Checking:   Free Checking $100 minimum deposit to open. No monthly service charges. No minimum balance requirements. Unlimited check-writing privileges. Visa® Check Card available. Free online banking and bill pay. No charge for first order of basic wallet-style single checks. Available only to individuals. Generations Gold® discount service available.   Personal or Small Business Checking $50 minimum deposit to open. No monthly service charge with a $300 minimum daily balance; otherwise, a $5.00 charge applies. Visa® Check Card available. Free online banking and bill pay. Church, nonprofit, civic groups, fiduciary accounts, personal accounts for students, and account holders 65 years of age or older are exempt from service charge upon request. Generations Gold® discount service available.   Merit 50 Merit 50 Checking is an interest-bearing account with unique privileges designed especially for customers aged 50 and over. And now, Merit 50 is completely free of service charges too! $50 minimum deposit to open. No monthly service charges. No minimum balance charges. No charge for basic wallet-style single checks. $10,000 accidental death insurance. No charge for traveler's or cashier's checks (limit five each per month). 20% discount on safe deposit box rental. Visa® Check Card available. Free online banking and bill pay. Free fax service. Free photocopies (limit five per week). Free notary service. Generations Gold® discount service available.   Prime Access Checking This is an interest-bearing* checking account with unlimited check-writing privileges available to individuals. $50 minimum deposit to open. No charge for basic wallet-style single checks. $10,000 accidental death insurance. No charge for traveler's checks and cashier's checks (limit five each per month). Visa® Check Card available. Free online banking and bill pay. No monthly service charge with a $1000 minimum daily balance; otherwise, a $7.00 charge applies.   Platinum Access Money Market Platinum Access Money Market Checking is ideal if you need the liquidity of a money market account but want a yield similar to certificates of deposit. Platinum Access pays premium rates for higher balances, the yields tiered according to your balance. In addition to significantly higher yields, Platinum Access Money Market customers are reqarded with a free first order of checks (16 checks, 16 withdrawal slips and 30 deposit slips), bound in a handsome genuine leather checkbook proudly embossed with the Bank of Essex logo. You also get free Banking Online Express Internet Banking with this account. Platinum Access Money Market can be opened with a $10,000.00 initial deposit. This account requires, at the time of opening, an additional account of either: a Bank of Essex Certificate of Deposit of $10,000.00 or more; or, a Bank of Essex checking account of $1,000.00 or more. Two free withdrawals per month. $5.00 fee for each additional withdrawal. If the balance in the Platinum Access account falls below $10,000.00 minimum daily balance, there will be a $7.00 service fee per month. All balances earn interest. Interest credited monthly. Available to individuals and businesses.   The Riverland Money Market Account The Riverland Account is a tiered-interest-rate checking account* available to both individuals and businesses that offers both competitive money market rates and easy access to funds. $50 minimum deposit to open. Six pre-authorized transfers to third parties are permissible each month (automatic, wire, or by voice-response system), only three of which may be by check. Unlimited in-person withdrawals and in-person transfers. Free online banking. All deposit balances ear interest*. No monthly service charge with a $1,500 minimum daily balance; otherwise, a $6.00 service charge applies. Savings:   Statement Savings $100 minimum deposit to open. Minors (under 18), upon request, are exempt from initial deposit requirements and service charge. $Free online banking. Withdrawals in excess of three per month are subject to a $1.00 service charge per withdrawal. No service charge with a daily balance of $100 or more; otherwise, a $3.00 quarterly service charge applies. Interest is compounded and credited quarterly. Interest rates are set by Bank of Essex and are subject to periodic adjustment.   Christmas Club Account A Christmas Club is a good way to save for holiday or other expenses at year end. Many customers also use their Christmas Clubs to help pay taxes. The interest earned on Christmas Club accounts is credited annually. There is a substantial penalty for early withdrawal.   Certificates of Deposit (CDs) A broad range of CDs with competitive rates are available, for terms ranging from six months to five years. There is a substantial penalty for early withdrawal. View our rates here.   Flex CD Bank of Essex's Flex CD makes starting a savings plan easier through a lower initial deposit and regular automatic deposits. With the Flex CD you can immediately benefit from higher interest rates, while deposits are automatically transferred to the CD from another account. $100 initial deposit with a regular automatic transfer of as little as $25 from a checking or savings account. Transfers can be set up weekly, biweekly or monthly. Fourteen-month term with a fixed interest rate.   Platinum Access Savings Platinum Access Savings is ideal if you need the liquidity of a savings account but want a yield similar to certificates of deposit. Platinum Access pays premium rates for higher balances, the yields tiered according to your balance. Platinum Access Savings can be opened with a $10,000.00 initial deposit. This account requires, at the time of opening, an additional account of either: a Bank of Essex Certificate of Deposit of $10,000 or more or a Bank of Essex checking account of $1,000.00 or more. Withdrawals in excess of six per quarter are subject to a $5.00 service charge per withdrawal. If the balance in the Platinum Access account falls below $10,000.00 minimum daily balance there will be a $20.00 service fee per quarter. Interest is credited quarterly. Free online banking.   Individual Retirement Accounts (IRAs) IRAs provide a means of saving for retirement while deferring taxes for the average individual. A wide range of IRAs are available; our customer service associates are happy to help you establish a plan that is suited to your particular retirement savings goal.   Advantage IRA Bank of Essex's Advantage IRA lets you open an IRA account without a large initial deposit, and helps you grow your retirement savings with regular transfes from another account. $100 initial deposit with a regular automatic transfer of as little as $25 from a checking or savings account. Transfers can be set up weekly, biweekly or monthly. All deposits will be for the current tax year. Fourteen-month term with a variable interest rate.   E-Kids Savings Club E-Kids is Bank of Essex's exciting new savings account designed to help kids learn how to save and practice good banking habits as they grow. E-Kids accounts are available to children up to age 18. (At age 18, the account will automatically change to a regular statement savings account.) The account can be set up as either a Custodial Account (VAUTMA) or a Joint Account. The adult opening the account will decide how the account is to be titled; however, if a Joint Account is elected, the child must be at least 10 years old and able to sign his or her name on the documents. $5 minimum deposit to open; waived minimum balance fee for being under $100. The same excessive withdrawal guidelines that are currently in effect for statement savings accounts also apply on this account ($1.00 per withdrawal if more than three withdrawals per month). No ATM or Debit Cards issued with the E-Kids account. The child account holder will be given a piggy bank, three-ring statement binder, and coloring book (if age appropriate), plus a special wallet-style cover and member- ship card at account opening. Loans:   Personal Loans When you need funds for car repairs, vacation expenses, or any other worthwhile purpose, we can help you find a payment plan that suits your needs. Visit one of our loan officers today to see how Bank of Essex can help.   Installment Loans Bank of Essex provides loans for cars, boats, recreational vehicles, or any other purchase you may make. We promise you quick approval and competitive rates.   Mortgage Loans Bank of Essex can help you move into the home of your dreams. Whether you need money to purchase a new home or to refinance your existing mortgage, let one of our trained loan professionals assist you. Conventional or fixed-rate mortgages. Purchase or refinance.   Credit Cards Our low-rate Bank of Essex Visa® combines the convenience you want with the purchasing power you need. Ask for a Credit Card brochure for full details.   Home Improvement Loans Do you need a loan to help you expand, maintain, or modernize your home? One of our loan officers will be glad to help you with your financing needs.   Construction Loans We're the commercial and residential construction loan experts. Let us put our experience to work for you. Individualized construction loans. Self-contracting construction loans. Use your lot as equity. One-time closing. Multiple financing options at completion.   Home Equity Lines Bank of Essex provides you with a line of credit that you can access by simply writing a check, secured by the equity value of your home. Use your Home Equity Line for college tuition, the purchase of a car, or other needs. The Bank of Essex Home Equity Line combines convenience and flexibility with possible advantages when tax time arrives.   Value Loans A Value Loan is a fixed-rate loan based on the equity value of your home. It provides the cash you need with reduced closing costs and a consistent monthly payment. Ask one of our loan professionals how we can help you put your equity to work for you.