STATEMENT SAVINGS
Minimum balance to open - $150.00, Interest compounds daily and is added in quarterly.
Minimum Daily Balance less than $150 - $2.00/mo svc chg, Paper Statement $2.00 monthly/qrtly (waived if over 62)
| Benefits | Monthly Service Charge waived if: |
|---|---|
| E-Statements | Account relationship including checking, CD, IRA or loan |
| Digital Banking | Minor (17 years or younger) |
| Mobile Banking | Senior Citizen (62 and older) |
| Not-for-Profit Organizations |
MONEY MARKET SAVINGS
Minimum balance to open account...$2,500
Interest compounds daily and added in quarterly
Lower interest rate earned for balances below $2,500.00
Paper Statement
$2.00 Monthly (waived if over age of 62)
| Minimum Daily Balance | Monthly Svc. Charge | Benefits |
|---|---|---|
| $ 0.00 - $2,499.99 | $6.00 | E-Statements |
| $2,500 or more | None | Digital Banking |
CHRISTMAS CLUB
- Save for Christmas all year long!
- Interest compounds daily and is credited one time in September
- You can set up automatic transfers from your Kentland Bank checking and savings accounts
CERTIFICATES OF DEPOSIT (CDS)
- We offer many different terms and rates to fit meet your needs
- Interest compounds daily
- Interest can be credited back to your CD, transferred to your Kentland Bank checking or savings account, or a check can be cut and mailed to you
| Terms | Minimum Balance |
|---|---|
| 3 month | $2,500 |
| 6 month | $2,500 |
| 1 year | $2,500 |
| 18 month | $2,500 |
| 2 year | $2,500 |
| 30 month | $2,500 |
| 3 year | $2,500 |
