Deposit Accounts

Checking Accounts

Regular Checking

Allows you the freedom of writing as many checks as you want. To avoid service charges, maintain an average daily balance of $200.00 or have a monthly direct deposit from a payroll, social security, or retirement. You must deposit at least $50.00 to open this account. If your balance drops below the average $200.00 balance, there is a $5.00 monthly fee and a $ .15 per item fee.

NOW Checking

An interest bearing account that offers all the benefits of regular checking, but you must deposit $1,000.00 to open this account and maintain an average daily balance of $1,000.00. If your balance drops below the average $1,000.00 balance, you will still earn interest, but will be charged a $7.00 monthly fee and a $ .15 per item fee.

SUPERNOW Checking

Earns a higher interest rate while still offering all the benefits of regular checking, but you must deposit $5,000.00 to open this account and maintain an average daily balance of $2,500.00. If your balance drops below the average $2,500.00 balance, you will still earn interest, but will be charged a $10.00 monthly fee and a $ .15 per item fee.

Student Checking

Offers totally free checking with no minimums required as long as you are a student in high school or college. You must deposit $25.00 to open this account. After college graduation, you'll receive a notice from the bank about the account converting to our regular account. You'll receive a notice 30 days in advance along with our Regular Checking Account Disclosure.

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Savings Accounts

Passbook Savings

This account is for the customer who wants to earn interest on his or her money, but have immediate access to it. You must deposit $25.00 to open this account. Interest will be posted to your account semi-annually on the last business day of May and the last business day of November. You will be limited to 6 pre-authorized transfers a month. There are no limitations to the number of deposits or withdrawals in person.

Christmas Club Account

We offer an account to help you save money for Christmas. We can set up automatic amounts to be deposited to this account each week, month, or pay period, or you can make regular deposits. Interest will be posted to this account semi-annually on the last business day of April and the last business day of October. You cannot withdraw funds from this account. A check will be issued for your account balance, including interest on November 1st of each year.

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Debit Card

Visa Check/Debit cards are offered on all of our checking and passbook savings accounts. The Visa Check/Debit Card is an ATM card but may also be used for purchases at any merchant displaying a VISA logo. The Visa Check/Debit card lets you withdraw funds from your checking account without having to use a check. You may also withdraw funds from your savings account at an ATM machine. There is a fee for ATM withdrawals, transfers, and inquiries. For your protection, your Visa Check/Debit card will have a daily withdrawal and purchase limit.

If your check/debit card is lost or stolen contact the bank immediately at 308-425-6225. If you are calling after regular banking hours to report a lost or stolen card, call Elan at 1-866-842-5208.

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Individual Retirement Accounts

Individual Retirement Accounts are a great way for customers to save for retirement. IRA's are basically savings accounts with terms and variable interest. We offer Traditional Individual Retirement Accounts. This type of account is subject to certain retirement account qualifications. Stop in or call to speak with us about an IRA account.

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Certificates of Deposit

A Certificate of Deposit is similar to a savings account but with a higher interest rate and a fixed term. There is a wide range of terms and interest payment options. Customers earn a guaranteed interest rate when the funds are left in the account for a fixed period of time. We offer terms from 14 Days up to 48 months. It is intended that the CD be held until maturity, at which time the money may be withdrawn with the accrued interest, or it can automatically renew for the same term at the current rate. CD's have a minimum opening deposit requirement. You may or may not be subject to an early withdrawal penalty if CD is cashed before maturity.

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