Texas Checking | Regular Checking | Texas Teen Checking | Personal Savings | Rico Savings Club | Money Market | Premier Money Market | Certificate of Deposit | IRA | |
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Best if you want… | This account is for those who don’t write many checks with no monthly account fee. | This account is best for those with larger volume check writing needing image statements. | This account is for a teen child wanting to learn financial independence. Requires a separate Parent/Guardian account with TNB | Perfect for those wanting to put away money for that rainy day while earning interest. | This account is to help build a headstart to your childs Financial Success | Earn more interest than a Savings account and have access to your money. | If you want to earn a higher fixed rate on your money than a Savings or Money Market Account | To save money for retirement with a tax advantage IRA | |
Age Requirement to Open | 18 Years Minimum | 18 Years Minimum | 13-17 Years Old | 18 Years Minimum | 18 Years Minimum | 18 Years Minimum | 18 Years Minimum | 18 Years Minimum | |
Minimum Opening Deposit | $50 | $200 | $100 | $2,500 | $1,000 | $1,000 | |||
Minimum Balance to Avoid Monthly Fee | None | $500 | $200 | $2,500 | None | None | |||
Monthly Fee (if minimum balance is not maintained) | None | $10 | $5 | $15 | None | None | |||
Maturity Terms | ● | ● | ● | ● | ● | ● | 12 – 36 Months | ||
Does it Earn Interest? | No | No | Yes | Yes | Yes | Yes | Yes | ||
Are the Rates Tiered? | ● | ● | Yes | Yes | Yes | Yes, Based on Terms | Yes, Based on Terms | ||
Interest Tiers | ● | ● | $0 – $99 $100 – $4,999 $5,000 -$49,999 $50,000 + |
$0 – $24,999 $25,000 – $49,999 $50,000 – $99,999 $100,000 – $249,999 $250,000 – $499,999 $500,000 – $999,999 $1,000,000 + |
$1,000 – $99,999 $100,000 + |
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How Is the Interest Compounded? | ● | ● | Quarterly | Monthly | Quarterly | Quarterly | |||
When Is Interest Paid? | ● | ● | Quarterly | Monthly | Variable | Variable | |||
Statement Cycle | Monthly | Monthly | Quarterly | Monthly | ● | ● | |||
Check Writing | Yes | Yes | ● | Yes | ● | ● | |||
Withdrawal Limitations | None | None | 2 Monthly | 6 Monthly | Early Withdrawal penalties may apply | None | |||
Fee for Excess Withdrawals | None | None | $5 | ● | ● | ||||
Statement Check Images | ● | Yes | ● | Yes | ● | ● | |||
eStatements | Available | Available | Available | Available | ● | ● | |||
Mobile Deposit | Included | Included | Included | Available | ● | ● | |||
Direct Deposit | Included | Included | Included | Available | ● | ● | |||
TNB Debit Card | Included | Included | Included | Available | ● | ● | |||
Online Banking (features of) | Included | Included | Included | Available | Available | Available | |||
Mobile Banking (TNB App) | Included | Included | Included | Available | Available | Available | |||
Bank by Phone | Included | Included | Included | Available | Available | Available | |||
Overdraft Courtesy | Available | Available | ● | ● | ● | ● | ● | ||
SecurLock Card Controls | Included | Included | N/A | Available | ● | ● | |||
ATM Daily Limitations Limits | $500 | $500 | $500 | $500 | ● | ● | |||
Point Of Sale Limitations | $3,000 | $3,000 | $3,000 | $3,000 | ● | ● | |||
Mobile Wallet (Apple, Google & Samsung Pay) | Available | Available | N/A | Available | ● | ● | |||
Bill Pay | Available | Available | N/A | N/A | ● | ● | |||
External Account Transfer | Available | Available | N/A | ● | ● |