Banking

Personal Banking

Invitation Checking

Deposit Accounts

Checking Accounts

Nobody does checking better than Ridgewood. Enjoy the convenience, flexibility and benefits for your everyday checking needs. Plus at Ridgewood, all checking accounts are insured up to FDIC limits.

Free Checking

With no minimum balance requirement and an opening balance as little as $25.00, this is an easy account for managing your money. And you  have three convenient ways to get free checking:

  1. Sign up for and use Direct Deposit
  2. Sign up for online banking
  3. Maintain a combined total balance relationship of $2,500.00 in your Ridgewood accounts

Plus with a Free Checking Account you'll realize these money-saving benefits:

  • No minimum balance requirement in checking account
  • No monthly service fees
  • Free Mobile Banking*
  • Free Online Banking and Bill Payment
  • Free Telephone Banking
  • Secured Custom Credit Line for qualified applicants
  • Free account alerts
  • With a Ridgewood Debit MasterCard®  you can earn Ridgewood Rewards and Cash Back on everyday purchases
     

Open Account

*No Ridgewood charges...data rates may apply.

 

Basic Checking

If you don't want direct deposit, online banking, or want to maintain higher balances, then our Basic Checking is ideal. With an opening balance as little as $25.00, and a low monthly fee of $3.00, you'll enjoy:

  • No minimum balance requirement
  • Free Telephone Banking
  • Secured Custom Credit Line for qualified applicants
  • With a Ridgewood Debit MasterCard® you can earn Ridgewood Rewards and Cash Back on everyday purchases
     

Open Account

*No Ridgewood charges...data rates may apply.

Checking with Interest

Open a Ridgewood Checking with Interest Account with as little as $100.00 and earn interest on your checking balances. If you maintain a monthly balance of $2,500.00 or more in your account, you'll earn an even higher interest rate. Maintain a combined total balance of $5,000.00 or more in Ridgewood deposit accounts and you will avoid the monthly maintenance charge. Plus, enjoy the many benefits of Better Checking.

  • No minimum balance requirement in Checking with Interest account
  • Minimum combined total balance of $5,000.00 to avoid monthly maintenance fees
  • Free Online Banking and Bill Payment
  • Free Mobile Banking*
  • Free Telephone Banking
  • Secured Custom Credit Line for qualified applicants
  • With a Ridgewood Debit MasterCard® you can earn Ridgewood Rewards and Cash Back on everyday purchases 
     

Open Account


*No Ridgewood charges...data rates may apply.

View our current rates.

Acorn Checking with Interest

Open our higher-yielding tiered interest checking account with as little as $100.00 and earn interest on your checking balances. The more you deposit, the more interest you earn. Maintain a combined total balance of $5,000.00 or more in Ridgewood deposit accounts and you will avoid the monthly maintenance charge. Plus, enjoy the many benefits of Better Checking.

  • No minimum balance requirement in Acorn Checking with Interest account
  • Minimum combined total balance of $5,000.00 to avoid monthly maintenance fees
  • Free Online Banking and Bill Payment
  • Free Mobile Banking*
  • Free Telephone Banking
  • Secured Custom Credit Line for qualified applicants
  • With a Ridgewood Debit MasterCard® you can earn Ridgewood Rewards and Cash Back on everyday purchases
     

Open Account

*No Ridgewood charges...data rates may apply.

View our current rates.

Student Advantage Account

If you're a busy student, or if you're looking for a checking account for your college bound child this account has you covered. It offers no monthly minimum balance and no monthly maintenance fee.

  • Free Checking with no monthly minimum balance*
  • Free Online Banking
  • Free Bill Pay
  • Free Mobile Banking**
  • Free eStatements
  • 8 Free non-Ridgewood ATM transactions***
  • One Free Oops Fee per year****
  • Parents can easily make deposits to your account
  • With a Ridgewood Debit MasterCard® you can earn Ridgewood Rewards and Cash Back on everyday purchases
     

Open Account


* $25 initial deposit to open a Student Advantage Account.

**No Ridgewood charges...data rates may apply.

***Certain fees may be imposed by operators of an ATM other than Ridgewood Savings Bank.

****The Oops Fee can be used to waive one NSF fee per calendar year

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.