**ALERT for Users of Online Banking**

As of April 21st, you will notice a new security feature: the Extended Validation Certification which changes the online banking website URL address bar to green, giving you visual confirmation that you are logging into a valid and secure website. We will be phasing out the image and passphrase you see when you login from May 26-June 9. After June 9th, you will no longer see the image and passphrase when logging in.


Checking Accounts

All Wells Federal Bank Checking Accounts Feature:

  • $100 minimum required deposit to open the account
  • Statement Cycle date is the 9th of each month
  • ATM/Debit Cards for qualified customers
  • Golden Reserve Overdraft Protection
  • Deposits FDIC insured to at least $250,000


Free Checking

  • No interest earned
  • Pay for your own checks
  • No minimum balance


Value Image Checking

  • $100 minimum balance
  • Variable interest paid, determined by balance
  • $7.50 service charge for dropping below minimum balance. (One charge per statement) 
  • Image statement of checks, $2.00 per month
  • First box basic checks free (when ordered through the bank)


Value Plus Checking

  • $100 minimum balance if you do not have a Direct Deposit to the account
  • $7.50 service charge for dropping below minimum  balance.      (One charge per statement)
  • Variable interest paid determined by balance
  • First box basic checks free (when ordered through the bank)

    ***For those receiving direct deposit for Social Security, Pension, Retirement, Disability, and payroll
         the minimum balance and service charge will be waived.***


Wells Gold 55 Value Plus Checking

  • $100 minimum balance if you do not have a Direct Deposit to the account
  • $7.50 service charge for dropping below minimum  balance.      (One charge per statement)
  • Variable interest paid determined by balance
  • First box basic checks free (when ordered through the bank)
  • Free Money Orders
  • Free notary
  • Free 1st year size 3x5 safe deposit box  (as available)

    ***For those receiving direct deposit for Social Security, Pension, Retirement, Disability, and payroll
         the minimum balance and service charge will be waived.*** 


Elite Checking

  • No minimum balance
  • Free basic checks
  • Variable interest paid, determined by balance
  • No charge for Money Orders
  • $5.00 monthly service charge  ($3.00 for age 50+)


Money Market Account (MMDA)

  • First box basic checks free (when ordered through the bank)
  • Monthly statement cycle date is 17th
  • $500 minimum balance
  • Variable interest paid, determined by balance
  • $7.50 service charge for dropping below minimum
  • Choice of duplicate checks or image statement
    ($2.00 per month cancelled checks fee for image statement)


*If you use an Automated Teller Machine (ATM) that is not operated by Wells Federal Bank, you may be charged a fee by the operator or that machine and/or by an automated transfer network.

A 30-day notice will precede any changes in these charges.

Unless specifically addressed on this website, all other charges apply as listed in the current Schedule of Fees and Charges.

 
     

SIDE Stability

SIDE Checking Savings

SIDE Loans