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Now is the time to take charge of your financial future. We will help you set financial goals and help you achieve them, whatever they may be. From basic checking accounts to money markets, certificates of deposit, our experienced professionals can help devise a plan that’s right for you. Check out some of our products below.

Advantage Checking

  • No minimum deposit to open
  • No minimum daily balance and no monthly service charge1
  • No limit to the number of checks that may be written per month
  • No charges per check written
     

 

1  Fees, such as overdraft charges, and fees for special services may apply.

Charter Checking Account™

You qualify if you have $5000 in a personal State Bank of the Lakes account OR real estate loan (home mortgage or home equity loan) with us.

With our Charter Checking Account™ you receive these exclusive benefits:

  • FREE interest-bearing checking account with no minimum
    opening deposit, no minimum monthly balance requirement and no
    monthly service charge1.
  • Your first box of State Bank of the Lakes logo checks is FREE
    and subsequent reorders are available at a reduced cost (or
    receive 50% off your first box of designer checks).
  • Receive an extra .125% on our current fixed-rate certificates
    of deposit APY 2
  • FREE cashier's checks and money orders.
  • NO ANNUAL FEE MasterCard debit card3
  • Overdraft protection (subject to credit approval)
  • $15 off our posted safe deposit box rental fee when you have
    your payment automatically debited from your account
  • FREE imaged checks with CheckManager Plus®
  • FREE Online Banking and Telephone Banking Services
  • FREE Bill Pay
  • FREE Quicken and Microsoft Money download capabilities

 

1Fees, such as overdraft charges, and fees for special services may apply.
2The Annual Percentage Yield (APY) is calculated on simple interest rates with interest
compounded and paid monthly and assumes interest remains on deposit until maturity.
Rates subject to change without notice.  Substantial penalty may be charged for early
withdrawal.  Penalty may reduce earnings.  To obtain the APY, must open a CD with
minimum of $1,000.  Excludes special offers.
3Foreign transaction fees may apply.

Charter Checking Account is an interest bearing account which uses the daily balance method to calculate interest. Interest will be compounded monthly and credited to your account monthly.

Accounts closed in person or by mail, will have all accrued interest greater than $1.00 paid at that time of closing.  If the account is closed without notice to the bank, no interest will be paid for the period.

 

Christmas Passbook Savings Account

  • Minimum initial deposit must be in increments of $5.00, $10.00 or $20.00 
  • No monthly service charge
  • Interest is compounded and paid quarterly
  • You receive a personalized passbook where all of your deposits are recorded.
  • Withdrawals before maturity are not permitted
  • Account balance will be disbursed by check at the end of the third quarter each year
  • FREE Online Banking and Telephone Banking Services

Accounts closed in person or by mail, will have all accrued interest greater than $1.00 paid at that time of closing.  If the account is closed without notice to the bank, no interest will be paid for the period.

Junior Savers Club Account™

Our Junior Savers Club Account™ teaches children and young adults under 18 the rewards of saving while making banking FUN!

In addition to learning one of life's most valuable lessons, Junior Savers will receive:

  • A personalized passbook with identification as a Junior Savers Club member
  • All regular account service charges are waived and there is no minimum opening deposit for Junior Savers
  • Your choice of a special gift when you open a new Junior Savers account
  • Free gift from our Treasure Chest each time you make a deposit to your Junior Savers account
  • Our exclusive "Treats Dollar" gift certificate each time you make a deposit of $100 or more. Certificates may be redeemed at local participating merchants.
  • Parents receive an extra .25% over our current fixed-rates if they open a fixed-rate CD the same day1
  • And lots of other great goodies and fun activities for Junior Savers. You’ll be sent frequent invites to fun Junior Savers Club events and contests.

Teaching kids how to save. It's all part of our commitment to bring traditional community banking back to the community.

 

1  The Annual Percentage Yield (APY) is calculated on simple interest rates with interest compounded and paid monthly and assumes interest remains on deposit until maturity. Rates subject to change without notice.Substantial penalty may be charged for early withdrawal. Penalty may reduce earnings. To obtain the APY, must open a CD with minimum of $1,000 not currently on deposit with SBOTL.

Personal Money Market Checking

  • An interest-bearing checking account that pays interest on tiered balances
  • No minimum deposit to open
  • There is a minimum daily balance requirement to avoid a monthly service charge1
  • Unlimited in-person teller withdrawals and up to six preauthorized withdrawals and/or checks written each month.
  • No charges per check written

1  A $7.00 fee will be imposed each statement cycle if the daily balance in the account falls below $1,000 any day of the statement cycle. Fees, such as overdraft charges, and fees for special services may apply.

Money Market Checking is an interest bearing account which uses the daily balance method to calculate interest. Interest will be compounded monthly and credited to your account monthly.

Accounts closed in person or by mail, will have all accrued interest greater than $1.00 paid at that time of closing.  If the account is closed without notice to the bank, no interest will be paid for the period.

Personal Passbook Certificate of Deposit Account

  • Minimum Deposit to open is $10,000.
  • Competitive interest rate
  • Interest is compounded and paid monthly
  • You receive a personalized passbook where all of your transactions are recorded.
  • Make up to two in-person withdrawals per month
  • Unlimited deposits
  • FREE Online Banking and Telephone Banking Services

Platinum Preferred Checking®

  • An interest-bearing checking account
  • No minimum deposit to open
  • No minimum daily balance and no monthly service charge1
  • No limit to the number of checks that may be written per month
  • No charges per check written
  • Free SBOTL Logo checks.
  • Available to customers age 50 or older
  • .125% above our regularly published interest rate on fixed rate CD's, no purchase fees for cashiers checks and money orders compounded and paid. 

 Platinum Preferred Checking is an interest bearing account which uses the daily balance method to calculate interest. Interest will be compounded monthly and credited to your account monthly.

1  Fees, such as overdraft charges, and fees for special services may apply.

Statement Savings Account

  • No minimum opening deposit
  • No monthly service charge if minimum daily balance of $100 is maintained1
  • Interest is compounded monthly and paid monthly
  • Statements sent quarterly, or monthly when conveniently combined with your monthly checking statement.
  • Make up to six transfers per month to your checking account with Telephone Banking Service or Online Banking
  • No limit to number of withdrawals made in person or at ATMs
  • FREE Online Banking and Telephone Banking Services
  • Check out our Savings Deposit Rates

1  A $3.00 fee will be imposed every statement cycle if the daily balance in the account falls below $100 any day of the statement cycle .

No monthly service charge for customers under the age of 18 years

Accounts closed in person or by mail, will have all accrued interest greater than $1.00 paid at that time of closing.  If the account is closed without notice to the bank, no interest will be paid for the period.

StudentWise™ Checking

We designed an account to help young adults handle their finances and provide peace of mind to parents. We call it our StudentWise™ Checking Account.  It offers everything your full-time high school or college student needs for financial security, including a checking account and MasterCard debit card.

Features and Benefits

 
1  Other qualifications and fees, such as overdraft charges and special services may apply
2  Subject to age and other qualifications. See bank for details.

Registered full time students, 16 years and older are eligible for one personal checking account with no monthly fee