Irwin Bank and Trust
  17 May 2008
Checking with Interest

"How do I make every penny count?"

Checking With Interest

"I have my paycheck directly deposited into my Irwin Bank checking account where it immediately begins earning interest. Since I feel more secure keeping a balance of at least $500, I might as well make the most of it."


FDIC

Internet Banking
Earn interest on your checking account balance.
Interest-Bearing Checking Account  

Make the most of your money by earning a competitive, variable interest rate on your checking account balance with an Irwin Bank Interest-Bearing Checking Account. In addition to individual account holders, this checking account is ideal for groups* that need to make every penny count, such as non-profit organizations (501c4 - 501c13; 501c19), governmental units, sole-proprietorships, and homeowner and condominium associations.

*Federal law prohibits for-profit entities from participating. A non-individual customer may be required to certify eligibility status.

Opening deposit $500
Minimum monthly balance $500
Interest Variable rate -- Interest is compounded and credited monthly.
ATM Access Yes
Record Keeping: Descriptive monthly statement of all transactions. Check images can be returned with each statement as an option.*
Direct Deposit Available for Payroll, Social Security, Dividend, Interest, Pension, or other payments of this type.
Service Fee An $8 monthly service fee will apply if account balance falls below $500 on any day of your monthly cycle.
FDIC-Insured Up to $100,000
Other Features You can pre-authorize automatic debits for loan payments and insurance premiums; stop payment requests accepted in writing.

Any account without generated activity for more than one year will be placed in dormant status and assessed a $2 per month maintenance fee.

*$2.00 monthly service charge.

Revision 10-04