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First State Bank

Routing Number: 073921543

Savings

Young people in a business

Christmas Club Account

  • Initial opening deposit-at least $1.00
  • Minimum weekly, biweekly or monthly deposit is required $1.00
  • All additional deposits must be funded by automatic transfer from a First State Bank, Belmond, IA checking or savings account.
  • If any withdrawal is made from this account before October 15, this account will be closed (unpaid accrued interest will not be credited).
  • Interested is paid on the collected balance plus accrued interest that is unpaid, compounded daily using the Daily Balance Method and credited to the account annually (on or before October 15).
  • Rate of interest-Variable