Personal Banking
Regular Checking Account
$50.00 minimum deposit is required to open this account.
A fee of $5.00 will be assessed if the balance falls below $500.00 on any day of the cycle, with an additional fee of $.25 per debit after the initial ten free debits. Above fees are waived for full-time students and persons 60 and older.
NOW Account
$ 750.00 minimum balance
A fee of $5.00 will be assessed if the daily balance falls below $750.00 or a average
daily balance of $1,500 on any day of the cycle with an additional fee of $.25 per debit.
Money Market Account
$1,000.00 minimum balance
A fee of $5.00 will be assessed if the balance falls below $1,000.00 on any day of the cycle. After
six free initial debits, an additional fee of $5.00 will be charged per each debit.
Regular Savings Account
$100.00 minimum to open the account
($25.00 for minors)
A fee of $2.00 will be assessed if the balance falls below $100.00 on any day of the
month.
(Does not apply to minors)
An additional fee of $2.00 will be charged for each debit after the
first three per quarter. A fee of $15.00 will be assessed if the
account closes within 90 days.
Other Services
| NSF Checks | ||
| Paid Items | $25.00 |
|
| Returned Items | $25.00 |
|
| Stop Payments | $20.00 |
|
| Image Copy | $5.00 |
per copy |
| Snapshot Printout | $2.00 |
|
| Phone Transfers | $2.00 |
|
| Collection Items | $20.00 |
|
| Wire Transfers Domestic | $15.00 |
|
| Wire Transfers International | $55.00 |
|
| Official Checks < $500.00 | $3.00 |
each |
| Official Checks > $500.00 | $4.00 |
each |
| Money Orders < $500.00 | $3.00 |
each |
| Money Orders > $500.00 | $4.00 |
each |
| ATM/Debit Card Replacement | $15.00 |
|
| Replace/Reminder ATM Pin | $5.00 |
|
| Front/Back Image Statement | $7.50 |
per statement |
| Foreign ATM Transactions | $1.00 |
|
| Account Closed Early (90 days) | $15.00 |
|
| Account Research ($5.00 Minimum) | $20.00 |
per hour |
| Statement Reconciliation ($5.00 Minimum) | $15.00 |
per hour |
| Safe Deposit Box | ||
| 3 x 5 | $25.00 |
|
| 5 x 5 | $35.00 |
|
| 3 x 10 | $40.00 |
|
| 5 x 10 | $50.00 |
|
| 10 x 10 | $70.00 |
There is a $3.00 discount for account auto debit and BanClub members
BanClub
BanClub Basic Plan provides $10,000.00 Accidental Death Insurance. Along with free checks, Traveler’s Checks, Money Orders, and Official Checks, BanClub also provides membership in Payment Card Protection and the Hotel Savings Network all for a monthly fee of $7.50.
BanClub Family Plan provides $20,000.00 Accidental Death Insurance for member, $10,000 for member’s spouse and $1,500 for each dependant. Along with free checks, Traveler’s Checks, Money Orders and Official Checks. BanClub also provides membership in Payment Card Protection and the Hotel Savings Network all for a monthly fee of $9.50.
|
Farmers State Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-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. Also, NOW accounts held with Farmers State Bank are covered under Transaction account Guarantee Program which is a result of the accounts earning less than .50% interest rate. |