Checking Services

SBF can serve all of your checking needs. Here is a list of our checking accounts:

  Preferred Checking Interest Checking Senior Checking Basic Checking
Description A package of valuable services. A package plus pays interest
Special benefits for people 55 and over For customers who prefer simplicity
Minimum Balance $300 $750 None None
Monthly fee if account falls below minimum balance $7 $10
(no charge with $3,000 in savings, CD's, or IRAs)
None None
Interest None Variable Rate; compounded monthly* None None
Check Imaging
(fronts of checks only)
Free Free Free Available, $5/month
VISA CheckCard** No monthly fee No monthly fee No monthly fee No monthly fee
Overdraft Protection** No monthly fee No monthly fee No monthly Fee No monthly Fee
Additional Features First box of standard checks free

Coupon for discount on balance of first year small safe deposit box rental


50% off wire transfer fee (in continental US)

Coupon for $50 discount on mortgage closing fees

1/4% bonus coupon on a new CD

First box of standard checks free

Coupon for discount on balance of first year small safe deposit box rental


50% off wire transfer fee (in continental US)

Coupon for $50 discount on mortgage closing fees

1/4% bonus coupon on a new CD

*interest forfeited if balance falls below $750


Direct Deposit

Free notary service
Duplicate checks required
**Subject to approved application
$100 minimum deposit is required to open any checking account.
Services Effective 12/30/05

Ask about High Yield Checking

Get CD-like rates and easy access to your money when you need it. Plus, you receive:

  • Tiered Interest Rates
  • Free ATM usage at State Bank of Faribault owned ATMs
  • Free Online Bill Payment
  • Free VISA CheckCard
  • And much more

Checking Conveniences

Free Internet Banking
This allows you to do many banking functions at any time of the day. Transfer money, obtain balances, verify transactions, and much more. You can even view your canceled checks online!

Online Bill Payment
It's the easy way to take care of one-time payments, or set-up payment for monthly bills

Direct Deposits
Have your payroll automatically deposited into your accounts - it's fast, and very convenient!

SBF Cash & Check Card
Use it to get cash around the clock at ATMs and to make purchases at merchants worldwide.

to top

State Bank of Faribault - Home