The First State Bank of Fountain
101 Main Street
PO Box 83
Fountain, MN 55935-0083
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Personal Savings Accounts
We understand that saving is the key to your financial security and have a variety of savings accounts designed to fit your financial needs, including statement savings, money market accounts, Holiday Savings accounts, Certificates of Deposits and IRA's.
Next Generation Savings
Features:
- For customers up to age 19
- No minimum balance
or monthly maintenance fee
- No dormant
fee
- Earn a competitive savings account interest rate
- Interest is
compounded daily and credited quarterly
- Opening deposit required of $5.00
Traditional Savings
Features:
- No minimum daily balance
or monthly maintenance fee
- Earn a competitive savings account interest rate
- Interest is
compounded daily and credited quarterly
- Opening
deposit required of $50.00
Heritage Money Market Savings
Features:
- No minimum
daily balance required
- Earn a competitive tiered savings account interest rate
- Interest is
compounded daily and credited quarterly
- Opening deposit required of $100.00
Holiday Savings
Features:
- Perfect for saving for the
Holiday's
- Earn a competitive savings interest rate (special rate)
- Interest is compounded daily and
credited to your account at maturity.
- Opening deposit required of $5.00
- No
withdrawals allowed until maturity
- Non-renewable
account at maturity
Certificates of Deposits - CD’S
Features:
- A variety
of terms ranging from 3 months to 60 months
- Minimum
deposit of $300
- Interest rates are typically one of
the best in the area
- Interest compounded daily
- Interest penalties
for early withdrawal
- Automatic renewals
- 10 day grace period
for renewals
Individual Retirement Accounts - IRA’s
Features:
- We
offer Simple, Traditional, SEP, and Roth IRA’s
- Visit
with our friendly customer service staff for
which IRA might be right for you.
How can I apply for a savings account?
Services effective as of 5-1-06.
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