Simple Checking

  • Minimum of $100.00 to open
  • eStatements*
  • Options to avoid the $5.00 maintenance fee that could be imposed each statement cycle:
    • $300.00 minimum average daily balance**,OR
    • 15 posted debit card purchases/payments***, OR
    • $5,000 or more in total deposit and/or outstanding loan balances

    *$2.00 Paper Statement Fee and $2.00 Check Image fee - Paper Statement fee and Statement Image fee will be waived for primary account owners ages 65 and older
    **The average daily balance is calculated by adding the principal in the account for each day of the period and dividing the figure by the number of days in the period
    ***Excludes ATM transactions

Regular Checking

  • Minimum of $300.00 to open
  • A monthly maintenance fee of $5.00 will be imposed if the account falls below a daily average balance of $300.00*
  • Unlimited check writing, debit card and electronic transactions
  • Image checks returned with statement
  • *Waived maintenance fee for primary owners 55 and older
    *Waived maintenance fee for primary owners under 25

Now Checking

  • Minimum of $1,000.00 to open
  • Must maintain a minimum daily balance of $1,000.00 each day to obtain the disclosed annual percentage yield
  • Unlimited check writing, debit card and electronic transactions
  • A monthly maintenance fee of $5.00 will be imposed if the account falls below a daily balance of $1,000.00 or an average daily balance of $2,500.00
  • Interest bearing account – adjustable rate
  • Image checks returned with statements

HiFi Plus Checking

  • Minimum of $10,000.00 to open
  • A monthly maintenance fee of $5.00 will be imposed if the account falls below a daily balance of $10,000.00
  • Must maintain a minimum daily balance of $1.00 each day to obtain the disclosed annual percentage yield
  • No more than 6 withdrawals or transfers per statement cycle
  • Unlimited withdrawals made in person, by mail, or at an ATM
  • Tiered interest structure – adjustable rate
  • Interest compounds monthly and is credited monthly
  • Image checks returned with statement

Health Savings Accounts

  • Minimum of $0.00 to open
  • Interest Bearing Checking
  • Interest compounded and credited monthly
  • Pre-printed Checks: we provide your first order of single checks at no cost
  • Account does not currently offer account access via a debit/ATM card

Additional Terms for all checking accounts

  • If an account is in an overdraft status within 90 days of opening, Bank of Wolcott reserves the right to close the account

Interested in opening an account

Order Checks

Direct Deposit / EFTPS

Money Orders / Cashier Checks