Checking Accounts
Citizens State Bank of Lankin is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31,2010 all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. NOW accounts paying over .50 basis points are not included in the Transaction Account Guarantee Program.
It's all about choices! At Citizens State Bank, you'll find the account and
services you need to make managing your money easier than ever.
Find The Account That's Right For You
Consumer Checking (Non Interest Checking)
Minimum balance to open: The minimum balance required to open this account is $100.00.
Deposit Limitations: You may make an unlimited number of deposits into your account.
Per check item fees: None.
Check Blanks: Customer pays for check blanks.
Consumer NOW Checking (Interest Checking)
Minimum balance to open: The minimum balance required to open this account is $900.00.
Minimum balance to avoid a fee: If your balance falls below $900.00 on any day in the month, your account will be subject to a $10.00 Service Fee for that month.
Deposit Limitations: You may make an unlimited number of deposits into your account.
Per check item fees: None.
Check Blanks: Customer pays for check blanks.
Rate Information: At our discretion, we may change the interest rate for this account. Please contact one of our bank offices for the current interest rates.
Compounding frequency: Interest will be compounded monthly.
Crediting frequency: Interest will be credited into this account monthly.
Effect of closing an account: If you close your account before interest is paid, you will not receive the accrued interest.
Daily balance computation method: Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on non cash deposits: Interest will begin to accrue on the business day you deposit non cash items (for example, checks) into your account.
Business Checking (Non Interest Checking)
*available to sole proprietorships, partnerships, corporations, associations, and non profit organizations.
*merchant credit card processing available.
Minimum balance to open: The minimum balance required to open this account is $100.00.
Deposit limitations: You may make an unlimited number of deposits into your account.
Per check item fees: None.
Check Blanks: Customer pays for check blanks.
Business NOW Checking (Interest Checking)
*available to sole proprietorships and non profit organizations.
*merchant credit card processing available.
Minimum balance to open: The minimum balance required to open this account is $900.00.
Minimum balance to avoid a fee: If your balance falls below $900.00 on any day in the month, your account will be subject to a $10.00 Service Fee for that month. No minimum balance or service fee for non profit organizations.
Deposit limitations: You may make an unlimited number of deposits into your account.
Per check item fees: None.
Check Blanks: Customer pays for check blanks.
Rate information: At our discretion, we may change the interest rate for this account. Please contact one of our bank offices for the current interest rates.
Compounding frequency: Interest will be compounded monthly.
Crediting frequency: Interest will be credited into this account monthly.
Effect of closing an account: If you close your account before interest is paid, you will not receive the accrued interest.
Daily balance computation method: Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on non cash deposits: Interest will begin to accrue on the business day you deposit non cash items (for example, checks) into your account.
Citizens Plus Club
- To qualify, a customer must be at least 50 years of age.
- To qualify, a customer must have a deposit or loan relationship with the bank greater than $5,000.00.
- Rewards of the program
*No fee for travelers' cheques
*No fee for photocopies (limit 10)
*No fee for cashiers checks or bank money orders
*No charge for specialty checks
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