Deposit Accounts

Personal Accounts

FREE CHECKING

$100 minimum to open account
Free debit or ATM card provided
No charge for using Baldwin State Bank ATM’s
Unlimited check writing and debit card use
No minimum balance required after initial $100 deposit
Monthly statement provided

REGULAR CHECKING

$100 minimum to open account
Monthly statement is provided including check images
Free debit or ATM card provided
No ATM charges
If balance falls below $1,000, a $.15 fee is charged for each debit over 30 per month

Monthly service charges are:

$5.00 if balance falls below $200
$4.00 if balance falls below $300
$3.00 if balance falls below $400
$2.00 if balance falls below $500
No monthly service charge if $500 balance is maintained

NOW CHECKING ACCOUNT

$100 minimum to open account
Monthly statement is provided including check images
No ATM charges
If balance falls below $1,000, a monthly maintenance fee of $6 is applied
If balance falls below $2,500, a $.15 fee is charged for each debit over 30 per month

$100 minimum to open account Monthly statement is provided including check images Interest bearing account, see Current Rates section Free checks $7.00 monthly maintenance fee if balance falls below $2,500 Six withdrawals allowed each month at no charge, with a $2.00 fee for each debit over six per month

REGULAR SAVINGS ACCOUNT

$100 minimum to open account
Statement is provided quarterly
Interest bearing account, see Current Rates section
$3.00 quarterly service charge if balance falls below $100
Six withdrawals allowed each month at no charge, with a $.50 fee for each debit over six per month.

VARIABLE RATE IRA

Minimum of $500 to open account
Interest bearing account, see Current Rates section
Unlimited deposits up to the maximum allowed contribution
Account matures every 24 months and in most cases automatically renews
Early withdrawal is subject to a bank penalty and in some cases, and IRS penalty

18 MONTH CD IRA

$500 minimum to open
Penalty on early withdrawal
See Current Rates section

CERTIFICATE OF DEPOSITS

$1000 minimum to open account
See Current Rates section

Commercial Accounts

COMMERCIAL CHECKING ACCOUNT

$100 minimum to open account
Monthly statement provided including check images
Earnings credit applies
$2 monthly maintenance fee is applied to all accounts
$0.20 per deposit item
$0.10 per debit item and $0.07 per transit item

NOW COMMERCIAL CHECKING ACCOUNT

$100 minimum to open account
Monthly statement provided including check images
Earnings credit applies
$3.00 monthly maintenance fee is applied to all accounts
$0.30 per deposit item
$0.13 per debit item and $0.075 per transit item

NON-CONSUMER MONEY MARKET ACCOUNT

$100 minimum to open account
Interest bearing account, see Current Rates
Unlimited deposits allowed
$7 monthly maintenance fee will be applied if account balance falls below $2,500
Six withdrawals allowed each month at no charge, with a $2 excessive withdrawal fee if more than six withdrawals per statement cycle