Deposit Disclosures

Checking Accounts

Rewards Checking

1) $25.00 opening deposit and no minimum balance required. In order to receive the higher rate of stated interest, the following items need to post and clear your account each statement cycle by the last business day of the month: 1. eStatements (Valid email address required) on your Rewards Checking Account. A paper statement fee of $2.00 will be assessed monthly if you choose not to receive eStatements. 2) Log into FSB I-Banking. 3) Two Automatic Transfers (ACH Direct Deposit or Payment) each $100.00 or more and post to your Rewards Checking Account statement. 4) 15 or more FSB Credit Card purchases (excludes cash advances) with a minimum amount of $10.00 per transaction. Credit Card purchases must post to the FSB Credit Card statement by the25th of the current month. Transactions after the 25th cutoff will be applied to next month's totals. Transactions authorized during the month that do not post until the following month will be counted in the month during which they post. FSB credit card purchases do not run on the same cycle as your monthly rewards checking account statement. Example: Credit card purchases that have posted to the FSB credit card statement from March 26th-April 25th will qualify for the April monthly requirements. If one or any of the above listed items are not met each end of month statement cycle (4wks) an interest rate & APY of 0.01% will be paid on all balances. Account subject to change. See Bank or TIS for more details.

Gold Checking

2 - $25.00 opening deposit required. If the combined balance falls below $20,000 on any day in the statement cycle there will be a $12.00 Gold NOW minimum balance fee. Accounts combined in the total include Checking, Savings, Time accounts (CDs), Retirement Accounts, Auto, HELOC, Jr Home Equity, FSB Credit Cards and qualifying outstanding personal loans. One account per household. Account subject to change. See Bank or TIS for more details.

Loyalty Checking

3 - $25.00 opening deposit and no minimum balance required. In order to receive the higher rate of stated interest, the following items need to post and clear your account each statement cycle by the last business day of the month: eStatements (Valid email address required) A paper statement fee of $2.00 will be assessed monthly if you choose not to receive eStatements; log in to FSB Ibanking; Two Automatic Transfers (ACH Direct Deposit or Payment); & 15 Debit Card Transactions (Excludes ATMs) with a minimum amount of $10.00 per transaction. If the previously mentioned items are not met, then a lower APY & interest rate of 0.01% will be earned on all balances. Account Holder must have, or open, one additional primary or secondary account relationship other than the FSB Loyalty Checking, debit card, & Ibanking. Account subject to change. See Bank or TIS for more details.

Green Checking

4 - $25.00 opening deposit and no minimum balance required. To obtain the $5.00 monthly reward you must meet the following criteria monthly:  Minimum of 15 debit card transactions (excludes ATMs) with a minimum amount of $10.00 per transaction. Transactions must be posted by the last business day of the month. You also must receive eStatements monthly (with a valid email address). If the above two items are completed by the last business day of the month $5.00 will be credited to your account by the 15th of the following month. Account subject to change. See Bank or TIS for more details.

Savings Accounts

FSB Savings

5 - Minimum opening deposit is $100.00. If your average collected monthly balance falls below $100.00 in the statement cycle, your account will be subject to a $1.00 Minimum Average Balance Fee for that month. If you elect to receive paper statements a paper statement fee of $2.00 will be assessed each month. Electronic statements and Notices are provided at no charge. See Bank or TIS for more details.

Smart Savings

6 - Minimum opening deposit and minimum balance is $100.00. If your average collected monthly balance falls below $100.00 in the statement cycle, your account will be subject to a $1.00 Minimum Average Balance Fee for that month. If you elect to receive paper statements a paper statement fee of $2.00 will be assessed each month. Electronic statements and Notices are provided at no charge. Eligible until the age of 17 unless paired with a FSB checking account then to age of 24. See Bank or TIS for more details.

Money Market Accounts

7 - Minimum opening deposit and minimum balance is $1,000.00. If your average collected monthly balance falls below $1,000.00 in the statement cycle, your account will be subject to a $10.00 Minimum Average Balance Fee for that month. Fee subject to Iowa State and Local sales tax. See Bank or TIS for more details.

HSA

9 - Must be enrolled in a high deductible health plan (HDHP). HSA rules are often complex. The total amount you may contribute per year cannot exceed the published annual limit. Refer to www.IRS.gov or consult a tax professional for additional information. If you average collected monthly balance falls below $100.00 in the statement cycle, your account will be subject to a $1.00 Minimum Average Balance Fee. If you elect to receive paper statements a paper statement fee of $2.00 will be assessed each month. Electronic statements and Notices are provided at no charge. The following fees apply to this account: HSA Outgoing Transfer Fee: $50.00; and HSA Over Contribution Fee: $10.00. See Bank or TIS for more details.

CDs - Certificate of Deposit

8 - CDs less than 1 year - Early withdrawal penalty equal to CD term. Interest compounds every 3 months. CDs 1 year or greater - Early withdrawal penalty equal to 12 months interest. Interest compounds every 6 months. Bump Up CD - At your discretion, you may elect to increase the interest rate and resulting APY once during the initial term of the CD to the prevailing 2-year CD rate for the remainder of the original CD. Automatically renews into 2 year CD. See Bank or TIS for more details.

+IRA Umbrella plans with less than $5,000.00 will receive an IRA minimum balance fee of $60.00 annually.  (plan is one or multiple CDs in a Roth or Traditional IRA umbrella).