Horizon 50 Checking Account

  • No minimum deposit is required to open the account if opened at a branch.
  • $25 minimum deposit required to open the account if opened online.
  • You must maintain a minimum collected balance of $1000 in the account each day to obtain the disclosed annual percentage yield.
  • No monthly minimum balance fees will be charged to your account. Other fees may apply to your account. A complete listing of the fees can be found in the Account Fee Schedule.
  • Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate for your account at any time. The current interest rate and annual percentage yield are listed on the Account Rate Sheet.
  • Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
  • Interest for your account will be compounded daily and credited to your account monthly on the statement date. If you close your account before interest is credited, you will receive the accrued interest up to the date you close the account.
  • We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected principal balance in the account at the end of the day.
  • Only consumers are eligible to open the account for personal, family, or household purposes.
  • Somerset Trust Company Debit Card.
  • Free use of Somerset Trust ATMs when you use your Somerset Trust Company Debit Card.
  • Basic checks at no cost.
  • Unlimited check writing.
  • No fee for stop payments or money orders.
  • No fee for a small Somerset Trust safe deposit box, where available.
  •  Access to STC online and mobile banking with mobile check deposits, alerts, Bill Pay, and more. 
  • eStatements - conveniently access your statements in STC online and mobile banking.
  • Ask us about Overdraft Protection options.

Click Here for the Optional Overdraft Protection Notice.

Click Here for Terms and Conditions info.

Click Here for more information on account fees.

Click Here for the Privacy Notice.