Services
Checking/Savings
Senior Checking: Over
the age of 62, no minimum balance and no service charge
Student Checking:
No minimum balance and no service charge
Premier Checking: FREE checks, bank
money orders, and Visa Travel Card for $5.50 a month
Premier 55 Checking: FREE checks, bank money
orders and Visa Travel Card with a $500.00 minimum balance.
NOW account: $1000.00 minimum balance, interest
will be credited to your account every month
Super NOW account: $2500.00 minimum balance,
interest will be credited to your account every month and unlimited
checks
Money Market account: $2500.00 minimum balance,
interest (at a higher rate than Super NOW) will be credited to your account every month
and limited to 3 checks a month
Savings account: Competitive interest rate,
interest will be compounded and credited to your account every
quarter. You must deposit $5.00 to open this account. A
miscellaneous charge fee of $2.00 will be charged for each
withdrawal in excess of two during one month
Certificates of Deposit
3 month |
6 month |
1 year |
18 month |
|
2 year |
30 month |
3 year |
4 year |
5 year |
IRA's
Traditional IRA: Tax deductible retirement plan
Roth IRA: Non deductible retirement plan, tax
free at withdrawal
SEP: Simplified Employee Pension contributions
made by employer for employees
Account and terms are subject to change. Please
ask us about other details.
Trust Service:
Prepare your family's future financial security today. The
State Bank of Arthur and it's experienced staff can provide a full
range of personal trust services including:
-
Revocable Living Trust:
The State Bank of
Arthur serves as Trustee under an agreement with an individual.
State Bank of Arthur safeguards assets, advises on investments,
collects and distributes income, keeps records and provides
reports. Trust can save you time, taxes, expenses and help you
avoid probate.
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Trustee For Foundations and Endowments: State
Bank of Arthur is named trustee or investment manager of assets
donated to public or private charitable organizations.
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Personal Representative: Formally known as
executor or administrator, State Bank of Arthur is named in a
person's estate or is appointed to act as agent for the personal
representative. State Bank of Arthur is then responsible for
collecting, safeguarding, investing and distributing assets,
settling claims and paying taxes, and providing accounting to
the heirs.
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Farm Management: The State Bank of Arthur's
farm management program is tailored to landowners who are not
involved in the hands on farming operation. The State Bank of
Arthur serves as an asset manager and represents landowners to
help them meet their goals and objectives. We have a proactive
approach to farm management emphasizing stewardship, production,
efficiency, marketing, communication and accounting.
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Land Trusts: The State Bank of Arthur provides
land trust services which is an agreement where real estate
property is transferred to a trustee (State Bank of Arthur)
P.O. Box 375 -
411 S. Vine St. - Arthur, Illinois 61911
Phone:
217-543-2111 Fax: 217-543-3283
Touchtone Teller: 217-543-2324