Skip to content

Keep overdraft fees away by never having them at all. This account gives you a line of credit up to $1,000.*

Key Features

  • Line of Credit
  • Earns Interest
  • Digital Banking
  • Checking with a line of credit up to $1,000*
  • Earns interest (compounded and credited monthly)
  • Available to existing customers who have banked with us for 96 days or more
  • Never have an overdraft fee (“return all account”)
  • $14.95 monthly service charge (after 1st monthly statement cycle)
  • Free digital banking services
  • Free Mastercard® debit card
  • Free telephone banking
  • Mobile payments available
  • Instant ATM deposit
  • Makes you eligible for a fast loan via Minute Lender
  • $100 minimum deposit to open

*Eligibility Requirements - This product is available only to consumers who are of legal age (not for business purposes or minors (under the age of 18). Only one PaySmart Checking account per person as determined by the Social Security Number of the primary owner.  PaySmart Checking is a Return all account with Mandatory Opt-out and No overdraft Protection.

Rate Information - Your interest rate and annual percentage yield (APY) may change. The interest rate on your account is .05% with an APY of .05%.

Determination of rate - At our discretion, we may change the interest rate on your account.

Frequency of rate changes - We may change the interest rate on your account at any time.   

Limitation on Interest Rate Change - There is no maximum or minimum interest rate limit for this account.

Compounding and crediting frequency - Interest will be compounded monthly and will be credited to your account monthly.

Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.   

Minimum balance to open the account - You must deposit $100.00 to open this account.   

Balance Computation Method -This is an interest-bearing account. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. The daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the balance of which interest is paid.   

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Fees - A service charge of $14.95 will be assessed for each month after the first monthly statement cycle. NoNSF Item Paid or Returned Check Fee. (Returned checks may be subject to the payee/merchant's fee.)   

Transaction limitations - No limitations on the number or amount of deposits into or withdrawals from your account.