What is Square One?

Whether you’re starting your own personal banking journey or you have a varied and sophisticated financial strategy, it all starts at square one with a straightforward checking account.

And so, there’s the Square One- a minimalist transaction account that is fee-free and has all the basic features you need at square one…

-Visa Debit Card

-Mobile Banking


-Monthly Statements with e-mail notification

-Bill Pay

Money Jar

Money Jar is a cool feature that’s a part of Square One. It’s like throwing your loose change in a jar at home. Every time you use your Legacy Bank debit card for a purchase of $10 to $25, we’ll throw a dime in your Money Jar. For purchases of $25 or more, we give you a quarter in cash back. For purchases of $100 or more, we give you a dollar back.

Cash Back in Your Money Jar

Let’s say you use a card for 40 purchases of $25 or more: gas, groceries, eating out, ect. Add another 20 purchases between $10 and $25. That’s $12 in your Money Jar.




•All Square One accounts receive a monthly statement electronically.

•A monthly e-mail notification, text alert, or push notification will be sent to the e-mail address or mobile number provided by the customer.

•Statements will be available online through the customer’s eBanking account, or on the mobile app.

•The customer has the responsibility to inform us of changes in their e-mail address and mobile number.

Money Jar Cashback

•Cash back will be paid at the following amounts for point of sale transactions using your Legacy Bank VISA® Debit card.

•Transactions of $10.00 to $25.00 earn 10 cents cash back

•Transactions of $25.00 or more earn 25 cents cash back

•Transactions of $100.00 or more earn one dollar cash back

•Cash back will not be paid on ATM transactions or refunds.

•Rewards are paid and credited monthly. If you choose to close your account, any rewards accrued but not yet paid will be forfeited.

Minimum Balance

•There is no minimum balance required to open the account.

•Current customers may also switch from their current account to this account without a minimum balance requirement.

Other Services

•VISA® Debit card – no fee

•E-Banking – no fee

•Mobile banking – no fee

•Bill Pay – no fee

•Electronic statement and check images – no fee

•ATM transactions at Legacy Bank ATMs – no fee

•ATM transactions at 100s of other locations identified in the  Legacy Mobile App – no fee

•Deposit using Mobile banking on your smart phone – no fee (Your carrier might charge you fees for text and data.)

•For a more complete list of other account services please refer to our account fee disclosure statement and deposit agreement.