Triad Bank

Accounts

Please be advised of the following notices: 

For access to a full description of the accounts offered at Triad Bank, please click on the appropriate link in the table below:
 
PersonalCommercial
Free Checking with Overdraft PrivilegeCommercial Checking
Personal CheckingCommercial Money Market
NOW CheckingRemote Capture
Money Market
Certificates of Deposit
Savings
Treasury Index
CDARs
FDIC


Free Checking with Overdraft Privilege:Setup:
  • Valid identification
  • Valid social security number
  • No negative check history
  • Minimum opening deposit of $50.00
Ongoing:
  • No minimum balance required to avoid service charge
  • No activity or transaction fees.  For additional fees that are possible on this account, see link to Standard Account Fees above
  • No interest earned or paid
  • No cancelled checks or images returned with customer statement
  • Requires use of duplicate checks.  First order of checks are free (check style may be limited)
  • Two (2) free check copies per statement cycle at no charge, then bank's customary copy fee(s) apply
  • $300.00 overdraft privilege limit after new account is open at least 30 days and has deposits of $300.00 or more
  • No monthly service charges.  Refer to customer service representative for service description
Back to topPersonal Checking:

Minimum to Open: $250.00

Minimum BalanceMonthly Maintenance Fees
$750.00 or aboveNo Fee
$749.99 - $500.00$3.00
$499.99 - $300.00$6.00
$299.99 and below$10.00
Debits over 25 per month$0.25
  • Debit charges are waived on accounts with an average daily balance of $750.00 or greater
  • Insufficient/overdraft fees may apply to overdrafts created by check, in-person, ATM or other electronic means as applicable
  • For additional fees that are possible on this account, see link to Standard Account Fees above
Back to topNOW Checking:

Minimum to Open: $500.00

Average Daily BalanceMonthly Maintenance Fees
$2,500.00 and aboveNo Charge
$2,499.99 and below$7.50
Each debit$0.20
  • Debit charges are waived on accounts with an average daily balance of $10,000.00 or greater
  • Insufficient/overdraft fees may apply to overdrafts created by check, in-person, ATM or other electronic means as applicable
  • Interest is based on an average daily balance according to the following tiers:
Average Daily BalanceInterest RateAPY
$500.00 to $2,499.99  
$2,500.00 to $24,499.99  
$25,000.00 to $99,999.99  
$100,000.00 and above  
Click here to see the Current Rate listing  
  • The interest rate on this account is a variable rate.  The interest rate and annual percentage yield for this account depend upon the applicable rate tier.  The interest rate and annual percentage yield for these tiers may change at Triad Bank’s discretion
  • Interest begins to accrue on the business day the deposit is made
  • Triad Bank uses an average daily balance method to calculate interest on this account.  This method applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.  The period used is the actual number of days in the month
  • Interest is compounded and paid monthly to this account on an average daily balance of $500.00 or more.  If the account is closed prior to the accrued interest being credited, the interest will be forfeited
  • Triad Bank reserves the right to require at least a seven (7) day notice of intent to withdraw funds
  • For additional fees that are possible on this account, see link to Standard Account Fees above
Back to topMoney Market:

Minimum to Open: $500.00

Average Daily BalanceMonthly Maintenance Fees
$2,500.00 and aboveNo Charge
$2,499.99 and below$7.50
Each foreign deposit item over 10 per cycle$0.08
Each debit over 10 per cycle$2.00
Click here to see the Current Rate listing 


Withdrawal & Transfer Limitations:

  • Withdrawals made in person, ATM, mail or messenger are unlimited
  • Transfers to another account or to third parties by pre-authorized (automatic), telephone or computer transfer are limited to six (6) per statement cycle
  • Excessive withdrawals may result in the account type being changed to comply with Federal regulations
  • No checks are permitted with this account
  • Interest is based on the average daily balance according to the following tiers:
Average Daily BalanceInterest RateAPY
$500.00 to $2,499.99  
$2,500.00 to $24,999.99  
$25,000.00 to $99,999.99  
$100,000.00 and above  
Click here to see the Current Rate listing  
  • The interest rate on this account is a variable rate.  The interest rate and annual percentage yield for this account depend upon the applicable rate tier.  The interest rate and annual percentage yield for these tiers may change at Triad Bank’s discretion
  • Interest begins to accrue on the business day the deposit is made
  • Triad Bank uses an average daily balance method to calculate interest on this account.  This method applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.  The period used is the actual number of days in the month
  • Interest is compounded and paid monthly to this account on an average daily balance of $500.00 or more.  If the account is closed prior to the accrued interest being credited, the interest will be forfeited
  • Triad Bank reserves the right to require at least a seven (7) day notice of intent to withdraw funds
  • For additional fees that are possible on this account, see link to Standard Account Fees above
Back to topCertificates of Deposit:

Minimum to Open: $1,000.00

Interest Information:

  • The quoted interest rate and annual percentage yield on this account assumes interest remains on deposit until maturity.  Any interest withdrawal will reduce earnings
Compounding & Crediting:
  • Interest is accrued on this account daily and will be paid as follows:
  • Certificates of deposit with three (3) months or less maturity will not compound and interest will be paid at maturity
  • Certificates of deposit with maturity greater than three (3) months will compound no more frequently than quarterly.  Upon request, interest will be paid monthly, quarterly or at maturity by check
Balance Computation Method:
  • Triad Bank uses the daily balance method to calculate the interest on this account.  The method applies a daily periodic rate to the principal of the account each day
  • Interest begins to accrue on the business day the deposit is made
Transaction Limitations:
  • Deposits may not be made to this account during the CD term (with the exception of credited interest)
  • Withdrawals from principal may not be made from this account without Triad Bank's consent, except on or after maturity
  • For accounts that automatically renew, there is a ten (10) day grace period after each renewal date.  During this time, deposits and withdrawals are permitted without penalty
Early Withdrawal Penalty:
  • If Triad Bank consents to a request for withdrawal that is otherwise not permitted, the customer may have to pay a penalty.  The penalty will be an amount equal to:
  • One (1) month’s interest penalty with maturities of less than 180 days
  • Three (3) months interest penalty with maturities 180 days to three (3) years
  • Twelve (12) months interest penalty with maturities three (3) years and greater
Renewal Policy:
  • Certificates of Deposit are all automatically renewed
  • Each renewal term will be the same as the preceding term, beginning on the maturity date
  • The customer must notify Triad Bank within the ten (10) day grace period of any changes to the certificate or if the customer chooses not to renew the certificate
  • The rate for each renewal term will be determined by Triad Bank on or just before the renewal date and will be paid until the next maturity date

Back to topSavings:

Minimum to Open: $100.00

Daily BalanceMonthly Maintenance Fees
$500.00 or aboveNo Charge
$499.99 and below$2.00*
 *This fee will be waived for senior citizens and minor children of our customers
 
 Withdrawal Fees
6 Withdrawals per quarterNo Charge
Over 6 withdrawals per quarter$2.00 each

Withdrawal & Transfer Limitations:

  • Withdrawals made in person, ATM, mail or messenger are unlimited
  • Transfers to another account or third parties by pre-authorized (automatic), telephone or computer transfer are limited to six (6) per month
  • Excessive withdrawals may result in the account type being changed to comply with Federal regulations
  • Interest is earned according to the following:
Average Daily BalanceInterest RateAPY
$100.00 and above  
Click here to see the Current Rate listing
  • Interest is compounded and paid quarterly.  The interest rate on this account is a variable rate.  The interest rate and annual percentage yield for this account may change at Triad Bank's discretion
  • Interest begins to accrue on the business day the deposit is made
  • Interest will only accrue on accounts with an average daily balance of $100.00 or more
  • If the account is closed prior to the accrued interest being paid, the customer will forfeit the accrued interest
  • Triad Bank uses an average daily balance method to calculate interest on this account.  This method applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing the figure by the number of days in the period.  The period used is the actual number of days in the quarter
  • Savings statements are mailed quarterly (or more frequently if you have electronic transfers)
  • Triad Bank reserves the right to require at least a seven (7) day notice of intent to withdraw funds
  • For additional fees that are possible on this account, see link to Standard Account Fees above
Back to topCommercial Checking:
 Minimum to Open: $1,000.00

Monthly Maintenance Fees 
Monthly maintenance$5.00
Each credit$0.20
Each debit$0.20
Each transient item$0.08
  • Commercial checking accounts receive a monthly earnings credit which is calculated on an average daily balance using a seven (7) day Treasury Bill rate
  • Insufficient/overdraft fees may apply to overdrafts created by check, in-person, ATM or other electronic means as applicable
  • For additional fees that are possible on this account, see link to Standard Account Fees above
  • Notice - transactions that are restricted under the Unlawful Internet Gambling Enforcement Act are prohibited and should not be processed through commercial accounts
Back to topCommercial Money Market:

Minimum to Open: $500.00

Average Daily Collected BalanceMonthly Maintenance Fees
$2,500.00 and aboveNo Charge
$2,499.00 and below$7.50
Each foreign deposit item over 10 per cycle$0.08
Each debit over 10 per cycle$2.00

Withdrawal & Transfer Limitations:

  • Withdrawals made in person, ATM, mail or messenger are unlimited
  • Transfers to another account or to third parties are limited to six (6) per statement cycle
  • Excessive withdrawals may result in the account type being changed to comply with Federal regulations
  • No checks are permitted with this account
  • Interest is based on the average daily collected balance according to the following tiers:
Average Daily Collected BalanceInterest RateAPY
$500.00 to $2,499.99  
$2,500.00 to $24,999.99  
$25,000.00 to $99,999.99  
$100,000.00 and above  
Click here to see the Current Rate listing
  • The interest rate on this account is a variable rate.  The interest rate and annual percentage yield for this account depend upon the applicable rate tier.  The interest rate and annual percentage yield for these tiers may change at Triad Bank’s discretion
  • Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (i.e., checks)
  • Triad Bank uses an average daily collected balance method to calculate interest on this account.  This method applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.  The period used is the actual number of days in the month
  • Interest is compounded and paid monthly to this account on an average daily collected balance of $500.00 or more.  If the account is closed prior to the accrued interest being credited, the interest will be forfeited
  • Triad Bank reserves the right to require at least a seven (7) day notice of intent to withdraw funds
  • For additional fees that are possible on this account, see link to Standard Account Fees above
  • Notice - transactions that are restricted under the Unlawful Internet Gambling Enforcement Act are prohibited and should not be processed through commercial accounts
Back to topTreasury Index:

Minimum to Open: $10,000.00

Minimum Daily BalanceMonthly Maintenance Fees
$10,000.00 and aboveNo Charge
Less than $10,000.00$15.00
Each debit over 6 per cycle$15.00

Withdrawal & Transfer Limitations:

  • Withdrawals made in person, ATM, mail or messenger are unlimited
  • Transfers to another account or to third parties by pre-authorized (automatic), telephone or computer transfer are limited to six (6) per statement cycle
  • Excessive withdrawals may result in the account type being changed to comply with Federal regulations
  • No checks are permitted with this account
  • Interest is based on the minimum daily ledger balance according to the following tiers:
Minimum Daily BalanceInterest RateAPY
$10,000.00 and above90 day T-Bill rate 
Less than $10,000.002.5% below current 90 day T-Bill rate 
Click here to see the Current Rate listing
  • The Interest rate on this account is a variable rate.  The interest rate and annual percentage yield for this account is based on the 90 day T-Bill rate.  The interest rate and annual percentage yield will be adjusted weekly
  • Interest begins to accrue on the business day the deposit is made
  • Triad Bank uses a daily ledger balance method to calculate interest on this account.  This method applies a periodic rate to the daily ledger balance in the account for the period
  • Interest is accrued on a daily ledger balance and paid monthly to this account at the end of the statement cycle.  If the account is closed before the accrued interest is credited, the accrued interest will be forfeited
  • Triad Bank reserves the right to require at least a seven (7) day notice of intent to withdraw funds
  • Due to the high interest rate earned on this account, no service charges will be waived
  • The 90 day T-Bill bid rate is as quoted in the Wall Street Journal.  The rate will change every Tuesday or on Wednesday if Monday is a holiday.  If no 90 day rate is quoted then the rate for the closest number of days below the 90 days will be used
  • For additional fees that are possible on this account, see link to Standard Account Fees above