Regardless of your age, financial status or lifestyle, everyone needs a safe place to put their money and earn interest. At Denmark State Bank we try to provide simple solutions in a complicated world. We offer a Regular Savings Account, a traditional Money Market Account and a Christmas Club.
- Open with a minimum deposit of $25
- No fees for depositors under 19 years of age
- A $7.50 fee is assessed in any quarter wherein the balance drops below $200
- Interest accrues daily on collected balance and is paid quarterly
- Monthly withdrawal limitations:
- Six preauthorized withdrawals, automatic, telephone or computer transfers
- Unlimited ATM and in-person withdrawals
- Open with a minimum deposit of $1,000
- Monthly maintenance fee of $7.50 is assessed when balance drops below $1,000 on any day of the monthly statement cycle
- Balances over $10,000 earn our highest savings rate
- Interest accrues daily on collected balance and is paid monthly
- Monthly withdrawal limitations:
- Six preauthorized withdrawals, automatic, telephone or computer transfers
- Three of the transfers or withdrawals may be payments by check
- Unlimited ATM and in-person withdrawals
Denmark State Bank has a club to make the expensive Christmas season a little more bearable. Our Christmas Club Savings Accounts lets you deposit money at your convenience all year long.
- Only one withdrawal per year
- Interest accrues daily on collected balance and is paid annually
For more information about our savings products e-mail info@denmarkstate.com or contact us at the location nearest you.
