Personal Checking Accounts
At State Savings Bank, we offer a variety of personal checking account types. Explore the options for different checking accounts in the chart below, then visit our West Des Moines or Baxter branch or contact one of our banking professionals to open a checking account.
| Account Type | Minimum to Open | Minimum Balance Requirement | Minimum Balance Fee* | Interest Earned | Statement Delivery Method |
|---|---|---|---|---|---|
| e-Checking | None | None | None | No | e-Statements are provided at no charge, paper statements are available for $5/statement. |
| Classic Checking | $300.00 | $300.00 | $8.00 | No | e-Statements are recommended, paper statements are available at no charge. |
| NOW Account | $700.00 | $700.00 | $10.00 | Yes | e-Statements are recommended, paper statements are available at no charge. |
| SSB Select Checking** | $5,000.00 | $5,000.00 | $10.00 | Yes | e-Statements are recommended, paper statements are available at no charge. |
| Rewards Checking*** | None | None | None | Yes | e-Statements are provided at no charge, paper statements are available for $5/statement. |
*For accounts with a minimum balance requirement, no minimum balance fee will be charged unless the balance falls below the required minimum balance on any day of the statement cycle. Classic Checking minimum account balance requirements are waived for customers 65 years of age or older. Checking fees are subject to Iowa state sales tax.
**SSB Select Checking accounts include free cashier's checks and money orders.
***Only one Rewards Checking account allowed per primary account holder.
Overdraft Privilege Services Available
The following information applies to all interest-bearing checking accounts and savings accounts:
- Your interest rate and annual percentage yield may change at any time at our discretion. Click to see current interest rates or call (515) 457-9533 or (641) 758-2989.
- Interest compounds and credits monthly for all checking accounts.
- Interest is calculated by the daily balance method, which applies a periodic rate to the balance in the account each day.
- Interest begins to accrue on the business day you deposit non-cash items to your account. (i.e. checks).
- Fees may reduce earnings.
