Personal Checking
Rates & Fees

CD Rates

RATES ARE SUBJECT TO CHANGE

Term Rate APY Minimum Daily Balance to Obtain APY
8 Month 0.55% 0.55% $10,000.00
14 Month 0.60% 0.60%
$5,000.00
14 Month Special with DSB Account 1.50% 1.51% $5,000.00
29 Month 0.65% 0.65% $5,000.00
29 Month Special with DSB Account 2.00% 2.02% $5,000.00
*91 Day 0.40% 0.40%
$2,500.00
*182 Day 0.45% 0.45% $2,500.00
*1 Year 0.70% 0.70%
$500.00
*18 Month 0.75% 0.75%
$500.00
*2 Year 0.80% 0.80%
$500.00
*2 Year Add To 0.80% 0.80%
$500.00
*30 Month 0.75% 0.75%
$500.00
*3 Year 1.00% 1.00%
$500.00
*4 Year 1.50% 1.51% $500.00
*5 Year 1.75% 1.76%
$500.00

*Automatically Renewable

IRAs – Same terms and conditions as automatically renewable CDs.

Checking Account Rates

Rate APY Minimum Daily Balance to Obtain APY
Prime Account Tier 1 0.05% 0.05%
$2,500-$9,999.99
Prime Account Tier 2
0.05% 0.05%
$10,000-$49,999.99
Prime Account Tier 3 0.10% 0.10%
$50,000-$99,999.99
Prime Account Tier 4 0.15% 0.15%
$100,000

Savings Account Rates

Rate APY Minimum Daily Balance to Obtain APY
Savings 0.05% 0.05%
$5.00
Savings Growth 1.82% 1.83%
$100.00
Super Money Market 0.05% 0.05%
$2,500.00
Smart Investor MM – Tier 1 0.05% 0.05%
$2,500 - $9,999.99
Smart Investor MM – Tier 2 0.05% 0.05%
$10,000 – 24,999.99
Smart Investor MM – Tier 3 0.05% 0.05%
$25,000 – 49,999.99
Smart Investor MM – Tier 4 0.10% 0.10%
$50,000-99,999.99
Smart Investor MM – Tier 5 0.15% 0.15%
$100,000 & over

APY represents Annual Percentage Yield

A penalty will be imposed for funds withdrawn prior to maturity for all time deposits.

Request further information from an employee concerning fees and terms applicable to the advertised accounts.

Fees may reduce the earnings.

Checking and Savings account rates are subject to change after account opening.

Rate APY Minimum Daily Balance to Obtain APY
Repurchase Agreement

(NOT FDIC INSURED)

0.05% NA $5,000.00

Miscellaneous Fees

Effective May 1, 2018

Account Closing Fee – $25.00
(If account is closed within 6 months of opening date)
If account balance falls to $0.00 at any time, we will assume that it is your intention to close the account.
Additional Statements – $5.00
(in excess of one allowed per month)
Amortization Schedule – $15.00
ATM Fees
No fee for DeMotte State Bank customers
Withdrawal at non-DeMotte State Bank ATM - $2.00
ATM surcharge – Non-customers - $3.50
Card Fees
Card Replacement (ATM/Debit card) - $10.00
Instant Issue Fee – $25.00
Cashier Check – $10.00 each
Coin Counting
No fee for DeMotte State Bank accountholder
Non-customers – 10% of amount
Collection Items
Canadian Only
First item - $20.00
Additional items - $5.00 each
Counter Checks – $1.00 per check
Dormant Checking Account Fee
$5.00 per month (inactive for one year)
Dormant Savings Account Fee
$15.00 per quarter (inactive for three years)
FAX Fees
Outgoing – $5.00 first page, $1.00 per page after first
Incoming – $2.00 first page, $1.00 per page after first
Federal Reserve Bank Draft – $20.00
Garnishment Fee/Court Order – $20.00
Image of Check – $1.00 per check
Levy – $80.00
Medallion Signature Guarantee – $25.00 per seal
Money Order – $5.00 each
Non-Sufficient Funds
$35.00 per item returned or overdraft item paid on checking or savings account
  Extended NSF
  An additional $35 if overdrawn for 5 business days
Notary Seal
$2.00 per seal
FREE for Prime Checking Accountholders
Online Banking
NO Fee for balances and funds transfers
Online BILL PAY
$4.95 per month (up to 10 bills)
$.50 each over 10
FREE for Prime and Choice Checking Accountholders
Paper Statements
DSB FREE Checking Accountholders
$3.00 monthly fee - statement only
$5.00 monthly fee - statement and images
No Paper Statement Fee for ages 65 & older
Business Checking Accountholders
$4.00 monthly fee - statement and images
No Paper Statement Fee for Business
PRO accountholders
Photocopy – $.25 each page
Research/Checkbook Balancing Fee
$30.00 per hour
Returned Check in Deposit Fee – $12.00 per item
Statement Reprint/Snapshot – $6.00 per statement
Stop Payment – $35.00
Stop Payment Renewal – $17.50
Safe Deposit Box Annual Fees
Contact your local branch to see what sizes are available near you.
3x5x22 $18
4x5x22 $23
5x5x22 $26
6x5x22 $30
3x10x22 $34
5x10x22 $50
3x11x22 $34
4x11x22 $43
6x11x22 $60
8x11x22 $80
10X10X22 $90
Lost Key $25
Late Fee $20
Contents NOT FDIC Insured
Sweep Account (Overdraft Protection)
Annual fee - $25.00
Transfer Fee - $7.50 per transfer
Telephone Transfer – $10.00 per transfer (no fee for transfers through online banking or phone banking)
Wire Transfers

Outgoing

Customer $30.00
Non-customer $75.00
International Wire $80.00

Incoming

Customer $15.00
Non-customer $75.00
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