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Types of Checking Accounts

In addition to Checking Accounts we also offer CDs, regular savings and other investment opportunities.

Free n' EZ Checking

Balance Requirement:
None

Comments:
No minimum balance. No per check charge. No interest earned.

Service Charge:
No monthly service charge.

Features:

  • Free Web Office internet banking with free bill pay
  • Free 24-hour telephone banking
  • Free Visa Debit or ATM card
  • Free imaged statements
  • Free statement organizer at account opening

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NOW "Value" Account

Balance Requirement:
$500 Daily Minimum Balance

Comments:
Service charge is waived if the daily minimum balance is maintained

Service Charge:
$6.00 per Month
No per Check Processing Fees

Features:

  • Competitive interest compounded and paid monthly
  • Unlimited no fee ATM usage (other banks' ATMs may impose a "surcharge")
  • Free 24-hour telephone banking
  • Free Visa Debit card or ATM card
  • Free combined monthly statement
  • Free Internet banking with on-line bill pay

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Super NOW "Blue Ribbon" Account

Balance Requirement:
$5,000 Daily Minimum Combined Balance

Comments:
Service charge is waived if the daily minimum balance is maintained in any combination of checking, regular savings and/or CD accounts

Service Charge:
$10.00 per month
No per Check Processing Fees

Features:

  • Market interest compounded and paid monthly
  • Unlimited no fee ATM usage (other banks' ATMs may impose a "surcharge"
  • Unlimited free non-Milford Bank ATM withdrawals (other banks may impose a surcharge)
  • Free 24-hour telephone banking
  • Free Visa Debit card or ATM card
  • Pre-approved $500 "Cash Reserve" line of credit automatic overdraft protection (subject only to credit bureau check)
  • Free Traveler's Checks
  • 1/4% bonus over posted rate on CD's
  • 1/4% reduction on posted installment loan rates
  • Free combined monthly statement
  • Free Internet banking with on-line bill pay

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Sound Money Market Fund

Balance Requirement:
$1,000 Daily Minimum Balance

Comments:

  • Service charge is waived if the daily minimum balance is maintained
  • Three checks may be cleared within a statement period

Service Charge:
$10.00 per Month

Features:

  • Interest is tiered based on monthly balance (Money Market rate is paid)
  • Free checks
  • Free monthly statement

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33 Broad St., Milford
259 Merwin Ave., Woodmont
205 Bridgeport Ave., Devon
1455 Boston Post Road, Milford
2366 Main Street, Stratford
142 Temple Street, Suite 306 New Haven, CT 06510 (Loan Production Office)
203-783-5700
CT toll free: 800-340-4TMB

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