Bonus Checking

Description:
Free Checking with a high interest rate and nationwide ATM fee refunds**
Minimum Balance to Open the Account:
$500
Monthly Maintenance Fee:
None
Minimum Balance Requirement:
None
Transaction Fees and Limitations:
None
Interest Compounding and Crediting Frequency:
  • Interest accrues daily on end-of-day ledger balance, compounds monthly, and credits monthly.
Daily Balance Computation Method:
Minimum Requirements to receive the above benefits:
  • Engage in at least ten (10) purchase transactions with your debit card (excludes ATM transactions)
  • Receive at least one direct deposit or one automated clearing house (ACH) debit 
  • Maintain a valid email address
  • Enroll in eStatement delivery at www.hanmi.com
Additional Benefits:
  • No monthly fees
  • No minimum balance required
  • Unlimited check writing
Effect of Closing an Account:
  • If account is closed within 90 days of opening, $50.00 will be charged
  • Any authorized signer(s) may close your account at any time, with or without cause. We are not required to provide notice of such closure to the other authorized signers on the account. We may automatically close your account if the account balance is zero.

Savings Overdraft Protection:
Special benefits:
  • Earn 0.20% APY (Annual Percentage Yield) on balances up to $24,999.99*
  • Enjoy up to 10 ATM fee refunds, nationwide**
Other:

*0.20% Annual Percentage Yield (APY) paid on balances between one penny and $24,999.99. 0.20% APY paid on portion of balances from $25,000 each cycle if the minimum requirements are met. If you do not meet the minimum requirements during a given cycle, you will earn the Standard Rate of 0.05% APY. Rates as of October 10, 2012. We may change the interest rate and APY at any time after the account is opened. No minimum balance required, but you must deposit a minimum of $500 to open the account. Available for Personal Checking Accounts only. No monthly maintenance fee. If you do not meet the requirements per cycle, your account will still function as a free checking account earning the Standard Rate. However, it will not receive ATM refunds for that period.

**Automatic ATM Fee Refunds Nationwide include all transaction fees charged when using another bank’s ATM. ATM fee refunded up to $4.99 per item and up to 10 transactions per Statement Cycle. If ATM fees exceed $4.99, refund will not be given.


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