The State Bank of Faribault can serve all of your checking needs. Here is a list of our checking accounts:
Earn rewards when you use electronic services $1,000 minimum balance to avoid charge$15 monthly balancefee if below minimum (no charge with $3,000 in savings, CD's or IRA's)Variable tiered rate; compounded monthlyE-statements (required)ID Theft Smart Program 1st month free
Earn an attractive interest rate on balances up to $25,000.99 when you perform these services every month:
1) received e-statements
2) have direct deposit
3) 10 debit card transactions
Designed for your basic checking needs No Minimum balance requiredE-statements available ($3.00 paper statement fee if no e-statement)IDTheft Smart Program 1st month free
Special benefits for people 50 and over plus earn interest. $100 minimum balance to avoid charge $10 monthly balance fee if below minimum balance (no charge with $5,000.00 in Savings, CD's or IRA's)Variable tiered rate interest; compounded monthlyAutomatic membership in the Rewards Club (benefits listed below)ID Theft Smart Program 1st month free
Rewards Club benefits: Free standard checks (shipping costs and taxes will apply)Free eventsSpecial vacation/trip offersNewsletterDomestic wire transfer of funds (1 free per month)Free lamination
Designed for all electronic banking No minimum balance required (E-statements required to avoid $3.00 paper statement fee)Write 10 checks free/month; each check over 10 is $ .25ID Theft Smart Program 1st month free
Designed to serve young customers with their first account No minimum balance required(E-statements required to avoid $3.00 paper statement fee)Free mini-pack of checksUpon reaching age of 23, customers would automatically convert to E-Basic CheckingWrite 10 checks free/month each check over 10 is $ .25ID Theft Program 1st month free
The following pertain to all checking accounts:
$100 minimum deposit is required to open any checking account.
Debit Platinum Mastercard available
Small safe deposit box rent-free for first year
Annual fee waived for the first year on CheckPlus Overdraft Protection
(Subject to application approval)
Services effective 06/01/2014.
Lost or stolen Mastercard Debit Card or ATM card call:
Click here for help to understand and manage your checking account.