Frandsen Bank & Trust

 

AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Free Checking

$100

  • No minimum balance
  • Online Banking required
  • eStatement required
None None Yes Yes

 

AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Classic Checking

$100

  • Unlimited check writing
  • eStatement available
None
  • $5 monthly maintenance fee if combined deposit balance** falls below $5,000
Yes Yes




AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Classic Plus Checking

$100

  • Unlimited check writing
  • eStatement available

 

  • Accrues daily; credited and compounded monthly
  • Pays interest on a tiered basis
  • $8 monthly maintenance fee if account balance falls below $500 on any day during the statement cycle or if combined deposit balance** falls below $10,000
Yes Yes



AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Gold Star Checking

$100

  • Available to persons age 55 or older
  • No minimum balance
  • Two (2) free boxes of Frandsen Bank & Trust checks per year
  • No fee traveler's checks, cashier’s checks, money orders, travel card sand gift cards
  • eStatement available
  • Accrues daily; credited and compounded monthly on daily balances equal to or greater than $500
None Yes Yes




AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Ultimate Checking

$100

  • Complimentary annual financial consultation
  • Unlimited check writing
  • Free Frandsen Bank & Trust checks
  • No fee traveler's checks, cashier’s checks, money orders, travel cards, and gift cards
  • eStatement available
  • Accrues daily; credited and compounded monthly
  • Pays interest on a tiered basis
  • $10 monthly maintenance fee if account balance falls below $1,500 on any day during the statement cycle or if combined deposit balance** falls below $25,000
Yes Yes



AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Money Market

$2,500

  • Unlimited in-person transactions
  • Withdrawal limitations apply per federal regulation*
  • Accrues daily; credited and compounded monthly
  • Pays interest on a tiered basis
  • $10 monthly maintenance fee if account balance falls below $2,500 on any day during the statement cycle
Yes Yes



* During any calendar month, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order.

** The combined deposit balance is determined by adding the account monthly average balance to the balance of all of your other personal deposit accounts on the statement cycle date.


Member FDIC