The biggest difference in checking accounts is in the institution that offers it.

Our Ascend Checking Account gives you or your business the flexibility to make more transactions, while enabling you to earn a higher interest rate. With a minimum initial deposit of $5,000 of new deposits, this account features 30 free debit transactions per month, a Mastercard® Debit Card, online and mobile banking, e-Statements, and qualifies for Excess Share Insurance and relationship enhancements.

*This account is subject to a fee of $10 each month, if the account balance falls below $5,000. Rates may change after the account has been opened. New deposits must be funds from another institution, not
funds already at Alabama ONE. Debit transactions are (checks, debit card transactions, ACH withdrawals, transfers). Fees could reduce earnings on the account. Excessive Transaction Fee of $0.15 for each debit transaction after 30. Account(s) with balances at and above $5,000 qualify for relationship enhancement. Relationship enhancement does not automatically apply to accounts where balance exceeds threshold balance $500,000 or greater. If balance goes over $499,999.99, the member receives whichever dividend rate is greater between 3.04% APY or 1.00% APY plus enhancements. Qualified products may include, but are not limited to Digital Experience (requires Checking, e-Statements, and registered Online Banking
Access), Consumer Credit Card, Consumer Secured Loan, Consumer Mortgage Loan/HELOC Loan, Commercial/Agriculture Loan, Commercial Credit Card, Ascend Fund, Wealth Relationship. Account(s) are reviewed monthly for eligibility. For each of the listed enhancements; your account will receive an additional 0.40% dividend rate up to a maximum additional of 3.20% dividend rate. APY is accurate as of 09/12/2023.

Need to jumpstart or rebuild a good credit history? Jumpstart Checking has all the benefits you want — an instant-issue debit card, online account management and an easy mobile app. And after 12 months of good account management, you’ll be eligible to upgrade to traditional free checking.

*Ages 19 or older. Member may request upgrade to traditional checking account with no monthly fee after 12 consecutive months of no NSFs. Non-negotiable debit card limit of $250 per day on ATM withdrawals and/or other purchases. Account not eligible for overdraft protection and no dividends accrue. Direct deposit required. Terms subject to change without notice.