In the of the Community, with the Community at .

NOW Checking Account

Truth-in-Savings Disclosure
Eligibility Requirements
Maintenance fees will be waived for customers age 55 and over, upon request (business accounts are not applicable).

Variable Rate Information
The interest rate on your account is .15%, with an annual percentage yield (APY) of .15%. Your interest rate and annual percentage yield may change.

Determination of Rate
At our discretion, we may change the interest rate on your account.

Frequency of Rate Changes
We may change the interest rate on your account at any time.

Limitations on Rate Changes
There are no maximum or minimum interest rate limits for this account.

Compounding and Crediting
Interest will be compounded monthly and will be credited to your account monthly.

Minimum Balance Requirements
You must deposit $500.00 to open this account. A minimum balance fee of $6.50 will be imposed every month if the balance in the account falls below $500.00 any day of the month.
You must maintain a minimum daily balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement. You will earn interest for the entire statement period regardless of your balance.

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
No transaction limitations apply to this account.

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.