Is there a minimum balance requirement to open a Checking Account?
To open a Preferred Checking Account an initial deposit of $25 is necessary; otherwise, there is no minimum balance requirement. To open a Bank On Your Own Checking Account an initial deposit of $10 is necessary; otherwise, there is no minimum balance requirement. To open a Premier Checking Account a minimum balance of $1,000 is necessary, there is a fee if your balance falls below $1,000 in a month.
