How to apply for New York Community Bank
Enrollment in e-Statements allows you to enjoy no monthly fee with My Community Free Checking, which is among the Best Checking Accounts of 2023.
Opening an Account with New York Community Bank
Opening a checking account with New York Community Bank is a simple and convenient process that can be completed in minutes. The bank has made sure to streamline the account-opening experience for the convenience of its customers.
In addition to the four checking accounts mentioned, New York Community Bank also offers three other accounts designed to cater to specific financial needs.
SimplyOne Checking
Whether it’s your first checking account or you don’t qualify for a traditional checking account, the My Community SimplyOne Checking account is designed to accommodate everyone.
This account has been certified by Bank On for meeting the National Account Standards as a low-cost, low-fee account. With this checkless account, you can only spend what’s in your account and will never be charged overdraft or non-sufficient funds fees. The bank’s digital services make it easy and convenient to manage your finances.
Account Features
- Checkless Account
- No overdraft fees
- $1.00 minimum to open
- $5 monthly service fee
- Enrollment in Even >More Rewards Program
Simplify your banking
- Free NYCB Debit Card
- NYCB Online with bill pay
- NYCB Mobile with mobile deposit
- Send money with Zelle®
- Paper or eStatements
Information needed to open your account
To complete your account application, make sure you have the following information available:
- Social security number or tax identification number
- Valid U.S. address
- Form of identification
Military Checking
Account Features
- No overdraft fees for non-sufficient (NSF), uncollected (UCF), and unavailable funds
- Exclusive account for active and former military personnel
- $100.00 to open
- Free Overdraft Shield protection service
- Ability to earn an additional 0.10% interest on new, eligible certificate of deposit (CD) accounts
- Six free non-NYCB ATM transactions per statement cycle
- Free stop payments
- Free official checks and standard money orders
- Free incoming wire transfers
- Free standard checks — one box per year
- Free safe deposit box (where available)
Student Checking
Account Features
- No overdraft fees for non-sufficient (NSF), uncollected (UCF), and unavailable funds
- Exclusively for college students 18 and over
- $1.00 to open
- Unlimited check writing
- No monthly fee
- Overdraft shield available
- Enrollment in Even >More rewards program
How to Get Started?
You can open a checking account in just a few minutes by visiting the New York Community Bank website and clicking on the “Apply Online” option.
- Tell the bank about yourself. Provide a valid U.S. address, Social Security or tax ID number, and a form of ID.
- Verify your identity. The bank will conduct a quick security check to protect your information.
- Add money to your new account.
Alternatively, you can apply for an account at a local branch. New York Community Bank’s website offers a branch and ATM locator tool to help you find a nearby branch or ATM for added convenience.
Explore Citizens Bank for Checking Account Options
If you’re interested in exploring other checking account options, consider Citizens Bank. When it comes to fees, Independent Bank generally charges lower fees compared to the national average.
Citizens Bank offers five checking account options. Each account has its own unique features and benefits. Here is a summary of what they offer:
Pros
- Easily avoidable monthly fees for basic savings and checking accounts
- No overdraft fees if the overdrawn amount is less than $5
- Access to free financial planning services through Citizens Checkup
Cons
- Low rates on interest-bearing deposit accounts
- Branch locations in only 12 states
- Some accounts charge a $3 fee for out-of-network ATM use
