Bedford Federal Savings Bank
personal Banking
Checking


 

Deposit Products

Your deposits are insured to $250,000 by the FDIC

Checking Accounts

Checking made simple-one low monthly fee.

Free Checking

  • $25.00 minimum to open
  • No monthly minimum balance requirement
  • No monthly service charge
  • No per check charges
  • Initial check order is free
  • Non interest bearing
  • Overdraft Privilege eligible

Regular Checking

  • $50.00 minimum to open
  • Minimum balance of $1,000.00 to avoid $8.00 per statement cycle service charge
  • No per check charges
  • Service charge is waived if you have a direct deposit into the account
  • Paid checks are returned with your monthly statement
  • Earn tiered interest on your balance-the higher the balance, the higher the rate.
  • Competitive interest rates.

Safekeeping Checking

  • $50.00 minimum to open
  • Minimum balance of $500.00 to avoid $7.00 per statement cycle service charge
  • No per check charges
  • Service charge is waived if you have a direct deposit
  • Paid checks are held for safekeeping
  • Earn tiered interest on your balance-the higher the balance, the higher the rate.
  • Competitive interest rates.

MMDA (Money Market Deposit Account)

This account combines a Savings account and a Checking account. It provides a highly competitive rate of interest with limited check writing ability.

  • Minimum balance of $1,000.00 to avoid $10.00 per statement cycle service charge
  • Only 3 withdrawals by check per statement cycle
  • Earn tiered interest on your balance-the higher the balance, the higher the rate.
  • Competitive interest rates.

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