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Apple Edge Bank at Work Program

A Free Banking Benefits Program for Your Employees 

Apple Edge benefits can help you retain your most valuable business asset -- your employees. Select businesses are eligible to offer our Apple Edge Bank at Work Program to employees. Our program offers the safety and convenience of knowing that your payroll has been automatically transferred and deposited into employees' accounts, when they sign up for direct deposit of their paycheck. Our direct deposit service eliminates such time-consuming and costly issues as lost and replacement checks, stop payments, etc.

As an Apple Edge customer, you will receive:

  • An enhancement to your existing benefits package at no additional cost
  • Help in enrolling employees in direct deposit, saving time and money
  • Onsite visits for your employees to open accounts, establish direct deposit and answer questions
  • Participation at any benefits fairs you plan

As an Apple Edge customer, your employees will receive:

  • Free Apple Edge NOW Checking® account with no minimum balance or monthly maintenance fee
  • $50.00 bonus when an employee sets up direct deposit of his/her paycheck* into an Apple Edge NOW Checking® account
  • Free Apple Bank Visa® Debit Card, with no fees for use at Apple Bank ATMs
  • Four free ATM withdrawals at non-Apple Bank ATMs during each checking statement period**
  • Free Online Banking and Mobile Banking***
  • Free initial order of personalized checks
  • Preferred rates of .25% over posted rates on select savings, money market and Certificate of Deposit accounts
  • Free one-year rental on select size Safe Deposit Box (subject to availability)
  • No fee on purchase of regular American Express Traveler's Cheques
  • Savings up to $550 towards closing costs on residential mortgages, co-op loans and refinances
  • Low rates on home equity loans
  • Instant approval on SureCredit® consumer loan products
  • Free consultation on tax deferred investing/insurance solutions through ABS Associates of New York, Inc., a wholly-owned subsidiary of Apple Bank for Savings.+

Apple Edge NOW Checking account is required to qualify for  this program. Loan products subject to credit approval. *Your new account will be credited with $50 after Bank verification that your established account did receive direct deposit within 60 days of account opening. The $50 gift will be reported to you as interest on IRS Form 1099 for the calendar year in which the gift is received. This information will be filed with the IRS. This offer may be withdrawn without prior notice. **ATM machine operator may impose a surcharge fee. ***Data fees from your mobile carrier may apply.

+Insurance products are sold through ABS Associates of New York, Inc., a wholly-owned subsidiary of Apple Bank. 1395 Northern Boulevard, Manhasset, NY 11030.

+Securities and insurance products are not FDIC insured, not guaranteed by the Bank, not a Deposit, not insured by any Federal Government Agency, may be subject to investment risk including loss of value and loss of principal. Securities are offered through Essex National Securities, Inc. (ENSI), member FINRA/SIPC. ENSI is not affiliated with Apple Bank for Savings.

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Apple Edge Member Benefits by Product or Service

Free Interest Bearing Checking Account

Apple Edge NOW Checking®

Features and benefits include: 

  • No monthly maintenance fee
  • No per-check fees
  • No charge for using Apple Bank ATMs
  • Free initial order of personalized checks
  • Access to INTERLINK® and PLUS® networks of ATMs, providing you access to your Apple Bank account worldwide
  • No minimum opening deposit
  • Variable interest rate– compounded daily, credited monthly
  • FDIC insured

Apple Edge Investment Products

Statement and Passbook Savings Accounts

An Apple Bank Statement Savings account gives you the convenience of a comprehensive monthly statement and easy access to your money 24/7 at ATMs worldwide. We also offer a Passbook Savings account. Features and benefits include:

  • Both Passbook and Statement Savings accounts feature an annual percentage yield (APY) that is higher than our conventional savings account
  • Low minimum opening deposit
  • FDIC insured
  • No monthly maintenance charge if daily balance requirement is met
  • Variable interest rate is compounded daily and credited quarterly
  • No charge for using Apple Bank ATMs to access your Statement Savings account
  • Transaction limitations apply (see applicable Account Disclosures).

Certificate of Deposit Accounts

If you are looking for a way to earn attractive rates on your investment dollars without sacrificing peace of mind, choose an Apple Bank Certificate of Deposit account. Apple Bank CDs will fit almost anyone’s investment objectives. Features and benefits include:

  • Variety of terms available
  • Low minimum balance requirement to open an account
  • Higher, preferred annual percentage yield on select CD terms
  • No account maintenance fee
  • CDs are available as Passbook accounts as well as Statement accounts when linked to any of your Apple Checking, Money Market, or Statement Savings accounts.

Money Market Account

If you are looking for a savings vehicle with competitive rates, full liquidity and easy access, then an Apple Bank Money Market account is for you. Features and benefits include:

  • Limited checkwriting privileges
  • A preferred annual percentage yield that is higher than our standard money market annual percentage yield
  • No monthly maintenance charge if minimum balance requirement is maintained
  • No charge for using Apple Bank ATMs to access your account
  • Low minimum opening deposit
  • Transaction limitations apply (see applicable Account Disclosures).

Apple Edge Loan Products

SureCredit® Personal Loans

Apple’s SureCredit® products provide you with an instant, low-cost way to borrow* for personal needs of any kind. Features and benefits include:

  • No financial information or credit bureau reports required
  • Competitive rates and convenient repayment terms
  • No application or annual fees
  • Use your funds on deposit at Apple Bank as collateral for your loan or line of credit**
  • Borrow for your personal needs while still maintaining flexibility as to how you invest your funds
  • Select any of our Certificate of Deposit accounts or Savings accounts as your investment account, and you continue to earn interest on the funds secured
  • SureCredit® will remain available for any use even if you change the renewal terms of your CD at maturity.

With SureCredit, there are three innovative ways to put your money to work at a low interest rate, while building a credit history for yourself:

  • SureLoan®: A flexible term, fixed rate installment loan
  • SureLine®: A fixed rate, overdraft line of credit
  • SureAccess®: A variable rate, revolving line of credit

*Certain restrictions apply to loan amounts. Please speak with an Apple banker for more information. **The following Apple Bank accounts are not eligible as collateral credit: IRAs, QRPs, SEP retirement accounts, money market accounts and funds held in certain fiduciary capacities.

Mortgage and Co-op Loans

Purchasing or refinancing a home is one of the most important financial decisions you'll ever make. At Apple Bank, you'll find a broad array of  mortgage products, competitive rates, flexible terms and unparalleled customer service -- whether you are a first-time homebuyer or a homeowner seeking to refinance, trade up or purchase a second home. We offer:

  • Conventional fixed & adjustable rate mortgages and co-op loans
  • Jumbo mortgages
  • Special rebates and discounts on closing costs

Apple Bank Equity Extra CreditLine

Our home equity credit line lets you access money when you need it, simply by writing a check. Use the equity in your home to borrow for home improvements, buy a new car, pay for college, consolidate your debts or take a dream vacation.

  • With your credit line, pay only for the money you use
  • Your credit line is automatically replenished as payments are made during the draw period
  • Transfer high interest balances from existing home equity loans and credit cards to an Equity Extra CreditLine and save
  • Interest may be tax deductible. Consult your tax advisor.

Apple Edge Special Services

Safe Deposit Boxes

We offer Apple Edge members a select-size safe deposit box free of charge for one year when they sign up for the Apple Edge program. Boxes are subject to availability at the branch of your choice.

American Express® Traveler's Cheques

As a member of the Apple Edge Program, you can purchase an unlimited number of standard American Express Traveler's Cheques for yourself at any Apple Bank branch and never pay a fee.

Online Banking and Mobile Banking

Bank at your convenience, 24/7.  Features and benefits include:

  • View account information, check balances and verify daily activity
  • With MoneyHQsm, transfer funds between Apple Bank accounts and to and from your accounts at most other financial institutions*
  • View account information from other financial institutions
  • View paid check images and up to last 24 months of statements online
  • Save time by paying bills online**
  • Bank on the go with Mobile Banking.  To get started, simply login from the web browser on your mobile device with your existing User ID and Password.

*Certain fees apply. Transaction limitations may apply. **Refer to the Online Banking Services Agreement for more information regarding Bill Pay costs and service fees.

Direct Deposit

The Apple Edge Bank at Work Program is designed to save you time and money. With Direct Deposit of your paycheck, you will have immediate access to your money. When you sign up for your Apple Edge benefits, we will help you easily transfer or set up your direct deposit.

Insurance Products

ABS Associates of New York, Inc., a wholly-owned subsidiary of Apple Bank, can provide you with the protection you need and the peace of mind you deserve through a variety of term and whole-life insurance products and fixed annuities.*

*Insurance products are sold through ABS Associates of New York, Inc., a wholly-owned subsidiary of Apple Bank. 1395 Northern Boulevard, Manhasset, NY 11030. Securities and insurance products are not FDIC insured, not guaranteed by the Bank, not a Deposit, not insured by any Federal Government Agency, may be subject to investment risk including loss of value and loss of principal. Securities are offered through Essex National Securities, Inc. (ENSI), member FINRA/SIPC. ENSI is not affiliated with Apple Bank for Savings.

Apple Bank Credit Cards (Visa® and/or American Express®)*

Apple Bank, through First Bankcard, a division of First National Bank of Omaha (FNBO), offers you the flexibility of Visa® and/or American Express® credit cards. Features and benefits include worldwide acceptance wherever Visa and American Express cards are welcome, competitive introductory rates and a choice of rewards programs.  To apply, visit any of our branch locations.

 *Cards are issued by First Bankcard, a division of First National Bank of Omaha.

For more information about any Apple Edge product, call one of Apple Bank’s customer service representatives or visit one of our local branches.

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