Feature Passbook Statement Holiday Money Market
Minimum Balance $25.00 $25.00 None $7.00 Monthly Fee if average daily balance is below $1,000.00
Interest Daily Interest, paid quarterly Daily Interest, paid monthly Simple Interest, paid Annually on November 1st Daily Interest, paid monthly
Rate Subject to change monthly Subject to change monthly Subject to change monthly, penalty for early withdrawal Subject to change monthly
Checks N/A N/A N/A Free starter checks, Check Safekeeping available
Transfer Limits No automatic transfers allowed Limit of 6 pre-authorized or automatic transfers per month Automatic deposits available – maximum of $50.00 per week Limit of 6 pre-authorized or automatic transfers per month
Statements Present Passbook for deposits/withdrawals Monthly Annually Monthly
Money Orders $1.50 – $5.00 fee $1.50 – $5.00 fee $1.50 – $5.00 fee No Fee

State Bank of Richmond
Richmond, Minnesota

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