Personal Checking
Personal Banking
designed for you

We strive to offer our customers the best personal financial options and excellent customer service, a sincere commitment to excellence. Although you have many financial institutions to choose from, DeMotte State Bank works hard to earn and keep your trust. We ensure that you have the best account options for you and your family. At DSB, we put our communities and families first, and we can’t wait to have an opportunity to show you the benefits of hometown banking!

Personal Banking Testimonials

Your Checking Account Choices

At DeMotte State Bank, we value the dollar, whether it’s yours or ours! At our community bank, we offer three different checking account options: DSB Free Checking, Choice Checking, and Prime Checking. Take a moment to consider the features that appeal to your needs and financial goals, depending on your stage of life. A Customer Care Representative at your local branch can help you determine the best checking account to fit your life!

* DSB Free Checking Account holders must enroll for E-Statements within 30 days of account opening.
$4.95 monthly fee for BILL PAY after 6 months, including up to 10 bill payments per month
$.50 each in excess of 10
Paper Statement - $3/month
Paper Statement with images - $5/month
(Free for 65 years and older)
** $8.00 monthly fee if balance falls below minimum
*** $10.00 monthly fee if balance falls below minimum
***Tiered Interest (Calculated on daily collected balance)
Contact a Customer Care Representative for other requirements, rates, and fees that may apply.

Personal Checking

Debit/Credit Card Information

Your Savings & Investment Choices

We are invested in our communities, personally and professionally. Because of our close ties with the communities we serve, we are passionate about providing competitive savings and investment options to meet your long-term and short-term goals. One of our Customer Care Representatives would be happy to discuss your objectives and find solutions. Visit with us at your local DSB location soon.

Savings Account

• $100 minimum to open
• $100 minimum balance required*
• 6 Preauthorized/telephone transfers per month
• Interest rate established monthly/compounded quarterly
• 3 free withdrawals allowed per month, $1.00 each after 3
* $3 monthly fee if balance falls below, waived for ages 18 under, 65 & over

Savings Growth

• Perfect for child savings
• $100 minimum to open and earn interest
• Attractive variable interest rate-established quarterly
• Early withdrawal fee: 6 months interest on amount withdrawn at
 average rate for past 6 months
• Reaches maturity in 5 years
• Unlimited deposits


Christmas Savings Account

• Convenient and flexible way to save for ANY purpose
• $5.00 minimum opening deposit
• Account balance is paid around Nov. 1 every year
• Account remains open if deposits resume by Feb. 1
• Additional interest earned with monthly auto transfer

  •  from any DSB account.

    Certificates of Deposit

    Certificates of Deposit are an excellent and safe short-term investment
    vehicle. We have a variety of terms available. Refer to our rate page
    for current rates, terms, and minimum deposit requirements.

    Individual Retirement Accounts

    Our Individual Retirement Accounts are funded through DSB Certificates of
    Deposit. IRAs provide tax advantages for retirement savings. Ask one of our
    New Account Representatives for details.

    DSB Loans

    Click HERE to access the Loan Applications & Financial Statements needed to start your loan process.

    Know before you go...

    To Streamline the Process

    1. Two most recent year’s tax returns, including W/2’s
    2. Current pay stubs covering a 1-month period
    3. Two consecutive bank statements and asset accounts
    4. Survey or legal description of pledged collateral
    5. Completed application with signature and dates
    6. Home Owners insurance information
    7. Driver’s License and/or Social Security Card
    DSB Loans

    Common Mortgage Terms

    Paying off an amount owed over time by making planned, incremental payments of principal and interest.

    A report made by a qualified person (appraiser) which gives an estimate of a property’s value.

    An asset pledged as security for repayment of a loan.

    Debt to Income (DTI)
    The ratio of monthly debt payments to gross monthly income.

    Funds the borrower pays to the lender monthly to hold until the occurrence of a specified event. Funds in escrow cover yearly expenditures such as mortgage insurance premiums, taxes, hazard insurance premiums and special assessments.

    Fixed Rate
    A fixed interest rate loan is when the interest rate does not fluctuate during the duration of the loan.

    Interim Interest
    Interest paid at closing which includes interest on your loan from the date of closing to the first day of the following month.

    Loan to Value (LTV)
    The ratio of the loan amount to the value of the collateral.

    An acronym for principal, interest, taxes and insurance. These are the major components that go into determining your monthly mortgage payment.

    Original amount of money borrowed in a loan.

    Variable Rate
    A rate that may fluctuate during the duration of the loan.

    Your Home Mortgage Options

    Lending for your future

    Land and lot loans

    • Land and lot financing available in Northwest Indiana upon qualification
    • Flexible amortization terms
    • Easy transition into a DSB Construction Loan


    Construction Loans

    • Offers interest only monthly payments during construction
    • Easy transition from construction loan to permanent financing upon home completion


    Lending to accommodate your unique needs

    Bridge Loans

    • Temporary financing solutions


    Conventional Loans

    • Perfect for the typical home buyer
    • A variety of loan terms and interest rates to fit your needs


    FHA Loans

    • Primary residence purchase with low down payments and favorable interest rates upon qualification
    • Insured through the federal government which may allow easier qualification than conventional home loans


    Home Ready Mortgage

    • Affordable lending options for moderate to low income qualified buyers
    • Low down payment
    • Homeownership course (required) offering tips and insight on sustainable home ownership


    Jumbo Loans

    • Offers first class home loan financing in excess of $484,350.
    • Competitive rates and terms for qualified buyers
    • Rewards buyers with good credit, stable income and employment, and verified income and assets


    RuraLiving Home Mortgage

    • Opportunity to enjoy country living, with large acreage lots and outbuildings for qualified buyers
    • Long term financing and fixed rate interest available
    • Suitable for a hobby farmer


    USDA/Guaranteed Rural Housing

    • Purchase a home with no / low down payment for qualified buyers.
    • Must be within certain program specified income limits based on county income averages.
    • Purchase location must be deemed rural by USDA guidelines.


    VA Loans

    • Opportunities for qualified military veterans to purchase a home with no / low down payment
    • Opportunities for qualified military veterans to refinance debt based on VA guidelines
    • Low fixed interest rates with a variety of terms available


    Kent Bierma
    Executive Vice President / Business Development Officer
    Richard Brewer
    Assistant Vice President / Hebron and Kouts Banking Center Manager
    Guy Carlson
    Executive Vice President / Lowell Banking Center Manager
    Karine DeKock
    Vice President / Mortgage Loan Officer
    Anne-Cecile Egan
    Vice President / Rensselaer Banking Center Manager
    Bonnie Funk-Oxley
    Vice President / Morocco Banking Center Manager
    Jennifer Hammons
    Senior Vice President / Mortgage Loan Officer
    Josh Holloway
    Assistant Vice President / Roselawn Banking Center Manager
    Chris Kelleher
    Senior Vice President / Commercial Loan Officer
    Dene Mattocks
    Vice President / Commercial Loan Officer
    Carla Musial
    Vice President / Knox Banking Center Manager
    Steve Myers
    Senior Vice President / Consumer Loan Officer
    Scott Osborn
    Vice President / Mortgage Loan Officer
    Jeff Sawaska
    Vice President / Cedar Lake Banking Center Manager
    Morris Wiseman
    Senior Vice President / Ag Loan Administrator / Assistant Loan Administrator
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