Accounts That Give You Easy Access to Your Money
You deserve a bank that gives you choices. At Eagle Rock Bank, that’s exactly what you get. We offer several checking and money market accounts to give you control over how you manage your money. Whether you’re looking for a basic checking account with no fees, or a money market account that offers tiered interest rate based on your balance, you have choices here. Connect with the team at Eagle Rock Bank to learn how you can open an account.
Compare Checking & Money Market Accounts
Account | Choose this account if... | Opening Deposit | Fees | Benefits |
|---|---|---|---|---|
Basic Checking | You want a traditional checking account with no fees. | $25 | None | Free introductory checks Free online banking, bill pay and E-Statements Direct deposit available Free return of imaged checks Ready reserve overdraft protection available for qualified customers |
Eagle Rewards Checking | You want to earn rewards and a special interest rate for your account. | $25 | None | Free introductory checks Free online banking, bill pay and E-Statements Direct deposit available Free return of imaged checks Ready reserve overdraft protection available for qualified customers |
Money Market | You want an account that allows you to access your money, but earn more interest with a higher account balance. | $25 | $7.00 monthly service charge (waived if balance stays above $1,000 during every day of month.) | Tiered Interest Rate Check-writing privileges Free first box of check |
Debit Cards
Each Eagle Rock Bank checking account and money market account includes a MasterCard® debit card that allows you to make purchases in person or online with retailers around the world. You can also use your debit card to access your accounts at ATMs. If you believe your card has been lost or stolen, please call Shazam at 1-800-383-8000.
55+ Senior Benefits
- Free checks (limited to one box per order
- Official bank check fee waived (limit one per day)
- Discounted safe deposit box rental
ICS & CDARs
With ICS® and CDARS®, you can access multi-million-dollar FDIC protection by working directly with just our bank.
- Rest assured. Know that deposits well into the millions are eligible for FDIC insurance protection. Because deposit accounts are not subject to floating net asset values, market volatility will not negatively impact principal.
- Earn interest. Put cash balances to work in demand deposit accounts, money market deposit accounts, or CDs.
- Keep it simple. Avoid opening multiple accounts with multiple institutions to protect your funds. Forego the need to use repo sweeps, track collateral on an ongoing basis, and manually consolidate statements and disbursements from multiple banks.1
- Manage liquidity. Enjoy access to funds placed into demand deposit accounts and money market deposit accounts. With CD placements, select from multiple terms to meet your liquidity needs.
- Support your community. Feel good knowing that the full amount of funds placed through ICS and CDARS can stay local to support lending opportunities that build a stronger community.2
1 If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor’s funds through ICS or CDARS, or a particular ICS or CDARS transaction, satisfies those restrictions.
2 When deposited funds are exchanged on a dollar-for-dollar basis with other institutions that use ICS or CDARS, our bank can use the full amount of a deposit placed through ICS or CDARS for local lending, satisfying some depositors’ local investment goals or mandates. Alternatively, with a depositor's consent, our bank may choose to receive fee income instead of deposits from other participating institutions. Under these circumstances, deposited funds would not be available for local lending.
Deposit placement through CDARS or ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS or ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and the IntraFi hexagon and IntraFi logo are service marks, of IntraFi Network LLC.