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Melvin, Iowa
Main Branch
P.O. Box 188
Melvin, Iowa 51350
(712)736-2420
(800)736-7474
M-F 9am-4pm
Sat 9am-Noon

Sibley, Iowa
721 2nd Ave.
Sibley, Iowa 51249
(712)754-2535
Lobby Hours
M-T 8am-3pm
Fri 8am-5pm
Sat-By Appointment
Drive-Up Hours
M-T 7:30am-5:30pm
Fri 8am-5pm
Sat 8am-Noon

 
Melvin Savings Bank Personal Banking

Checking Accounts

REGULAR CHECKING ACCOUNT
Minimum balance $100.00 and above - No Service Charge. Below $100.00 - $2.00 per month plus $.15 per check after 20.

NOW CHECKING ACCOUNT
Minimum balance $100.00 and above - No Service Charge. Below $100.00 - $8.00 per month.

SUPER NOW CHECKING ACCOUNT
Minimum balance $500.00 and above - No Service Charge. Below $500.00 - $8.00 per month.

MONEY MARKET CHECKING ACCOUNT
General: Minimum balance $1000.00 and above - No Service Charge. Below $1000.00 - $5.00 per month.

Account Fees: There is no service charge when you maintain a minimum balance $1000.00 and above. A service charge for maintenance of $5.00 will be imposed every month if the balance of your account falls below $1,000 any day of the month. All transfers in excess of 6 will be $3.00 each.
Limitations: You may make 6 transfers from your account to a third party each 4 week or similar period, if by preauthorized or automatic transfer, or telephone agreement, or by check, draft, debit card, point of sale or similar order. All transfers in excess of 6 will be $3.00 each. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

$ENIOR $PIRIT CHECKING ACCOUNT
Special account for persons who have celebrated at least 55 birthdays and now have time for a "little fun". See us for more details. (Brochures available)

SENIOR CHECKING ACCOUNT
No charge if over 55 years old.

VALUE CHECKING ACCOUNT
6 checks or less - No Service Charge. Over 6 checks - $3.00 per cycle.

STUDENT CHECKING ACCOUNT
No charge

NONPROFIT ORGANIZATIONS
No charge

PUBLIC ORGANIZATIONS
No charge

+ The interest rate and annual percentage yield may change after account opening.

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Savings Accounts

General: There is no minimum balance.
Account Fees: There is no service charge for the first 5 monthly withdrawals. Withdrawals in excess of 5 per month will be $1.50 each.
Limitations: You may make 6 transfers from your account to a third party each 4 week or similar period, if by preauthorized or automatic transfer, or telephone agreement, or by check, draft, debit card, point of sale or similar order. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.


+ The interest rate and annual percentage yield may change after account opening.
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Individual Retirement Accounts and Health Savings Accounts

No Service Charge

+ The interest rate and annual percentage yield may change after account opening.
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Other Services

DIRECT DEBITS
No charge

DIRECT DEPOSITS
No charge

NIGHT DEPOSITORY
No charge

MONTHLY STATEMENTS
No charge

CUSTOMARY NOTARY SERVICE
No charge

FINANCIAL COUNSELING
No charge

SAVINGS BOND REDEMPTION
No charge

DDA OVERDRAFT CHARGE
"Created by check, in-person withdrawal, ATM withdrawal, or other electronic means" as applicable, $24.00 per item

DDA RETURN CHECK HANDLING CHARGE
$25.00 per item

STOP PAYMENT
$18.00 each

WIRE TRANSFERS
Outgoing $19.00
Incoming No Charge

AUTOMATIC TRANSFER CHARGE
To avoid an overdraft charge we can make an automatic transfer from your savings account to your checking account. Minimum $250.00 - No Charge. Less than $250.00 - $2.00 per transfer.

DEBIT/ATM SERVICE FEES
See us for details. (Disclosure and application available)

COLLECTION OF CHECKS AND DRAFTS
Outgoing $10.00
Incoming $15.00

BANK DRAFTS
Money orders - $3.00 each
Cashier's and Certified Checks: Customers - 3 checks or less per month - No Charge. Over 3 checks per month - $7.00 each.

RESEARCH
$35.00 per hour

GARNISHMENTS AND LEVIES
$25.00

NON-CUSTOMER NOTARY FEE
$2.00

NON-CUSTOMER CHECK CASHING FEE
$2.00 PER $100.00 MINIMUM $2.00

FAX MACHINE
Outgoing $1.00 per page
Incoming $1.00

SAFE DEPOSIT BOXES
3x5 - $13.00 per year
5x5 - $15.00 per year
3x10 - $17.50 per year
5x10 - $25.00 per year
11x10 - $57.00 per year

SDB DRILLING FEE and SDB KEY REPLACEMENT
Market Price

NON-CUSTOMER COIN COUNTING
10%

VISA TRAVEL CARD
$9.95
Reload $4.95

GIFT CARD
$4.95

+ The interest rate and annual percentage yield may change after account opening.
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Created on 01/30/2007 12:11 PM by msbadmin
Updated on 04/29/2014 01:20 PM by msbadmin
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