PERSONAL CHECKING ACCOUNTS
BASIC CHECKING NO-INTEREST
Minimum balance required to
avoid maintenance fee: $500.00
Maintenance fee if under
minimum balance: $4.00 per month
Per item fee: $.10 per item if
below $500.00
Free to students and seniors: yes
LIBERTY CHECKING - NO INTEREST
No Minimum deposit
No minimum balance required
No maintenance fee
No per-item fee No interest
Checks are safekept
Checks returned with statement: no
CELEBRITY 55 CLUB ACCOUNT**
Minimum balance required
to earn interest: $750.00
Minimum balance required to
avoid maintenance fee: $1500.00 in deposit
accounts
Maintenance fee if under
minimum balance: $5.00 per month
No per item fee
Free to students and seniors: no
Interest rate: variable tiered rate subject
to change at any time
Other account benefits: membership card, trips, discounts, free Debit
card, free gray Bank checks, $5.00 off each order for other checks,
$3.00 per year discount off the rental cost of any size safe deposit box rented at our bank
EXECUTIVE CHECKING ACCOUNT
Minimum balance required
to earn interest: $750.00
Minimum balance required to
avoid maintenance fee: $750.00
Maintenance fee if under
minimum balance: $5.00 per month
Per item fee: $.20 per item if
below $750.00
Free to students and seniors: yes
Interest rate: variable tiered rate subject
to change at any time
EXECUTIVE CHECKING GOLD CLUB**
Minimum balance required
to earn interest: $750.00
Maintenance fee $8.00 per month
regardless of balance
No per item fee
Free to students and seniors: no
Interest rate: variable tiered rate subject
to change at any time
Other account benefits: free gray Bank checks,
$5.00 off each order for other checks
BUSINESS CHECKING ACCOUNTS:
BUSINESS CHECKING (LIBERTY)
No Minimum deposit
No minimum balance required
No maintenance fee
No per-item fee No interest
Checks are safekept
Duplicate checks required
Other account benefits: endorsement stamp & first order of deposits free
BUSINESS CHECKING (ANALYSIS)
Minimum balance required
to earn interest: $750.00
Maintenance fee $7.00 per month
regardless of balance
Per item fee: $.15 per check written
plus .08 per out of town
check deposited
Free to students and seniors: no
Interest rate: variable tiered rate subject
to change at any time
No interest if corporation
or partnership or assoc.
Other account benefits: special analysis credits and
charges. endorsement
stamp and first order of
deposits free
BUSINESS CHECKING (REGULAR)
Minimum balance required
to earn interest: $750.00
Minimum balance required to
avoid maintenance fee: $500.00
Maintenance fee if under
minimum balance: $5.00 per month
Per item fee: $.20 per check
regardless of balance
Free to students and seniors: no
Interest rate: variable tiered rate subject
to change at any time
No interest if corporation
or partnership or assoc.
Other account benefits: first 10 checks each month
are free
**Executive Gold and Celebrity 55 have no fees for the following: stop payments, cashiers checks, or money orders.
ALL CHECKING ACCOUNTS:
Free direct deposit
Free Credit Card Cash Advance
Free safekeeping if desired
Interest calculated on daily collected balance.
Service charge calculated on average collected balance.
Monthly Statements.
Check images with statements except on Liberty account.
Minimum initial deposit: $.00
MONEY MARKET ACCOUNT
Minimum balance required
to open account: $2500.
Contact bank for current tier rates.
Current tier balances:
daily available balance of $100,000.00 AND OVER
daily available balance of $50,000.00 – 99,999.99
daily available balance of $25,000.00 – 49,999.99
daily available balance of $2,500.00 – 24,999.99
daily available balance of $.00 – 2,499.99
No maintenance fee or per-item fee
Truncated account
Business or personal available
Limited transactions -- see
information under All Savings Accounts
SAVINGS ACCOUNTS:
BASIC (PASSBOOK) SAVINGS
No minimum balance required
to earn interest
Minimum balance required to
avoid maintenance fee: $100.00
Maintenance fee if under
minimum balance: $3.00 per quarter
if under $100.
Per item fee: $1.00 per withdrawal
after 9 free per quarter
if under $300.
Free to students and seniors: yes
Interest rate: variable rate subject to
change at any time
THRIFT SAVINGS
Minimum initial deposit: $50.00
No minimum balance required
to earn interest
Minimum balance required to
avoid maintenance fee: $50.00
Maintenance fee if under
minimum balance: $1.00 per quarter
No per item fee
Free to students and seniors: no
Interest rate: variable rate subject to
change at any time
EXECUTIVE MONEY MARKET SAVINGS
No minimum balance required
to earn interest
Minimum balance required to
avoid maintenance fee: $100.00
Maintenance fee if under
minimum balance: $5.00 per quarter
Per item fee: $1.00 per withdrawal
after 9 free per quarter
if under $300.
Free to students and seniors: yes
Interest rate: variable tiered rate subject to
change at any time
ALL SAVINGS ACCOUNTS:
Minimum initial deposit:$.00
unless Thrift Account
Free deposit and withdrawal forms
Limited transactions: Only 6 withdrawals per month of the
following types: preauthorized with-
drawals to third parties, telephone transfers,
transfers to another depositor at our bank
or 6 checks allowed per month if our Money Market account.
Unlimited withdrawal types: with-
drawals in person or at ATM, automatic loan pays to our bank,
transfers to other accounts of yours
at our bank.
Interest on Savings accounts calculated on daily collected balance.
Service charges on Savings accounts calculated on average
collected balance.
Quarterly Statements.
INDIVIDUAL RETIREMENT ACCOUNTS:
We offer the Traditional IRA, the Roth IRA, the Education IRA and the SEP plan,
all with no service charge and a competitive interest rate. Interest rates are subject to
change at any time. Penalties for early withdrawal may apply. See our IRA specialists for further information.
HEALTH SAVINGS ACCOUNT:
Minimum balance to open account: $10.00. No minimum balance required to earn interest. No maintenance fees. Interest Rate: variable rate subject to change at any time. Penalties for early withdrawal may apply. See our HSA specialists for further information.
CERTIFICATES OF DEPOSIT:
Terms ranging from 3 months through 60 months. Minimum balance $1000.
Interest payment by check, deposit to checking or savings account, or compound.
Call 1-218-564-4171 or 1-218-837-5171 during regular banking hours for current rates and full Truth in Savings Disclosures. Penalties for early withdrawal may apply.
LOANS:
We offer a wide variety of loans for your financial needs:
- Personal loans for your consumer purchases, including vehicles, boat, snowmobiles, household furnishings, etc.
- Real estate loans for the purchase of a home or for the remodeling of your present home.
- Secondary market loans.
- Business loans of all types for your small business.
- Agricultural loans of all types for your farming needs.
Our lending staff is friendly, courteous, and very knowledgeable about all areas of lending, and we're here to serve our community and surrounding area. In addition to loans offered to our customers through our regular lending programs, we offer loans through various lending programs such as SBA, FSA, MHFA, and local, regional, and state community economic development programs.
OTHER SERVICES:
Savings Bond purchase and redemption
Coin and Currency services and Canadian exchange
Cashiers checks and money orders
Night Depository
Wire Transfer Services
Bank by mail
Accept utility payments
Direct Deposit
Walkup/Driveup Banking
Telephone transfers
Cash Advances
Merchant Credit Card Service
Elan Credit Cards
Notary Service
Safe Deposit Box Rentals
ATM on site
ATM Cards
CheckCards
24 Hour Telebanc Line 1-866-235-3123
Internet Banking and Bill Pay
Debit Cardholders: Be on the alert for fraudulent phone calls or emails. If someone contacts you and states something about your debit card or account being frozen, DO NOT RESPOND, DO NOT GIVE OUT ANY OF YOUR CARD NUMBERS OR OTHER INFORMATION. This is a fraudulent call from someone trying to get information on your card or other accounts. If you accidentally did give them some information, please call us immediately to close your card and order you a new one.