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MVP Plus and Premier - our two new combined
service packages that provide free bank services and
other great benefits
Both MVP Plus and MVP Premier are combined services
packages that include a MVP Checking Account and a MVP
Savings Account. Each package offers free bank services,
plus additional benefits. MVP Plus requires a combined
average balance of $10,000 in checking and savings,
while MVP Premier requires a combined average balance
of $25,000 in checking and savings.
Recommended For A Customer Who:
MVP Plus and MVP Premier were designed to recognize distinguished customers and reward them with the privileges tailored to their needs and lifestyle.
Package Features:
MVP Plus
Maintain a combined average balance of $10,000 in MVP Checking and MVP Savings and get:
- No maintenance fees on checking and savings 1
- Free printing of State Bank of Long Island checks 2
- 3 Free Money Orders
- $25 credit towards safe deposit box 3
- 3 Free Official Bank Checks a year
- 3 Free Stop Payments a year
- Checkline - Overdraft Protection Line of Credit 7
- Free $25 American Express® Gift Cheque with Direct Deposit to MVP Checking
8
- Surcharge Free Debit MasterCard® 9
MVP Premier
Maintain a combined average balance of $25,000 in MVP Checking and MVP Savings and get all the benefits of the Plus Package and the following:
- 2 additional Free Stop Payments, Money Orders and
Official Bank Checks
- 5 Free outgoing Wire Transfers a year
- $35 total credit towards safe deposit box 3
- .50 bps discount on Consumer Installment Loans 4
- .25% over our current rates of CDs opened of $15,000
or more 5
- No application fee on residential mortgage applications
6
Click here for a side-by-side comparison chart.
Interest on MVP Savings
The interest rate and annual percentage yield on the MVP Savings account varies. The rate will be adjusted on the first day of each calendar quarter. Interest is compounded daily and is earned on collected balances from the day of deposit to the day withdrawal. Earnings will be posted to the account after the close of business on the last day of each quarter. Please refer to Disclosure Statement for more information.
| Balance Level |
| Equal/greater than $500,000 |
| Equal/greater than $100,000 but less than $500,000 |
| Equal/greater than $50,000 but less than $100,000 |
| Equal/greater than $15,000 but less than $50,000 |
| Equal/greater than $2,500 but less than $15,000 |
| Less than $2,500 |
FDIC insured
To request information on these or any of our consumer products,
click here. We also invite
you to visit one of our branches
and talk to a customer service representative.
Disclosure:
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