Preferred Checking

Members choosing our Preferred Checking program receive the benefits of a First Northern interest bearing account on balances $250 and above.  

Account features include:

Requirements of the account:

  • Minimum Average Daily Balance of $250


Fees:  Overdraft fee - $5.00 per occurence (first one is free); Account inactive fee - $9.00; Fall below minimum balance fee - $7.00; NSF and Courtesy Pay Pay charge - $29.00 per occurrence.  Please refer to First Northern's Fee Schedule for other possible charges.
*Free checks are restricted to certain types of styles.  **One free overdraft protection from Savings per month.


Checking Accounts

Preferred Checking

0.05% APY

Advantage Checking

1.00% APY on average daily balances of $7,500 or less;

0.01% APY on portions over $7,500

APY=Annual Percentage Yield.

Rates subject to change. You must maintain the minimum average daily balance requirement of the account to obtain the disclosed APY. Yields for all checking accounts (above) are declared quarterly by the Board of Directors. Dividends are paid retroactively and based on earnings for the period.  Yields for other deposit products are declared and paid monthly. Fees may reduce earnings. For CDs, a penalty may be imposed for withdrawals before maturity.