Get Connected!
Waldo State Bank Personal Online Banking
Cash Management
Bill Pay
Personal Banking
Business Banking
Online Banking
Loans & Mortgages
Convenience Services
Investments
About Us
Home

 Savings Accounts

Regular Savings

  • A minimum deposit of $5.00 is required to open this account.
  • You may make unlimited in-person withdrawals. You may make up to six (6) pre-authorized, automatic or telephone transfers per month.
  • We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
  • Interest will be compounded and credited to your account quarterly. If you close your account before interest is credited, you will not receive the accrued interest.
  • Interest begins to accrue no later than the business day we receive credit for the deposit on non-cash items (checks).
  • You must maintain a minimum balance of $50.00in the account each day to obtain the disclosed annual percentage yield.
  • Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time.
  • Contact us for current rates.

Money Market Investment Accounts

  • A minimum deposit of $2500.00 to open this account.
  • You must maintain a $2500.00 balance in the account each day to avoid a monthly maintenance fee of $5.00.
  • You may make no more than six (6) pre-authorized or telephone transfers per month, and no more than six (6) of the transfers and withdrawals may be payments by check, draft, or similar order to third parties.
  • We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest will be compounded and credited at statement time or date the account is closed.
  • Interest begins to accrue no later than the business day we receive credit for the deposit on non-cash items (checks)
  • This is a tiered account and the interest rate may vary depending upon the balances maintained. The tiers on the account is as follows:
    • $0 - $2,500.99 __________INTEREST RATE ___________APY
    • $2,501 - $10,000.99 __________INTEREST RATE ___________APY
    • $10,001 - $25,000.99 __________INTEREST RATE ___________APY
    • $25,001 - $50,000.99 __________INTEREST RATE ___________APY
    • $50,001 - $100,000.99 __________INTEREST RATE ___________APY
    • $100,001 - Over __________INTEREST RATE ___________APY
  • Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time.
  • Contact us for current rates.

Christmas Club

  • Interest will be paid annually. If you close your account before interest is credited, you will not receive the accrued interest.
  • We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day from the first day of the deposit.
  • Contact us for current rates.

FDIC
Waldo State Bank
HomePrivacy PolicyTerms of Use USA PATRIOT Act Information
Personal BankingBusiness BankingOnline BankingLoans & Mortgages
Convenience ServicesInvestmentsAbout UsIdentity Theft

Equal Housing Lender
NOTICE: Waldo State Bank is not responsible for and has no control over the subject matter, content, information, or graphics of the web sites that have links here. The portal and news features are being provided by an outside source - The bank is not responsible for the content. Please contact us with any concerns or comments.