Personal Checking Options
Your checking account needs to be right for you. At Deerwood Bank
we know your checking needs may differ from those of others, perhaps in
the number of checks written per month, balance maintained, or other
services used. Whether this is your first experience with a checking
account or you are an experienced money manager, you'll find that
opening and maintaining your checking account at Deerwood Bank is a
better way to bank. An Deerwood Bank Banker will assist you in selecting
the account that will best satisfy your financial needs.
Overdraft Privilege - NEW!
Deerwood Bank is pleased to offer Overdraft Privilege for all eligible
consumer checking accounts. With Overdraft Privilege, if you overdraw
your checking account, Deerwood Bank may cover your shortfall up to
$500.00 instead of returning items unpaid. This means if you ever make
an error on your account balance and overspend by mistake, Overdraft
Privilege may save you the inconvenience of having an item returned
unpaid, as well as the merchant fees.
Benefits of Overdraft Privilege
- It’s confidential and gives you an extra level of protection against
unanticipated cash flow emergencies and account reconciliation errors
- You do not need to do anything to activate this service
- If you don’t use it, it won’t cost you anything
Your Overdraft Privilege will be available for checks, in-person
withdrawals, ACH transactions, preauthorized automatic transfers,
internet banking and telephone banking. However, we’ll need your consent
to authorize Overdraft Privilege for ATM and everyday debit card
transactions. You must opt-in by calling Customer Service at
651.628.5909 or 1-877.382.2265, sending a
secure email or visiting your
local branch. Click here to learn
to learn more about our personal account options. A free debit card is
available with all of our personal checking accounts.
Sign up to receive your statements online with Deerwood Bank e-Statements.
Click here to learn more!