Personal Checking

New Jersey Consumer Checking

Basic checking account available to all consumers 18 or older.

Minimum Investment: A minimum deposit of $50.00 is required to open a NJ Consumer. A minimum daily balance of $1.00 must be maintained to avoid a $3.00 service charge.

Rate: Non-interest bearing account.

Benefits:

Funds are completely accessible simply by writing a check.
An unlimited number of checks may be written during the month without a penalty.
Safe, easy way to pay bills.
Direct deposit available.
Debit card available (with $100 minimum balance).
Monthly statements.
E-Statements available.
Tie-in with statement savings accounts for one monthly statement.
FDIC insures funds up to $250,000.00. (Certain rules apply)

Restrictions:

Only one NJ Consumer Checking Account is allowed within our institution or any other institution per person. In order to qualify for a NJ Consumer Checking Account, a customer cannot maintain any other personal checking account with Newfield National Bank.

Student Checking

Basic checking account available to all consumers 16 to 23 years of age.

Minimum Investment: A minimum deposit of $50.00 is required to open a Student Checking Account. A minimum daily balance of $1.00 must be maintained to avoid a $3.00 service charge.

Rate: Non-interest bearing account.

Benefits:

Funds are completely accessible simply by writing a check.
Safe, easy way to pay bills.
Direct deposit available.
Debit card available (with $100 minimum balance, fees apply).
Monthly statements.
E-Statements available.
Tie-in with statement savings accounts for one monthly statement.
FDIC insures funds up to $250,000.00. (Certain rules apply).
Checks available upon request.

Restrictions:

Students below the age of 18 must have a parent or guardian as a joint account holder. The student must have a current student ID card from their school, a current US passport, or a valid NJ identification card.

Regular Checking

Available to anyone age 18 or older.

Minimum investment: A minimum deposit of $250.00 is required to open a regular checking account. No service charge will be imposed if the daily balance for the cycle remains above $250.00. A $5.00 service charge will be imposed if the $250.00 daily balance is not maintained.

Rate: this type of checking account does not accrue interest.

Benefits:

Low minimum balance.
Funds are completely accessible simply by writing a check.
An unlimited number of checks may be written during the month without a penalty.
Safe, easy way to pay bills.
Debit card available (with $100 minimum balance).
Direct deposit available.
Monthly statements.
E-statements available.
Tie-in with statement savings accounts for one monthly statement.
FDIC insures funds up to $250,000.00. (Certain rules apply)

Now Checking

Basic interest bearing checking account. Available to all consumers 18 or older.

Minimum Investment: A minimum deposit of $500.00 is required to open a NOW checking account. A minimum daily balance of $500.00 must be maintained to avoid a $7.50 service charge plus forfeiture of interest.

Rate: The interest rate and annual percentage yield may change at any time. [View Rates]

Benefits:

Interest bearing account.
Funds are completely accessible simply by writing a check.
An unlimited number of checks may be written during the month without a penalty.
Safe, easy way to pay bills while earning interest.
Debit card available (with $100 minimum balance).
Direct deposit available.
Monthly statements.
E-Statements available.
Tie-in with statement savings accounts for one monthly statement.
FDIC insures funds up to $250,000.00. (Certain rules apply)

Money Market Deposit Account

Interest bearing checking account. The higher daily balance requirements earn higher rates than a regular interest bearing account.

Minimum Investment: A minimum deposit of $2,500.00 is required to earn the highest interest. A minimum daily balance of $1,500.00 must be maintained to avoid a $15.00 service charge plus forfeiture of interest.

Rate: The interest rate and annual percentage yield are subject to change at any time. Balance under $1,500.00 does not earn interest.

Benefits:

Account is accessible without going to the bank.
No limit on the number of ATM withdrawals, internal transfers or cash withdrawals conducted in person.
FDIC insures funds up to $250,000.00. (Certain rules apply)

Restrictions:

A limit of 6 transfers per month can be conducted on this account with regards to preauthorized or automatic transfers (ACH), third-party check, telephone, fax, point-of-sale, and internet banking system transactions. A fee of $15.00 will be charged every statement period if the limit is exceeded.

Gold Club Checking

Consumers 50 years of age or older qualify.
Available for Regular checking accounts, NOW checking accounts or Savings accounts.

Benefits:

One Free Order of Checks per year (Limited styles available).
Debit card available (with $100 minimum balance).
Free Debit card usage at all Newfield National Bank ATM machines (other bank charges may apply).
4 Free foreign ATM transactions per month, then $3.00 per transaction.
Free Safe Deposit Box for one year (limited to 2x5 and 3x5).
For regular Gold Club Checking accounts only, no minimum daily balance requirement or service charges.
For NOW Gold Club Checking accounts, a minimum daily balance of $500.00 must be maintained to avoid a $7.50 service charge.