Money Market Savings $2,500 minimum initial balance$2,500 minimum daily balance for "money market" rates (rates may change daily)Interest paid on collected balance & compounded monthly, (rates may change daily)If balance falls below $2,500 daily balance, interest rate changes to passbook rateHigher interest rates paid for balances over $10,000, $50,000, $100,000 and $200,000Monthly statement issued
Savings $5.00 minimum balance requiredInterest compounded daily and paid quarterly, rates may change dailyQuarterly statement issued
Kid's Club Savings
SAVING MONEY CAN BE FUN! All kids 12 and under can become members of the Glenwood State Bank Kid's Club. $5.00 minimum balance required to open accountInterest compounded daily and paid quarterly, rates may change dailyReceive a free Kids Club t-shirt when you open an accountPick a treasure out of the Kid's Club treasure chest each time you make a depositQuarterly statement issued
Christmas Savings Account
Plan ahead for your holiday expenses with a Glenwood State Bank
Christmas Savings Account! $5.00 minimum deposit to openEarn a premium rate on your investment (maximum balance of $2,750)Interest accrued daily and credited annuallyFlexible options for periodic deposits to build your savingsFunds disperse in a lump sum on November 15th each year, just in time to start your Christmas shopping!Limit one account per customer
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