Checking
Magyar Bank has a complete line of simply MAGnificent checking accounts to choose from. Select the one which best fits your needs. All of our checking accounts come with:
Magyar Free Checking
|
Sign up for Direct Deposit and we’ll rebate your ATM surcharges at statement cycle.
- $100 Minimum to Open
- No Monthly Maintenance Fee
- Magyar Debit Card with no annual fee
- Unlimited Check writing
|
|
Magyar Interest Checking
|
For customers looking to earn interest on their money.
- $100 Minimum to Open
- No Monthly Maintenance Fee with direct deposit, otherwise free for the first year then $10 if the daily balance drops below $1,000
- Magyar Debit Card with no annual fee
- Unlimited Check writing
- Earn interest on your account – check out our current rates
|
|
Magyar Premium Checking
|
For customers who keep a high balance in their checking account.
- $100 Minimum to Open
- No Monthly Maintenance Fee with direct deposit, otherwise free for the first year then $20 if the daily balance drops below $10,000
- Magyar Debit Card with no annual fee
- Unlimited Check writing
- Earn interest on your account – check out our current rates
|
|
NJ Consumer Checking
|
Magyar’s most basic checking account
- $50 Minimum to Open
- $3.00 Monthly Maintenance Fee
- Magyar Debit Card with no annual fee
- Up to eight checks per month, then $.50 for each check over eight.
|
|
Second Chance Checking
|
For individuals with credit or other issues that may have prevented them from opening a checking account.
- $100 Minimum to Open
- No minimum balance requirement. $10 Monthly Maintenance Fee ($9 Monthly Maintenance Fee with direct deposit)
- Magyar Debit Card with no annual fee. $500 limit for ATM withdrawals, and $250 limit for point of sale
- No Check writing allowed in this account
|
|
Second Chance Plus Checking
|
For individuals who were in Second Chance Checking for at least 12 months and are in good standing
- No minimum balance requirement. $10 Monthly Maintenance Fee ($9 Monthly Maintenance Fee with direct deposit)
- Magyar Debit Card with no annual fee. $500 limit for ATM withdrawals, and $250 limit for point of sale
- Unlimited Check writing
- $100 Minimum to open
|
|
|
Fee Schedule
Get started today - complete the information below and a Magyar Bank representative will get back to you to answer any questions you may have.
