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Savings Accounts

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

Who it’s for: We make saving easy! Children 13 and younger are eligible for this account.  Your child will learn the importance of saving at an early age.

Important things to know:

  • Minimum balance $10; if minimum daily balance in is not maintained, a fee applies 
  • Interest paid annually
  • eStatement available at no charge or mailed annually with no charge

 

Preferred Savings

Who it’s for: Savers of any age who want a designated account to save for a rainy day or something more specific.

Important things to know:

  • Minimum balance $100; if minimum daily balance is not maintained, a fee applies
  • Interest paid monthly
  • eStatement available at no charge or mailed monthly at no charge

 

Platinum Money Market

Important things to know:

  • Minimum balance $2,500, if average daily balance is not maintained, a fee applies
  • Interest paid monthly
  • eStatement available at no charge or mailed (with images) monthly at no charge

 

Stop by any of our three offices in Algona, Whittemore or West Bend today to open your savings account!

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