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Passbook Savings Account
Money Market Savings Account
 
 
 
 
 
 
 
 
 
 


Passbook Savings Account:

Rate information: Contact Us
Minimum amount to open account: $1.00
Interest compounded: Quarterly
Interest credited: Quarterly
Daily balance computation method: Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Deposit Limitations: Unlimited




Money Market Savings Account:

Rate information: Contact Us
Minimum amount to open account: $2,500.00
Interest compounded: Monthly
Interest credited: Monthly
Daily balance computation method: Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Minimum Daily Balance: $2,500.00
Deposit Limitations: Unlimited
Minimum Balance to avoid fees: $0.01
Limitations on withdrawals/transfers: Six (6) per calendar month of which a
maximum of three (3) may be made by check, draft, debit card, or similar order to a third party. Account will be subject to closure if limitations exceeded.



 
State Bank of Cokato
 
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