At Kahoka State Bank, we understand that you’ve got a lot on your plate. That’s why everything we do is designed to make your life—and your banking experience—better. You’ll notice the Kahoka State Bank difference every time you bank with us: comfortable banking centers, shorter lines, convenient drive-thru access and employees know your name and are passionate about providing unmatched personal service.

Personal Savings Account Information

Savings Accounts
Minimum to Open
*Interest Paid Avg Daily Balance
Withdrawals
Service Charge / Minimum Balance
Interest Paid
Average Daily Balance
Account Benefits
Free Online Banking, Free Mobile Banking
Passbook*
$50 Min to Open
6 “covered” and Unlimited “non-covered” PER MONTH **
$1 if balance Below $50, $1 / excess withdrawals
Paid Quarterly.
NO interest accrues on balances below $50
Minimum balance maintenance fee waived for minors (under age 18), Quarterly statement provided. May have ATM card
Money Market*
$2,500 Min to Open
6 “covered” and Unlimited “non-covered” PER MONTH **
$5 if balance Below $2,500, $5 / excess withdrawals
Paid Monthly
Checks are available to write on account, Monthly statement provided.
(ATM Card & Debit Cards not offered on this account)
Christmas Club
$1 Min to Open
Only at Maturity
None
Paid @ Maturity
You set your own monthly payment amount, start October and receive check next October. Interest calculated by the daily balance method.
Vacation Club
$1 Min to Open
Only at Maturity
None
Paid @ Maturity
You set your own monthly payment amount, start May and receive check next May. Interest calculated by the daily balance method.
Back to School Club
$1 Min to Open
Only at Maturity
None
Paid @ Maturity
You set your own monthly payment amount, start Aug and receive check next Aug. Interest calculated by the daily balance method.

**Withdrawals Limited to Six Transactions per Month.  
Limited withdrawals include:  Transfers or withdrawals to another account of the same depositor at the same bank or to a third party if made by: preauthorized transfer (recurring & ACH), automatic transfer (auto OD transfer), telephone, fax, or on-line banking transactions, & transfers to third party if made by check, draft, debit card POS or other similar order, are all “covered withdrawals”.
Unlimited withdrawals include: Transfers from one account to another account of the same depositor or withdrawals from the account if made by:  in-person, use ATM machine, mail &/or messenger instructions, made by telephone via check mailed to the depositor, transfers into the account,  & transfers by phone or in person to pay loan on same bank are “non-covered withdrawals”.  The account will be charged $1.00 per debit if more than the six limited transactions are used per month.  Note:  Kahoka State Bank has the right to close or convert an account for excessive overuse (in violation if over 3 times in a 12-month period) of the account.