Elite Investment Checking FAQs

The Elite Investment Checking Account is a tiered-earning account which earns different levels of interest based on account balance.  Meanwhile, other checking accounts typically offer flat interest rates or no interest at all.

To check out Academy Bank's other checking accounts, visit our Compare Checking Accounts page. 
No. Most checking accounts do not earn interest. Only interest-earning accounts have interest, like the Elite Investment Checking Account from Academy Bank. 
That depends on how the account is maintained. If you maintain a daily balance of $5,000 per monthly statement cycle or a monthly average balance of $10,000 per monthly statement cycle, then there are no monthly service charges.  

However, if at least one of the above requirements is not met, there will be a monthly service charge of $20.
The minimum required opening balance for Elite Investment Checking Accounts is $100. 

The minimum monthly balance of $10,000 or a daily balance of $5,000 is required to avoid the monthly service fee.