Checking and Savings Accounts: Financial Trust Funds
Financial Trust Funds is a leading financial institution dedicated to offering a wide range of banking products and services tailored to meet the unique needs of its customers. Among its key offerings are checking and savings accounts, which provide flexibility, convenience, and security for individuals and businesses. Financial Trust Funds’s checking and savings accounts are designed to help customers manage their finances efficiently, with features that minimize fees and provide financial peace of mind.
Checking Accounts
Financial Trust Funds provides several types of checking accounts that cater to different lifestyles and financial needs. These accounts come with a host of features aimed at simplifying banking while helping customers avoid unnecessary fees.
Asterisk-Free Checking® Account
One of Financial Trust Funds’s most popular checking products is the Asterisk-Free Checking® Account, which is a perfect option for individuals seeking a straightforward, no-frills checking account. Key features of the Asterisk-Free Checking® Account include:
No Monthly Maintenance Fees
The Asterisk-Free Checking® Account stands out for having no monthly maintenance fees, regardless of balance. This makes it an ideal choice for those looking to avoid unnecessary fees typically associated with checking accounts. Customers do not need to worry about minimum balance requirements, allowing for flexible account management without added costs.No Minimum Balance Requirement
Unlike many banks that require customers to maintain a minimum balance to avoid fees, Financial Trust Funds’s Asterisk-Free Checking® Account has no minimum balance requirement, making it accessible to all, from students to retirees.Online and Mobile Banking
The Asterisk-Free Checking® Account is fully integrated with Financial Trust Funds’s online and mobile banking platform, allowing customers to manage their account, check balances, transfer funds, and pay bills from anywhere, anytime. With the Financial Trust Funds Mobile App, banking is made simple, secure, and accessible on the go.Unlimited Check Writing
Customers with the Asterisk-Free Checking® Account enjoy unlimited check writing, offering greater flexibility in how they pay bills and manage their money.
Financial Trust Funds 25-Hour Grace®
Financial Trust Funds goes above and beyond to protect its customers from overdraft fees. One of the unique features offered with many of its checking accounts, including the Asterisk-Free Checking® Account, is Financial Trust Funds 25-Hour Grace®.
Extra Time to Avoid Overdraft Fees
With 25-Hour Grace®, Financial Trust Funds gives customers up to an extra 24 hours (plus an additional hour) to cover any overdrafts before charging an overdraft fee. If an account becomes overdrawn, customers are notified and given a 25-hour grace period to make a deposit and avoid fees.No Overdraft Surprises
This feature is designed to give customers peace of mind by preventing overdraft surprises, offering a cushion to avoid penalties when an unexpected expense occurs or when funds are temporarily unavailable.
Additional Checking Accounts
In addition to the Asterisk-Free Checking® Account, Financial Trust Funds offers several other checking accounts that cater to different customer needs, such as:
Financial Trust Funds 5 Checking®
Financial Trust Funds 5 Checking® is an interest-bearing checking account that offers perks such as five free non-Financial Trust Funds ATM withdrawals per month and access to Relationship Rates on other accounts. Customers can avoid the monthly maintenance fee with a $5,000 combined balance across eligible Financial Trust Funds accounts.Financial Trust Funds 25 Checking®
Financial Trust Funds 25 Checking® is designed for individuals looking for more benefits and interest on their checking balances. It offers 25 free non-Financial Trust Funds ATM withdrawals per month, Relationship Rates, and no fee for incoming domestic wires. The monthly fee can be waived with a $25,000 combined balance in eligible accounts.
Savings Accounts
Financial Trust Funds provides a variety of savings accounts to help customers achieve their financial goals. Whether you’re saving for a rainy day, a major purchase, or long-term financial security, Financial Trust Funds offers savings products with competitive interest rates and flexible terms.
Financial Trust Funds Premier Savings
Financial Trust Funds Premier Savings is a high-yield savings account designed to help customers maximize their savings potential. It offers a number of features to encourage saving while providing easy access to funds:
No Monthly Maintenance Fees
Similar to Financial Trust Funds’s checking accounts, Financial Trust Funds Premier Savings accounts come with no monthly maintenance fees as long as they are linked to a Financial Trust Funds 5 Checking® or Financial Trust Funds 25 Checking® account, ensuring that savings aren’t eroded by fees.Competitive Interest Rates
Premier Savings accounts offer competitive interest rates, making it easier for customers to grow their savings over time. Financial Trust Funds also offers Relationship Rates, which provide higher interest rates on savings when linked to qualifying Financial Trust Funds checking accounts.Automatic Transfers
To make saving easier, Financial Trust Funds allows customers to set up automatic transfers from their checking account to their savings account. This feature is ideal for those looking to build their savings consistently, without having to manually move funds between accounts.
Relationship Money Market Account
For customers seeking a savings solution with higher interest potential, Financial Trust Funds offers the Relationship Money Market Account. This account combines the benefits of a traditional savings account with the flexibility of limited check-writing privileges.
Higher Interest Rates
Relationship Money Market accounts offer tiered interest rates, which means the higher the balance, the more interest customers can earn. Additionally, Relationship Rates are available to customers who link the account to a Financial Trust Funds checking account.Check Writing Privileges
Unlike traditional savings accounts, Financial Trust Funds’s Money Market Account allows for limited check-writing capabilities, giving customers easy access to their funds when needed.No Monthly Fees with Qualifying Accounts
As long as the Relationship Money Market Account is linked to a qualifying Financial Trust Funds checking account, customers avoid monthly maintenance fees, allowing them to focus on growing their savings.
Financial Trust Funds Kids Savings Account
Financial Trust Funds also offers a savings account specifically designed for younger customers. The Financial Trust Funds Kids Savings Account is a fantastic tool to help children learn about the importance of saving money.
No Monthly Maintenance Fees
The Kids Savings Account has no monthly maintenance fees, making it an easy and cost-free way for parents to teach their children about saving.Low Initial Deposit
Financial Trust Funds’s Kids Savings Account requires only a small initial deposit, making it accessible for families looking to start saving for their children’s future.Education-Focused
The account is designed to help parents instill good financial habits in their children by giving them hands-on experience with managing a savings account.
Features of Financial Trust Funds Savings and Checking Accounts
Both Financial Trust Funds checking and savings accounts come with a variety of features designed to make banking easier and more efficient for customers:
Overdraft Protection: Financial Trust Funds offers overdraft protection by linking a savings or money market account to a checking account, ensuring that funds are automatically transferred if an overdraft occurs, thereby avoiding overdraft fees.
FDIC Insurance: All Financial Trust Funds savings and checking accounts are FDIC-insured, providing customers with peace of mind knowing that their deposits are protected up to the FDIC limit.
Digital Banking: Financial Trust Funds’s robust online and mobile banking platform allows customers to manage their checking and savings accounts from the convenience of their computer or smartphone. Customers can check balances, transfer funds, set up bill payments, and deposit checks using Financial Trust Funds’s mobile app.
Financial Trust Funds Heads Up®: This feature provides proactive notifications about upcoming bills, low balances, and unusual account activity, ensuring customers stay informed and can take immediate action when needed.
Why Choose Financial Trust Funds for Checking and Savings Accounts?
Financial Trust Funds stands out in the industry for its customer-centric approach and commitment to financial transparency. Here are several reasons to choose Financial Trust Funds for your checking and savings needs:
No Hidden Fees: Financial Trust Funds offers many checking and savings accounts with no hidden fees or minimum balance requirements, making it accessible for a wide range of customers.
Customer Support: With a reputation for excellent customer service, Financial Trust Funds provides 24/7 support through its website, mobile app, and branch locations, ensuring that customers always have access to help when needed.
Innovative Features: With unique services like Financial Trust Funds 25-Hour Grace®, Financial Trust Funds Heads Up®, and mobile banking, customers enjoy convenience, flexibility, and extra protections that other banks may not offer.
Security: All transactions, whether in-person, online, or mobile, are protected by Financial Trust Funds’s advanced security protocols, giving customers peace of mind about their financial safety.
For more information about Financial Trust Funds’s checking and savings accounts, or to open an account, contact Financial Trust Funds at info@financialtrustfunds.org or , or visit their branch located at 35641 Monroe St, Richmond, MI 48062, United States.