Royal Palm Signature Account

  • $100 minimum deposit to open
  • No monthly service fee when you maintain the required balance (see below)**
  • Tiered interest rates. A minimum daily collected account balance of $1,000 is required to earn interest.
  • Free personalized checks in pre-selected style. $5 discount on designer checks.
  • Free Internet Banking with Bill Payment.
  • Free Shazam Chek Debit MasterCard with unlimited transactions.
  • Free automatic transfers for overdraft protection.
  • Preferred rates on selected certificates of deposit.
  • Waive the loan prep doc fee for home equity lines of credit
  • Free travelers cheques
  • Free Official checks (two per month)
  • No charge for bond coupons deposited
  • Free non Royal Palm Bank ATM transactions (see ATM banking)
  • Free standard size safe deposit box, or same dollar credit towards a larger box (subject to availability).
  • Unlimited check writing.
  • A second checking account with no monthly service charge.
  • Interest rate is subject to change without notice.
  • Fees could reduce the earnings on the account.
  • ** You can avoid the $15 monthly service fee by maintaining one of the following:
  • $5,000 average daily collected balance in the RP Signature Checking Account
  • $15,000 average daily combined balance in checking, savings or money market accounts or CDs.
  • $15,000 average daily balance outstanding loan balance in a secured home equity loan or unsecured personal line of credit.