The State Bank of Drummond offers several types of checking accounts for use as your personal account or business account with features and benefits that will satisfy the requirements you expect. And for your convenience, our Instant Cash Card gives you accessibility nationwide. If you should have questions on any of these products, please contact us.

• Check Saver
• Classic Free
• Banclub
• Banclub Classic
• NOW
• Business
• Overdraft Protection

THE CHECK SAVER

• Minimum balance to open the account is $300
• Minimum balance required to avoid a service charge is $300. If the balance falls below $300 during the statement cycle, a slight $4.50 fee will apply
• Interest is not earned on this account
• Some features and benefits of this account are:
  • Cash and Check Card –FREE
  • Online Banking – FREE
  • Personally imprinted checks – charges and designs vary with your needs
  • Monthly statement and check safekeeping
  • Overdraft Protection Plan is available
  • Excellent account for consumers who want lower minimum balances

THE CLASSIC FREE

• Available to consumers age 60 and older
• Minimum balance to open the account is $100
• Interest is not earned on this account
• There are no minimum balance requirements
• Some features and benefits of this account are:
  • Cash and Check Card –FREE
  • Online Banking – FREE
  • Personally imprinted checks – charges and designs vary with your needs
  • Monthly statement and check safekeeping
  • Overdraft Protection Plan is available
  • Excellent account for consumers who want no minimum balance requirements.

N O W CHECKING ACCOUNT

• Minimum balance to open the account is $500
• Minimum balance required to avoid a service charge is $500. If the balance falls below $500 during the statement cycle, a slight $5 fee will apply
• Interest is earned daily and compounded monthly. The rate is variable and may change at any time
• Some features and benefits of this account are:
  • Cash and Check Card –FREE
  • Online Banking – FREE
  • Personally imprinted checks – charges and designs vary with your needs
  • Monthly statement and check safekeeping
  • Overdraft protection is available
  • Excellent account for consumers who want to earn interest with little cost involved.

BANCLUB

• Minimum balance to open the account is $50
• There are no minimum balance requirements
• Interest is earned daily and compounded monthly. The rate is variable and may change at any time.
• Monthly Plan Service Charges:

$7 Basic Plan:	Accidental Death Insurance* coverage of $10,000 is available plus all features listed below
$8 Personal Plan:	Accidental Death Insurance* coverage of $20,000 is available plus all features listed below
$9 Family Plan:	Accidental Death Insurance* coverage of $20,000 for member(s), $10,000 for spouse(s) and $1,500 for each dependent child is available plus all features listed below

• Features and benefits of this account are:
  • Personally imprinted checks are available. Charges vary with design
  • Cash and Check Card – FREE
  • Online Banking – Free
  • Monthly statement and check safekeeping
  • Fax and photocopy services half of regular fee
  • Many useful membership benefit programs
  • Excellent account for consumers who want a full service checking account at a low cost

* Insurance Product. Not a deposit Account. Not FDIC insured. Not insured by any Federal Government Agency. Not guaranteed by the bank.

BANCLUB CLASSIC

• Available to consumers age 60 and older
• Minimum balance to open is $500
• Minimum balance required to avoid a service charge is $500. If the balance falls below $500 during the statement cycle, a slight $7 fee will apply
• Interest is earned daily and compounded monthly. The rate is variable and may change at any time
• Monthly Plan Service Charges:

  $0.00 Basic Plan:	Accidental Death Insurance* coverage of $10,000 is available plus all features listed below
  $1.00 Personal Plan:	Accidental Death Insurance* coverage of $20,000 is available plus all features listed below
  $2.00 Family Plan:	Accidental Death Insurance* coverage of $20,000 for member(s),$10,000 for spouse(s) and $1,500 for each dependent is available plus all features listed below

• Features and benefits of this account are:
  • Personally imprinted checks are available. Charges vary with design
  • Cash and Check Card – FREE
  • Online Banking – FREE
  • Monthly statement and check safekeeping
  • Fax and photocopy service half of regular fee
  • Many useful membership benefit programs
  • Excellent account for consumers age 60 and older which offers a wide variety of services with very little cost

  *Insurance Product. Not a Deposit Account. Not FDIC Insured. Not insured by any Federal Government Agency. Not guaranteed by the bank.

BUSINESS CHECKING

• Monthly Statement with unlimited check writing
• A slight $5 monthly service fee
• $.10 per check you write
• $.05 per check deposited
• $.08 per electronic debit
• $.04 per electronic credit
• Cash and Check Card - FREE
• Online Cash Management program is available
• Analysis formula applies*

* The analysis formula is a simple format in which the costs associated with the account are offset by credits that are earned on the Average Collected Balance of the account during the statement period. The larger the balance, the larger the reduction of fees. The credits are similar in nature to the rate that is earned on our personal checking account.

• If you require a Non-profit Organization account:
  • A slight $5 monthly fee
  • The monthly fee is waived if the Average Collected Balance is above $500 for the statement period
  • Analysis formula is not used on this account
  • A very easy to understand and inexpensive account to use

OVERDRAFT PROTECTION

Our Overdraft Protection Program can safeguard you against costly, unplanned overdrafts. It features the automatic movement of funds to cover the unexpected and eliminates all the problems that come from being overdrawn. Please contact us for more information on this product.