Deposit Accounts

Freedom Checking

State Bank’s Freedom (as in Free) Checking account has no maintenance fees, unlimited check writing and a no fee ATM card.  Call us at 320-563-8142 or stop by our office for more information on this and all our other deposit accounts. If you need to reorder checks use our secure Check Reorder Form. 

If you would like to apply for one of our consumer deposit accounts, please fill out this secure online form.

Benefits:

• ATM access – no charge at our local ATM’s
• Free check image safekeeping
• Overdraft Protection available

Basic Checking

This account gives you Value Plus!  The Plus is not only do you have unlimited check writing and a no fee ATM card, we also return your check images with your statement!  We give you a $.15 credit for each $100 minimum (lowest) daily balance which can offset the $3.50 plus 15 cents per check monthly maintenance fee.  If you want your check images, don’t write many checks, and/or plan on keeping more than just a few dollars in your account then Basic Checking is for you. This account is free to full-time students under the age of 25, Senior citizens age 50 or better, and Military service personnel.

If you would like to apply for one of our consumer deposit accounts, please fill out this secure online form.

Benefits:

• ATM access – no charge at our local ATM’s
• Overdraft Protection available
• Check images returned with statement

Banclub Checking

You get so much when you choose Banclub Checking.  So much in fact that we don’t have enough space to show all the value you get for just $7 per month. Here are just a few of the benefits of belonging to Banclub: Free Banclub style checks – no fee Cashier’s Checks – free Notary Service – Key Ring Protection – Credit Card Protection – Savers Club of America discounts – Medical Emergency Data card – $10,000 AD&D insurance – Buyer’s Advantage and much more….  

If you would like to apply for one of our consumer deposit accounts, please fill out this secure online form.

Benefits:

• ATM access – no charge at our local ATM’s
• Overdraft Protection available
• Checks images returned with statement

Banclub 50 Checking

Our Banclub 50 Checking account is exclusively for those of us who are age 50 or better.  With Banclub 50 you receive: Interest on your deposit (interest rate and Annual Percentage Yield varies and may depend upon the daily minimum balance) – $100,000 Common Carrier Accidental Death insurance (in place of $10,000 AD&D insurance) – plus all the benefits of our Banclub Checking! As if this weren’t enough all you need to do to avoid the $7.50 monthly maintenance fee is to keep a $100 minimum daily balance.

If you would like to apply for one of our consumer deposit accounts, please fill out this secure online form.

Benefits:

• ATM access – no charge at our local ATM’s
• Overdraft Protection Available
• Check images returned with statements
• Annual coupon for a free caramel roll and coffee
• Annual coupon for 1/4% bonus on CD/IRAs

Passbook Savings Account

Plain and simple.  This account has stood the test of time as it is still one of our most popular accounts.  All you need to open a Passbook Savings account is $100.  All you need is to maintain an average balance of at least $100 each semi-annual period to avoid a $10 Minimum Balance Charge (Fee). 

If you would like to apply for one of our consumer deposit accounts, please fill out this secure online form.

Benefits:

• ATM access – No charge at our local ATM’s
• No fee ATM card
• Passbook for easy record-keeping

Money Market Savings

Our Money Market Savings account offers the opportunity to earn higher rates of interest than our Passbook Savings.  The interest rate and Annual Percentage Yield varies and may depend upon the daily minimum balance carried in the account.  

If you would like to apply for one of our consumer deposit accounts, please fill out this secure online form. 

Benefits:

• ATM access – no charge at our local ATM’s
• No fee ATM card
• Detailed monthly statement

High Yield Cash Savings

In exchange for a $10,000 minimum opening balance requirement, our High Yield Cash account offers the opportunity to earn even higher rates of interest than our Money Market Savings.  After you open the account, all that is needed to avoid the $10 monthly maintenance fee is to keep your daily minimum balance no less than $1,000.  The interest rate and Annual Percentage Yield varies and may depend upon the daily minimum balance carried in the account.  

If you would like to apply for one of our consumer deposit accounts, please fill out this secure online form.  

Benefits:

• ATM access – no charge at our local ATM’s
• No fee ATM card
• Detailed monthly statement