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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 04, 1975
Page
6
The NCNB Triple Option offers no service charges with a $500 regular savings balance, automatic savings deposits of $25 monthly, or Cash Reserve. It targets customers unhappy with high costs of free checking and guarantees no charges regardless of balance or checks written.
The article notes the annual cost of maintaining a free checking account, totaling 1760 dollars. It contrasts this with typical expectations for no fee accounts and highlights possible hidden charges or requirements influencing the total.
NCNB invites customers to enroll in the Automatic Savings program with minimum monthly deposits of 25 dollars and maintain a 500 dollar regular savings balance. It also adds NCNB Cash Reserve to the regular checking account, offered in addition to existing checking plans.
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