Personal Savings

Solon State Bank offers a variety of savings account options.

View Deposit Rates

Account Types

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
  • Account holders 12 and younger require an opening deposit of $10 and interest accrues on the minimum $10 balance

 

Christmas Club

  • $10 opening deposit
  • Interest accrues on the minimum balance of $10
  • There is a penalty for early withdrawal
  • Christmas Club Accounts mature annually on October 31

Account fees are subject to Iowa State Sales Tax.