Checking Accounts

At PacTrust Bank, you have a choice of personal checking accounts:

• Free Checking - Truly Free
• Value Checking- Interest-bearing and feature-rich
• Market Checking - For those who maintain high balances in their checking account.

And with all three you receive a Free MasterMoney Debit Card and HomeAccess Online Banking and Bill Payment service!

Click here for Business Checking Accounts.

Compare Checking Account Features 

Value Checking 

With all you have to keep track of, you don't need a high maintenance checking account. Your checking account should be easy to understand and offer you financial solutions. PacTrust’s Value Checking combines unlimited check-writing with interest-earning benefits AND unlimited FREE non-PacTrust ATM withdrawals.  If you are 60 or older, there no minimum balance requirement plus you get FREE checks!*

 Market Checking

Higher balances deserve higher yields.  That's why we offer a tiered-rate checking solution for your higher checking balances.  Unlimited check-writing and Unlimited FREE non-PacTrust ATM withdrawals, too!

Click Here for More Details or for Current Rates.

FREE Checking - TRULY FREE!

For those who want a truly FREE checking account – we offer FREE Checking, with no monthly service charges or per-check fees and no minimum balance requirements. FREE Checking is just what it sounds like - FREE. FREE Checking accounts are available to individuals for personal transactions, but not for business purpose accounts, corporations or other business entities.

* One box of standard logo checks per 12 months.

Overdraft Protection - You can request two types of overdraft protection for your checking account.

• The first type of overdraft protection is an automatic advance in the amount of the overdraft from your available credit in your Overdraft Line of Credit or your Home Equity Line of Credit, as frequently as needed up to the amount of your credit limit. There is no overdraft transfer fee for line of credit advances.

• The second type of protection will transfer funds in the exact amount of the overdraft, plus applicable fees, automatically from the available funds in another of your checking, regular savings or money market deposit accounts.*

With Overdraft Protection, you can write checks or request transactions that would normally exceed the available balance in your checking account, and avoid the cost and embarrassment of having your transaction denied or check returned.

Whether you are writing a check, withdrawing cash from an ATM or using your MasterMoney Debit Card to make purchases at retailers, you will be able to access the full amount of your checking account's available funds -- including all authorized Overdraft Protection authorized account available balances.

Now, all of your transactions, including PIN-based ATM and Debit Card transactions, will reference the total available balance for your checking account, including your authorized overdraft accounts. This total available balance may now appear on your transaction receipts.

Take full advantage of our Overdraft Protection Options:

• Have funds transferred automatically to your checking account as needed.

• We will only transfer the amount necessary to clear your transactions.

• Link one or more of your other Pacific Trust checking or savings accounts.**

• Link your Overdraft Line of Credit, or

• Link your Home Equity Line of Credit.

• And, you can specify the order in which each authorized overdraft account is accessed, but your overdraft line of credit account will be the last in line from which to fund your checking account transactions.

** Per Federal regulations, the number of overdraft transfers per month from each savings account is limited. You may not make more than six withdrawals or transfers to another bank account of yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction, including those initiated by check, draft, debit card, if applicable, or similar order to a third party. Overdraft transfer fees and excess activity fees may apply.

FDIC-Insured - Your deposits are now federally insured to at least $250,000 per depositor by the Federal Deposit Insurance Corporation (FDIC), and your retirement funds on deposit at Pacific Trust Bank are separately insured by the FDIC up to an additional $250,000.

FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “noninterest-bearing transaction account” (including Pacific Trust Bank's "Basic Checking") are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. 

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 does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and interest on Lawyers Trust Accounts (“IOLTAs”).

If your checking account is at another bank – compare their fees and service features to ours. We’re sure you’ll find that the best checking solutions are at PacTrust Bank!