Frandsen Bank & Trust

 

AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Free Checking

$100

  • No minimum balance
  • Online Banking required
  • eStatement required
None None Yes Yes

 

AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Classic Checking

$100

  • Unlimited check writing
  • eStatement available
None
  • $5 monthly maintenance fee if combined deposit balance** falls below $5,000
Yes Yes




AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Classic Plus Checking

$100

  • Unlimited check writing
  • eStatement available

 

  • Accrues daily; credited and compounded monthly
  • Pays interest on a tiered basis
  • $8 monthly maintenance fee if account balance falls below $500 on any day during the statement cycle or if combined deposit balance** falls below $10,000
Yes Yes



AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Gold Star Checking

$100

  • Available to persons age 55 or older
  • No minimum balance
  • One (1) free box of Frandsen Bank & Trust checks per year
  • No fee traveler's checks, cashier’s checks, money orders, travel card sand gift cards
  • eStatement available
  • Accrues daily; credited and compounded monthly on daily balances equal to or greater than $500
None Yes Yes



AccountMinimum Opening BalanceHighlightsInterestService ChargeATM/Check CardOnline Banking/Bill Pay
Money Market

$2,500

  • Unlimited in-person transactions
  • Withdrawal limitations apply per federal regulation*
  • Accrues daily; credited and compounded monthly
  • Pays interest on a tiered basis
  • $10 monthly maintenance fee if account balance falls below $2,500 on any day during the statement cycle
Yes Yes



* During any calendar month, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order.

** The combined deposit balance is determined by adding the account monthly average balance to the balance of all of your other personal deposit accounts on the statement cycle date.