Personal Checking

Best Solution For

Earning cash rewards in your account for debit purchases

Description

Receive a reward of $.10 credited to your account for each qualifying SouthEast debit card transaction

Service Charge

$0 if monthly account balance is over $300, or at least one credit or debit transaction occurs*

Minimum to Open

$100

Additional Details

• Unlimited check writing
• No minimum monthly balance with monthly credit or debit transactions*
• Minimum of 15 qualifying debit card transactions required each month to earn rewards
• $3 paper statement fee waived with a monthly average balance of $1,200

Terms and Conditions

*A $2.95 non-activity fee will apply to accounts with balances less than $300 each month in which no credit or debit transactions occur.

A minimum of 15 SouthEast debit card transactions must post and clear to the account during the Rewards Period and enrollment in monthly eStatements is required. Qualifying transactions include point of sale or online purchases using the SouthEast Bank debit card. ATM and cash-only transactions do not qualify for cash back rewards. The rewards period begins on the first calendar day after the last business day of the prior month and ends on the last business day of the current calendar month. Cash back rewards can alternately be deposited to another SouthEast Bank checking or savings account. Regardless of the statement cycle, cash back rewards will be paid (credited to the account) on the 1st business day of each month.

There will be a paper statement fee of $3 assessed if not enrolled in eStatements; paper statement fee will be waived with a monthly average balance of $1,200.

Fees may reduce earnings. Some fees and restrictions apply. Visit southeastbank.com or ask an associate for complete details.

Best Solution for

Earning our highest checking interest rate on balances up to $20,000

Description

Earn a 2.01% APY* monthly bonus rate on balances up to $20,000 when you receive a direct deposit or ACH, enroll in eStatements, and make at least 15 qualifying debit card transactions

Service Charge

Paper statement fee of $3 assessed if not enrolled in eStatements; paper statement fee will be waived with a monthly average balance of $1,200

Minimum to Open

$100

Additional Details:

• No minimum monthly balance
• Unlimited check writing

Terms and Conditions:

To earn the bonus rate, each month the account must be enrolled in eStatements, post and clear at least 15 debit card transactions, and receive at least one direct deposit or ACH debit. If all qualifications are met during the statement cycle, a bonus rate of 2.01% APY on balances of up to $20,000 and .20% APY on balances over $20,000 will be credited. If bonus qualifications are not met during the statement cycle, a rate of .05% APY of the balance will be credited. Interest earnings are based on daily collected balances and are credited monthly to the account. Qualifying transactions include point of sale or online purchases using the SouthEast Bank debit card. ATM and cash-only transactions do not qualify towards minimum debit card transaction amount. Limit one Bonus Rate Checking account per primary owner tax ID.

*APY= annual percentage yield. Rates subject to change. APYs are accurate as of 03/23/2020. Fees may reduce earnings. Some Fees and restrictions apply.

Best Solution for

Earning interest of up to 0.65% APY*

Description

Earn higher interest rates based on higher balances

Service Charge

$10 month; waived when minimum daily balance of $2,500 is maintained

Minimum to Open

$100

Additional Details:

• Unlimited check writing

Terms and Conditions:

Interest is earned on daily collected balances of $0 and above and is credited monthly to the account. This is a tiered rate account that earns higher interest based on higher balances. Interest rates may reprice with the market.

Tiered Interest Rates Based on Balances Maintained:

$0 - $9,999.99 = 0.10% APY

$10,000 - $49,999.99 = 0.20% APY

$50,000 - $249,999.99 = 0.45% APY

$250,000+ = 0.65% APY

*APY= annual percentage yield. Rates subject to change. APYs are accurate as of 04/16/2020. Fees may reduce earnings. Some fees and restrictions apply.

Best Solution for

Simple checking for valued senior customers*

Description

Senior checking account available to customers who are 60 years old and older. 

Service Charge

No monthly service charge

Minimum to Open

$100

Additional Details:

• Free checks*
• Free paper statements with images*
• Free official checks*
• Bounce protection up to $300*
• $25 safe deposit box credit
• Additional .10% interest rate bump on CD specials¹
• No minimum monthly balance

Terms and Conditions:

*The Thrive checking account is available to customers who are 60 years old and older. There is no monthly service charge with this account. The free checks are safety paper checks. The free official checks are limited to 9 per month. An insufficient funds fee will be charged for items overdrawing the account, but bounce protection will pay any overdrafts up to $300.

¹Thrive checking account holder can receive 10 basis point increase on newly opened CD Special rates (see associate for CD Special offers) if the Thrive checking account receives a monthly direct deposit as well as one monthly debit (check or debit card) from the account.

Best Solution For

Students aged 13-24 looking to earn $0.10 a swipe on debit card transactions while enjoying a free checking account.

Description

Receive a reward of $.10 credited to your account for each qualifying SouthEast debit card transaction

Service Charge

No monthly service fees*. (e-statement required)

Minimum to Open

$100

Additional Details

• No Fees will be assessed for account holders age 13 – 24. (e-statement required)
• CashBack Rewards · When the Eligibility Requirements described below are met, the account will receive CashBack Rewards on Qualifying Transactions in the following amount: ten cents ($0.10) per SouthEast Debit Card point-of-sale transaction that posts to and clears the account during the Reward Period.
   

Terms and Conditions:

CashBack Rewards When the Eligibility Requirements described below are met, the account will receive CashBack Rewards on Qualifying Transactions in the following amount: ten cents ($0.10) per SouthEast Debit Card point-of-sale transaction that posts to and clears the account during the Reward Period. ATM transactions are not included when calculating the number of Qualifying Transactions and are not paid CashBack Rewards. CashBack Reward will be calculated and credited to the account on the first business day of each calendar month following the calendar month in which the Qualifying Transactions occur. SouthEast Bank may change the CashBack Rewards amount, Eligibility Requirements, and/or Qualifying Transactions at any time.

Rewards Eligibility Requirements: To qualify for CashBack Rewards during any Reward Period, both of the following two qualifications must be met: (i) the account must have a minimum of fifteen (15) Qualifying Transactions, and (ii) the account must be enrolled to receive E-Statements. 

Qualifying Transactions:Qualifying Transactions are SouthEast Bank Debit Card point-of-sale transactions that post to and are paid from the account during the Reward Period. Pending or pre-authorized debit card transactions do not qualify for CashBack Rewards. CashBack Rewards for all transactions will be paid at the end of the Rewards Period in which final payment is posted to your account. ATM Transactions are not Qualifying Transactions.

Rewards Period: The Reward Period begins on the first calendar day after the last business day of the prior month and ends on the last business day of the current calendar month.

Forfeiture of CashBack Rewards: If the account is closed or changed to another product before CashBack Rewards have been credited, all accrued but unpaid CashBack Rewards will be forfeited.

Failure to Qualify for CashBack Rewards: If the account does not qualify for CashBack Rewards during a Reward Period, all other account terms and conditions still apply. If SouthEast Bank has a valid e-mail address on file for the account it may, as a courtesy, but is not required to notify you using your e-mail address that the account did not qualify for the CashBack Rewards during that Reward Period. SouthEast Bank reserves the right not to provide notification of failure to qualify for CashBack Rewards for any reason, including the lack of a valid e-mail address associated with the account. 

Age Requirements: The Primary Account holder must be between the ages of 13 - 24 to open this account. At Age 25, this account must converted to another SouthEast Bank Checking product. Accounts owned by customers between the ages of 13 – 17 must include a Joint Owner age 18 or older.

*Fees: No Fees will be assessed for account holders age 13 – 24 (e-statement required) There will be a paper statement fee of $3 assessed if not enrolled in eStatements; paper statement fee will be waived with a monthly average balance of $1,200. Overdraft/Returned item fees may apply. Please see the full Fee Schedule for any other fees that may be imposed in connection with this account.