Personal Banking

Regular Checking

Free

No minimum deposit required to open an account
No minimum balance required
No monthly service fees
Images are provided with monthly statements
Free Internet banking
Free debit card

Now Checking

$1,000 minimum deposit required to open account
Interest paid monthly
Maintain an average daily balance of $1,000 to avoid $5.00 service charge for the month
Images are provided with monthly statements
Free Internet banking
Free debit card

Regular Savings

Free

No minimum deposit required to open an account
No minimum balance required
No monthly service fees
Interest paid quarterly
Images are provided with quarterly statements
Free Internet banking

Money Market Savings

$1,000 minimum deposit required to open account
Interest paid monthly
Maintain a minimum balance of $1,000 to avoid $5.00 service charge for the month
Images are provided with monthly statements
Free Internet banking

Certificate of Deposit (CD)

Farmers State Bank of Turton offers a variety of terms and rates on a CD. Please call or stop in and talk to our friendly staff to find out the current rates.

Free Internet banking
Certificates are automatically renewable unless otherwise noted
A penalty may be imposed for early withdrawal

Individual Retirement Account (IRA)

An IRA is a type of account established to assist people with planning for their retirement needs. Generally, money put into an IRA cannot be taken out before age 59 1/2 without penalty from the IRS (there are exceptions to this rule).
Farmers State Bank of Turton offers the following types of IRA accounts:

Roth IRA
Traditional IRA
Educational IRA
SEP IRA (if you are the owner of a small business)
Free Internet banking

There is a minimum deposit amount of $100.00 to open any type of IRA. Farmers State Bank of Turton offers competitive rates on IRAs. Please call or stop in and talk to our friendly staff to find out the current rates.