According to bankrate.com’s checking account survey, 2013 marked the 15th consecutive year of rising overdraft charges assessed to consumers at national financial institutions.
We are happy to announce that we have elected not to increase any fees for the fourth year in a row. In fact, over the last several years we have actually lowered some fees. In addition, we continue to offer no-strings-attached free checking accounts to people and businesses in the area.
“MVSB employees live, work and volunteer in the communities the Bank serves and are acutely aware of the pressures rising household costs place on local families,” said Sam Laverack, President & CEO. “Despite increased regulation and technology-related expenses impacting all banks, we recognize our role in lightening the economic burden for our community members and are committed to providing the highest quality products and customer service without passing costs off onto our customers.”
We encourage consumers to take a step back and evaluate their checking account and overall banking needs and look at what other options are available. Meredith Village Savings Bank offers five different checking account options – each with a different blend of features and options to best meet the individual needs of their customers.