Checking Accounts
Farmers Savings Bank offers several types of checking accounts that are versatile enough to fit everyone’s lifestyle. The following checking accounts are intended to be used for personal, family, or household purposes.
Contact a personal banker to help you in deciding which type of checking account is right for your needs.
If you know what type of account you want, click this link https://fsb-iowa.csinufund.com/home/newUser to apply for an account online!
Personal Checking
- Minimum $100 to open
- No maintenance fees if balance does not fall below $250 throughout the statement cycle
- Free debit card available
- Excessive debit fee if debits in excess of 25 per statement cycle if account balance falls below $250
- Free digital banking available
- Free electronic or paper statements
- Images provided with statement
NOW Checking Account
- Interest-bearing account
- Minimum $500 to open
- No maintenance fees if balance does not fall below $500 throughout the statement cycle
- Free debit card available
- Excessive debit fee if debits in excess of 25 per statement cycle if the account balance falls below $500
- Free digital banking available
- Free electronic or paper statements
- Images provided with statement
FSB Select Checking
- Minimum $100 to open, no minimum balance required, no monthly fees
- Free debit card available
- Free digital banking available
- Free electronic or paper statements
- No canceled checks or images provided with statement
FSB Select Plus Checking
- Interest-bearing account - 0.01% minimum Annual Percentage Yield (APY) and APY as high as 3.0%* for qualifying accounts
- Qualifying accounts: per statement cycle, must have
- 20 posted/settled debit card transactions AND
- one third-party ACH AND
- account balance $0-$20,000
- Minimum $100 to open, no minimum balance required, no monthly fees
- Free debit card available
- Free digital banking available
- Free e-statements available; paper statements are $3 monthly
- Images provided with statement
* APY is based on meeting account qualifications; full disclosure of rates and terms are provided prior to account opening. The APY is accurate as of today and can change. Fees could reduce earnings on the account.
Senior Citizen Checking
- Must be at least 60 years of age
- Minimum $100 to open, no monthly fees, no minimum balance required
- No limit of written checks per month
- $10 discount on specialty wallet checks; $5 discount all others
- Free debit card available
- Free digital banking available
- Free electronic or paper statements
- Images provided with statement
Special Checking (for Non-Profit Organizations)
(please note: this account type is not available for online application)
- Minimum $100 to open, no minimum balance required
- Free debit card available (must be 18 years of age)
- Maintenance fee if more than 6 debits per month
- Excessive debit fee if debits in excess of 6 per statement cycle
- Free digital banking available
- Free electronic statements
- Images provided with statement
Account disclosures about Farmers Savings Bank checking accounts provided upon request before an account is opened or a service is provided–whichever is earlier.
