Regular Checking:


  • This account will not earn or be paid interest
  • A monthly service charge of $3.00 will be charged each statement cycle for those receiving paper statements. The monthly fee will be waived for those receiving electronic statements.

NOW Account Checking:


  • This account must have $1,000.00 minimum balance to open account
  • A NOW low balance fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle
 Checking Rate Information:
  • The interest rate and annual percentage yield may change at any time
  • Interest will be compounded and credited to the account each statement cycle.
  • A minimum balance of $1,000.00 must be maintained in the account each day to obtain the disclosed annual percentage yield
  • The daily balance method is used to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.
  • Interest begins to accrue on the business day noncash items are deposited (for example, checks).

SUPER NOW Checking Account:


  • This account must have $2,500.00 minimum balance to open account
  • A SUPER NOW low balance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle
 Checking Rate Information:
  • The interest rate and annual percentage yield may change at any time
  • Interest will be compounded and credited to the account each statement cycle.
  • A minimum balance of $2,500.00 must be maintained in the account each day to obtain the disclosed annual percentage yield
  • The daily balance method is used to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.
  • Interest begins to accrue on the business day noncash items are deposited (for example, checks).

Money Market Checking Account:


  • This account must have $2,500.00 minimum balance to open account
  • A MONEY MARKET low balance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle
  • TRANSACTION LIMITATION - Transfers from a Money Market account to another account or to third parties by preauthorized, automatic or telephone transfers are limited to six per statement cycle.
 Checking Rate Information:
  • The interest rate and annual percentage yield may change at any time
  • Interest will be compounded and credited to the account each statement cycle.
  • A minimum balance of $2,500.00 must be maintained in the account each day to obtain the disclosed annual percentage yield
  • The daily balance method is used to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.
  • Interest begins to accrue on the business day noncash items are deposited (for example, checks).
Please contact an associate at the Swedish-American State Bank for the most current rate information.

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