Account Types:  MMA Personal/Business Account

Variable Rate Information

  • Call 979-732-2332 for current rates.

  • Your interest rate and annual percentage yield may change.

  • Determination of Rate: At our discretion, we may change the interest rate on your account.

  • Frequency of Rate Change: We may change the interest rate on your account at any time.

  • Limitations on Rate Changes: There are no maximum or minimum interest rate limits for this account

Compounding and Crediting

  • Interest will be compounded monthly and will be credited to your account monthly.

  • If you close your account before interest is credited, you will not receive the accrued interest.

Minimum Balance Requirements

  • You must deposit $10,000.00 to open this account.

  • A minimum balance Service Charge (maintenance fee) of $8.00 will be imposed every statement cycle if the balance falls below $5,000.00 any 1 day of the statement cycle.

  • You must maintain a minimum daily balance of $5,000.00 in the account each day to obtain the disclosed annual percentage yield.

  • You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.

Processing Order

  • All credit transactions are processed first

  • Debits, or withdrawals, from your account will be processed in check number order

  • All other items are processed smallest item first

Balance Computation Method

  • We use the daily balance method to calculate interest on your account.

  • This method applies a daily periodic rate to the principal in the account each day.

Accrual on Noncash Deposits

  • Interest begins to accrue on the business day you receive credit for the deposit of noncash items (for example: checks).

Transaction Limitation

  • You may make an unlimited number of withdrawals when made in person.

  • You may also make six other automatic or preauthorized transfers per statement period: however, no more than three may be made by check, draft, or similar device to third parties.

  • Any excess carries a $5.00 excessive withdrawal penalty per item and may be subject to nonpayment of interest to comply with federal requirements.

Current Rate Information

  • The rate(s) and annual percentage yield(s) disclosed above were offered and accurate within the most recent seven calendar days.

  • To obtain current rate and percentage yield information, please call 979-732-2332.

Please click here for a New Accounts application, or contact our New Accounts Officer, John J. Polach, Jr. at 979-732-2332 or email us .


© 2014 First State Bank of Columbus Texas.  All Rights Reserved
420 Walnut - Post Office Box 9, Columbus, Texas 78934-0009
Phone: 979 732.2332 - Fax: 979 732.2016
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