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During these times of financial uncertainty, the peace of mind from knowing your money is safe and well invested cannot be overvalued. Bison State Bank is proud to offer many simple solutions that are safe and easy to implement. We make your peace our business.
This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account DAILY. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded semi-annually and will be credited semi-annually.
We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. No minimum balance is required.
You must deposit $100.00 to open this account. You may make six (6) transfers from your account each month, if by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction, or by check, draft, debit card, or similar order (including POS transactions) made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
The following fee applies to this account:
Dormant Fees: $5.00 per month when inactive more than 12 months