Want a checking account that earns interest? We've got them!

M&P Investment Checking 

• Minimum opening deposit - $5,000
• Unlimited deposits and check writing
• Interest is paid at a tiered rate
• Earns Interest* when these terms are met:
     Must receive eStatements. If statement is mailed a $5 monthly fee will apply.
     Must maintain an average daily balance of $5,000 or more to avoid a $5 service charge each statement cycle.
  If the above criteria is not met, interest will not be paid
• Interest is compounded and paid monthly. If the account is closed before interest is paid, all accrued interest may be forfeited
• Monthly statement with images
• If you opt-out of eStatements at any time, a $2.00 postage fee will apply. Additionally, no interest will be paid and service fees will apply. 
• Free Visa Debit Card with eStatements - Card Subject to Approval
• Free 24-Hour account access through eBanking or 24-Hour Banking Anytime line
• FREE Payment services to make paying bills and people easier
• Annual fee for Merchants & Planters Bank Credit Card will be waived if annual average ledger balance of $75,000 or more is maintained in this account.
• Bounce Protection is not available
• If account is closed within 90 days of opening, a $25 charge may apply before the account is closed

*Interest rate is variable and subject to change. Interest is computed by using the Average Daily Balance

eNet Checking

Earns interest when these terms are met:
   Must receive eStatements
   Must have 12 or more Debit Card point of sale transactions post and clear per statement cycle (ATM transactions do not    
    qualify)
   Must have one Direct Deposit and/or one ACH Debit post and clear per statement cycle
   If the above criteria is not met, interest will not be paid.

Other Details:

• Minimum opening deposit - $100
• Interest is compounded and paid monthly. If the account is closed before interest is paid, all accrued interest may be forfeited
• $7.50 service charge applies every statement cycle if average balance falls below $1,000 during the statement cycle. Service charge WAIVED if receiving eStatements or Direct Deposit
• If you opt-out of eStatements at any time, a $2.00 postage fee will apply. Additionally, no interest will be paid and service fees will apply. 
• Free Visa Debit Card with eStatements or Direct Deposit – $1.00 per card per statement cycle applies if no eStatements or Direct Deposit - Card Subject to Approval
• Unlimited deposits and check writing
• Bounce protection available upon approval
• Free 24-Hour account access through eBanking or 24-Hour Banking Anytime line
• FREE Payment services to make paying bills and people easier
  
• If account is closed within 90 days of opening, a $25 charge may apply before the account is closed

* Interest rate is variable and subject to change. Higher rate paid on balances up to $25,000. Balances in excess of $25,000 paid Advantage Plus Checking rate. Interest is computed by using the Average Daily Balance.

Advantage Checking

• Minimum opening deposit - $100
• Interest paid at tiered rate
• Interest is compounded and paid monthly. If the account is closed before interest is paid, all accrued interest may be forfeited
• Free basic checks
• $7.50 service charge applies every statement cycle if average daily balance falls below $500 during the statement cycle. Service charge WAIVED if receiving eStatements or if overall deposit relationship is $25,000 or more
• Visa Debit Card – $1.00 per card per statement. Fee WAIVED if receiving eStatements or Direct Deposit. Card Subject to Approval.
• Unlimited deposits and check writing
• Bounce protection available upon approval
• Free 24-Hour account access through eBanking or 24-Hour Banking Anytime line
• FREE Payment services to make paying bills and people easier
• Monthly statement with images
• $2.00 Postage and Handling fee applies if receiving paper statements. Postage and Handling fee WAIVED if receiving eStatements or overall deposit relationship is $25,000 or more.
• If account is closed within 90 days of opening, a $25.00 charge may apply before the account is closed

Advantage Plus

• Minimum opening deposit - $100
• Age 55 and over
• Interest paid at tiered rate with Direct Deposit
• Must receive a Direct Deposit in the account per statement cycle to receive interest at current interest rate. No interest paid if not receiving Direct Deposit
• Interest is compounded and paid monthly. If the account is closed before interest is paid, all accrued interest may be forfeited
• Free basic checks
• $7.50 service charge applies every statement cycle if average daily balance falls below $500 during the statement cycle. Service charge WAIVED if receiving eStatements or if overall deposit relationship is $10,000 or more
• ATM/Visa Debit Card, subject to approval, at no charge.
• Unlimited deposits and check writing
• Bounce protection available upon approval
• Free Cashiers Checks
• Free 24-Hour account access through eBanking or 24-Hour Banking Anytime line
• FREE Payment services to make paying bills and people easier
• Monthly statement with images
• $2.00 Postage and Handling fee applies if receiving paper statements. Postage and Handling fee WAIVED if receiving eStatements or overall deposit relationship is $10,000.00 or more
• If account is closed within 90 days of opening, a $25.00 charge may apply before the account is closed

Insured Money Market

• Minimum opening deposit - $2,500
• Higher interest paid on balances over $2,500
• Interest is compounded and paid monthly. You must maintain a minimum daily balance of $1.00 in the account each day to obtain the disclosed annual percentage yield. If the account is closed before interest is paid, all accrued interest may be forfeited
• Unlimited deposits
• 6 covered transactions allowed per statement cycle – each additional transaction $1.00*
• Covered transactions/withdrawals include:
  Transfers or withdrawals made to another account of the same depositor at the same bank, if made by:
  - Preauthorized transfer
  - Automatic transfer
  - Telephone, including fax, or
  - M&P's Online or Mobile Banking services
  Transfers or withdrawals to a third party (or to an account of the customer at another bank), if made by:
  - Preauthorized transfer (ACH)
  - Automatic transfer
  - Telephone, including fax, or
  - M&P's Online or Mobile Banking services
  - Similar order made by the depositor and payable to third parties
  *Repeated violations of excessive covered transactions could result in the account being closed
• Unlimited transfers can be made in person, by mail, or at any M&P ATM
• Monthly statement with images
• No service charge if balance remains above $2,500 ($10.00 charge per statement cycle if balance falls below $2,500 during the statement cycle). Service Charge WAIVED if receiving eStatements or Direct Deposit or if overall deposit relationship is $25,000 or more
• Free 24-Hour account access through eBanking or 24-Hour Banking Anytime line
• If account is closed within 90 days of opening, a $25.00 charge may apply before the account is closed

Overdraft Protection is available for eNet, Advantage, and Advantage Plus accounts - Subject to Approval.

For more information regarding Overdraft Protection and our standard overdraft practices, please click here or contact any of our convenient locations.