Experience Academic Banking the Smart Way.
Additionally, we aim to empower students with the knowledge they need to make the best decisions for their own banking needs. Our Blue Axis® Checking is the essential account for students.
With Blue Foundry Bank as your partner, we're dedicated to ensuring a seamless and effortless experience, enabling you to bank the smart way.
Additionally, we aim to empower students with the knowledge they need to make the best decisions for their own banking needs. Our Blue Axis® Checking is the essential account for students.
With Blue Foundry Bank as your partner, we're dedicated to ensuring a seamless and effortless experience, enabling you to bank the smart way.
FEATURED PRODUCTS & SERVICES:
- Dedicated Academic Banking Specialist
- Business Banking Solutions with Payroll Processing
- Fraud Protection with Positive Pay
- Sweep Accounts
- Free Wire Transfers
- Remote Deposit Capture
- Financial Literacy Program
- Onsite Student Banking Days
For more information, please call us at: 888.612.9858
BLUE CARBON EDGE® BUSINESS CHECKING
Our premier checking account, perfect for academic institutions with balances over $250,000, featuring an APY of 2.75%1 and unlimited incoming & outgoing wires.
No monthly maintenance fees2
Minimum opening deposit of $250,000
Unlimited incoming & outgoing wire transfers
Free Remote Deposit Capture service and single-feed scanner
Up to $200 credit towards Merchant Services equipment3
Free ACH Origination Services with Same Day ACH available
Up to $150 credit towards First Order of Checks3
Early Pay & Blue Balance Access No Fee Overdraft Assistance available
Avoid a $5 monthly statement fee by enrolling in eBanking and selecting eStatements
BUSINESS BANKING SOLUTIONS
Our Business Banking Solutions product, in partnership with FINSYNC, gives you access to a range of back-office tools, all in one convenient location.
Get paid faster and pay bills easier
Accept credit card payments your way
Process payroll with confidence and lower cost
Automate accounting and cash flow with ease
POSITIVE PAY
Reduce your risk of fraud with this service that electronically compares the checks issued each day with the information in your account. Discrepancies are flagged and reported to help prevent check altering and forgery.
SWEEP ACCOUNTS
Earn higher interest rates, improve liquidity and efficiently manage your finances with our Sweep Accounts solution. This service allows you to easily organize your funds within multiple deposit and/or loan accounts. The main account is first setup with a balance threshold, which could even be as low as zero. After your daily transactions are complete, funds left in your main account are automatically transferred to or from your sub-account(s) so that you can earn more interest on your operating cash.
FREE WIRE TRANSFERS
This secure and convenient service allows you to electronically send money to a person or company across the country or across the world. It’s a safer alternative to checks or money orders.
REMOTE DEPOSIT CAPTURE
Save time and improve cash flow by depositing your checks right from your office. It’s easy to do. Simply scan the checks into your account from a scanner that we’ll place at your location.
FINANCIAL LITERACY PROGRAM
Our financial literacy program offers a dynamic and engaging curriculum that empowers students to gain a comprehensive understanding of budgeting, savings goal planning, building credit and checking account management. The program is designed to equip students with the skills and knowledge they need to take charge of their finances, both during their academic journey and beyond, as they enter the workforce and pursue their future financial goals.
Checking Account for Students
BLUE AXIS® CHECKING
When an account features unlimited ATM fee rebates worldwide4, no fees and no minimum balance, you know it’s designed with great care for your financial wellness.
Unlimited ATM cash withdrawal fee rebates worldwide4
No monthly maintenance fees5
Minimum opening deposit of $1
Earn up to $120 annually with our quarterly promotions
Interest earned on all balances6
Blue Balance Access® No Fee Overdraft Assistance available
Early Pay available
Avoid a $2 monthly statement fee by enrolling in eBanking and selecting eStatements
1 APY (Annual Percentage Yield) of 2.75% is based on an interest rate of 2.71%, with a minimum balance of $250,000. Rate is effective as of 3/03/23 and is subject to change after account opening. Fees may reduce the earnings on the account.
2 Avoid a $5 monthly statement fee by enrolling in eBanking and selecting eStatements
3 If you purchase a Merchant Services device, Blue Foundry Bank will credit your account up to $200. You will receive a credit up to $150 for your first order of checks. Your checking account must remain open until the credit(s) are posted, which is within 180 days after account opening date.
4 Unlimited ATM fee rebates apply to cash withdrawals using your Debit MasterCard® at all participating Accel and Cirrus ATMs worldwide. ATM fee rebates do not apply to any fees other than those assessed for using an ATM to withdraw cash from your Blue Foundry Bank® Blue Axis Connect® account. Blue Foundry Bank makes its best effort to identify those ATM fees eligible for rebate, based on information it receives from MasterCard® and ATM operators. Blue Foundry Bank reserves the right to modify or discontinue the ATM fee rebate at any time.
5 Avoid a $2 monthly statement fee by enrolling in eBanking and selecting eStatements
6 Rate is subject to change after account opening. Fees may reduce the earnings on the account.
Accounts opened online require eBanking enrollment.