DEKALB – Castle Bank has introduced a free checking account with automatic overdraft forgiveness and no hidden fees.
Market President Timothy A. Struthers said the account is an expression of the bank’s operating philosophy that stresses “integrity in every interaction, respect for our customers and passion for all that we do.
“This isn’t a special promotion, one-time offer or ‘act now’ opportunity,” Struthers said. “It embodies how we’ve always done business but with a renewed enthusiasm for doing what’s right for the customer.”
Based on feedback from customers about their concerns over fees and requirements, he said the bank dedicated itself to create an account that is simple, transparent and free.
“We believe the response to Castle Checking will be immediate and strong and we’ll recoup what we’ve given up in fees by acquiring a significant number of new accounts and broadening our customer relationships with additional financial products and services,” Struthers said.
Castle Bank introduced the new account in December and, to date, nearly 2,000 customers have converted or opened a new Castle Checking account, he said.
Features of the new account include free checking account with no hidden fees; one automatic overdraft forgiveness every 12 months; free ATM withdrawals at all Castle Bank and non-Castle Bank ATMs (other bank and ATM operators’ surcharges may apply); free bank logo checks; free debit card with no monthly service fees; free online banking, BillPay and account alerts; .25 percent rate discount on auto, home equity and personal loans; $200 mortgage closing cost credit; free online or paper statements; $25 safe deposit box discount; free debit card fraud monitoring; free cashier’s checks and American Express Traveler’s Cheques; free incoming wire payments; and free Stop Payments.
Castle Bank McHenry County locations include Harvard, Huntley, Lake in the Hills and Marengo.
For more information, visit www.castlebank.com.