Personal Products
CHECKING & MONEY MARKET SAVINGS CD’S & IRA’S SERVICES and SOLUTIONS

Personal Checking and Money Market

Empire State Bank offers a variety of account options for your checking needs.
You can choose from our Better than Free Checking, our VIP Interest Checking Plus for added benefits or our Money Market account for greater earnings.


Account Type Opening
Deposit
Monthly Service
Charge
#Checks Per
Month
ATM/Debit
Card
Interest
Bearing
Better Than Free Checking
more info
$25.00 None Unlimited Yes No
VIP Interest Checking Plus
more info
$100.00 None when minimum
balances are maintained
Unlimited Yes Yes, with
tiered rates
Money Market
more info
$2500.00 None when minimum
balance is maintained
6 checks
6 total third
Party debits
Yes Yes, with
tiered rates


Better Than Free Checking
  • No minimum balance required
  • No monthly maintenance fee
  • No Direct Deposit required
  • Unlimited check writing
  • Free first order of standard checks
  • Free 24 x 7 Online/Telephone Banking
  • Free ATM/Debit Card
  • No fee by ESB for using another bank’s ATM
  • Bonus rates on savings when linked

VIP Interest Checking Plus
Click here for rates
  • No fee if minimum daily balance of $1,000 is maintained or $3,000 in combined daily balances in eligible savings or money market accounts. Otherwise a $10.00 monthly fee.
  • Unlimited check writing
  • Free member checks (or $5.00 credit on any style)
  • Free issued Travelers Checks
  • Free Counter/Cashier Checks
  • Free 24 x 7 Online/Telephone Banking
  • Free ATM/Debit Card
  • No fee by ESB for using another bank’s ATM
  • Bonus rates on savings when linked
  • Premium rates or options on ESB selected CD’s
  • Discounted Safe Deposit Box Fee (where available)
  • Discounted real estate closing costs up to $300
  • Special tiered rates of interest
          $1,000 - $4,999.99
    $5,000 - $19,999.99
    $20,000 and above
  • Interest compounded daily and credited monthly

Money Market
Click here for rates
  • Minimum daily balance of $2500 to avoid monthly fee of  $15.00
  • Monthly Statements
  • Limit third party transactions or pre-authorized transfers (including overdraft transfers) or transfers made by personal computer or telephone to six per month, no more than six of which may be check, draft, or debit card. Over this limit there is a service fee. (see schedule of fees)
  • Unlimited number of withdrawals in person, by mail or by ATM are allowed
  • Free ATM/Debit Card
  • No fee by ESB for using another bank’s ATM
  • No minimum transaction amount
  • Rates are based on the following tiers:
          $0.01 - $2,499.99
    $2,500 - $24,999.99
    $25,000 - $49,999.99
    $50,000 - $99,999.99
    $100,000 and above
  • Interest is compounded daily and credited monthly



Personal Savings

At Empire State Bank, we offer a Statement Savings with competitive tiered rates. Our Savings Builder account pays bonus tiered rates when linked to any Empire State Bank’s checking account.

Account Type Opening
Deposit
Monthly Service
Charge
ATM
Card
Interest
Bearing
Statement Savings
more info
$100.00 None when $500 daily
balance is maintained
Yes Yes, with
tiered rates
Empire Savings Builder
more info
$100.00 None when $500 daily
balance is maintained
Yes Yes, with
tiered rates
Minor Statement Savings
more info
$10.00 None No Yes

Statement Savings
Click here for rates
  • Minimum daily balance of $500 required to avoid $5.00 monthly fee
  • You will receive a statement to track your activity
  • Free ATM Card available
  • No Fee by ESB for using another bank’s ATM
  • Rates are based on the following tiers:
          $0.01 - $2,499.99
    $2,500 - $24,999.99
    $25,000 - $49,999.99
    $50,000 - $99,999.99
    $100,000 and above
  • Interest is compounded daily and credit monthly


Empire’s Savings Builder
Click here for rates

  • Receive all the benefits of Statement Savings plus
  • Bonus tiered rates apply when linked to an active ESB Checking Account. If your ESB Checking is closed or becomes inactive, tiered rates for Statement Savings will apply.
  • Rates based on the following tiers:
          $0.01 - $2,499.99
    $2,500 - $24,999.99
    $25,000 - $49,999.99
    $50,000 - $99,999.99
    $100,000 and above
  • Interest is compounded daily and credited monthly


Minor Statement Saving
Click here for rates

  • No monthly fee
  • Only $10 to open
  • Rates based on the following tiers:
          $0.01 - $2,499.99
    $2,500 - $24,999.99
    $25,000 - $49,999.99
    $50,000 - $99,999.99
    $100,000 and above
  • Interest is compounded daily and credited monthly


CD's & IRA’s

Empire State Bank Certificate of Deposit and IRA accounts are a safe and secure way to earn a higher return on your investment. Highly competitive interest rates/annual percentage yields make Empire State Bank Certificate of Deposit and IRA accounts a wise investment.

CD’s
Click here for rates
  • Maturities for CD’s range from 3 months to 5 years
  • Minimum balance to open an account is $1,000
  • Interest is compounded daily and credited monthly
  • Interest can be credited to the account, transferred to a statement savings, checking account or mailed.
  • A penalty may be imposed for withdrawals before maturity
IRA’s
Click here for rates

Traditional Individual Retirement Accounts (IRA’s)

A traditional IRA is a deductible personal savings plan that can be used to build a substantial retirement fund with deferred taxes on both principal and accrued interest.
IRA contributions may drop your taxable income into a lower tax bracket, reducing your taxes even more. Only earned income is eligible for an IRA.

ROTH IRA

The Roth IRA is a nondeductible IRA that offers tax-free distributions. Tax-free earnings allow you to grow your savings at a faster pace than taxable investments. But, the best part about this investment product is that it offers tax-free distributions for qualified reasons. That means the money you withdraw doesn’t have to be included at tax time.
  • Maturities for IRA accounts are 3 months to 5 years
  • Minimum balance to open is $1,000
  • Compounded daily and credited monthly
  • Penalty may be imposed for withdrawals before maturity
  • No commission, fees or set-up charges
For more information about IRA products, contact one of our branches.


Designed by
Pratico Technologies
Empire State Bank. Member FDIC. Equal Opportunity Lender
Copyright © 2011 Empire State Bank. All Rights Reserved
Terms of Use - Privacy Statement - Site Map