Essential Checking

Minimum Balance Requirements:

You must deposit $100 to open this account. A monthly service charge of $7 will be imposed every statement cycle if the daily balance in the account falls below $100 any day of the statement cycle. The $7 service charge will be waived if you make at least one monthly direct deposit greater than or equal to $100.00.


This account assumes enrollment in e-Statements. You may opt to receive a paper statement. There will be a $5 charge for each month you receive a paper statement.

Dormant/Inactive Account Information:

A dormant service charge of $5 per month will be charged after 12 months of no activity or communication and your balance is lower than $500.

Processing Order:

All credit transactions are processed first. Debits, or withdrawals, from your account will be processed as follows: ATM/Debit Card transactions, checks and then Preauthorized transactions (i.e. ACH Payments). Items are processed from highest to lowest within each category.

Transaction Limitations:

No transaction limitations apply to this account.

Additional Services Available with Your Account:

The following services are available at no cost with your checking account at Equity Bank: Online Banking, Mobile Banking, Online Bill Pay, a personal debit card, ATM usage.