Checking Products

Bogota Savings Bank offers a variety of Personal Checking Account options designed to meet our customers’ specific banking needs. Our Checking Account products range from simple and straightforward options with minimal opening deposit requirements to accounts that carry additional features and tiered interest rates.

High-Yield Checking

The newest addition to our Checking Account suite is High-Yield Checking. This account offers a 4.00% APY** provided the following conditions are met each statement cycle period.

  • A minimum opening balance of $1,000

  • Average daily minimum balance of $5,000

  • A minimum of $1,000 recurring direct deposit

  • Must be enrolled in Bogota Savings Bank Online Banking

  • Must be enrolled to receive e-Statements / no paper statements will be mailed

If these requirements are not met and maintained, the account will revert to a 1.00% interest rate and APY**(Please see our rate sheet for a listing of current effective rates). There is no limit to the number of checks you can write. Interest is compounded daily and credited monthly.

Prestige and E-Prestige Checking

This account offers a 3.00% APY** provided the following conditions are met each statement cycle period.

  • A minimum of $500 recurring direct deposit

  • Must be enrolled in Bogota Savings Bank Online Banking

  • The completion of 2 online bill payments made via our Online Banking (must be completed by 7:00 p.m. on the last day of the statement cycle period)

  • Must be enrolled to receive e-Statements / no paper statements will be mailed

In the event these requirements are not met, the account will be assessed a $25 service fee for the cycle (Please see our rate sheet for a listing of current effective rates). There is no limit to the number of checks you can write. Interest is compounded daily and credited monthly. This account offers a low minimum daily balance requirement of $500 to avoid a $25 monthly service fee. This account can be opened online or in one of our branches.

Checking That Earns More Interest

Bogota Savings Bank offers Checking Account options for our customers who want to earn more interest on their money. Our Money Market and Blue Ribbon Checking products offer a unique combination – containing components of both a Checking and Savings Account.

Competitive and tiered interest rates allow higher balances to grow faster. Please review our account terms and conditions carefully for transaction limitations and fees.

Totally-Free Checking

This is a non-interest-bearing account that requires a minimal opening deposit and carries no monthly service charges and no activity or transaction fees. Customers also enjoy no minimum balance requirements. Please review our account terms and conditions carefully for transaction limitations and fees.

Heritage Checking for Seniors

For our customers over the age of 62, we offer an interest-bearing Checking Account, which includes benefits such as free checks and no monthly service fees with a minimum balance requirement. Please review our account terms and conditions carefully for transaction limitations and fees.

New Jersey Consumer Checking Account

The New Jersey Consumer Checking Account Act was signed into law in 1991 to ensure the availability of low-cost, low-volume basic checking services for New Jersey citizens. New Jersey Consumer Checking Accounts (NJCC accounts) are offered at all state- and federally-chartered banks, savings banks, savings and loan associations, and credit unions. This account has a service charge of $3 per month.

The following is required:

  • Minimum opening deposit of $50

  • A minimum balance of $1

  • Up to 8 withdrawals by check per month without additional charge

  • For an excess of eight checks per month, you will be charged $0.50 for each check

Please review our account terms and conditions carefully for transaction limitations and fees.

Basic Checking

Basic Checking is your everyday bank account with a low $100 minimum opening deposit and a $300 minimum daily balance to waive the service charge. Please review our account terms and conditions carefully for transaction limitations and fees.

Open Your Checking Account Today

Visit your local branch or call (201) 862-8260.