Checking

Your checking. Your choice.

At Calhoun Banks, we know everyone has different needs when it comes to checking accounts. We offer a variety of account types to fit your budget - most require no minimum balance - and your lifestyle. 

Vision Free Checking

Get your statements through E-delivery and enjoy unlimited transactions. 

Like hassle-free checking? Try our Vision Free checking. With no minimum balance, no paper statements and unlimited transactions, Vision Free checking is a great option for college students, those who work away from home or anyone who prefers online banking. There is no monthly service fee. 

  • $50.00 deposit to open account
  • Check costs vary depending on style of check
  • Debit card available upon request
  • E-statements required through internet banking or via the secure E-Delivery site 
  • No minimum balance
  • Unlimited number of transactions
  • No monthly service fee

Vision Plus+ Checking
Personalized checks and no e-delivery required.

Need something more than basic checking? Our Vision Plus checking does not require e-delivery and provides unlimited transactions. Want personalized checks? No problem. Vision Plus offers one (1) box of personally imprinted wallet style checks per year at no additional fee. Other styles and quantities are available and will vary in price. 

  • $50.00 deposit to open account
  • One free box of checks each calendar year
  • Debit card available upon request
  • No minimum balance
  • Unlimited number of transactions
  • $5.00 monthly service charge
  • Statements are mailed and can be viewed online
  • Overdraft protection from another deposit account at no additional cost

Vision Gold Checking
For persons 65 years of age or older
In your Golden Years? Then Vision Gold checking is for you! It features all the benefits of Vision Plus checking at a lower monthly service fee of $3.00. You must be 65 years of age to qualify for this account. 
  • $50.00 deposit to open account
  • One free box of checks (personalized wallet style) per year. Additional styles available.
  • Debit card available upon request
  • No minimum balance
  • Unlimited number of transactions
  • $3.00 monthly service charge
  • Statements are mailed and can be viewed online
  • Overdraft protection from another deposit account at no additional cost

NOW Account
An Interest Earning Account - Earn Interest on Your Funds and enjoy unlimited transactions
A NOW Account is a Negotiable Order of Withdrawal (NOW) that allows you to earn interest on your money and write checks from the same account. NOW accounts require a larger deposit than standard checking accounts but provide the same unlimited number of transactions. Interest is compounded monthly, based on your daily balance and the current interest rate. Interest rates and annual percentage yield may change. Interest is added to your account automatically each month. 
Calhoun Banks uses the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal (your balance) in the account each day. You must keep a balance of at least $0.01 in the account each day to receive the annual percentage rate.

Interest rates may change on the account at any time. If the account is closed before interest is credited, the accrued interest will not be included.

  • $1000.00 deposit to open account
  • Interest begins accruing on the first non-cash item(check) deposit
  • Check costs depend on the style and quantities chosen
  • $1000.00 minimum balance to avoid a monthly service fee of $7.50
  • Unlimited number of transactions
  • Calhoun Banks reserves the right to require at least 7 days written notice from the customer prior to any withdrawal
  • Statements can be mailed or can be viewed online

Commercial Checking
Monthly maintenance fees based on account balance

Starting a new business can be stressful enough without worrying about how to open a commercial checking account. With us, it's easy. Commercial checking can be opened for as little as $100. Keep a balance of $500 or more and there is no monthly maintenance fee. 

  • $100 Deposit to open account
  • Account fees will only be charged if average balance falls below $500. 
Monthly maintenance fees:
  • Average monthly balance from $300.00 to $499.99: $3.00 
  • Average monthly balance from $100.00 to $299.99: $4.00
  • Average monthly balance from $0.00 to $99.99: $5.00
  • Checks in excess of 70 per month: $ .15 per check

Corporate Business Checking
Earn credit against service charges on your corporate checking to help you stay in the green

You run a successful business; you should be rewarded. With Corporate Business Checking, accounts with an average balance greater than $10,000 earn credit to offset service charges. A 1/2% credit will be applied monthly.

Account maintenance:
  • Monthly fee $10.00 
  • On-Us Checks deposited: $.05 each
  • Foreign Checks deposited: $.10 each
  • Paid Checks: $0.10 each
  • Unpaid Deposit Items: $5.00 each
  • Check costs depend on the style and quantity of checks ordered


 Money Market Account 
An Interest Earning Account
A Money Market account is more like a savings account than a checking account. Sometimes they are even called Money Market Savings Accounts. Money market accounts allow you to save money, typically at a higher interest rate, but still allow you make six (6) transfers from your account each four (4) week or similar period, if by pre-authorized or automatic transfer or telephone agreement or by check, draft, debit card or point of sale transaction (basically anything other than walking in the bank, mailing your request or using an ATM.)

If you make a transfer or withdrawal in person, by messenger, by mail or at an ATM, the number of transfers are unlimited. 

Money market accounts require a minimum opening deposit of $5,000 and require your daily minimum balance to not be less than $5,000.

  • $5000.00 deposit to open account
  • Interest begins accruing on the first non-cash item(check) deposit
  • Check costs vary depending on the style and quantity of checks you choose.
  • $5000.00 minimum balance 
  • A limited number of six (6) of transactions
  • Statements are mailed and can be viewed online
  • Calhoun Banks reserves the right to require at least seven (7) days written notice from the customer prior to any withdrawal
  • Customer who exceed the number of transactions will be charged $10.00 for each transaction over the six transfer limit.