Compare Our Personal Accounts

Account Name Reality Checking Freedom Checking Freedom Plus Freedom 50 The Litchfield Bancorp Graduate Account
  Fully loaded checking: Interest bearing with the online access you need, interest you want and more. Straightforward Checking: a totally free account with no minimum balance required Plentiful Checking: Interest Bearing Checking account: checking with great value and easy ways to avoid a monthly fee Advantageous Checking: If you're 50 and over, take advantage of an Interest Bearing Checking Account with bonus rates on Certificates of Deposit: checking with great value and extras for individuals over the age of 50. Graduate Checking: a free checking account that gives you local and remote access to your money. Available to students age 16-26. Converts to Freedom Checking at age 26
Free I-Banking with Bill Pay Yes Yes Yes Yes Yes
No Fee ATM/MasterCard Debit Card Yes
No fee anywhere in the USA
Yes
At LBC & CMHC locations**
Yes
No fee anywhere in the USA
Yes
No fee anywhere in the USA
Yes
No LBC fee anywhere in USA and up to $50 in other bank’s ATM fees rebated per month
Mobile Banking App, Alerts, Mobile Check Deposit Yes Yes Yes Yes Yes
Overdraft Protections Available*** Yes Yes Yes Yes Yes
Minimum Balance Direct Deposit OR
$1,000 Checking OR
$5,000 combined OR
$10 per month
N/A Direct Deposit OR
$500 Checking OR
$5000 combined OR
$5 per month
N/A N/A
24-Hour Automated Telephone Banking 800-670-3456 Yes Yes Yes Yes Yes
Free Initial Supply of Checks & Check Imaging Yes Yes Yes - Yes
Free Basic Checks for Life - - - Yes -
Interest Bearing Yes - Yes Yes -
Minimum Daily Balance to Earn Annual Percentage Yield Interest $500.00 N/A $500.00 $100.00 N/A
Minimum To Open Account $25 $0 $25 $25 $25
Discounted Auto and Home Equity Rates when payment auto deducted from LBC Checking Yes - Yes Yes -
Bonus Rates on Custodial Savings Yes - - - -
Bonus CD Rates - - - Yes -

**CMHC is the Connecticut Mutual Holding Company which is comprised of Litchfield Bancorp, Northwest Community Bank and Collinsville Savings Society

***Overdraft Protections can include: Statement Savings Overdraft Protection, Overdraft Privilege or Overdraft Line of Credits

Other Products and Services available:

  • Direct deposit
  • eStatements and eBills
  • Combined statementing
  • Savings account options
  • Retirement account options
  • Consumer loans: personal or auto
  • Coverdell Education Savings options
  • Certificate of Deposit
  • Vacation or Holiday Club Accounts
  • Safe Deposit Box
  • Mortgages, Home Equity Loans & Lines of Credit