|
Our Deposit and loan Products
|
| For Interest rates or disclosures regarding any of these accounts please call or stop by any of our offices. |
 Dreaming of the perfect get away but a little short on cash?
We can help!!
Call us today and ask about a home equity line of credit |
|
|
| At Community State Bank of Southwestern Indiana we offer a wide range of loans to suit your needs. We have well trained Loan Officers at each location that can handle your needs as they occur. Whether it be a loan for personal use or Commercial needs we've got you covered. Call or stop by any of our offices today to see what we can do for you. |
|
Below are just some of the types of loans we offer:
|
|
First Mortgage Loans
(Adjustable and Fixed Rate Loans)
Mobile Home Loans
Home Equity Line of Credit
|
|
|
|
|
|
Automobile and Truck Loans
|
|
Short Term Loans
Personal Loans
Education Loans
|
|
|
|
Commercial Operating Loans
Commercial Real Estate Loans
Construction Loans
Commercial Lines of Credit
|
|
Farm Equipment and
Farm Real Estate Loans
|
|
|
|
Farm Operating Loans
Dairy and Produce Operations
|
Benefit - With our partner (CBMS) we offer you the ability to accept Credit and Debit cards as a form of payment from your customers.
** CBMS states they will meet or beat your current processing fees or they will pay you $100. Please call any of our offices to get your free quote.
Benefit - With our partners TCM & Bankers Bank we offer you the ability to carry Credit cards with Community State Bank of Southwestern Indiana. We offer competitive interest rates and we also offer cards that accumulate points that can be used to receive free gifts.
Stop in at any of our offices to get your application today.
|
 Checking Accounts 
Regular Checking Account
Minimum balance to open the account - You must deposit $50.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge of $5.00 will be imposed each statement cycle if the daily balance falls below $300.00 any day of the cycle.
Now Checking Account
Minimum balance to open the account - You must deposit $500.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge of $8.00 will be imposed each statement cycle if the daily balance falls below $500.00 any day of the cycle.
Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum collected balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. No interest will be accrued on the days the collected balance is below the minimum of $500.00
Compounding and crediting frequency - We compound interest monthly and credit interest earned monthly (at the end of each statement cycle).
EZ Checking Account
Minimum balance to open the account - You must deposit $50.00 to open this account.
Minimum balance to avoid imposition of fees - There is no minimum balance fee if the account holder has at least $.01 in the ledger balance, uses a debit card at least once during the statement cycle, and gets their statements through email.
Account holder agrees to notify Community State Bank immediately of an email address change in writing by US mail to Community State Bank. If the email address is changed by electronic communication to Community State Bank, temporarily you may get a statement delivered by US mail until the email change can be confirmed. If the acount holder does not abide by these terms, Community State Bank will convert the account to a Consumer Checking Account. Statement Delivery - Monthly statement will be sent through secure email instead of through the US mail.
|
| |
|
 Savings Accounts
Christmas Club Savings Account
Minimum balance to open the account - You must deposit $5.00 to open this account.
Compounding and crediting frequency - Interest will be compounded annually and credited annually to your account (at the end of the account cycle).
Transaction limitations - No withdrawals are allowed during the account cycle. A fee of $10.00 will be charged for early withdrawal and the interest will be forfeited.
Statement Savings Account
Minimum balance to open the account - You must deposit $200.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge of $2.00 will be imposed each month if the balance falls below $200.00 any day of the month.
Minimum balance to obtain the annual percentage yield disclosed - Tiered interest rates on daily collected balances of:
| |
0 |
to
|
499
|
|
| |
500 |
to |
2,499
|
|
| |
2,500 |
to |
9,999
|
|
| |
10,000 |
to |
19,999
|
|
| |
20,000 |
to |
49,000
|
|
| |
50,000 |
and |
over
|
|
Compounding and crediting Frequency - Interest will be compounded every quarter and credited each quarter to your account.
Transaction limitations - You are limited to three (3) withdrawals per month. A fee of $2.00 per withdrawal will be imposed on each withdrawal over the limit.
|
|
 Money Market Accounts
Investor Money Market Account
Minimum balance to open the account - You must deposit $1,000 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $10.00 will be imposed each statement cycle is the balance falls below $1,000 any day of the cycle.
Minimum balance to obtain the annual precentage yield disclosed - Tiered interest rates on daily collected balances of:
|
| |
$ 0
|
to
|
$ 9,999
|
|
| |
10,000
|
to
|
24,999
|
|
| |
25,000
|
to
|
49,999
|
|
| |
50,000
|
to
|
99,999
|
|
| |
100,000
|
and
|
over
|
|
Compounding and crediting frequency - We compound interest monthly and credit interest earned monthly (at the end of each statement cycle).
Transaction limitations - Transfers from this Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six (6) per statement cycle (monthly) with no more than three (3) by check, draft or similar order to third parties.
Golden Money Market Account
Minimum balance to open the account - You must deposit $10,000.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $15.00 will be imposed each statement cycle if the balance falls below $10,000.00 any day of the cycle.
Minimum balance to obtain the annual percentage yield disclosed - Tiered interest rates on daily collected balances of:
|
|
$ 0
|
to
|
$ 9,999
|
|
|
|
10,000
|
to
|
24,999
|
|
|
|
25,000
|
to
|
49,999
|
|
|
|
50,000
|
to
|
99,999
|
|
|
|
100,000
|
and
|
over
|
|
Compounding and crediting frequency - We compound interest monthly and credit interest earned monthly (at the end of each statement cycle).
Transaction limitations - Transfers from this Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six (6) per statement cycle (monthly) with no more than three (3) by check, draft or similar order to third parties.
|
 Business Checking Accounts
Business Checking Account
Minimum balance to open the account - You must deposit $50.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge of $3.00 will be imposed each statement cycle if the daily balance falls below $300.00 any day of the cycle.
Analysis Charge - A charge of $.15 per debit item will be deducted from the earnings credit paid on the daily collected balance. The earnings credit rate is subject to change daily.
Business NOW Checking Account Sole-Proprietors Only
Minimum balance to open the account - You must deposit $500.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge of $8.00 will be imposed each statement cycle if the daily balance falls below $500.00 any day of the cycle.
Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum collected balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. No interest will be accrued on the days the collected balance is below the minimum of $500.00
Compounding and crediting frequency - We compound interest monthly and credit interest earned monthly (at the end of each statement cycle).
|
|
 Business Savings and Money Market Accounts
Statement Savings Account
Minimum balance to open the account - You must deposit $200.00 to open this account.
Minimum balance to avoid impostition of fees - A service charge of $2.00 will be imposed each month if the balance falls below $200.00 any day of the month.
Minimum balance to obtain the annual percentage yield disclosed - Tiered interest rates on daily collected balances of:
|
|
|
$ 0
|
to
|
499
|
|
|
|
500
|
to
|
2,499
|
|
|
|
2,500
|
to
|
9,999
|
|
|
|
10,000
|
to
|
19,999
|
|
|
|
20,000
|
to
|
49,999
|
|
|
|
50,000
|
and
|
over
|
|
Compounding and crediting frequency - Interest will be compounded every quarter and credited each quarter to your account.
Transaction limitations - You are limited to three (3) withdrawals per month. A fee of $2.00 per withdrawal will be imposed on each withdrawal over the limit.
Investor Money Market Account
Minimum balance to open the account - You must deposit $1,000.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $10.00 will be imposed each statement cycle if the balance falls below $1,000.00 any day of the cycle.
Minimum balance to obtain the annual percentage yield disclosed - Tiered interest rates on daily collected balances of:
|
|
$ 0
|
to
|
$ 9,999
|
|
|
|
10,000
|
to
|
24,999
|
|
|
|
25,000
|
to
|
49,999
|
|
|
|
50,000
|
to
|
99,999
|
|
|
|
100,000
|
and
|
over
|
|
Compounding and crediting frequency - We compound interest monthly and credit interest earned monthly (at the end of each statement cycle).
Transaction limitations - Transfers from this Money Market Account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six (6) per statement cycle with no more than three (3) by check, draft or similar order to third parties.
Golden Money Market Account
Minimum balance to open the account - You must deposit $10,000.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $15.00 will be imposed each statement cycle if the balance falls below $10,000.00 any day of the cycle.
Minimum balance to obtain the annual percentage yield disclosed - Tiered interest rates on daily collected balances of:
|
|
$ 0
|
to
|
$ 9,999
|
|
|
|
10,000
|
to
|
24,999
|
|
|
|
25,000
|
to
|
49,999
|
|
|
|
50,000
|
to
|
99,999
|
|
|
|
100,000
|
and
|
over
|
|
Compounding and crediting frequency - We compound interest monthly and credit interest earned monthly (at the end of each statement cycle).
Transaction limitations - Transfers from this Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six (6) per statement cycle with no more than three (3) by check, draft or similar order to third parties.
 Certificate of Deposit |
We offer the following CD terms:
|
Term
|
Minimum to open
|
Penalty for early withdrawal
|
|
3 Month
|
$500.00
|
30 days
|
|
6 Month
|
$500.00
|
90 days
|
|
1 Year
|
$500.00
|
180 days
|
|
18 Month
|
$500.00
|
180 days
|
|
2 Year
|
$500.00
|
180 days
|
|
30 Month
|
$500.00
|
270 days
|
|
3 Year
|
$500.00
|
270 days
|
|
4 Year
|
$500.00
|
365 days
|
|
5 Year
|
$500.00
|
365 days
|
|
Terms other than above may be available upon request
|
|
Greater Penalties may apply on
special rates or conditions
|
|
|
|
|
 IRA Certificate of Deposit |
|
Term
|
Minimum to open
|
Penalty for early withdrawal
|
|
18 Month TDOA
Variable Rate
|
$25.00
|
180 days
|
|
1 Year
|
$500.00
|
180 days
|
|
2 Year
|
$500.00
|
180 days
|
|
3 Year
|
$500.00
|
270 days
|
|
5 Year
|
$500.00
|
365 days
|
|
|
|
Greater Penalties may apply on
special rates or conditions
|
