FREE Checking
Statement Savings
Common Features
Guaranteed Student Loans
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STUDENT SERVICES
At Mound City Bank, We're Proud To Be Here For You, with an attractive selection of services
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FREE CHECKING
Simple & convenient
- Minimum balance to open the account - You must deposit $25.00 to open this account.
- Statement only account.
- OTHER SERVICES available.
STATEMENT SAVINGS
Savings for all generations
- Rate Information - At our discretion, your interest rate and annual percentage yield may change at any time.
- Compounding and crediting frequency - Interest will be compounded and credited to your account every month.
- Minimum balance to open - You must deposit $5.00 to open this account.
- Minimum balance to avoid fees - A monthly maintenance fee of $3.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the cycle. The maintenance fee is waived for customers under 18, and 55 and over, or prearranged payroll savings plans.
- Daily 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 of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations:
Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per statement cycle with no more than three by debit card or similar order to third parties.
Fees:
A per service-chargeable debit fee of $.50 will be charged for each transaction in excess of the above limitations.
- Unlimited withdrawals or transfers are allowed if made in person or at an ATM.
- CHECKMATE debit card available with qualified checking account, or ATM card.
COMMON FEATURES
The following fees may be assessed against your account and the following transaction limitations, if any, apply to your account.
| CHECKMATE/Debit Card |
| Non-refundable annual fee |
$12.00 |
| Card replacement or PIN reissue |
$5.00 per card |
| Non-PULSE network withdrawal |
$1.00 |
| ATM Card |
| Non-refundable annual fee |
$12.00 |
| Card replacement or PIN reissue |
$5.00 per card |
| Non-PULSE network withdrawal |
$1.00 |
The categories of transactions for which an overdraft fee may be imposed are those by any of the following means: check, in-person withdrawal, ATM withdrawal, or other electronic means.
| Overdrafts paid |
$27.00 per item paid, maximum $270.00 per day |
| NSF check returned |
$27.00 per check |
| Account closed within 90 days of opening |
$10.00 |
| Account reconciliation/research |
$20.00 per hour |
| Bank money order |
$4.00 |
| Cashiers check |
$5.00 |
| CD-ROM per monthly statement |
$10.00 |
| Certified check |
$20.00 |
| Check printing |
fee depends on style of check |
| Collection item |
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| Less than $1,000.00 |
$10.00 |
| $1,000.00 and over |
$20.00 |
| Copy of paid check or other document |
$2.00 |
| Deposited check returned |
$2.00 |
| Duplicate Statement |
$1.00 Per Statement |
| Endorsement stamp |
$18.00 |
| Facsimile service |
per page - $1.00 |
| International |
$15.00 |
| Foreign checks or drafts |
$20.00 |
| Foreign currency |
per issue - $5.00 plus postage |
| Girt Cards - per card |
$2.50 |
| Legal process |
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| court orders, garnishments, tax levies |
$35.00 |
| Medallion/signature guarantee |
$5.00 |
| Night depository bags |
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| With Lock |
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| first bag |
no charge |
| Each additional bag |
$25.00 |
| Zipper |
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| first bag |
no charge |
| Each additional bag |
$5.00 |
| Non-customer check cashing |
$5.00 |
| Check verification by phone |
$5.00 |
| Personal money order |
$2.00 |
| Photocopy |
$.25 |
| Post dated check notice |
$25.00 |
| Safe deposit box |
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| Box size |
Annual rent |
| 3" x 5" |
$20.00 |
| 5" x 5" |
$30.00 |
| 3" x 11" |
$35.00 |
| 5" x 11" |
$40.00 |
| 8" x 10" |
$55.00 |
| 10" x 10" |
$75.00 |
| Replacement key charge |
$15.00 |
| Cost of drilling box |
$125.00 |
| Special order statement |
$5.00 |
| Stop payment order |
$25.00 |
| Wire transfers |
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| incoming |
$15.00 |
| Outgoing |
$15.00 |
| International - outgoing |
$40.00 |
GUARANTEED STUDENT LOANS
To assist you with your post-secondary tuition needs, you can designate Mound City Bank as your student loan lender. Our Lender Code Number is
831824 which you will need when you complete your financial aid request.
You can choose from:
- The Stafford Loan Program provides low interest loans to students to help pay the cost of attending post-secondary schools.
- The Federal PLUS Loan Program (PLUS) provides loans to parents of dependent students attending post-secondary schools.
For more information, contact us !
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