Save Today, Benefit Tomorrow
Learning how to take care of your health is a skill that serves you well throughout your life. But what about your financial health, now and in the future? A large part of your financial wellbeing is saving money, as it is a skill that will also serve you in all parts of life.
Farmers State Bank helps make saving easy for anyone by offering different savings accounts with specific benefits.
Interest-Bearing Savings Options
Pre-Prep Savings | Preferred Savings | Platinum Money Market | Health Savings Account | |
|---|---|---|---|---|
Opening Deposit | $10 | $150 | $2,500 | $50 |
Required Minimum Balance | $10 | $100 | $2,500 | $0.00 |
Monthly Service Charge | A $5 Minimum Balance Fee will be imposed each year if the daily balance falls below $10.00 at any time during the calendar year | A $5 Minimum Balance Fee will be imposed each monthly statement cycle if the daily balance falls below $100.00 at any time during the monthly statement cycle | $8 Minimum Balance Fee will be imposed each monthly statement cycle if the average daily balance falls below $2,500.00 during the monthly statement cycle | $1 HSA Monthly Fee |
Interest Paid | Yes, annually | Yes, monthly | Yes, monthly - tiered | Yes, monthly |
Statements | eStatements available at no charge or paper statement mailed annually at no charge | eStatements available at no charge or paper statements mailed monthly at no charge | eStatements available at no charge or a $5 Statement Mailing Fee to have paper statements mailed with images | eStatements available at no charge or $5 Statement Mailing Fee to have paper statements mailed with images at month-end |
Features | Online Banking Telebanking Mobiliti (Mobile Banking) | Online Banking Bill Pay Telebanking Mobiliti (Mobile Banking) | Online Banking Bill Pay Telebanking Mobiliti (Mobile Banking) | Online Banking Bill Pay Telebanking Mobiliti (Mobile Banking) |
Special Features | No electronic transfers allowed to or from this account This account is for kids age 13 and under only | N/A | N/A | Unlimited check writing Unlimited POS transactions Individual or Family HSA Accounts available Debit card available at no charge Replacement/lost/stolen card fee $15 No ATM cash withdrawals allowed |
Stop by any of our three offices in Algona, Whittemore or West Bend today to open your savings account!