State Bank Friends/Customers & Community: During this challenging time due to the pandemic our bank lobbies are temporarily closed. Our goal is to keep you - our friends / customers / employees and community safe. We are open for business by drive up in Watertown and drive up and walk up in Reeseville. During this time, we would like to offer some helpful tips to make your banking needs easier for you! Online and Mobile Banking can be accessed 24 hours a day, Deposit Checks using the STATE BANK App, ATM (in Watertown), STATE BANK "Debit Card", Credit Card and Night Deposit. Save time by making your loan payments online. If you have questions, or need assistance please call 920-927-3841 - Reeseville; 920-262-2464 Watertown or email firstname.lastname@example.org.
man and woman stand in their shop while the woman holds an open sign
Analyzed Business Checking
There is no minimum balance requirement in your business checking account. Your net collected balance receives a monthly earnings credit, which is used to offset the service fees listed below:
Monthly Maintenance – $10.00
Check or Debit Item (each) – $0.18
Deposits – No Charge
Deposited Items (each) – $0.06
“On Us” Checks – No Charge
Currency & Coin – No Charge
Earnings Credit – Your account will earn a credit at the rate determined by the bank from time to time, computed on the net collected balance. The net collected balance is the ledger balance, adjusted for reserve requirements, less check clearing float. If the earnings credit is more than the monthly fees, you pay no service charge for the month. However, no interest will be paid.
Debits to Account (each) – $0.18 (First 50 are free)
Items Deposited to Account (each) – $0.06 (First 50 are free)
“On Us” Checks – No Charge
Basic business checking accounts are limited to individuals operating under a trade name, sole proprietorships, certain non-profit organizations and trusts.
HI-FI Money Market
You must deposit $2.500.00 to open this account and you must maintain a minimum balance of $2,500.00 in the account each day to obtain the annual percentage yield disclosed.
Account balances of $2,500 or more will have no maintenance fee orwithdrawal fees charged.
Monthly Maintenance Fee – $7.50
Fee per withdrawal – $0.25
You may not make more than six (6) transfers and withdrawals from your account per month by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order payable to third parties. Interest rates and annual percentage yields vary depending on the amount in your account. An additional rate sheet will show the tiered rate schedule for this account. ATM/Checkcard is not available with the HI-FI money Market Accounts.