Checking Accounts

Cash Rewards

It’s rewarding to have a checking account where you can enjoy higher interest earnings and refunds on ATM withdrawal fees.

Cash Rewards checking is a checking account that pays. Earn up to 3.00% Annual Percentage Yield (APY*) on your balance just for doing simple banking activities, like using your debit card.

You’ll also get refunds on ATM withdrawal fees,(up to $10 monthly, if qualifications are met) NATIONWIDE — so every ATM is your ATM, whether you’re in Sullivan, Springfield, or elsewhere. Link your account to a Cash Rewards with Savings Rewards to make saving easy. Visit us today to open your accounts.

Benefits

• A checking account that pays a higher interest rate
• Balances up to $10,000 earn 3.00%  APY* and balances over $10,000 earn 0.30% APY*
• 0.05% APY* if qualifications aren’t met
• Refunds on ATM withdrawal fees, nationwide(up to $10 monthly), if qualifications are met
• Link to Savings Rewards to build savings automatically
• No minimum balance to earn rewards
• Free eStatements or Paper Statement Fee of $5
• Free online banking
• Free mobile banking with mobile deposit
• Initial Standard MasterCard® debit card at NO Cost***
• Overdraft Coverage Options

Earning your rewards is easy!

To earn your rewards,  all of the following transactions and activities must post and settle to your Cash Rewards account during each Monthly Qualification Cycle:

• At least 1 direct deposit
• At least $200 in POS (Point of Sale) debit card purchases

$100 minimum deposit to open

And if you don’t meet these qualifications, don’t worry – you’ll still earn our base rate.

And you can get right back to earning your full rewards the very next cycle that you qualify.

Effective September 9, 2022, all accounts for Cash Rewards, Cash Back Rewards, Savings Rewards with Cash Rewards, and Savings Rewards with Cash Back Rewards will have their Statement Cycle and Qualification Cycle changed from the 10th of each month to the 15th of each month.

If the Statement date falls on a non-Business Day, the monthly statement and qualification cycle (if applicable) ends the Business Day prior.

*Annual Percentage Yield

***Does not include a customized debit card.

Cash Back Rewards

The Cash Back Rewards checking account is as straight forward as it sounds. At Sullivan Bank, we believe in transparency so that you are always able to make the most educated decision. Simply meet specific reward qualifications each month, and you’ll be rewarded.

You get refunds on ATM withdrawal fees, (up to $10 monthly, if qualifications are met) NATIONWIDE — so every ATM is your ATM, whether you’re in Sullivan, Springfield, or elsewhere. Link your account to a Cash Back Rewards with Savings Rewards to make saving easy. Visit us today to open your accounts.

Benefits

• A checking account that pays you back
• Balances over $75,000 earn 0.05% APY*, no qualification requirements
• Cash Back is based on dollar of spend on qualifying transactions:

1. Spend $0.00 – $29.99; Receive $1 back
2. Spend $30.00 – $49.99; Receive $2 back
3. Spend $50.00 – $99.99; Receive $4 back
4. Spend $100.00 – $149.99; Receive $6 back
5. Spend $150.00 or more; Receive $8 back

• Refunds on ATM withdrawal fees, nationwide (up to $10 monthly), if qualifications are met
• Link to Savings Rewards to build savings automatically
• Free eStatements or Paper Statement Fee of $5
• Free online banking
• Free mobile banking with mobile deposit
• Initial Standard MasterCard® Debit Card at NO Cost***
• Overdraft Coverage Options
• No minimum balance to earn rewards.

Earning your rewards is easy!

To earn your rewards, all of the following transactions and activities must post and settle to your Cash Back Rewards account during each Monthly Qualification Cycle:

At least 1 direct deposit

At least 10 POS (Point of Sale) debit card purchases

$100 minimum deposit to open

If you don’t meet your monthly qualifications, there is no need to worry! There is no penalty if you don’t qualify and you can get right back to earning your rewards the very next cycle that you qualify.

Effective September 9, 2022, all accounts for Cash Rewards, Cash Back Rewards, Savings Rewards with Cash Rewards, and Savings Rewards with Cash Back Rewards will have their Statement Cycle and Qualification Cycle changed from the 10th of each month to the 15th of each month.

If the Statement date falls on a non-Business Day, the monthly statement and qualification cycle (if applicable) ends the Business Day prior.

*Annual Percentage Yield

***Does not include a customized debit card.

Open Account

Priority Plus

A Complete Rewards Checking Account

• 6.00% APY* on Balances up to $25,000 if qualifications are met
• Refunds on ATM withdrawal fees (up to $10 monthly) if qualifications are met
• Initial Standard Debit Card at NO Cost***
• Free Online & Mobile Banking
• Unlimited Check Writing
• No Minimum Balance
• No Monthly Service Charge
• Free eStatements – no more paper statements
• Overdraft Coverage Options

Qualifications:

All qualifications must be completed during the statement cycle.

• 12 or more Debit Card POS (Point of Sale) transactions clear the account totaling a minimum of $300
• Accept e-Statements
• Have at least one direct deposit or direct debit clear the account
• Log into Online Banking at least once

*Annual Percentage Yield of 6.00% is accurate as of September 6, 2023. $100.00 Minimum Opening Deposit. No Minimum Balance required to maintain the account. To earn the higher rate of interest and a maximum of $10.00 in ATM fees refunded per statement cycle all of the following transaction and activities must be completed and post and settle to the account during each Monthly Qualification Cycle, you must have: 12 or more Debit Card POS (Point of Sale) transactions totaling a minimum dollar amount of $300 during the statement cycle, accept electronic delivery of monthly eStatements (requires a valid e-mail address), at least one direct deposit or direct debit clear the account during the statement cycle and log into Online Banking at least once during the statement cycle. If the Statement date falls on a non-Business Day, the monthly statement and qualification cycle (if applicable) ends the Business Day prior. Non-Qualified or Balances over $25,000 will earn 0.05% APY. Rates may change after account opening. Limited to 2 accounts per individual listed as primary account owner. Additional terms and conditions may apply. Message and data rates may apply. Contact a Retail Specialist for more information. 

***Does not include a customized debit card

Open Account

Simple Checking

• Non-Interest Bearing Account
• Initial Standard Debit Card at NO Cost***
• Free Online & Mobile Banking
• Unlimited Check Writing
• No Minimum Balance
• Free eStatements or Traditional Paper Statements
• No Monthly Service Charge
• $25 Minimum Deposit to Open
• Overdraft Protection Coverage Options Excluded
• No Return Items/Paid Items/Re-Presentment Charges

***Does not include a customized debit card.
Learn More about Bank On

Open Account

50+ Free Interest Checking

FREE for Customers 50 and over!

• Competitive Interest
• Initial Standard Debit Card at NO Cost***
• Free Online & Mobile Banking
• Unlimited Check Writing
• No Minimum Balance
• Free eStatements or Traditional Paper Statements
• No Monthly Service Charge
• $50 Minimum Deposit to Open
• Overdraft Coverage Options

***Does not include a customized debit card.