Personal Banking
Stewardship Banking
Rewarding Customers Who Trust NJM Bank with Multiple Accounts and Loans
With the specially designed Stewardship Checking account at its core, Stewardship Banking is a package of banking opportunities that will link all of your loans and eligible deposit accounts at NJM Bank so you can take advantage of exclusive rates and discounts.
A high-yield, competitive rate of interest is paid on all balances in the Stewardship Checking account to maximize your earnings and enhance your benefits.
Services with this Account Include:
- Free Online Banking with viewable cancelled check images3
- Free Online Bill Pay service with no limit on transactions
- Free eStatement access
- Free MasterCard® ATM/Check card and rebates of up to $8 per monthly statement cycle for ATM surcharge fees charged by other banks
- Free Stewardship Banking standard wallet checks
- Free money orders
- Free single-signature American Express® Travelers Cheques
- Free stop payments
- Free transfers from a linked eligible savings account to cover overdrafts
- Free Telephone Banking
Special Stewardship Banking Rewards
- Interest rate discounts of 0.76% (subject to a floor rate of 4.75% APR) for a Home Equity Credit Line and 0.50% on a Home Equity Fixed Rate Loan when payments are auto-withdrawn from this account
- Periodic bonus rates on featured CDs (up to 0.25% added to the interest rate on featured CDs for money NOT currently on deposit with NJM Bank. CD interest rate bonus offer is limited to featured promotions and may be withdrawn at any time)
- Discounts on mortgage application fees (always at least equal to or better than our "special offers")
Four Easy Steps ...
to Stewardship Banking
- Sign up for a Stewardship Checking account
- Link your Stewardship Checking account to at least one other eligible account1 with NJM Bank in order to maintain a minimum combined daily balance of $20,0002
- Make sure that all of your NJM Bank accounts are titled the same way
- Arrange for Direct Deposit4 of at least $100 per month of your pay, pension or Social Security to your new Stewardship Checking Account
It's easier than you think! All residential mortgage, home equity and consumer loan balances can be counted towards the minimum balance requirements for Stewardship Banking. Other qualifying balances include savings accounts, money market accounts and Certificates of Deposit.
1 Individual Retirement Accounts are currently not eligible as qualifying "linked" accounts. The reportable Taxpayer Identification Number (Social Security Number) must be the same on all qualifying, linked accounts.
2 If the combined daily minimum balance in all "linked" accounts falls below $20,000 during the monthly statement period, a $20 maintenance fee will be deducted from the Stewardship Checking Account. All "linked" accounts are still subject to individual account minimum balance requirements and applicable service charges.
3 Images of paid checks are accessible through our free Online Banking service, therefore, copies of paid check images will not be provided in monthly statements.
4 Direct Deposit to the Stewardship Checking account of at least $100 per month is required in order to qualify to receive the benefits of Stewardship Banking.
Find out more or, if you're ready, apply now.
Quick Links
