The Basic Checking account at Spring Bank requires an opening deposit of at least $25. In order to avoid the $3 monthly service fee, Basic Checking customers will need to keep at least $1,000 in this account.
Basic Checking account holders won’t incur an out-of-network fee for using Citibank and MoneyPass ATMs. They’ll also receive up to a $15 reimbursement per statement cycle for out-of-network ATMs as long as $1,000 is kept in the Basic Checking account.
The overdraft fee is only $10 at Spring Bank. That’s significantly lower than the average non-sufficient funds (NSF) fee of $33.47.
You only need $25 to open the Basic Checking account.
The Basic Checking account’s $3 monthly service fee is lower than the maintenance fee at some other banks.
Spring Bank has an overdraft fee that’s significantly lower than some other banks.
But the bank’s Green Checking account doesn’t have overdraft fees.