Farmers State Bank of Phillipsburg

Farmers State Bank

INTEREST CHECKING (NOW ACCOUNT)

To open your account you must deposit $1,500.00.

A minimum balance fee of $4.00 will be imposed every month if the balance in the account falls below $1,500.00 any day of the month.

You must maintain a minimum balance of $1,500.00 in the account each day to obtain the disclosed annual percentage yield.

Interest will be compounded on a monthly basis.
Interest will be credited to your account on a monthly basis.

We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Interest begins to accrue no later than the business day we receive credit for the deposit.

The following fees may be assessed against your account:

Fee for each check you write on this account $0.13.
Fee per month for not maintaining a $1,500.00 minimum balance everyday of the cycle period $4.00 .

Contact a Farmers State Bank representative at (888) 879-2183 or email us for more detailed information on personal checking accounts.

FDIC

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