Minimum Opening Deposit
A $25.00 deposit is required to open this account.
Monthly Service Fee
The Monthly Service Fee of $3.00 can be waived with a monthly direct deposit of at least $300.00, a combined deposit relationship of $2,500.00 or more OR enrolling in and maintaining eStatements
Debit Cards & Using ATMs
Cash Back Purchase Rewards
This account includes the following debit card reward program options:- 'Ridgewood Rewards' program to earn points for gifts and other items. There is no annual fee for this card;- 'Cash Back Purchase Rewards' puts money back into your account based on your debit card usage. There is no annual fee for this card.
Surcharge-Free ATM Access
Non-affiliated ATM Usage Fee
There is a $1.50 fee each time you use a non-affiliated ATM.
International ATM Usage Fee
There is a $1.50 fee each time you use an ATM in another country.
Electronic & Telephone Banking
Online Bill Pay
Mobile & Text Banking
This institution supports:- A text messaging service to view account balances, view recent activity, transfer funds, receive alerts;- A mobile-browser website to view account balances, view recent activity, transfer funds, pay bills;- An iPhone and iPad application to view account balances, view recent activity, transfer funds, pay bills, locate ATMs;- An Android application to view account balances, view recent activity, transfer funds, pay bills, locate ATMs.
Deposit Checks with Mobile Phone
This feature is available on the iPhone, iPad, and Android mobile application.
This Email Alert feature enables you to receive:- Warnings when your balance falls below a certain threshold;- Reminders that bills are coming due for payment;- An email to let you know there's a secure message for you in Online Banking;- Priority Online Account notifications (i.e., change of password).
Included with Online Banking
Automated Phone Banking
Checks & Statements
Unlimited Check Writing
This account does not include unlimited check writing.There is a $0.25 fee each time you write a paper check after the first 8 checks per month. The Check Processing Fee can be waived by having a direct deposit.
Free or Discounted Checks
The first order of 40 Standard checks is free for all new account holders.
Monthly Paper Statements
Check Images with Statements
Online Check Images
Images of canceled checks can be viewed online.
Overdrawing the Account
Returned Item Fee
The Insufficient Funds Fee is $30.00 per overdraft.
This checking account has 2 options for Overdraft Protection.From a linked Savings Account:- No Transfer Fee;- Funds are transferred to bring the account balance to $0.00.From a linked Overdraft Line of Credit:- Funds are transferred to bring the account balance to $0.00;- The fee is charged as a percentage of the necessary amount transferred.
About Ridgewood Savings Bank
From their website: "Over the years we have endeavored to be the unfailing friend of the many thousands who recognize the wisdom of keeping their hard-earned money in a mutual savings bank." Founded in 1920, Ridgewood Savings Bank offers banking and borrowing for both individuals and businesses from 36 branches throughout the greater NYC area.