Checking
Power Rate Checking
- Rates are subject to change at any time
- Interest is compounded daily and credited to the account monthly
- We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate of the principal in the account each day.
** With an assumed balance of $125,000.00
Power Rate Qualifications:
- 10 debit card point of sale purchases using your Atlantic Stewardship Bank debit card must post and clear your Power Rate Checking account during the monthly qualification cycle (does not include ATM withdrawals). Atlantic Stewardship Bank is not responsible to monitor the number of point of sale transactions on any account to meet the reward requirements. The reward requirements start over at the beginning of each monthly qualification cycle and are not carried forward to the next qualification cycle.
- You must have at least one direct deposit or one Automated Clearing House (ACH) automatic debit posted and cleared through your Power Rate Checking account per monthly qualification cycle. Bill payments and preauthorized transactions do not count.
- Enroll and receive your monthly statement electronically. You are required to have your statements provided to you electronically. To receive your monthly statement electronically, you must sign up for Online Banking and consent online to receive the statement in electronic format.
- Enroll on our Online Banking Service. You must have a valid email address on file. We may terminate your services for non-usage or inactivity after twelve (12) months or immediately for suspicious activity. Please see the Online Banking Terms and Conditions for All Customers (PC and Mobile Devices) for more details.
Interest Bearing Checking
- Minimum aggregate daily balance $5,000.00 to earn APY
- Interest is compounded monthly and credited monthly
- We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
Genesis NOW Account is an interest-bearing checking account designed especially for churches and other 501(C) (3) nonprofit organizations.
- Minimum daily balance $2,500.00 to earn APY
- Interest is compounded monthly and credited monthly
- We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
Business Now Account is an interest-bearing checking account designed especially for Sole Proprietorships, Trust and Estate Accounts.
- Minimum daily balance $1,000.00 to earn APY
- Interest is compounded monthly and credited monthly
- We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
Savings
Statement Savings
- Interest is compounded daily and credited monthly
- We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
Kid's Statement Savings
- Interest is compounded daily and credited monthly
- We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
Atlantic Money Market Accounts (AMMA)
- Minimum daily balance $1,500.01 to earn APY
- Interest is compounded monthly and credited monthly
- We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
Premium Growth Accounts (PGA)
- Minimum deposit to open account $10,000.00
- Minimum daily balance $0.01 to earn APY
- Tiered money market
- Interest is compounded and credited monthly
- We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
IRA Variable Rate Savings
- Minimum daily balance $50.00 to earn APY
- Interest is compounded daily and credited monthly
- We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Preauthorized transfers from the account are not permitted
- See your IRA or other tax qualified plan disclosure
- Fees may reduce earnings
Forever Club
- Interest is compounded daily and credited monthly.
- We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
Health Savings Account (Individual & Family)
- Minimum balance $1,000.00 to earn APY
- Interest is compounded daily and credited monthly
- We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate of the principal in the account each day.
- Rates subject to change at any time
- Fees may reduce earnings
Certificates of Deposit
Special CD Promotion
- Minimum daily balance $500.00 to earn APY
- Early withdrawal penalties may apply
- Interest is compounded daily and credited semi-annually.
Power Certificates of Deposit
- Minimum daily balance $500.00 to earn APY
- Rate may be increased one time during the term at customer's option*
- Early withdrawal penalties may apply
- Additional deposit may be added to the certificate one time during the term at customer's option
- Additional deposit may be equal to but no greater than the initial deposit
- Interest rate may vary
- Interest is compounded daily and credited semi-annually
Power Flex CDs
- Minimum daily balance $10,000.00 to earn APY
- Rate may be increased one time during the term at customer's option*
- Early withdrawal penalties may apply
- Interest is compounded daily and credited semi-annually
- Interest rate may vary
- Maximum amount $250,000.00.
- After the account is opened you may make one (1) withdrawal, one (1) time during each calendar month, other than earnings posted to the account, until maturity date. The minimum withdrawal amount is $1,000.00. You must maintain a balance of $10,000.00 at all times to avoid penalty. You may add to the certificate one (1) time during each calendar month with a minimum deposit amount of $1,000.00.
Certificates of Deposit
- Minimum daily balance $500.00 to earn APY
- Certificates 30 days through 364 days - simple interest paid at maturity
- Certificates 12 - 60 months interest is compounded daily and credited semi-annually
- Early withdrawal penalties may apply
Special IRA Promotion
- Minimum daily balance $500.00 to earn APY
- Early withdrawal penalties may apply
- Interest is compounded daily and credited semi-annually.
- See your IRA or other tax qualified plan disclosure.
IRA Power Certificates of Deposit
- Minimum daily balance $500.00 to earn APY
- Rate may be increased one time during the term at customer's option*
- Additional deposit may be added to the certificate one time during the term at the customer's option. Additional deposit may be equal to, but not greater than, the initial deposit.
- Early withdrawal penalties may apply
- Interest rate may vary
- Interest is compounded daily and credited semi-annually
- See your IRA or other tax qualified plan disclosure
IRA Certificates of Deposit
- Minimum daily balance $500.00 to earn APY
- 180 day certificate is compounded daily and paid at maturity
- Certificates 12 months and greater - interest is compounded daily and credited semi-annually
- Early withdrawal penalties may apply
- See your IRA or other tax qualified plan disclosure
