More and more banks are adding monthly maintenance fees or making it more difficult to avoid service charges on their checking accounts.  The minimum monthly cost of maintaining a checking account at many banks can run from $5.00 to $12.00.  Some banks call that “fair pricing” (CNN Money 1/24/11).   At Empower, we think a ZERO monthly maintenance fee is “fair”.

Here are some of the features and benefits that make an Empower checking account a winner:

  • No monthly maintenance fee or minimum balance requirements
  • Earn interest any day your balance is $300 or more
  • Direct deposit or Payroll Deduction
  • Internet banking including on-line bill pay and e-Statements
  • Voice Response service is like having a teller anywhere you go
  • VISA debit/ATM cards for checkless purchases and cash withdrawals
  • No “foreign ATM fee” at 4900 Alliance One ATM’s in the U.S.
  • First order of checks free for new accounts (excludes High Voltage Checking)
  • Overdraft Transfer and Overdraft Protection services available

For a listing of all participating ALLIANCE ONE ATM locations:  www.allianceone.coop.

To open a checking account, come in or call us at 414-988-6600.

Features Power Checking Power Plus Checking High Voltage Checking
Minimum Balance NONE NONE NONE
Monthly Service Fee NONE NONE NONE
Interest earning* No Yes 1 Yes2
Per Check Charge No No Yes
Free Online Banking Yes Yes Yes
Free Online Bill Pay Yes Yes Yes
Free E-Statements Yes Yes Yes
Free VISA® Check Card Yes Yes Yes
High Yield No No Yes
* Interest paid for any day the checking balance is $300 or more. 1Power Plus Checking requires direct deposit for dividends to be paid.  2 High Voltage Checking requires direct deposit AND E-Statements for dividends to be paid.