image of a person's hands and arms writing a check over a computer keyboard

Checking Accounts

Checking Accounts

Checking accounts are the cornerstone of your relationship with Kensington Bank. We understand that everyone has unique requirements when it comes to managing their money. That’s why we offer a variety of checking account options tailored to suit your lifestyle. Whether you’re a student just starting out, a busy professional, or a retiree enjoying your golden years, we have the perfect account for you.

Our checking accounts come with a host of benefits that make your banking convenient and efficient. With online and mobile banking, you can access your account anytime, anywhere, allowing you to check your balance, transfer funds, and pay bills with ease. Our user-friendly interfaces and robust security measures ensure that your financial information remains protected at all times.

Our checking account 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 CHECKING

OVERVIEW

Information for Rewards Checking

SPECIAL REQUIREMENTS

These 3 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
  • Enrolled in Paperless Statements

MINIMUM TO OPEN
$25

MINIMUM DAILY BALANCE
None

INTEREST
Yes, tiered:

  • Earn Rewards rate on balances up to $20,000
  • Earn Interest Checking rate on the portion of balances over $20,000

FALL BELOW FEE
If 3 requirements are not met, no interest is earned for that statement cycle.

ADDITIONAL BENEFITS

  • ATM Fee Rebate (up to $10)3
  • First order of checks free4
  • 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

OVERVIEW

Information for Interest Checking

SPECIAL REQUIREMENTS

None

MINIMUM TO OPEN
$750

MINIMUM DAILY BALANCE
$750

INTEREST
Yes

FALL BELOW FEE
$10 per month

ADDITIONAL BENEFITS

  • 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

OVERVIEW

Information for Free Checking

SPECIAL REQUIREMENTS

None

MINIMUM TO OPEN
$25

MINIMUM DAILY BALANCE
None

INTEREST
None

FALL BELOW FEE
None

ADDITIONAL BENEFITS

  • Free Bill Pay1
  • Free Online & Mobile Banking
  • Free Debit Card2
  • ¼% Consumer Loan Discount with Autopay2, 6
  • Check images are free with paperless statements otherwise a $3 paper statement fee applies.
  • Ready Reserve Available2
  • Identity Theft Smart Available5

Limit one Rewards Checking per person. Paper Statement is $3 unless noted as free.

  1. $5 monthly Bill Pay Inactivity fee after 60 days.
  2. Subject to approval.
  3. If the 3 Rewards Checking requirements are not met during any statement month/statement cycle, ATM fees will not be rebated that month.
  4. Only applies to initial check order when the account is opened.
  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 auto-pay 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.

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 annually 4
  • 1/2 off small safe deposit box (or $10 credit for larger box)
  • Free photo copies of check images

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