REMINDER: Reward Visa Card holders must redeem their earned points before March 26th, 2023 (Sunday) when the Reward Program terminates. Your old Rewards card will also no longer be valid after March 26th. Visit our Credit Card Conversion page for complete details HERE.
Taking an Interest
If you can maintain a balance of at least $250.00 - or if you are able to have your payroll/net check or regularly-occurring benefit check directly deposited to your Ripco checking account - our dividend-earning checking account puts your money to work for you.
Dividend Checking Account Features
- Minimum amount to open: none
- Minimum balance to maintain: none if you have direct deposit; otherwise maintain a balance of $250 to avoid fees
- Fees: none if a balance of $250.00 is maintained for the entire month or if you have direct deposit of your payroll or benefit check. If your account balance falls below $250.00 and you do not have direct deposit, a minimum balance fee of $3.00 plus $0.10 per check in excess of 15 per month will be charged.*
- Transaction limit: none
- Interest earned when a balance of $250.00 is maintained; dividends compounded and credited monthly