Value Checking Earn interest for a small monthly service fee, with no minimum balance. If you're over 60, and you like a good value. The benefits of Value Checking with no monthly service charge or per-check charges. Plus Combine your Value Checking benefits plus a Passbook Savings, Regular Statement Savings or a Money Market Account. A great value if you open or currently maintain a home equity line of credit, a home equity loan, an auto loan or a mortgage with Sovereign Bank.
Interest is paid on collected balances on variable interest earning accounts.
APY means Annual Percentage Yield. Check prices are variable depending on check style chosen. Account maintenance fees may reduce earnings. All interest-bearing checking accounts are variable rate accounts. Interest may vary from time to time as determined by Sovereign Bank.