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Prime Checking

Make your money work harder for you.

Open an account online and earn up to 0.75% APY*,
with no monthly maintenance or service fees.

Prime Savings & Prime CDs

Our rates stand up to the biggest banks.

Start putting your money to work and earn up to 1.75% APY1 on Prime Savings accounts and up to 2.20% APY on Prime CDs.

Business Banking

When it comes to helping your company grow, we mean business.

You get the Commercial Lending expertise of a big bank and the service of a small bank.

Banking Built For You.

Prime Checking

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Prime Savings

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Prime Certificates of Deposit

Learn More

Get Your Best Rate

From big banks to small bank competitors, Laurel Road is setting the standard for rates. Comparatively, our rates are on-par or better than many of the household names in banking. But we don’t need to brag, see for yourself.

Prime Checking

Checking based on balances of $5,000 and over

Open a Checking Account

*This rate includes an additional 0.25% APY for automatic monthly deposits. Rate will be 0.50% APY without a monthly direct deposit sign up. Listed competitor rates are valid as of July 27, 2018.

Prime Savings

Savings based on balances of $5,000 and over

Open a Savings Account

Mobile Banking

Banking that helps you on your road to success? Believe it.

 

Get Mobile.

Download our banking app for iOS and Android now.
Your wireless service provider’s charges may apply.

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Prime Checking

Checking That Rewards You

Our interest-bearing checking account puts your money to work. Earning you up to 0.35%* or 0.75%* APY, depending on your daily balance. We have competitive rates and low fees so you can live your life while you watch your money grow.1

Open an Account

Prime Checking Features

Maintenance Fees

No monthly maintenance fees

No Minimums

No minimum monthly account balance requirements

ATM reimbursement

Up to $10 ATM reimbursement (including foreign)

Included

Free online banking and ATM card

Prime Savings

Save Like You Mean It.

Take advantage of Laurel Road's Prime Savings account and earn 0.80% or 1.75% Annual Percentage Yield (APY), depending on your daily account balance.2

Open an Account

Prime Savings Features

Maintenance Fees

No monthly maintenance fees

No Minimums

No minimum monthly account balance requirements

ATM reimbursement

Up to $10 ATM reimbursement monthly (including foreign)

Included

Free online banking and ATM card

Item
Check Printing
Returned Deposit or Cashed Item
Insufficient Funds Fee - Each Check or ACH Debit Paid or Returned
Uncollected Funds Fee - Each Check or ACH Debit Paid or Returned
Collection Items and Drafts
Dormant/Inactivity Fees**
Check Stop Payment Fee
Canadian Checks deposited
Legal Attachments, Levies, Garnishments, etc.
ACH Stop Payment Fee
Domestic Wire Transfers - Outgoing
Foreign Wire Transfer - Outgoing
Incoming Wire Transfer
Fees
Dependent on check style selected
$15.00
$25.00
$25.00
$20.00*
$5.00/month
$15.00
$10.00
$50.00
$15.00
$15.00
$30.00
$15.00

*If fees are incurred from other banks, they will be added to this amount.
**Applies to account balances less than $100 with no customer initiated activity for a period greater than one year.

Item
Returned Deposit or Cashed Item
Insufficient Funds Fee - Each Check or ACH Debit Paid or Returned
Uncollected Funds Fee - Each Check or ACH Debit Paid or Returned
Collection Items and Drafts
Dormant/Inactivity Fees**
Excess Transaction Fee
Canadian Checks deposited
Legal Attachments, Levies, Garnishments, etc.
ACH Stop Payment Fee
Domestic Wire Transfers - Outgoing
Foreign Wire Transfer - Outgoing
Incoming Wire Transfer
Fees
$15.00
$25.00
$25.00
$20.00*
$5.00/month
$10.00***
$10.00
$50.00
$15.00
$15.00
$30.00
$15.00

*If fees are incurred from other banks, they will be added to this amount.
**Applies to account balances less than $100 with no customer initiated activity for a period greater than one year.
***Fee will be charged for more than six ATM transactions a month. If this happens on a regular basis, the bank has the authority to change the account from prime savings to prime checking without notifying the customer.

Prime Certificates of Deposit (CD)

It's Worth The Wait.

With our Certificate of Deposit products, your patience pays off. Our 13-, 17- and 27-month terms can earn you between 2.00% and 2.20% annual percentage yield on your deposit.

Visit a branch today to find out more and open an account, or click below.

Open an Account

CDs Features

Terms

Three attractive terms

Returns

Aggressive returns on your investment

Minimum

$500 minimum amount to open an account

Setup Fees

No setup or maintenance fees

In-branch Banking Services

Safe Deposit Boxes
Bank Checks
Notary Public & Signature Guarantee
Wire Transfers

To report a lost or stolen debit card

US

Please Call: +1(800)264-5578

To report a lost or stolen debit card

International

Please Call: +1(701)461-0621

Disclaimers

* This rate includes an additional 0.25% APY for automatic monthly deposits. Rate will be 0.50% APY without a monthly direct deposit sign up.

1Tiered-Rate Feature: Certain accounts may have "tiered-rates". This means that the interest rate and the resulting Annual Percentage Yield you earn will depend on the daily balance in your account. The interest rates and Annual Percentage Yields applicable to each tier are shown above. You will earn the interest rate and Annual Percentage Yield applicable to your daily balance.
Current Rates: For rates we are currently offering, call (800) 361-5363 on any business day.
Funding Requirement: Account to be funded within 30 days to remain open.
Interest rates are subject to change without notice.

2Balance Information: For Certificates of Deposit, interest begins to accrue on the business day you open the Certificate of Deposit. For all other accounts, interest begins to accrue on the business day you make a deposit. If you close an account before interest is credited, you will earn the accrued interest. We use the daily balance method to calculate interest on your account. The daily balance method applies a daily periodic rate to the principal in your account each day. The minimum average daily balance is computed by adding the deposited funds in the account for each day of the period, and dividing that figure by the number of days in the period.
Certificates of Deposit: The Annual Percentage Yield assumes interest will remain on deposit until maturity. Any withdrawal of interest prior to maturity will reduce earnings. After the account is opened, you may not make deposits into or withdrawals of deposited funds from the account until the maturity date. Except in the case of your death or a court's declaration of your incompetence, if you withdraw any deposited funds before the maturity date, the penalty described above will be charged to your account.
Renewal Policy for Certificates of Deposit: Your account will automatically renew at maturity to the current rate. You have a grace period of ten (10) calendar days after the maturity date to withdraw the funds without being charged a penalty. If you do not renew the account, interest will not be paid after maturity.
Current Rates: For rates we are currently offering, call (800) 361-5363 on any business day.

Terms and Conditions

Schedule of Account Features and Charges for Personal Online Checking and Savings Accounts

PRODUCTS OPENED ONLINE

AS OF JUNE 12, 2018

NOTE: All of our personal banking products feature: no Online Banking fees, no Online Bill Pay fees, and we will charge you no ATM usage fees (Other banks may charge you to use their ATM with our ATM card).

Prime Checking Accounts

  • Interest earning
  • ATM and Debit Cards available
  • Minimum Balance to open: $0.00
  • No Monthly Maintenance Service Charge
  • Your interest rate and Annual Percentage Yield may change. For current interest rates and Annual Percentage Yields, please see our current Interest Rate Schedule.
  • Frequency of Interest Rate Changes: we may change the interest rate on your Prime Checking account at any time.
  • Determination of Rate: we may change the interest rate on your Prime Checking account at our discretion.
  • Interest Computation Method: we use the daily balance method to calculate the interest on your account. This means we will apply a daily periodic rate to the principal in your account each day.
  • Compounding and Crediting Frequency: interest will be credited and compounded every month.
  • Effect of Closing Your Account: if you close your Prime Checking account before interest is credited, you will receive your accrued interest (on a pro rata basis from the first day of the earning period to the date the account is closed).

Prime Savings Accounts

  • Interest earning
  • Monthly Statement
  • ATM Cards available
  • Minimum Balance to Open: $0.00
  • No Monthly Maintenance Service Charge
  • Your interest rate and Annual Percentage Yield may change. For current interest rates and Annual Percentage Yields, please see our current Interest Rate Schedule
  • Frequency of Interest Rate Changes: we may change the interest rate on your Prime Savings Account at any time
  • Determination of Rate: we may change the interest rate on your Prime Savings Account at our discretion
  • Interest Computation Method: we use the daily balance method to calculate the interest on your account. This means we will apply a daily periodic rate to the principal in your account each day.
  • Compounding and Crediting Frequency: interest will be credited and compounded every month
  • Effect of Closing Your Account: if you close your Prime Savings account before interest is credited, you will receive your accrued interest (on a pro rata basis from the first day of the earning period to the date the account is closed).
  • You may make no more than six (6) transfers from your account per statement period, if by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, by computer, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by you and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Certificates of Deposit

  • Interest earning
  • No maintenance fees
  • Minimum deposit required to open: Please see our current Interest Rate Schedule.
  • After the account is opened, you may not make deposits into, or withdrawals of deposited funds from, the account until the maturity date.
  • Interest Computation Method: we use the daily balance method to calculate the interest on your account. This means we will apply a daily periodic rate to the principal in your account each day.
  • Compounding and Crediting Frequency: interest will be credited and compounded every month. Interest will be credited at maturity, unless withdrawn sooner.
  • We will impose a penalty if you withdraw any of the deposited funds before the maturity date.