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Establish a program at St. Charles Bank & Trust™ that allows your money to grow, while letting our services take care of your banking needs. Whether you are looking to open a new checking account, save for your future, or add to your current portfolio, St. Charles Bank & Trust™ has a program for you.
An unlimited, no charge check writing plan. The minimum to open is $100 with no minimum balance required. Benefits include:
This account has free1 ATM transactions! The minimum to open is $100 with no minimum balance required. Benefits include:
1 The bank does not charge its customers a monthly card usage fee. There’s 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. Reimbursement does not include the 1% International Service fee charged by MasterCard for certain foreign transactions conducted outside the continental United States.
Our Money Market Account combines liquidity and convenience in a tiered variable-rate, interest-bearing account with limited check-writing privileges.
Fill out and submit this application form or come see one of our friendly personal bankers.
Our Junior Savers Club Account™ teaches children and young adults ages 18 and under the rewards of saving while making banking FUN! This account is interest bearing and may be opened with any initial deposit.
In addition to learning one of life's most valuable lessons, Junior Savers will receive:
Teaching kids how to save. It's all part of our commitment to bring traditional community banking back to the community.
This account offers security and savings. Variable rate is compounded and paid quarterly. The minimum to open is $100 and the minimum daily balance of $100 is required or a $3.00 quarterly fee will be imposed.. Account can be combined with your monthly checking statement or mailed quarterly.
Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per month with no transfers by check, draft, debit card, or similar order to third parties.
An excessive transaction fee of $10.00 will be charged for each transaction in excess of the above mentioned limitations.
A closing fee of $10.00 will be charged if account is closed within six months of opening.
We regularly offer a wide range of fixed-rate certificates of deposit, including the following terms
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From time to time we offer special fixed rate certificates of deposits with higher minimum balances for other monthly terms. Check out our CD Rates for current rates and specials.
Safety and security of your deposit account is paramount today. Making sure your deposits are covered by the FDIC is something every one and every company should do. By titling accounts properly a typical couple may quickly achieve $1,000,000 in FDIC insurance from our bank. But, what if you have a larger deposit, are seeking FDIC insurance and don’t know what to do?
The MaxSafe Account is designed for those seeking a Certificate of Deposit (CD) or Money Market Account (MMA) with additional FDIC insurance. MaxSafe is an innovative and unmatched investment alternative that provides up to
15 times the FDIC security of a traditional banking deposit. We’ll also simplify your life by providing one summary statement and one 1099 form at tax time.
In today’s volatile marketplace, the added security and convenience of up to $3.75 million in FDIC insurance means peace of mind. How can we offer this unparalleled level of protection? By depositing your funds across a group of 15 affiliated community banks. Fifteen banks equals fifteen times the usual $250,000 level of FDIC maximum protection. However, you must consider the funds you have on deposit at our bank.
It is an automatically renewable, fixed-rate Certificate of Deposit (of a chosen term) with FDIC insurance of up to $3.75 million per titled account. It is available for consumers, businesses and not-for-profits. It is not currently available for IRA’s, however. A minimum deposit of $100,000 is required to open a MaxSafe CD.
It is a Money Market Account (MMA), with the typical limitation of transactions per month like a normal money market account (please ask a personal banker for more details) insurance of up to $3.75 million per titled account. It is available for consumers, businesses and not-for-profits. A minimum deposit of $250,000 is required to open a MaxSafe MMA. A minimum service charge of $75 will be assessed if the balance falls below $250,000.
With 15 separate, but affiliated, community banks in Illinois and Wisconsin, we are able to combine each bank’s individual FDIC protection and offer our customers the benefit of 15 times the normal $250,000 level of FDIC Insurance. All fifteen of these banks are all fully FDIC Insured and “well capitalized” per the FDIC and other government regulatory bodies. A custody account from our affiliate, Wayne Hummer Trust Company, N.A., is opened via a MaxSafe professional, and funds are deposited on your behalf across these 15 banks.
This is absolutely legal and is perfectly in compliance with FDIC rules and regulations. While almost no banks in the Chicago area offer this service as of yet, a number of national brokerage houses offer a similar extra-FDIC insured program.
For more information and frequently asked questions, please stop by the bank and speak with a personal banker. For more information on FDIC Insurance coverage, please visit http://www.fdic.gov.
Our SimpleSwitch™ system makes switching your bank accounts, direct deposit and automatic bill payment very simple. Fill out and submit this application form or come see one of our friendly personal bankers. Also check out our overdraft protection option. Please contact us if you have any questions.