Bank of Erath logo
Abbeville Location
Delcambre Location
Erath Location

Personal Banking

Regular Checking

Fees for Regular Checking:

Monthly Minimum Balance Monthly Charge
$800.00 or More No Monthly Service Charge
$700.00 - $799.99 $3.50
$500.00 - $699.99 $7.00
$499.99 - Below $8.00

back to top

Club 50 Checking

Club 50 Benefits:

  • First 50 starter pack of personalized checks free
  • Up to eight money orders per year, no service charge
  • Up to 8 free stop payments per year
  • No service charge for single signature Travelers Cheques
  • No monthly service charge for ATM card
  • $10 annual credit towards rental fee of safe deposit box

Club 50 Fees:

Monthly Minimum Balance Monthly Charge
$100.00 - or More $5.00
$0.00 - $99.99 $10.00

back to top

NOW Checking

Personal NOW Account Requirements:

  • $1,500.00 required to open
  • Service charge is based on a minimum statement cycle balance. In the event your minimum statement cycle balance falls below $1,500.00, you will be charged $10.00
  • Interest will be forfeited for the number of days your balance is below $1,500.00
  • 15 checks allowed to post each statement cycle at no charge; above the 15th check a charge of $.15 per check will be assessed

back to top

Money Market Checking

  • calculator, notebook, and pen$5,000.00 required to open
  • Below $25,000 a service charge of $15.00 per month
  • Interest forfeited on days below $1,500.00
  • A $20.00 per item fee after 6 withdrawals
  • Call for current interest rate

back to top

Senior Citizen Checking

  • CheckNo monthly service charge for senior citizens over age 60
  • No minimum balance required
  • Free Internet Banking
  • Direct Deposit accepted

back to top

Student Checking

  • No monthly service charge for full time students (school ID required)
  • No minimum balance required
  • Free online banking

back to top

Personal Checking Account Comparison

Regular Club 50
(50 and Older)
NOW
(Negotiable Order of Withdrawal)
Senior Citizen
(60 and Older)
Student
(School ID Required)
Minimum Initial Deposit $100 $100 $1,500 $1.00 $1.00
Requirements to Avoid Service Charge $800 Click here for account requirements No minimum balance Full-time student, school ID required
No Monthly Service Charge check mark check mark
Service Charge Fees Click here for a list of fees Click here for a list of fees
Interest Bearing check mark
FREE Online Banking check mark check mark check mark check mark check mark
Direct Deposit Accepted check mark check mark check mark check mark check mark
ATM/Debit Card
Some restrictions may apply
check mark check mark check mark check mark check mark
Benefits Click here for the list of Club 50 benefits

back to top

Personal Passbook Savings

  • $100.00 required to open adult; $1.00 minor
  • 3 free withdrawals per quarter
  • $1.00 charge per withdrawal over three
  • Direct deposit available
  • Close before 90 days $35.00 charge
  • Duplicate book $5.00 charge
  • $500.00 BALANCE AND OVER NO CHARGE AND NO WITHDRAWAL CHARGE
  • $300.00 - $499.99 $2.00 per quarter
  • $0.00 - $299.99 $3.00 per quarter
  • NO SERVICE CHARGE FOR MINORS

back to top

Personal Christmas Club Savings

  • Santa Clause holding a piggy bank$1.00 required to open
  • Plans provide $250, $500, and $1,000
  • An open plan provides $1.00 and up to your choice amount for your Christmas needs
  • Monthly payments can be deducted from your checking account
  • One withdrawal per year to close account

back to top

Personal CDs

back to top

Individual Retirement Account (IRA)

Traditional IRA

  • $250.00 required to open
  • Terms are 12, 24, 36, and 60 months

back to top