Today we officially announced the launch of our new suite of personal and business checking products. The new product offerings provide an increased level of convenience and flexibility for consumers’ modern checking needs. Many of the new product and service features are free to customers.
In an effort to simplify banking for consumers, we've eliminated unnecessary fees that often serve as an initiation and maintenance barrier to account holders. Our new products also forgo using any complicated marketing-driven names to make the operation of each product clear to the individual or business owner.
“We’ve evolved our offerings to provide a diverse array of products at an even more competitive rate for both individuals and business leaders,” said Rob Kunisch, President and Chief Operating Officer. “We’ve removed unnecessary fees across accounts so that our customers can put more of their own capital towards better supporting their businesses and personal financial goals.”
Our new personal checking suite offers a free personal checking account with no minimum balance or monthly service charge, premium and direct interest checking, as well as interest checking for those over 50 years old.
The contemporary business checking offerings include commercial checking in addition to a new business interest checking product and free business checking. The new free business checking boasts 1,000 free monthly transaction items, topping the former generation of the product, which tiered offerings of 50, 200 and 300 free transactions.
Every new personal and business checking accounts include several features free of charge to customers including, a VISA®Debit Card with Instant Issue, access to more than 25,000 1st Mariner and MoneyPass®ATMs nationwide, Apple PayTM , online banking, online check images, bill pay, paperless statements, and a ‘thank you’ gift. Personal checking accounts offer free mobile banking, mobile deposit and savings transfer as well.