Deposit Accounts

Personal Checking

Farmers State Bank offers a variety of checking accounts to meet your needs. Compare our accounts to other banks. All of our accounts come with free check images and free online banking with bill pay. Best of all, there are no minimum balance requirements with our Care “Free” and Freedom 55 accounts.

Account Type Care “Free” Freedom 55 Interest Checking Money Market
Minimum Opening Deposit $50.00 $50.00 $50.00 $50.00
Monthly Service Charges None None $10.00 monthly service charge if balance falls below $1,000.00 any day during the month $8.00 monthly service charge if balance falls below $2,500.00 any day during the month
 Minimum Balance to Avoid Service Charge None None $1,000.00 $2,500.00
Withdrawal Fees/Transaction Fees None None None 6 free withdrawals per month. Additional withdrawals are $3.00 each**
Earns Interest No Yes Yes Yes
Statements Monthly with images  Monthly with images  Monthly with images  Monthly with images
 Benefits Free online banking and bill pay Free Basic Checks
1 box per order
Free Money Orders
Free online banking and bill pay
 Free online banking and bill pay Free online banking and bill pay

** Regulation D rules apply – Savings and MMDA Excess Transactions

 

Business Checking

Managing your business is enough work without having to worry about your business checking account. All of our business accounts provide you with monthly check images and free online banking with bill pay. We offer business checking accounts free from service charges and even one that pays you interest. Choose the account that best meets the needs of your business and spend more time running your business and not worrying about your checking account.

Account Type Business Choice Business Premium Business Money Market
 Minimum Opening Deposit $50.00 $50.00 $50.00
Monthly Services Charges None None $8.00 monthly service charge if balance falls below $2,500.00 any day during the month
Minimum Balance to Avoid Service Charge None None $2,500.00
Withdrawal Fees/Transaction Fees 50 free checks per month. Additional checks are $.25 each Earnings credit allowance on deposit balance may offset fee. All transaction items are $.10 each* 6 free withdrawals per month. Additional withdrawals are $3.00 each**
Earns Interest No No Yes
Statements Monthly with images Monthly with images Monthly with images
Benefits Free online banking and bill pay Free online banking and bill pay Free online banking and bill pay

* Transaction items include – checks, deposits, ACH debit and credit, POS debit and credit, and each deposited item
** Regulation D rules apply – Savings and MMDA Excess Transactions

 

Savings

Farmers State Bank offers savings accounts that give you the flexibility to both save money and earn interest at the same time – all while still having access to your money. Choose the account that best suits your needs, and begin letting your money work for you!

Account Type Personal Business Student Savings
Minimum Opening Deposit $100.00 $100.00 $10.00
Monthly Services Charges $2.00 monthly service charge if balance falls below $100.00 any day of the month $2.00 monthly service charge if balance falls below $100.00 any day of the month $2.00 monthly service charge if balance falls below $10.00 any day during the month
Minimum Balance to Avoid Service Charge $100.00 $100.00 $10.00
Withdrawal Fees/Transaction Fees 6 free withdrawals per month. Additional withdrawals are $1.00 each** 6 free withdrawals per month. Additional withdrawals are $1.00 each** 6 free withdrawals per month. Additional withdrawals are $1.00 each**
Earns Interest Yes Yes Yes
Statements Quarterly Quarterly Quarterly
Benefits Free online banking and bill pay Free online banking and bill pay Free online banking and bill pay

** Regulation D rules apply – Savings and MMDA Excess Transactions

 

CDs

We have a certificate of deposit (CD) that is right for you!

Each of our certificates offer a fixed yield along with the safety and security of FDIC insurance up to $250,000 per depositor.  We offer certificates with maturities ranging from 30 days to five years and for as little as $500, you can open your own certificate.  For more information regarding a certificate of deposit and FDIC insurance, feel free to give us a call or stop by the branch.

* Certificates of deposit may be subject to a penalty for early withdrawal.

 

At the recommendation of health and governmental officials, we are restricting access to the lobby. - ONLY ONE CUSTOMER AT A TIME MAY ENTER THE LOBBY - PLEASE STOP AT THE FIRST COUNTER - PLEASE MAINTAIN A 6 ft DISTANCE - PLEASE ENTER ONLY IF YOU NEED TO WITHDRAW CASH OR NEED TO CASH A CHECK. Otherwise please drop your deposits or payments into the night drop located on the front of the bank to the left of the door. - PLEASE USE YOUR DEBIT CARD FREE OF CHARGE FOR CASH FROM OUR ATMs located at Pine Bluffs Exxon and Pine Bluffs Sinclair. Our ATM located at Knotty Pine Saloon is not currently available to the public. - PLEASE MAKE AN APPOINTMENT FOR ALL OTHER BANKING SERVICES. CALL 307-245-3221. We are still operating as before, we just need to maintain physical separation. All banking services are still available, however, we ask if you wish to speak with a lender, open an account or for other inquiries, please call 307-245-3221 to make an appointment. You may continue your normal banking activity using: · Online Banking · Telephone Banking · Night Drop · ATM · Debit Cards We appreciate your cooperation as we do our part to keep our staff, customers and community as safe and healthy as possible at this time.