Deposit Accounts

Pineland Bank offers the following deposit accounts:

Flat Fee Checking

  • Non-interest bearing account
  • $100 minimum deposit to open
  • $10.00 maintenance fee per statement cycle
  • E-Statement Accounts: $7.00 maintenance fee per statement cycle

Regular Personal Checking

  • Non-interest bearing
  • $100 minimum deposit to open
  • $8.00 maintenance fee per statement cycle and $.25 per item fee for each debit transaction if daily balance falls below $500 any one day during statement cycle
  • E-Statement accounts:
    • $5.00 maintenance fee per statement cycle and $.25 per item fee for each debit transaction if daily balance falls below $500 any one day during statement cycle

Senior Checking

  • Interest bearing account
  • Minimum daily balance of $1,000 required to obtain the disclosed annual percentage yield
  • $100 minimum deposit to open
  • Available to ages 55 and older
  • No maintenance or transactions fees

Student Checking

  • Non-interest bearing account
  • $100 minimum deposit to open
  • Available to full time students ages 13-23
  • $3.00 maintenance fee per statement cycle
  • E-Statement accounts have no maintenance fee

NOW Account

  • Interest bearing account
  • Minimum daily balance of $1,500 required to obtain the disclosed annual percentage yield
  • $1,500 minimum deposit to open
  • $8.00 maintenance fee per statement cycle and $0.25 per item fee for each debit transaction if daily balance falls below $1,500

Money Market Account

  • Interest bearing account
  • Minimum daily balance of $2,500 required to obtain the disclosed annual percentage yield
  • $2,500 minimum deposit to open
  • $10.00 maintenance fee per statement cycle if daily balance falls below $2,500 any one day during statement cycle
  • Limited to 6 third party debit transactions per statement cycle
  • Per item fee of $6.00 for each debit transaction in excess of 6 per statement cycle

Regular Savings Account

  • Interest bearing account
  • $100 minimum deposit to open
  • Limited to 6 third party transfers or withdrawals per statement cycle
  • $3.00 monthly maintenance fee if daily balance falls below $500 any one day during the month
  • $3.00 withdrawal fee for each withdrawal in excess of 3 per month
  • $15.00 closing fee if closed within 6 months of opening

Children/Student Savings

  • Interest bearing account
  • $5.00 minimum deposit to open
  • Available through age 23
  • Limited to 6 third party transfers or withdrawals per statement cycle
  • $3.00 withdrawal fee for each withdrawal in excess of 1 per month
  • $15.00 closing fee if closed within 6 months of opening

Christmas Club Account

  • Interest bearing account
  • $25.00 minimum deposit to open
  • At maturity, the funds in the account will be mailed to the account holder
  • $15.00 penalty for withdrawals made before maturity