Services Available

• PERSONAL CUSTOMER SERVICE


• INTERNET BANKING


• FREE 24 HOUR TELEPHONE BANKING SERVICE
  ( 800) 357-6677 OR LOCAL 357-6677


• VISA CHECK CARD


• ATM’S - INDUSTRY AND NEW ULM


• MASTERCARD AND VISA CREDIT CARDS


• BUSINESS LOANS


• CONSUMER LOANS


• REAL ESTATE LOANS


• NIGHT DEPOSITORY


• ELECTRONIC FEDERAL TAX PAYMENT SYSTEM


• DRAFT COLLECTION


• US SAVINGS BONDS


• MERCHANT PROGRAM


• SAFETY DEPOSIT BOXES


• CASHIER’S CHECKS


• WESTERN UNION WIRES


• WIRE TRANSFERS

Products Available

The information listed on the products is for advertising purposes and does not contitute a disclosure. Account disclosures detailing terms and conditions of specific accounts are available upon request by calling us at any one of our locations. Terms and fees may be changed by us at any time after reasonable notice to you as provided by law.

Checking Accounts

• Minimum balance to open $50.00


• Unlimited check writing ability


• Monthly statement with check images enclosed


• Visa Check Card available


• ATM Card available


• ACH deposits and withdrawals


• Internet access to account


• 24 hours Voice access to account


• If your balance falls below $500.00 on any day in the statement cycle, your account will be subject to a $8.00 activity s/c - acct maintenance for that statement cycle


• Children 18 years and under, senior citizens(65 & over), non-profit Organizations, and non-profit corporations are exempted from service charges upon notification to the bank


• Complete disclosure given on account opening

No Frills Checking Accounts

• Minimum balance to open $50.00


• Unlimited check writing ability


• Monthly statement without check images


• Visa Check Card available


• ATM Card available


• ACH deposits and withdrawals


• Internet access to account


• 24 hours Voice access to account


• If your balance falls below $100.00 on any day in the statement cycle, your account will be subject to a $6.00 activity s/c - acct maintenance for that statement cycle


• Complete disclosure given on account opening

NOW Accounts

• Minimum balance to open $50.00


• Interest Rate and Annual Percentage Yield may change weekly


• Interest compounded monthly and credit to the account monthly


• No accrued interest if account closed before interest paid


• Unlimited deposits into the account


• An activity s/c - per item charge of $.25 will be charged for each debit in excess of 25 during a month


• Monthly statement with check images enclosed


• Visa Check Card available


• ATM Card available


• ACH deposits and withdrawals


• Internet access to account


• 24 hours Voice access to accounts


• If your balance is less than $1,000.00 on any day in the statement cycle, your account will be subject to a $10.00 activity s/c - acct maintenance for that statement cycle


• If your balance is at least $1,000.00 on every day but less than $2,500.00 on any day in the statement cycle, your account will be subject to a $7.50 activity s/c - acct maintenance for that statement cycle


• If your balance is $2,500.00 or more on every day in the statement cycle, we will not charge the activity s/c - acct maintenance for that statement cycle


• No minimum balance required to obtain the annual percentage yield


• Designed for individuals, sole proprietorship and non-profit corporations


• Complete disclosure given on account opening

Money Market Accounts

• Minimum balance to open $50.00


• Interest Rate and Annual Percentage Yield may change weekly


• Interest compounded monthly and credit to the account monthly


• No accrued interest if account closed before interest paid


• Unlimited deposits into the account


• Transfers from a Money Market Investment account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per monthly statement cycle with no more than three by check, draft, or similar order to third parties (Failure to comply will cause the bank to transfer the account into a demand account or close the account)


• MM activity charge - per item charge of $5.00 will be charged for each debit in excess of six during a month


• Monthly statement with check images enclosed


• ACH deposits and withdrawals


• Internet access to account


• 24 hours Voice access to account


• If your balance is less than $1,000.00 on any day in the statement cycle, your account will be subject to a $10.00 activity s/c - acct maintenace for that statement cycle


• If your balance is at least $1,000.00 on every day but less than $2,500.00 on any day in the statement cycle, your account will be subject to a $5.00 activity s/c - acct maintenance for that statement cycle


• If your balance is $2,500.00 or more on every day in the statement cycle, we will not charge the activity s/c - acct maintenance for that statement cycle.


• No minimum balance required to obtain the annual percentage yield


• Designed for individuals or business


• Complete disclosure given on account opening

Preferred Investment Account

• Minimum balance to open $25000.00


• Interest Rate and Annual Percentage Yield may change weekly


• Interest compounded monthly and credit to the account monthly


• No accrued interest if account closed before interest paid
• Unlimited deposits into the account


• Transfers from a Preferred Investment account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per monthly statement cycle with no more than three by check, draft, or similar order to third parties (Failure to comply will cause the bank to transfer the account into a demand account or close the account


• MM activity charge - per item charge of $5.00 will be charged for each debit in excess of 6 during a month


• Monthly statement with check images enclosed


• ACH deposits and withdrawals


• Internet access to account


• 24 hours Voice access to account


• If your balance is less than $25,000.00 on any day in the statement cycle, your account will be subject to a $10.00 activity s/c - acct maintenance for that statement cycle


• If your balance is $25,000.00 or more on every day in the statement cycle, we will not charge the activity s/c - acct maintenance for that statement cycle


• Designed for individuals or business


• Complete disclosure given on account opening

Savings Accounts

• Minimum balance to open $50.00


• Interest Rate and Annual Percentage Yield may change quarterly


• Interest compounded quarterly and credit to the account quarterly


• No accrued interest if account closed before interest paid


• Unlimited deposits into the account


• Transfers from a Savings Account to another account by preauthorized, automatic, telephone, or computer transfer are limited to three per month


• An activity service charge - per item charge of $1.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of three during a month


• Quarterly statement


• ACH deposits


• Internet access to account


• 24 hours Voice access to account


• If your balance is less than $50.00 on any day in the month, your account will be subject to a $5.00 low balance charge for that month


• If your balance is $50.00 or more on every day in the month, we will not charge the low balance charge for that month


• No minimum balance required to obtain the annual percentage yield


• Designed for individuals or business


• Complete disclosure given on account opening

IRA Accounts

• Minimum balance to open $50.00


• Interest Rate and Annual Percentage Yield may change quarterly


• Interest compounded daily and paid quarterly


• Unlimited deposits into the account (IRS limits apply)


• Withdrawals limited to 3 per quarter and must be made in person


• Quarterly statement


• Internet access to account


• 24 hours Voice access to account


• No administration fees


• No minimum balance required to obtain the annual percentage yield


• Designed for individual


• Complete disclosure given on account opening

Certificate of Deposit

• Minimum to open $500.00


• Jumbo Certificate of Deposit Available


• Varying Terms 1 Month to 60 Months


• Simple interest on certificates less than 12 months


• Early withdrawal interest penalty of 3 months on certificates 12 months or less


• Compounded daily interest on certificates 12 months and over
• Early withdrawal interest penalty of 6 months on certificates greater than 12 months


• Automatically Renewable with 10 days grace period
  
• Designed for individual or business


• Complete disclosure given on account opening.

Loan Products Available

Bank Fees

CHECK STORAGE AND COPIES
You agree that you will not receive your canceled checks. We will store your canceled checks or copies of them for a reasonable retention period. You may request copies from us in the manner we require.
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