Personal Checking
Morgantown Bank & Trust offers a variety of checking account options to serve you. With FREE Internet Banking, FREE BillPay and FREE 24-Hour Telephone Banking – no matter where you are, you’re Home.
And Morgantown Bank & Trust’s Online Banking is FREE with ANY Checking Account!
Enjoy the convenience of accessing your account information 24 hours a day. Morgantown Bank & Trust’s Online Banking lets you:
- Pay your bills electronically
- Review your account balances
- Confirm that your checks have cleared
- Transfer funds
- Record ATM or Debit Card transactions
EASY CHECKING
Our most flexible checking account allows you unlimited check-writing privileges and no monthly service charge. Open the account with an initial deposit of $500.00 and we’ll throw in 2 complimentary boxes of checks. Open it with less than $500.00 and we’ll still throw in 1 box of complimentary checks.
- Minimum Opening Balance - $100.00
- No Monthly Service Charge
- Unlimited Check Writing
- Interest Bearing**
- No monthly minimum balance required
- FREE Online Banking
- FREE Online Bill Payment
- FREE 24-Hour Telephone Banking
- Notary Service
- Overdraft Privilege Program (certain restrictions apply)*
- ATM/Visa Debit Card Available
**Interest rate varies and may change daily. Call one of our friendly Customer Service Representatives at 270-526-3881 for our current rates.
NOW ACCOUNTS
The best of both worlds – Interest Checking provides the convenience of a checking account while earning interest like a savings account. Unlimited check writing with no per check charges.
| Type of Account |
Minimum Opening Deposit |
Monthly Maintenance Fee |
Balance Required to Waive Fee |
Interest Bearing |
Minimum Balance to Earn Interest |
| NOW Account |
$1000.00 |
$10.00 if minimum balance drops below $1000.00 |
$1000.00 |
Yes (int. paid on collected balances) |
$1000.00 |
| NOW Account BanClub 50 Gold |
$1000.00 |
$4.00 |
N/A |
Yes (int. paid on collected balances) |
$1000.00 |
| NOW Account BanClub Basic |
$1000.00 |
$7.00 |
N/A |
Yes (int. paid on collected balances) |
$1000.00 |
| NOW Account BanClub Family |
$1000.00 |
$9.00 |
N/A |
Yes (int. paid on collected balances) |
$1000.00 |
BANCLUB ACCOUNTS
BanClub members receive BanClub checks free of charge as well as accidental death and dismemberment insurance, plus free products and much more all for a low monthly fee.
- Minimum opening deposit - $100
- No minimum balance requirement
- Free BanClub personalized checks or 20% discount on designer checks
- Special trips
- Travelers Advantage
- Accidental Death Insurance
Basic Insurance: $10,000.00 coverage is $7.00 per month
Family Insurance: $30,000.00 coverage is $9.00 per month
- RX Advantage
- Liberty Marketplace Discount Program
- Everyday Rebate Rewards
- Handy Card
- Overdraft Privilege (certain restrictions apply)*
- Internet Banking
- No issue fee for Cashiers Checks
- I D Reclaim Basic
*Overdraft Privilege
For selected accounts, there will be a pre-approved Automated Overdraft Privilege limit of $500. Whether we pay or return overdraft items for you, you will be charged our normal NSF/Insufficient Funds Fee for each item presented (currently $28 for each item). Both the amount of the overdraft items and all applicable fees are included in this limit. The Overdraft Privilege is available for all checks you write, all ACH (electronic) items that are presented and it is also available through the ATM and debit card networks. Just continue to make regular deposits to your account - sufficient to bring your account to a positive balance (not overdrawn) at least once every 30 days. Also, you must not be more than thirty (30 days) past due on any bank obligation to qualify for Overdraft Privilege. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or you have too many overdrafts.
| Type of Account |
Minimum Opening Deposit |
Monthly Maintenance Fee |
| BanClub 50 Gold Account |
$100.00 |
$4.00 per month |
| BanClub Basic Checking |
$100.00 |
$7.00 per month |
| BanClub Family Checking |
$100.00 |
$9.00 per month |
ID RECLAIM
Identity theft can happen to anyone at anytime. The cause could be a lost purse or wallet – or you may never know how it began. A victim of identity theft may suffer from fraudulent credit card charges or withdrawals from accounts, erroneous debts or contracts, damage to Social Security earnings or medical files, or even a wrongful criminal record. As a Morgantown Bank & Trust customer, you may find relief in knowing that we offer a service to protect you from the tragedies of identity theft.
- ID Reclaim Basic provides identity recovery service for the primary and secondary account holder
- ID Reclaim Family provides identity recovery service for three generations of the account holder’s family
- ID Reclaim Plus provides identity recovery service for three generations of the account holder’s family plus optional credit monitoring for the primary account holder
*Low monthly fees may apply. Contact a Customer Services Representative at (270) 526-3881 for additional information.
MONEY MARKET ACCOUNT
Minimum Opening Deposit $2,500.00- $10.00 Monthly Maintenance Fee if minimum balance drops below $2,500.00
- $10.00 Fee Per Withdrawal After 6 Withdrawals Per Month
- Effective July 2, 2009, 6 transfers/withdrawals are allowed per statement cycle, all 6 may be payments to third parties
- $2,500 Balance Required to Waive Fee
- $2,500 Minimum Balance to Earn Interest
- FREE Online Banking
- FREE 24-Hour Telephone Banking
- Monthly Imaged Statements
Tiered Rate Information:
- If your daily balance is more than $2,500.00, but less than $10,000.00, the interest rate** is at the stated rate.
- If your daily balance is more than $10,000.00, but less than $25,000.01, the interest rate** will be an additional 25 basis points over stated rate.
- If your balance is over $25,000.00, the interest rate** will be 50 basis points over stated rate.
**Interest rate varies and may change daily. Call one of our friendly Customer Service Representatives at 270-526-3881 for our current rates. You are allowed 6 transfers/withdrawals per statement cycle of which all 6 may be payments to third parties. There is a $10.00 charge per withdrawal after 6 withdrawals. Interest does not accrue on account the days that the balance in the account is below the minimum balance of $2500.00 for personal accounts or $5000 for business accounts. Interest is paid on collected balances.
