Where to save your money in New Haven

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Bank	Location	Cheapest Checking Option	Cheapest Savings Option	ATM Use
Chase	234 Church St. (800) 242-7324	Lifeline: $1 to open. $3 monthly fee. No transaction fee. No required minimum balance. Transactions cost 30 cents. Free online checking with checking account.	Lifeline: $1 to open. Fees based on average monthly gross balance. Required balance of $250, or $2 maintenance fee. Six free debits per month. $7 for excess transactions.	Included in checking and savings plans. $1 per non-Chase transaction.
Citizen's Bank (Bank of New Haven)	209 Church St. (203) 468-5050	Flat-fee Checking: Free to open. $11 monthly fee. $25 initial deposit required. No required minimum balance. Unlimited checking.	Statement Savings: Must open with $25 deposit. Maintain monthly balance of $250, or $3 fee and no interest.	Included in checking and savings plans. No Citizen's Bank charge for any ATM use.
First Union	205 Church St. (203) 773-8002	College Express Checking: Free to open. No monthly fee. No required minimum balance. Unlimited checking. $8 teller fee charged only once a month.	Premium Savings: Minimum monthly balance of $200 or $2 fee. Can be linked to checking for overdraw protection.	Included in checking and savings options. $1.25 fee for non-First Union transactions.
Fleet Bank	88 Broadway 157 Church St. (800) 841-4000	Regular Checking: $8 monthly fee without $1500 monthly balance, transactions are 50 cents each.	Savings: $4 monthly fee without $500 minimum balance	Included with all checking and savings accounts. $1.50 fee for non-Fleet ATMs.
Northeast Alliance Federal Credit Union	13 Broadway (203) 562-0735	Basic Checking: $3 to open. No monthly fee. No required balance, but $50 minimum required to establish share in credit union. No per-check fee.	Statement Savings: $3 to open. Must maintain $250 minimum balance to earn interest, $50 to establish share in credit union. May be linked to checking.	Included with all checking and savings accounts. $1 fee for non-bank transactions.
People's Bank	265 Church St. (203) 785-9119	E-Plus Checking: No minimum balance. No monthly fee until graduation. Free checking. $2 teller fee, unless transaction cannot be performed at ATM.	Special Savings: $25 minimum opening deposit. No minimum balance. May be linked with checking for short-term CD's with minimum deposit of $500.	Included with checking and savings. $1.25 per non-bank transaction after first four. Master Money Card available.
Sovereign Bank	123 Church St. (877) 768-2265	Basic Checking: $2.50 monthly fee. 10 free debits per month, 75 cents per additional up to $8.50.	Basic Statement Savings: No opening fee. $250 minimum average balance or $1 maintenance fee. Fee waived if linked to checking. Optional overdraw protection.	Included in basic checking and savings plans. $1.25 per non-bank transaction.

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