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Checking Accounts

Personal Checking Accounts

Checking accounts are the cornerstone of your relationship with Kensington Bank.

Your checking options let you choose an account that best fits with your values and how you like to manage your everyday finances.

Which Checking Account is Right for You?

Rewards CheckingInterest CheckingFree Checking


SPECIAL REQUIREMENTS

Rewards Checking


These 4 requirements must all be met during each statement cycle to earn the special Rewards Checking interest rate:

  • 15 debit card transactions per statement cycle7
  • 1 monthly direct deposit OR 1 month ACH debit7
  • Monthly eStatements
  • Enroll in Digital Banking

Interest Checking


None

Free Checking


eStatements


MINIMUM TO OPEN

Rewards Checking


$25

Interest Checking


$750

Free Checking


$25


MINIMUM DAILY BALANCE

Rewards Checking


None

Interest Checking


$750

Free Checking


None


INTEREST

Rewards Checking


Yes, tiered:

  • Earn Rewards rate on balances up to $10,000
  • Earn Interest Checking rate on the portion of balances over $10,000

Interest Checking


Yes

Free Checking


None


FALL BELOW FEE

Rewards Checking


N/A
If 4 requirements are not met, no interest is earned for that statement cycle.

Interest Checking


Yes

Free Checking


None


ADDITIONAL BENEFITS

Rewards Checking


  • ATM Fee Rebate
    (up to $10)3
  • First order of checks free4
  • Online Scorecard
  • Free Digital Banking
  • Free Bill Pay1
  • Free Mobile Banking
  • Free Debit Card2
  • ¼% Consumer
    Loan Discount with Autopay2, 6
  • Check images w/eStatements($3 paper statement fee)
  • Refer-a-Friend Rewards
  • No Ready Reserve Set-up fee2
  • No Annual Fee Rewards Credit Card2
  • Identity Theft Smart Available5

Interest Checking


  • Free Digital Banking
  • Free Bill Pay1
  • Free Mobile Banking
  • Free Debit Card2
  • ¼% Consumer
    Loan Discount with Autopay2, 6
  • Free PAPER statement w/images (eStatement available)
  • Refer-a-Friend Rewards
  • Ready Reserve Available2
  • No Annual Fee Rewards Credit Card2
  • Identity Theft Smart Available5

Free Checking


  • Free Digital Banking
  • Free Bill Pay1
  • Free Mobile Banking
  • Free Debit Card2
  • ¼% Consumer
    Loan Discount with Autopay2, 6
  • Check images w/eStatements($3 paper statement fee)
  • Refer-a-Friend Rewards
  • Ready Reserve Available2
  • No Annual Fee Rewards Credit Card2
  • Identity Theft Smart Available5

Must be 18 or older to open Rewards Checking. Limit one Rewards Checking & Savings per person. Paper Statement is $3 unless noted as free. Savings excess withdrawal fee of $10.

  1. $5 monthly Bill Pay Inactivity fee after 60 days.
  2. Subject to approval.
  3. If the 4 Rewards Checking requirements are not met during any statement month/statement cycle, ATM fees will not be rebated that month.
  4. In house Bank checks.
  5. Fees may apply.
  6. Example: a checking customer with a $5,000 loan with an annual percentage rate (APR) of 7.31% enrolled in autopay would receive a ¼% interest rate discount. This would result in an APR of 7.06%.
  7. Posted transactions.
  8. Paperless Statements includes enrollment of online statements through Digital Banking or enrollment in e-statements.

Refer-a-Friend: If you refer a friend and they mention your referral when they open a new account, you will receive $10 and your friend will receive a Bank gift.

Special Perks for Customers 55+

Choose the checking account that best meets your needs, and enjoy these EXTRA benefits:

ATM Fee Rebate (up to $10 /mo.)
Free paper statement (optional)
Free box of checks annually4
1/2 off small safe deposit box (or $10 credit for larger box)
Free photo copies


Stop by any of our offices, give us a call at (866) 965-2419, or contact us.

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