Iowa Banks | Solon State Bank

Solon State Bank offers a variety of options from regular checking to Christmas Club accounts:

FREE CHECKING

REGULAR CHECKING ACCOUNT

$100 opening deposit.
If daily balance falls below $100 there is a monthly maintenance fee of $5.00.
These fees do not apply to account holders age 18 and younger or 62 and older if notified, or if there are six debits or less during a statement cycle.
Check images returned monthly.

HOMETOWN CHECKING ACCOUNT OPTION 1

$100 opening deposit
If the balance falls below $100, there is a monthly maintenance fee of $7.00
This account features the first 50 checks for free, unlimited check writing capabilities, and check safekeeping
This account includes $5,000 Accidental Death and Dismemberment Insurance

For additional benefits, please contact Solon State Bank.

HOMETOWN CHECKING ACCOUNT OPTION 2

$100 opening deposit
There is a membership fee of $6.00 per calendar month with no minimum balance requirement.
Hometown Checking Logo checks are provided FREE of charge.
Money orders, cashier's checks, and traveler's checks are also provided free of charge with this account.
Check images returned monthly.
This account includes $10,000 Accidental Death and Dismemberment Insurance.

For additional benefits, please contact Solon State Bank.

HOMETOWN CHECKING ACCOUNT OPTION 3

$100 opening deposit
There is a membership fee of $8.00 per calendar month
No minimum balance requirement
Hometown Checking Logo checks are provided FREE of charge.
$20,000 Accidental Death and Dismemberment Insurance included for members; $10,000 for spouse; and $1,500 per child
Money orders, cashier's checks, and traveler's checks are also provided free of charge with this account.
Check images returned monthly.

For additional benefits, please contact Solon State Bank.

HOMETOWN CHECKING NOW ACCOUNT

$1,000 opening deposit
The same benefits as listed for Hometown Checking Account Option 2 and 3 apply to this account
If the daily balance falls below $1,000 or the average daily balance falls below $1,500, there is a monthly maintenance fee of $7.50
There is also a membership fee of $6.00 or $8.00 per statement cycle, depending on the amount of insurance coverage obtained
Check images returned monthly.

PERSONAL NOW ACCOUNT

$1,000 opening deposit
If the daily balance falls below $1,000 or the average daily balance falls below $1,500, there is a monthly maintenance fee of $7.50
Check images returned monthly.

HI-FI ACCOUNT

$2500 opening deposit
If the daily balance falls below $2,500, there is a monthly maintenance fee of $10.00
A withdrawal penalty of $10 will be imposed for each withdrawal under $500
Three checks or six transfers are allowed per month
Withdrawals completed at the teller windows are not chargeable
Check images returned monthly.

A SAVINGS ACCOUNT

$50 opening deposit
If the daily balance falls below $50, there is a monthly maintenance fee of $0.50. This fee will not be imposed on accountholders under the age of 18
Interest accrues on the minimum balance of $50
A debit fee of $1.00 will be charged for each debit transaction in excess of six during a calendar month.
Accountholders 12 and younger require an opening deposit of $10 and interest accrues on the minimum $10 balance.

CHRISTMAS CLUB

Account fees are subject to Iowa State Sales Tax

Main Bank
126 S. Market Street
P.O. Box 129
Solon, Iowa 52333
Phone: (319) 624-3405
Fax: (319) 624-3407

Tiffin Branch
444 E. State Street
P.O. Box 440
Tiffin, Iowa 52340
Phone: (319) 545-2226
Fax: (319) 545-1507

Ely Branch
1540 State Street
P.O. Box 166
Ely, Iowa 52227
Phone: (319) 848-4181
Fax: (319) 848-7433