A Low cost checking account for those living in the U.S.

Value Checking is a good choice for those who want a low opening balance and unlimited check writing without per check charges.

Account Overview

  • A low opening balance.
  • Unlimited check writing
  • No per check charges

Minimum Opening Balance1


Monthly Maintenance Fee1

$5 monthly maintenance fee. Waived if you maintain a $1,500 monthly average balance or a $5,000 prior-month end combined average balance in your qualifying East West Bank consumer deposit accounts.

ATM Access

  • No charge at East West Bank ATMs, Allpoint ATMs2 and MoneyPass ATMs2.
  • No East West Bank withdrawal fee for the first two non-proprietary ATM withdrawals per statement cycle (3rd party ATM usage fees may be charged to your account at the request of the provider operating the non-proprietary ATM).

Our Checking Accounts Include:

  • Mobile and Online Banking3
  • Online bill payment3
  • Direct deposit
  • Visa debit card
  • 24-hour automated telephone banking


For more details, view our Deposit Account Agreement and Fee Schedule.

1 The monthly maintenance fee will be waived and the minimum opening balance requirement will be reduced to $25 for New York state residents who open a Value Checking account using our Online Banking Services or at any East West Bank New York state branch office.

2 If the surcharge screen appears during your Allpoint or MoneyPass ATM transactions, press "Yes" to accept the surcharge and proceed with your withdrawal. You will not be assessed a surcharge fee. In the event that your transactions incurred a surcharge fee, it will be refunded on your monthly East West Bank statement at the end of your banking cycle.

3 Online Banking Service enrollment required. Message and data rates may apply. Check with your wireless service provider for details.