In the of the Community, with the Community at .

Christmas Club Account

Truth-in-Savings Disclosure
Fixed Rate Information
The interest rate on your account is .60% with an annual percentage yield (APY) of .60%. You will be paid this rate for the period that the account is open.

Compounding And Crediting
Interest will not be compounded. Interest will be paid on October 1, 2010. If you close your account before interest is credited, you will not receive the accrued interest.

Minimum Balance Requirements
You must deposit $3.00 to open this account. Minimum deposit must be made on or before January 31st of the current Christmas Club year.

Balance Computation Method
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.

Accrual on Noncash Deposits
Interest begins to accrue on the business day you deposit noncash items (for example, checks).
 Fees and Charges

Transaction Limitations
You may not make transfers or withdrawals from this account, and funds are not available until after the 50th week of the program. No interest will be paid if management allows funds to be withdrawn prior to the 50th week. This account will mature on the 50th week of each Christmas Club year.

Description of other Accounts Available
Deposit accounts offered by Benton State Bank/Shullsburg Community Bank and Tennyson/Potosi Community Bank include: Statement Savings, Regular checking, Hometown Advantage Checking, NOW, Super NOW, Money Market and various Certificates of Deposit.

More detailed information on applicable fees are included with the attached "schedule of fees and charges" and also upon request.

More detailed information on the accounts described above is available upon request.

Customer Privacy Policy Disclosure

Funds Availability Policy Disclosure

Electronic Fund Transfer Disclosure


 
 

While you are visiting the Benton State Bank's Web site, we will never ask you for personal information. If you are ever asked that information while on our site please contact the bank immediately


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BENTON STATE BANK - is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.  Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.