Deposit Services


At Benton County State Bank, we have a wide variety of deposit accounts designed to suit your banking needs.

Call us at (319) 454-6230 for current rates and yields on our deposit products!!!

 

Checking Accounts

  • $100.00 minimum balance to open the account
  • Fees do not apply to full time college students, churches, non-profit organizations, minors or senior citizens.



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NOW Accounts

  • Checking with interest
  • $1,000.00 minimum to open the account
  • No fees if you maintain a daily balance of at least $1,000.00 during the month

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Hi-Fi Money Market Accounts

  • Limited transaction account with interest higher than our NOW account
  • $1,000.00 minimum to open the account
  • A per debit fee will apply for each transaction in excess of six during a month

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Savings

  • Traditional savings account
  • $25.00 minimum opening balance
  • A per debit fee will apply for each transaction in excess of six during a month



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Grand Slam Savings

  • Savings account with interest rate tiers that pay higher rates for higher balances
  • First Base: $10,000.00 – 24,999.99
  • Second Base: $25,000.00 – 49,999.99
  • Third Base: $50,000.00 – 99,999.99
  • GRAND SLAM: $100,000.00 and above



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Certificates of Deposit

  • $500.00 minimum deposit
  • Terms from three months to five years
  • Substantial penalty for early withdrawal



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Individual Retirement Accounts

  • Traditional, Roth and Educational IRA’s available
  • $500.00 minimum deposit with $100.00 minimum contributions
  • Six and 36 month terms available
  • Substantial penalty for early withdrawal


(Full disclosure of all deposit account requirements, services, funds availability, and fees will be made to the customer at the time of opening the account or upon request.)

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NOTICE: Benton County State Bank is not responsible for and has no control over the subject matter, content, information, or graphics of the web sites that have links here. Please contact us with any concerns or comments.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

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