Determine which checking account best fits your needs...

Checking Account Comparison (click on account name for more info and to apply now)
 
Convenient Checking
Student Advantage Checking1
Horizon 502
Interest Checking
 Minimum Balance to Open Account
$25
$25
$0
 $500
 Balance to Avoid Monthly Service Fee
No Minimum Balance requirement after account is opened
No Minimum Balance requirement after account is opened
No Minimum Balance requirement, but a collected balance of $1000 must be maintained in the account each day to receive disclosed APY*.
$1,500 minimum daily balance OR $2,500 average daily balance OR $3,000 average daily balance in a related STC Statement Savings account.
 Monthly Service Fee
$0
$0
$0
$5
 Earns Interest?
No
No
Yes
Yes
 Debit Card & ATM Access
Free at Somerset Trust ATMs
Free at Somerset Trust ATMs
Free at Somerset Trust ATMs
Free at Somerset Trust ATMs
 STC Anywhere Access
Yes
Yes
Yes
Yes
 Unlimited Check Writing
Yes
Yes
Yes
Yes
 Online BillPay
Yes, $5.00 inactivity fee if no bill payment is made during any 2 month period based on the anniversary date of your enrollment. A $5.00 fee will access monthly thereafter until a bill payment is made.
Yes, $5.00 inactivity fee if no bill payment is made during any 2 month period based on the anniversary date of your enrollment. A $5.00 fee will access monthly thereafter until a bill payment is made.
Yes, $5.00 inactivity fee if no bill payment is made during any 2 month period based on the anniversary date of your enrollment. A $5.00 fee will access monthly thereafter until a bill payment is made.
Yes, $5.00 inactivity fee if no bill payment is made during any 2 month period based on the anniversary date of your enrollment. A $5.00 fee will access monthly thereafter until a bill payment is made.
 Overdraft Protection
Yes, from Overdraft Savings Account or line of credit. Optional Overdraft Service available to eligible accounts ($700 limit).
Yes, from Overdraft Savings Account or line of credit. Optional Overdraft Service available to eligible accounts ($700 limit).
Yes, from Overdraft Savings Account or line of credit. Optional Overdraft Service available to eligible accounts ($1,000 limit).
Yes, from Overdraft Savings Account or line of credit. Optional Overdraft Service available to eligible accounts ($1,000 limit).
 eStatements
Go paperless and receive basic checks at no cost.
Go paperless and receive basic checks at no cost.
Go paperless and receive basic checks at no cost.
Go paperless and receive basic checks at no cost.
 No Fee Money Orders
N/A
Yes
Yes
N/A
 Stop Payment Fee
$25 per item
$25 per item
No Fee
$25 per item
 Loan Discounts**
0.5% discount if loan payment is automatically deducted from an STC Account.
0.5% discount if loan payment is automatically deducted from an STC Account.
0.5% discount if loan payment is automatically deducted from an STC Account.
0.5% discount if loan payment is automatically deducted from an STC Account.
1Convenient checking account for individuals in school.
2Special benefits and services designed exclusively for those age 50 and over.
*APY = Annual Percentage Yield
**Discount does not apply to CD/Savings secured loans or adjustable rate, Fannie Mae, PHFA or USDA mortgages.