State Bank of Clarks Grove
 

Deposit Accounts

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Checking Accounts

Free Checking

  • No monthly fees
  • Minimum deposit of $100.00 required to open account
  • Free monthly statement
  • No minimum balance required
  • Must purchase checks at your own cost and prices vary according to style selected

Regular Checking

  • Monthly fee of $2.00 charged each statement cycle
  • Per check fee of $.10 will be charged for the first 50 checks and $.20 for each additional check in excess of 50.  You will receive a credit of .10 per $100.00 on your monthly low balance.
  • Minimum deposit of $100.00 required to open account
  • Monthly statement including images of checks and deposits
  • No minimum balance required
  • Must purchase checks at your own cost and prices vary according to style selected

Senior Checking

  • Must be age 55 or older
  • No monthly fees
  • Minimum deposit of $100.00 required to open account
  • Free monthly statement including images of checks and deposits
  • No minimum balance required
  • Must purchase checks at your own cost and prices vary according to style selected

NOW Checking (Contact us for current rates)

  • We use the daily balance method to calculate interest on accounts and interest will be compounded every day. Interest will be credited to your account every month if all requirements are met
  • Minimum deposit of $800.00 required to open account
  • Minimum daily balance of $800.00 required to earn interest. A service charge fee of $10.00 will be imposed every statement cycle if the minimum daily balance requirement isn't met.
  • We may change your interest rate and annual percentage yield at any time at our discretion.
  • Interest will begin to accrue on the business day you deposit non-cash items (i.e. checks)
  • Monthly statement including images of checks and deposits
  • Additional processing fees may apply. See this website for details.
  • Must purchase checks at your own cost and prices vary according to style selected

SUPER NOW Checking (Contact us for current rates)

  • Same features and requirements as NOW checking, except a minimum deposit and daily balance of $1000.00 required to open account and earn daily interest
  • Must purchase checks at your own cost and prices vary according to style selected

Passbook Savings Accounts

Please contact a bank employee for more information & rates on a passbook savings account

Certificates of Deposit

Please contact a bank employee for more information & rates on CD's.




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