Checking Accounts

Value Free Checking

  • No monthly service fee, no minimum balance.
  • No interest paid on account.
  • Safekeeping account.
  • Cash/debit card - $15 annual fee. Online banking/bill pay service available.
  • $100 initial deposit required to order checks

Value Plus Checking*

  • $500 minimum balance or $1,000 in savings account tied to checking.
  • $5 service fee; fee is waived if minimum balance maintained.
  • Interest is earned on account if minimum daily balance of $500 or more is maintained.
  • Safekeeping account.
  • Cash/debit card - $15 annual fee. Online banking/bill pay service available.

Value Plus Senior Checking* (Age 55 & over)

  • No monthly service fee, no minimum balance.
  • Interest is earned on account if minimum daily balance of $500 or more is maintained.
  • Safekeeping account.
  • No charge services offered with this account include: Cash/debit card, money orders, fax/photocopy service, travelers checks, notary service.

Regular Checking

  • $300 minimum balance or $1,500 in savings account tied to this account ($100 initial deposit required to order checks).
  • $6.50 monthly service fee; fee is waived if minimum balance maintained.
  • No interest paid on this account.
  • Check images returned with monthly statement.
  • Cash/debit card - $15 annual fee. Online banking/bill pay service available.

Now Checking

  • $900 minimum balance, $1,800 average daily balance, or $3,000 in savings account tied to this account.
  • $8.50 monthly service fee; fee is waived if minimum balance maintained.
  • Interest is earned on account if minimum daily balance of $500 or more is maintained.
  • Check images returned with monthly statement.
  • Cash/debit card - $15 annual fee. Online banking/bill pay service available.

Checking

Safekeeping Benefits - Checks are not returned to the customer as they are safe-kept at Wadena State Bank. The monthly bank statement will list checks in number sequence. If copies of paid checks are requested, the first five copies are free per statement cycle and $3 each copy thereafter. There is a maximum charge of $15.

*Contact our customer service department for current interest rate information.