» Savings

Savings

We offer a variety of savings plans to meet all of your business needs.  Our business bankers have the experience to help you make sound financial decisions.

 Regular Savings

  • Interst calculated daily; paid quarterly
  • Quarterly statement
  • $100 average minimum balance required**
  • Up to 6 electronic transfers per month*

Money Market 

  • Interest calculated daily; paid monthly
  • Monthly statement (e-statement or paper)
  • $2500 average minimum balance***
  • Up to 6 electronic transfers per month

Funds Management Savings

  • This account is designed for individuals that need $25,000 or more in easily accessible form. Please call (218) 326-9414 for details and features of this account.

Health Savings Accounts

  • This account is designed for those with a high deductible health plan. Call (218) 326-9414 for details.

Certificates of Deposit

  • 7 day to 60 month maturity options; special rates and terms offered periodically; FDIC insured.

 

* All savings accounts: $25 excess transaction fee for each excess automatic withdrawal or pre-authorized transfer.
** Regular savings: $3 maintenance fee will be imposed every quarter if the minimum balance is not maintained.  $100 minimum deposit required to open account.
*** Money market savings: $15 monthly maintenance fee if balance drops below $2,500.  $2,500 minimum deposit required to open account.