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Personal Checking

 
 
Regular Checking
    • This account allows you to write unlimited checks without per-check charges.
    • You may make unlimited deposits and withdrawals at Mojave Desert Bank’s ATMs without charge.
    • Limitations: You must deposit $100.00 to open this account.

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Economy Checking
  • This account offers basic checking services, free personalized bank stock checks, free direct deposit of your payroll and/or government checks, ATM cards and no minimum balance requirements.

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Checking Plus
  • This account offers basic checking services, free personalized bank stock checks, free direct deposit of your payroll and/or government checks, ATM cards and no minimum balance requirements.

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55 Plus Checking
  • This account is available to anyone who is 55 or older. You also receive ATM cards, free personalized bank stock checks. You pay no monthly account maintenance fee regardless of your balance.

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Now Interest Checking
  • This account is available for individuals, sole-owners, non-profit organizations and government agencies
  • The account earns simple interest, which accrues daily and is paid at the end of each calendar quarter, if you close the account before interest is credited you will not receive the accrued interest.
  • Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.

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Checking Plus Gold
  • This account earns interest when your balance exceeds $1,000.
  • This package account offers many premiums with unlimited check writing.
  • You also receive free personalized bank stock checks, ATM cards, unlimited point of sale transactions (POS) at no charge, free notary service and accidental death insurance* of $10,000 ($5,000 each on a joint account) plus $1,500 on non-signer spouse and dependent children.

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Money Market Account
  • This is a tiered rate account and the amount of interest paid will depend upon the balance maintained.
  • Certain restrictions apply to the number of transactions permitted during each statement period.

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Insurance

The following information is in reference to Accidental Death Insurance for Checking Plus Gold Account:

*Insurance is:

  • NOT A DEPOSIT
  • NOT FDIC-INSURED
  • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
  • NOT GUARANTEED BY THE BANK
  • SUBJECT TO A DECREASE IN VALUE

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