Go Checking - Your Traditional Checking Account Built on Convenient Access
The Go Checking Account at Ergo Bank is designed to provide you with a seamless and convenient banking experience. With a low minimum opening balance, easy access to a wide network of ITMs and ATMs, and a host of features tailored to meet your everyday banking needs, this account is perfect for managing your finances efficiently. This account even allows you to earn interest on your balance if you keep a daily balance of more than $1,000.01. Ready to open a Go Checking Account? Complete the Ergo Bank online application.
Features & Benefits
- $50 Minimum Opening Balance Required: Start your account with just $50.
- Convenient Access: Enjoy easy access to Ergo ITMs & ATM network.
- Unlimited Check Writing: Write as many checks as you need with no per check charges.
- Free Online Banking & Bill Pay: Manage your finances online with ease.
- Debit Card Service Available: Get a debit card for convenient transactions.
- Combined Statements: Receive convenient combined statements for easy tracking.
- Check Safekeeping: Keep your checks safe and secure.
- Interest Earnings: Earn interest on daily current balances of $1,000.01 and above.
Go Checking - Truth in Savings Disclosure
Updated: June 26, 2025
HOW WE DETERMINE THE INTEREST RATE:
The interest rate and annual percentage yield are shown below.
Your interest rate and the annual percentage yield may change.
At our discretion, we may change the interest rate on your account.
We may change the interest rate on your account at any time.
TIERED RATE ACCOUNTS - TIERING METHOD A:
If your daily balance is $1,000.00 or less, the interest rate paid on the entire balance in your account will be 0.000% with an annual percentage yield of 0.00%.
If your daily balance is $1,000.01 or more, the interest rate paid on the entire balance in your account will be 0.010% with an annual percentage yield of 0.01%.
HOW WE COMPOUND AND CREDIT YOUR INTEREST:
Interest will be compounded monthly.
Interest will be credited to your account monthly.
YOUR MINIMUM DEPOSIT, TIME AND BALANCE REQUIREMENTS:
To open this account, you must deposit at least $50.00.
You must maintain a minimum balance of $1,000.01 in the account each day to obtain the disclosed annual percentage yield.
HOW WE COMPUTE THE BALANCE TO DETERMINE YOUR INTEREST:
We use the daily balance method to calculate the interest on your account. The daily balance method applies a daily periodic rate to the principal in the account each day.
ACCRUAL OF INTEREST ON DEPOSITS OTHER THAN CASH:
Interest begins to accrue on the business day you deposit noncash items (for example, checks).
STATEMENT FREQUENCY:
The statement period is monthly.
Important Information