At Work PFS Checking |
| Features |
Description |
Minimum Opening Deposit |
$1,000 |
Requirements to Avoid Monthly Fee |
$25,000 minimum daily balance
OR
Combined daily deposit balances from all checking, savings, money market accounts, and CDs of $25,000
OR
Combined $25,000 minimum daily outstanding loan balances from all personal lines of credit, equity lines of credit, equity lines of credit and credit cards |
| Fees |
$20 monthly fee4 if requirements are not met;
$100 annual fee4,5 |
Statement Option |
Free Safekeeping, Iimages or Enclosures |
Pays Interest |
Yes, interest tiers are based on account balance |
Checks |
Free
(most styles, P.F.S custom) |
Regions CheckCard |
Free |
Regions Online Banking with Bill Pay |
Free |
| Installment Loan Discount1 |
.25% interest rate discount with auto debit PLUS other approved discounts. |
| Home Equity Line Promotion1,2 |
Discounted closing cost for line up to $250,000 |
| No Additional Charge for Travelers Checks and Cashier's Checks |
Free Cashier’s Check and free Travelers Checks |
Safe Deposit Box Discount3 |
50%, with additional 10% for auto debit |
| Other Benefits |
No Regions fee on 2 transactions per month on non-Regions ATMs |
To learn more or to get started today, contact your business relationship manager and visit your local Regions branch or give us a call at 1-800-REGIONS
Accounts subject to credit approval. All deposit accounts subject to the terms and conditions of Regions Deposit Agreement. Available only to employees or members of participating businesses or organizations. 1Subject to credit approval. 2Special fixed rate option subject to a $100 setup fee. Minimum $5,000 transaction required. For properties in Texas, Regions must receive a valid real estate lien under Article XVI Section 50(a)(6) of the Texas Constitution. 3Safe Deposit Box offers based on availability. 4For account opened in Iowa, this fee is subject to Iowa State Sales Tax of 5%, which will be assessed at the time the fee is charged, unless exempt. 5Annual fee waived with Morgan Keegan brokerage relationship or Regions Morgan Keegan Trust relationship of $25,000 or more, or with 12-month average balance of $100,000 or more in the PFS account. Investment services are provided by Morgan Keegan & Company, a subsidiary of Regions Financial Corporation and a member of the FINRA and SIPC. Trust services are provided by Regions Morgan Keegan Trust, a trade name of the trust division of Regions Bank. Securities and insurance products offered through Morgan Keegan and Regions Morgan Keegan Trust are not FDIC-insured, not a deposit, may go down in value, not bank guaranteed, and not insured by any Federal Government Agency.