Checking Accounts
Rates effective:
Consumer Checking
A Beardstown Savings Checking Account is rich with features.
- Interest bearing
- Beardstown Savings Master Card Check Card
- Free Internet Banking
- Free Bill Pay
- Discounted Loan Rates
- No monthly fee if a $500 balance is maintained
- No monthly fee for students
| Account | Min to Open | Interest Rate | APY |
|---|---|---|---|
| Now Checking | $0.01 | 0.05% | 0.05% |
Business Checking
- No monthly fee if a $500 balance is maintained
Account Comparison
| Features | Checking | Savings | Money Market Deposit |
|---|---|---|---|
| Minimum Account Balanace | No Minimum Balance | $50.00 Minimum Balance | $2,500.00 Minimum Balance |
| Account Fee | $5.00 Monthly Service Fee unless Daily Account Balance is always greater than $500.00 | No Monthly Account Fee | No Monthly Account Fee |
| Maxmium Number of Monthly Withdrawls | Unlimited Monthly Withdrawls and Transfers | 6 Maximum Monthly Withdrawls and Transfers - $1.50 per withdrawl or transfer after 6 | 6 Maximum Monthly Withdrawls and Transfers - $1.50 per withdrawl or transfer after 6 |
| Debit Card | Yes, $10 Annual Fee | Not Available | Not Available |
| Checks | Yes, $16.99 and up cost for checks | Not Available | Yes, $16.99 and up cost for checks |
| APY | 0.05% | 0.15% | $2,500.00-$9,999.00 = 0.30% $10,000.00 and greater = 0.50% |
Rates may change after account is opened.
Please contact an employee of Beardstown Savings concerning fees which may reduce yields and terms in regard to the above accounts or call (217)323-1400
APY = Annual Percentage Yield
Annual percentage yield means a percentage rate reflecting the total amount of interest paid on an account, based on the interest rate and the frequency of compounding for a 365-day period.