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Affordable & Convenience+ Checking
Home / Personal Banking / Bank / Checking / Affordable & Convenience+ Checking

Find the checking account that best fits your banking needs

Learn about our offerings below.

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Open an Affordable or Convenience+ Checking account at your nearest Amalgamated Bank branch

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800-662-0860

Product details

Affordable Checking
 

Monthly maintenance fee
$0
Minimum deposit to open
$0
Earns interest
No

 

  • Access your account via Debit Mastercard®1
  • Online and/or Mobile Banking2
  • Basic checking account for your everyday banking needs
  • Only available at an Amalgamated branch3

Convenience+ Checking
 

Monthly maintenance fee
$0*
Minimum deposit to open
$0
Earns interest
Yes

*With a qualified direct deposit or $10 if no direct deposit4

  • Access your account via Donate the Change Enhanced Debit Mastercard® Online and/or Mobile Banking2
  • Tiered variable interest rate based on balance
  • One (1) overdraft fee waived every 12 months
  • Two (2) non-Amalgamated Bank/non-Allpoint® domestic ATM surcharges waived5 per statement cycle
  • Only available at an Amalgamated branch3

1 Mastercard and the Mastercard Brand Marks are registered trademarks of Mastercard International Incorporated.

2 Your mobile carrier’s message and data rates may apply.

3 This account can only be opened at an Amalgamated branch. It cannot be opened online.

4 A qualifying direct deposit is an electronic deposit of your salary, pension, Social Security, or other recurring monthly income to your account. Transfers from one account to another, or deposits made at a branch location, ATM, or through a mobile device, do not qualify as a direct deposit. The monthly service fee will be waived for the first statement cycle to allow you to receive direct deposit to your account. After the first statement cycle, the monthly service fee will be assessed unless your account received direct deposit.

5 The two (2) non-Amalgamated Bank/non-Allpoint® domestic ATM surcharges will be debited from your account at the time of the transaction and credited to your account on the same business day that the transaction is posted to your account.

Rates

Affordable Checking

Amount APY*  Interest rate
N/A                     N/A      N/A

Convenience+ Checking

Amount APY* Interest rate
$0 - $499.99 0.06% 0.06%
$500 - $999.99 0.10% 0.10%
$1,000+ 0.15% 0.15%
* APY means Annual Percentage Yield
Rates effective as of 06/07/2019. This is a variable rate account. The rates may change after the account is opened. Fees may reduce earnings. Advertised rate and APY are offered at the bank’s discretion and may change daily.

 

 

 

 

 

 

How we’re different

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Today, we became the first bank in the United States to endorse the United Nation’s Principles for Responsible Banking. The Principles for Responsible Banking provide the framework for the sustainable banking system of the future.

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For 96 years, social responsibility has been embedded into our products, policies, programs, operations and mission. So two years ago when we were recognized by B Lab as a company that meets their rigorous standards for social and environmental performance, accountability and transparency, it was an important third party endorsement.

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