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We offer enhanced and simple checking account solutions to choose from, each designed to suit your individual needs. Have access to your money on a daily basis for every day needs. Each account makes banking easier and includes:

  • A Large ATM network
  • Online Banking
  • E-statements
  • FinanceWorks, makes it easier to monitor your Cash-flow
  • TeleBanking

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.

Rewards Checking

  • 1.51% APY on balances up to and including $10,000.00
  • 0.10% APY paid on the portion of balances equal to or greater than $10,000.01
  • 0.01% APY paid your entire balance even if monthly qualification cycle requirements are not met.
  • Refunds on ATM fees up to $20.00 per statement cycle
  • No minimum daily balance and no monthly service charge*
  • No charges per check written
  • $500.00 minimum deposit to open

*1.51% Annual Percentage Yield (APY) is paid on balances between one penny and $10,000.00 when the minimum monthly qualifications are met.  Additionally, 0.10% APY is paid on all balances equal to or greater than $10,000.01 each statement cycle.  If you do not meet the minimum monthly requirements per statement cycle, your account will still function as a free checking account earning 0.01% APY; however you will not receive ATM refunds for that time period.  APY's are accurate as of 6/06/2013.  Rates may change after the account is opened.  Fees may reduce earnings.  Qualifying transactions must post and clear the account during the monthly qualification cycle.  Transactions may take one or more business days from the transaction date to post to the account from the day the transaction is made.  A minimum deposit of $500 is required to open the account.  No monthly minimum service charge.  Personal accounts only.  Overdraft fees and charges for other services may apply.  The bank does not charge its customers a monthly card usage fee.  No transaction charge at any ATM in the Money Pass or Sum surcharge-free networks.  Other banks outside the network may impose ATM surcharges at their machines.  Surcharge fees assessed by owners of other ATMs outside the network will be reimbursed up to $20.00 per statement cycle if requirements are met.  Reimbursement does not include the 1% International Service fee charged by MasterCard in certain foreign transactions conducted outside the continental United States.

Rewards 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.

Additional Rate Information: Rewards Checking requirements need to be met in order for you to receive the highest rate of interest. 1. Have at least 12 debit card purchases post and clear during the monthly qualification period. 2. Have at least 1 direct deposit OR 1 automatic payment post and clear during the monthly qualification cycle. 3. Enroll to receive electronic statements and access online banking

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.

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.

 

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