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ACA Asset Checking Account
- ACA is a basic checkwriting package
- Requirement to open is $1000 in money market.
- The check package includes 150 checks.
- Automatic Deposits/Withdrawals to ACA accounts are now available.
- Margin access is also available on ACA accounts (after completion of a margin agreement for overdraft protection).
There is NO FREE IRA offered with this account.
AMA Asset Management Account
Minimum initial balance: $5,000 assets ($1,000 in money market account)
Features
- Annual Fee: $40
- Daily sweep of all cash balances to $0
- Automatic margin access
- Free unlimited check writing with no minimum check amounts
- Checks returned quarterly
- Customized VISA Gold Check Card
- ATM access - no transaction fee charged by S&S or BB&T ATM Machines
- VISA and check payee information on monthly statement
- Year-end summary statement reporting check and VISA transactions by expense code
- Automatic deposit and withdrawal services
- One free IRA account (set up under same social security number as AMA)
- ACA and AMA accounts are free to Clearview Correspondent Services Employees*
*this includes all check orders for ACA/AMA and with no annual fee (minimum $5000 opening balance is required for AMA, $1,000 for ACA).
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