Where to save your money in New Haven

Note: The minimum balance for no-fee banking at Chase was erroneously listed as $1. It is actually $1,000. We apologize for any inconvenience this may have caused. The error is ours, not Chase's.

Bank	Location	Cheapest Checking	Cheapest Saving	ATM's
Citizen's Bank (Bank of New Haven)	209 Church St. 498-3500	Value Checking: Unlimited ATM, no minimum balance, no monthly or per-check fee if less than eight checks a month.	Passbook Savings: Earns interest on balances of $50 and over, no monthly fee with $200 quarterly balance.	Included in checking and some savings plans. $2 surcharge for non-Bank ATMs.
Chase	234 Church St. (800) 935-9935	Better Banking Checking: No fees with as little as $1,000 minimum balance. Interest on accounts with $2,000 minimum balance. Free online checking with checking account.	High Yield Savings: $7 fee without $1000 daily balance. Includes six monthly transfers and tiered interest. Can be linked with checking account to avoid fee.	Included in checking and savings plans. $1 per non- Chase transaction if minimum balance is not maintained.
Northeast Alliance Federal Credit Union	13 Broadway 562-0735	Basic Checking: No monthly fee, no minimum balance, no per-check charge. Must have a savings account.	Statement Savings: $50 minimum and one-time $3 membership fee.	Included in checking and savings options. $1 fee for non-bank transactions.
Peoplešs Bank	265 Church St. 785-9119	E-Plus Checking: Online and ATM account with $250 minimum balance. $3 fee for teller services.	Savings: $25 deposit to open. $2 per month service charge without $200 minimum balance. Interest paid.	Included with all checking and savings accounts. Four non-bank ATM transactions per month, $1 for additional transactions.
Fleet Bank*	88 Broadway 157 Church St. (800) 841-4000	Regular Checking: $8 monthly fee without $1500 minimum balanc, transactions $.50 each. See branch for details.	Savings: $4 monthly fee without $500 minimum balance.	Included with all checking and savings accounts. $1.50 fee for non-Fleet ATMs.
BankBoston*	123 Church St. (800) 226-7866	Basic Checking: $2.50 monthly fee, $.75 surcharge if over 10 checks per month, up to a maximum fee of $8.50.	Card Account Savings: No minimum balance to open. No transaction charges.	Included in basic checking and savings plans: $1.25 per non-bank transaction

*Fleet Bank and BankBoston will merge mid-summer under a new name. Check for new checking and savings plans this fall.

—Compiled by Robby O'Connor

Back to You are Here...

All materials © 1999 The Yale Herald, Inc., and its staff.
Got any questions, comments, or advice? Email the online editors at
online@yaleherald.com.
Like to join us?