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First National Bank of Cokato

First National Bank of Cokato

Savings

 

Optimize Your Business Cash Flow

Maximize your excess funds with our Savings* accounts, designed specifically for businesses like yours. Enjoy competitive rates and flexible cash management solutions. Our team is here to help you make the most of your hard-earned cash! Visit us today to open an account and take control of your business finances.

Regular Savings

  • Interest earning account, rate may vary.
  • Interest is compounded and credited to the account quarterly.  Interest is not paid when balance falls below $50.
  • $50 minimum balance - If your balance falls below the minimum any day during the month, a $1 fee will be assessed for the month.
  • Choice of electronic or paper statement, provided quarterly. If an electronic transaction occurs during any month, a statement will generate.

Money Market Savings 

  • Interest earning account, rate may vary.
  • Interest is compounded and credited to the account quarterly.
  • No service charge if a balance of $2,500 is maintained.
  • $2,500 minimum balance - If your balance falls below the minimum any day during the month, a $5 fee will be assessed for the month.
  • Choice of electronic or paper statement, provided quarterly. If an electronic transaction occurs during any month, a statement will generate.

*Other terms and conditions apply. Contact us for further details.