Personal Checking

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Personal Checking Account Comparison

All of our checking accounts include:

This cell left empty on purpose Regular NOW
(Negotiable Order of Withdrawal)
Money Market Checking Senior Citizen
(60 and Older)
Student Checking
Minimum Initial Deposit $100 $1,500 $5,000 $1.00 $1.00Please call for more information
Requirements to Avoid Service Charge $800 Requirements Requirements No minimum balance No minimum balance
No Monthly Service Charge       Available Available
Service Charge Fees Fees   Fees    
Interest Bearing   Available Available    

Regular-Checking Anchor

Regular Checking

Regular Checking Benefits

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

NOW Checking Anchor

NOW Checking

  • $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
  • Free eStatements

Money Market Checking Anchor

Money Market Checking

  • $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
  • Free eStatements
  • Call for current interest rates

Senior Citizen Checking Anchor

Senior Citizen Checking

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

Student Checking Anchor

Student Checking

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

Bank of Erath
105 W. Edwards Street
Erath, LA 70533
Phone: 337-937-5816
Lost/Stolen Card: 1-800-754-4128

Equal Housing LenderMember FDIC