REGULAR CHECKING

There is no minimum balance requirement on our regular checking account, however, a certain number of checks are free each month based on the following table:

There is no service charge for direct deposit of social security checks.

• Minimum opening deposit - $100.00
• Maintenance Fee - $1.00 charged each monthly statement cycle
• Excess Check Fee –$.12 per check in excess of number free
• Check in Deposit Fee (Checks deposited that are not drawn on DeMotte State Bank)
  $.12 per check deposited
• Earnings Credit – You will earn credit of one-tenth of 1% of the minimum balance.

BUSINESS CHECKING

There is no minimum balance requirement on our business checking account, however, a certain number of checks are free each month based on the following table:

• Minimum opening deposit - $100.00
• Maintenance Fee - $1.00 charged each monthly statement cycle
• Excess Check Fee - $.11 per check in excess of number free
• Check in Deposit Fee (Checks deposited not drawn on DeMotte State Bank)
  199 checks or less deposited - $.11 per check
  200 or more checks deposited - $.07 per check
• Earning Credit – Business accounts earn two tenths of 1% of the minimum balance.

N.O.W. ACCOUNT

This interest bearing account pays you N.O.W. interest when the minimum balance requirement is met.

• Minimum opening deposit - $800.00
• Minimum balance requirement - $800.00
• If the minimum balance falls below $800.00, a fee of $6.00 will be applied each monthly statement cycle and a $.15 fee per withdrawal will be charged.
• Check in Deposit Fee (Checks deposited not drawn on DeMotte State Bank)
  First 20 checks deposited – no charge
  21-199 checks deposited - $.11 per check
  200 or more checks deposited - $.07 per check
• Interest rate is variable and can change monthly.
• Interest is calculated on the daily collected balance of $800 or more and is credited monthly.

SUPER N.O.W. ACCOUNT

• Minimum Opening deposit - $2,500.00.
• Minimum balance requirement - $2,500.00.
• If the minimum balance falls below $2,500.00, a fee of $8.00 will be applied each monthly statement cycle.
• Check in deposit fee (Checks deposited not drawn on DeMotte State Bank).
  First 20 checks deposited – no charge.
  21-199 checks deposited - $.11 per check.
  200 or more checks deposited - $.07 per check.
• No charge for deposits – no minimum deposit.
• 10 free checks per statement cycle and $.10 per item in excess of this limit.
• Interest rate is variable and can change monthly.
• Interest is calculated on the daily collected balance of $2,500 or more and is credited monthly. 

PRIME ADVENTURE CLUB

This account offers so many opportunities for our customers who are age 55 and better – interest earning checking – free and discounted services – low $100 min. balance – and travel adventures!

• Membership is open to those 55 years and better.
• Minimum opening deposit - $100.00.
• FREE checking with $100.00 minimum balance.
• To earn N.O.W. interest a $500 daily collected balance must be maintained.
• Interest is calculated on the daily collected balance and credited monthly.
• If the balance falls below $100.00, a $5.00 maintenance fee will be assessed each monthly statement cycle.
• FREE personalized checks (custom style checks available at a 50% discount).
• 10% discount on safe deposit box rental for first year.
• Cashier's Checks – only $2.50 each.
• 1 FREE photocopy per visit.
• FREE Notary Service.
• Travel Opportunities.
• FREE Seminars.
• Visa Travelers Checks and Money Orders – no issue charge.

THE CLUB CHECKING

• Minimum opening deposit - $100.00.
• Basic Single Plan - $8.00 per statement cycle
• Family Plan - $10.00 per statement cycle
• Personalized checks - Receive 200 personally imprinted Club Checks at reduced fee of $3.00 per box.
• Unlimited checking – use all the checks you like. With The Club there are no per-check charges.
• Travelers Checks – this secure, convenient instrument is available to you at no issue fee.
• $10,000 24-Hour Accidental Death and Dismemberment and $20,000 Scheduled Airline Insurance – As a Basic Plan Member, you'll receive $10,000 in Accidental Death and Dismemberment Insurance 24 hours a day. Your Accidental Death Coverage increases to $20,000 while traveling as a passenger on a Scheduled Airline.
• Increase Your Security With the Family Plan – if you have a family or simply want the added security of increased protection, we recommend the Family Plan:
  • $20,000 coverage for members
  • $2,500 coverage for your spouse and each dependent child (if not already covered as an account holder).
  • PLUS, as a member, your Accidental Death Insurance increases to $100,000 when you travel as a passenger on a Scheduled Airline. Coverage for your entire family is just $2.00 extra per month.
• Discount on Safe Deposit Box
  • To protect your valuables, take advantage of a $2 first-year discount on our safe deposit box rentals (subject to availability).
• Savers Club Discount Book
  • Save 50% on lodging at over 2,600 hotels, motels, bed and breakfasts, inns and condominiums nationwide. Save 20% at over 280 fine and casual restaurants. Also save money on car rentals, theme park tickets, zoos, golf, Continental Airline discounts, cruiselines, and more! Order discount movie tickets!
• Direct Deposit, Notary Service, Photocopy Service offered at no cost (limits may apply).
• Cashier's Checks
  • Cashier's checks are only $3.00 each for Club members.
• Money Orders
  • Money orders are only $1.50 each for Club members.
• Key Ring Protection, Payment Card Protection, Emergency Cash Advance Service are also available.
• Joining is easy! You can enroll in a matter of minutes!

SUPER MONEY MARKET ACCOUNT

• Minimum opening deposit of $2,500.
• Minimum balance requirement - $2,500.
• If balance falls below $2,500, a fee of $7.00 will be applied each monthly statement cycle.
• Check in Deposit Fee (checks not drawn on DeMotte State Bank).
  First 20 checks deposited – no charge.
  21-199 checks deposited - $.11 per check.
  200 or more checks deposited - $.07 per check.
• No charge for deposits.
• Six withdrawals (3 by third party) allowed each monthly statement cycle.
• Third party checks in excess of 3 will be charged a violation fee of $12.00 per item.
•  Interest rate established monthly.
• Interest is calculated on the daily collected balance of $2,500 or more and is credited monthly.

Note: When a balance falls to $0.00 at any time in a checking or savings account, the bank will assume that it is the account owner's intention to close that account.

SAVINGS ACCOUNT

• Minimum opening deposit - $100.00.
• Minimum balance requirement - $100.00.
• Minimum balance requirement waived for those 18 years and under and 65 and older.
• If balance falls below $100.00 anytime during the monthly statement cycle, a $2.00 maintenance fee will be charged.
• 3 free withdrawals per monthly statement cycle - $1.00 per withdrawal after 3 each statement cycle.
• Telephone transfers or preauthorized transfers are limited to 6 per statement cycle.
• Interest rate established monthly and compounded quarterly.

SAVINGS GROWTH ACCOUNT

This account is perfect for minors or for saving for a specific purpose!

• $100 minimum opening balance requirement
• $100 minimum balance required to earn interest
• Variable Interest Rate – established quarterly
• Early withdrawal fee: six months interest on amount withdrawn at the average rate for the past six months
• Minimum withdrawal amount - $100.00
• Reaches maturity in 5 years
• Unlimited deposits can be made of any amount

• Call anytime of day to access the following information:
• Balance Inquiries
• Current Interest Rates
• Product Information
• Listing of Checks Cleared
• Loan Payments
• No Fee Funds Transfers

Our VISA Check Card works just like a check everywhere VISA Debit Cards are accepted. The amount is automatically deducted from your checking account. There is no fee for a check card transaction. The Visa Check Card also can be used as an ATM card. All ATM fees still apply.

Save with Certificates of Deposit (CDs) through DeMotte State Bank. If you are able to commit funds for a specified period of time, you can enjoy competitive interest rates, variety of terms and interest payment options with FDIC insured savings.

A DeMotte State Bank certificate of deposit will let you take charge of your future.

Certificates may be issued with a single maturity or automatic renewal.  The single maturity will not automatically renew and interest will not accrue after maturity.  For accounts that automatically renew, each renewal term will be the same as the original. Interest earned each renewal term will be determined by us on or just before the renewal date. If you do not want the certificate of deposit to automatically renew, you must notify us within ten days of the maturity date to redeem without penalty.

DeMotte State Bank also offers some unique certificates to give you more options for your money. You also get to choose how long you want to invest. We have CDs with terms up to 60 months at very competitive rates. Special rates and terms are quoted for amounts of $100,000 or more.

Your payment options are:

• interest is applied to your account balance each quarter
• interest by a check
• direct deposit to your DeMotte State Bank checking or savings account.

Open your Certificate of Deposit with DeMotte State Bank today. All CDs require a minimum deposit. Your CD can be established as either a single or a joint CD. Joint CDs can have rights of survivorship. See CD terms and agreement for details.

As with any CD, there is a substantial penalty for early withdrawal. Early withdrawal penalties may reduce the face amount of the Certificate of Deposit.

Note: The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity and that a withdrawal of interest will reduce earnings. Annual Percentage Yields are subject to change without notice. Fees may reduce earnings.

Rates are posted for your convenience in making financial decisions. Realize they are subject to change. Check out our rates on the internet or speak with a New Accounts Representative.

A Message to our customers – In the space of this web site, we are able to describe only some of the our most frequently used products and services. DeMotte State Bank offers many other services such as safe deposit boxes, cashiers checks, money orders, coin counting, stop payments, wire transfers, overdraft protection, just to name a few.