Compounding and crediting frequency – Interest will be compounded every month and credited to the account each month.
Daily balance computation method – We use the daily ledger balance to calculate the interest on your account. This applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the first business day after the banking day you deposit noncash items (checks).
$2,500 minimum to open
Effect of closing an account – If you close your account before interest is credited, you will not receive the accrued interest.
Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – At our discretion, we may change the interest rate on your account at any time.
Transaction limitations – Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six (6) per statement cycle with no more than three by check, draft, or similar order to third parties.
Minimum balance to avoid imposition of fees – A service charge fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.
An excess withdrawal fee of $5.00 will be charged for each transaction in excess of the above limitations.
Minimum balance to obtain the annual percentage yield disclosed – You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.
Agricultural Loans- We specialize in ag lending and can help you with any agricultural loan.
Commercial Loans- Expand your existing business or start up a new business!
Consumer Loans- Buy a new car or go on a vacation with the help of a personal consumer loan!
NOTICE: OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of depositorís accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit