farmbureaubank.com |
Farm Bureau Bank - We are Farm Bureau's Bank This page was printed from:
https://farmbureaubank.com/Deposits

Farm Bureau Bank Performance Checking Deposit Accounts

Customized banking for all needs. Save time along with your money! In the time it would take you to drive to the bank, you can have your Performance Checking, Money Market Savings or CD account established with our new easy online application. Click the "Apply now" button to begin. Bank the way you want to – our FDIC-insured deposit accounts offer smart options that really grow your money.

Product Name Account Highlights

Overview
  • Unlimited check and debit card access
  • Free 24-hour phone and Internet access
  • Unlimited auto-debit withdrawals
  • Tiered interest that rewards higher balances
  • Up to five monthly ATM fees reimbursed
  • Free E-Option   
  • Free unlimited Direct Deposit transactions
  • Overdraft Protection options through either a Farm Bureau Bank MasterCard or Money Market Savings Account
Minimum Initial Deposit $100
Free E-Option
  • Earn higher interest when you choose to go paperless
  • 24-hour Internet access to Online Statements, Online Bill Pay and Online Transfer Funds
Monthly Service Fees None for normal use or to open or maintain the account.
Minimum Daily Balance $0.01

Performance Checking Account Rates

Balance Interest Rate Annual Percentage Yield*
less than $2,500
   with E-Option   
0.00%
0.70%
0.00%
0.70%
$2,500 - $9,999
   with E-Option   
0.50%
0.70%
0.50%
0.70%
$10,000 and up
   with E-Option   
0.70%
0.70%
0.70%
0.70%
Minimum Initial Deposit $100

Performance Checking - Additional Info

E-Option
Choosing the free E-Option for your Performance Checking Account gives you the convenience of viewing your monthly statements online without the hassle of sorting through paper statements in the mail. Earn a higher interest rate by choosing E-Option on every dollar you deposit.

Visa® Cash & Check Card
Your Performance Checking Account comes with a FREE Visa Check Card, providing free and unlimited use and universal access to your funds. Purchases can be made anywhere Visa is accepted, and funds are automatically removed from your account with each use. Quick and easy access to over 300,000 ATM machines worldwide.

Performance Checking Terms & Conditions

The interest rates and annual percentage yields for all Farm Bureau Bank deposit accounts are determined at the discretion of the Bank. The interest rates and annual percentage yields may change at any time. The interest rate for your account will be based on the following daily balance tiers:

Crediting Frequency Interest will be credited monthly.

Performance Checking - Fees

The following fees may be assessed against your account:

Replace lost ATM/Debit card $5.00

*Annual Percentage Yield. Interest Rates and Yields shown are effective as of 1/7/2009. Deposit balances are FDIC-insured up to $100,000 per depositor. Fees could reduce earnings on the account. The Interest Rates and corresponding APYs may change at the bank's discretion.

On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009.



* Rates disclosed as Annual Percentage Rate (APR) and Annual Percentage Yield (APY). Farm Bureau, FB, and the FB National Logo are registered service marks owned by, and used by Farm Bureau Bank FSB under license from, the American Farm Bureau Federation. Farm Bureau Bank FSB is a service-to-member institution which provides banking services to Farm Bureau members and others in participating states. Services are not available in the following states: IL, KS, MI, MO, NY, OH, and WY.