The best traditions are timeless. They’re even better if they’re free. Jarrettsville Federal offers totally free checking among its checking products. We mean it when we say, “free.” No minimum balance required. No monthly service charges. Free on‐line banking with bill pay.

If you’re interest is earning interest, we can help with that, too. Our checking with interest and money market checking are great ways to have access to your money while saving some at the same time. These products have a low monthly balance requirement that makes it easy to avoid service charges, and they offer free online banking with bill pay.

       Interest Rates Effective as of December 11, 2018.



    Interest Rate

    Minimum to Open

    Free Checking




    Checking w/Interest

    0.10 %




    Tiered Money Market


    Tiered Levels

    Interest Rate

     0.10% 0.10% 
     0.30% 0.30%
     0.40% 0.40%
     0.50% 0.50%
     0.60% 0.60%
     $250,000 and above
     0.75% 0.75%

    Free Checking

    • First check order free
    • No monthly service charges
    • No minimum balance requirement
    • Free online banking with bill pay

    Checking w/Interest 

    • $10 fee for balances below $250
    • Must maintain a $500 to earn interest

    Money Market

    • $10 fee for balances below $250
    • Money Market account is limited by Federal Reserve Bank Regulation D, during any statement period, you may not make more than six withdrawals from or transfers to another Jarrettsville Federal account of yours or to a third party by means of pre-authorized or automatic transfer or telephonic order. These transfers or withdrawals may be in any combination of preauthorized, automatic or telephone transfers, ACH transactions, POS debit transactions or checks written against the account.

    Additional Account Information 

    • Annual Percentage Yield (APY) is effective as of the date noted above, and subject to change without notice. APY assumes interest and principle remain on deposit until maturity. Interest computed from day of deposit to day of withdrawal, compounded daily and paid semi-annually unless stated as monthly. Contact branch for additional details.
    • Fees and charges may reduce the earnings on these accounts.
    • The minimum balance must be maintained to obtain Annual Percentage Yield (APY).
    • Jarrettsville Federal reserves the right to refuse any deposit or request for any account.
    • Accounts available for Maryland, and Pennsylvania residents only; all other are on a “case by case basis.” All applicants must physically come to our location to open any account.
    • In accordance with the USA Patriot Act, Jarrettsville Federal is required to obtain, verify and record information that identifies each person who opens an account.
    • FDIC insured up to $250,000 per depositor.

    For more information about our rates, contact us at 1-800-429-6616 or 410-692-5151.