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A Metamora State Bank Statement Savings account is a great way to start saving for the future, plus you have access to your money when you need it - without withdrawal penalties. The minimum balance to open a Statement Savings account is $25.00. This interest-bearing savings account accrues interest daily and credits interest quarterly. If you close your account before interest is credited, you will not receive the accrued interest.

This account carries no monthly maintenance fee when either the minimum monthly balance is $200 or more, you are age 62 and over, under the age of 18 or a full-time student. Unlimited Metamora State Bank ATM transactions at no charge.

Should the balance not be maintained, the monthly maintenance fee is $3.00.

The following transaction limitations do apply:  six (6) over the counter withdrawals at no charge. More than six (6) over the counter withdrawals per month $5.00 each. 

You may make only six (6) preauthorized transfers or withdrawals from your account per month. Preauthorized transfers include telephone transfers and automatic deductions and will be considered paid in the month they are posted to the account. A charge of $30.00 will be applied to an account closed within 6 months of opening.

Do you want higher interest rates without tying up your money? Stop in and ask about our Premier Money Market Savings. This tiered interest rate account offers several interest rates, depending on your balances. Interest rates and terms many change at any time. 

The minimum to open this account is $1,000. The account carries no monthly maintenance fee when the minimum monthly balance of $5,000 is maintained. Should the balance not be maintained, the monthly maintenance fee is $10.00. A charge of $30.00 will be applied to an account closed within 6 months of opening. Interest accrues daily and is credited monthly. If you close your account before interest is credited, you will not receive the accrued interest. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). 

The following transaction limitations do apply:

You may make only six (6) preauthorized transfers or withdrawals from your account each statement period, which may be checks, drafts, debit card (if applicable) or other payments to third parties. In addition to checks, preauthorized transfers include telephone transfers and automatic deductions set up with third parties. Automatic deductions and checks will be considered paid in the statement period they are posted to the account. We charge a $5.00 fee for each check, preauthorized transfer, electronic debit, or withdrawal over the limit.