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About The State Bank, Fenton Michigan
The State Bank, Fenton, Michigan
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 Savings & Money Market
Home   Savings & Money Market

Savings Accounts

Security means feeling safe financially, and we take that very seriously at The State Bank. It also means that we work closely with you to help ensure you will have financial security now and in the future -- part of being your financial partner for life.

 

Basic Savings

Minimum balance: $100
• Unlimited deposits
• Up to 15 in-person withdrawals per quarter, no charge - 16+ withdrawals $1 each
• Interest compounded quarterly
• $6.00 Quarterly fee if balance drops below minimum.

Moola Moola Savings

If you're under 18 years of age, you can earn interest on your money by opening a Moola Moola account with just $10. You'll also have:

• Unlimited deposits
• No maintenance fees
• Interest compounded quarterly
No minimum balance

Target Savings Account

• Savings for something special? Pick your dream target, weekly payment amount and maturity date and start saving today!
• Minimum opening balance is just $10
• No minimum monthly balance
• Earn more interest when you automatically deduct your payment from your checking account. Interest paid on maturity.
• Choose from Christmas Club Target Savings Account (matures on October 27th) or All Purpose Target Savings Account (matures on last business day of the month you select)

Prosperity Money Market Accounts

Minimum balance: $2,500
If balance drops below minimum, $10/monthly fee applies
• Premium interest rate
Interest compounded quarterly
Up to 6 withdrawals per month (1st - 4th: free, 5th and 6th: $5/ea)


 
 
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