matter what you’re looking for, Simsbury Bank Advantage Checking offers a full range of advantages to fit every banking style and stage of life. Choose the account type that best suits you, and benefit from the greatest advantage of all – banking with a leading community bank that understands your needs.

 eAdvantageEveryday Advantage65+ AdvantageEarning Advantage
Key Features & Benefits

Electronic account

No monthly service charges (see below)

No minimum balance

No charge for teller deposits

One free overdraft transfer from savings per month1

No physical checks required

Debit Card Daily Limit: $1,500 (all purchases and ATM withdrawal’s combined)

ATM Max. daily withdrawal: $400

Modest minimum balances required2

One free overdraft transfer from savings per month1

Debit Card Daily limit: $1,500 (all purchases and ATM withdrawal’s combined)

ATM Max. daily withdrawal: $400

Modest minimum balances required2

Exclusive to those age 65 and older

Free checks

One free overdraft transfer from savings per month1

Debit Card Daily limit: $1,500 (all purchases and ATM withdrawal’s combined)

ATM Max. daily withdrawal: $400

Moderate minimum balances required2

Earns modest interest

One free overdraft transfer from savings per month1

Debit Card Daily limit: $1,500

ATM Max. daily withdrawal: $400 (all purchases and ATM withdrawal’s combined)

Minimum Balance
to Avoid Fees:

Checking or

Total Combined Average Daily Balance3

 



None

 

None

 



$500

 

$1,500

 



$500

 

$2,500

 



$750

 

$3,500

Monthly Service Charge
(only if minimum balance is not met)
N/A $8 $3 $8
Earns Interest? No No No Yes
Other Charges

Teller withdrawal or split transaction: $1

Must pay for checks if checks are desired

None Postage and taxes for checks ordered None
Requirements

To use this account, you must have:

  • Online banking
  • eStatements
  • Online bill pay
  • Debit card
None One 65+ Advantage account per customer None
 Pinnacle AdvantagePinnacle+ AdvantageFamily AdvantageFamily Linked Advantage
Key Features & Benefits

Greater benefits with greater minimum balances2

Earns interest

Unlimited extra .10% interest on CDs

Daily purchase limit: $2,000

Max. daily withdrawal: $500

Free checks (our choice)

No annual fees on home equity lines of credit

.25% reduction on fixed-rate home equity loans

One free overdraft per month

Treasurer's checks are free

Greatest benefits with greatest minimum balances2

Includes outstanding equity loan/line balances

All ATM fees rebated across the USA

Earns interest

Unlimited extra .25% interest on CDs

Daily purchase limit: $2,500

Max. daily withdrawal: $760

Free checks (our choice)

No annual fees on home equity lines of credit

.25% reduction on fixed-rate home equity loans

Mortgage application fee rebate

All overdraft transfers from savings are free

Treasurer's checks are free

Enhanced card purchase (POS) of $3,500 and cash limits of $1,000

No annual fee on HELOCs

35 basis points premium on new CDs

Rebate on mortgage application fee

Free treasurer’s checks

Savings overdraft protection free

Card purchase (POS) of $1,500 and cash limits of $400

One free savings overdraft per month, per account

Minimum Balance
to Avoid Fees:

Checking or

Total Combined Average Daily Balance3

 



$15,000 in checking or combined deposit balances

 



$25,000 in checking or combined balances, including qualified loan balances

 



Combined deposit balances of $150,000 or greater, with a minimum of $50,000 in primary checking

 



Family Advantage primary account must meet minimum balance requirements

Monthly Service Charge
(only if minimum balance is not met)
$10 $10 $35 Assessed on Family Advantage primary account
Earns Interest? Yes Yes Yes No, however the account has no monthly service fee
Other Charges None None None None
Requirements

To use this account, you must have:

  • Online banking
  • eStatements

To use this account, you must have:

  • Online banking
  • eStatements

To use this account, you must have:

  • Online banking
  • eStatements

To use this account, you must have:

  • Related to the Family Advantage primary account owner
  • 18-26 years of age

1Requires both checking and savings accounts. In some instances, you may need to provide authorization to activate a savings account. Please go to www.simsburybank.com/overdraft-form to authorize your account. If you don’t have a savings account, please visit your local branch to open one.

2Calculations based on average daily balances.

3Combined deposit balance does not include Passbook accounts.

Simsbury Bank

You are leaving simsburybank.com, a secure site. The site you are entering may not contain the same level of security.

Go Back  |   Continue