Our Personal Bankers and our bookkeeping staff are eager to help you meet all your banking needs.

Click on the links below for a more in-depth look at the deposit products & services that Wahoo State Bank can provide for you. Personal Banking

Checking
Savings
Money Market
Certificates of Deposit
Individual Retirement

Accounts (IRAs)

ATM & Debit Card

Business Banking

Checking
Savings
Money Market
Certificates of Deposit
Business Debit Cards
Merchant Processing

Wahoo State Bank offers a wide variety of personal checking accounts, each specially designed to meet the unique needs of our customers.  Please feel free to discuss your individual needs with any of our Personal Bankers, for assistance in choosing the checking account which is right for you. 

Personal Regular Checking Accounts are designed to meet all the typical needs of our check-writing customers.  A person needs only to deposit $20 in order to open this account and obtain unlimited check writing privileges.  If you maintain a $500 average monthly balance, your account is service charge free! If your average balance falls below that amount, then a modest service charge of $2 or $3 will be assessed, depending on your account balance, and an additional 10¢ fee will apply for each withdrawal or check thereafter. 

Student Checking Accounts are specially designed to help the youth of our community succeed in reaching their educational goals.  These accounts require only a $20 initial deposit and are completely service charge free! No minimum balance is required! A Student Checking Account is ideal for college students as they begin managing the many expenses associated with tuition, books, and assorted class fees.

Personal NOW Accounts are intended for individuals who wish to receive interest on their accounts.  A $500 initial deposit is required.  If you continue to maintain a $500 average monthly balance, the account is service charge free!  If your balance falls below that amount a $4 service fee will be charged and an additional 10¢ fee will apply for each withdrawal or check thereafter.  Interest rates vary according to the balance of the account on a tier rate scale, and interest is credited to the account monthly. 

Personal SuperNOW Accounts are similar to the Personal NOW Accounts described above.  However, a $2,000 initial deposit is required to open the account.   If this average monthly balance is maintained, the account is service charge free!  Interest rate tiers differ slightly on this account versus the NOW account.  Ask your Personal Banker for more details.

Go Club Checking Accounts are special checking accounts offered to members of Wahoo State Bank’s Golden Opportunity Club for seniors over 55 years of age.  These accounts are perfect for seniors wishing to earn interest on their account and require only a $20 opening deposit.  A $500 minimum daily balance must be maintained in order to receive the interest, which is credited to the account monthly, and is determined by rate tiers. See your Personal Banker for more details.   

Wahoo State Bank Seniors Checking Account is also designed for seniors wishing to earn interest.  It requires only a $20 initial deposit, and if a $500 average daily balance is maintained interest will be credited to the account monthly.

Wahoo State Bank offers several different Savings Account programs, each of which has unique qualities and characteristics, designed to help our customers achieve their savings goals. 

Personal Savings accounts are the general savings account offered to any individual wishing to earn interest while maintaining easy access to his or her funds.  Only $5 is required to open the account, and there is no minimum balance required.  The account is service charge free, and you can make three free withdrawals every month!  If you make more than three withdrawals per month, a modest fee of 50 cents is charged for each additional withdrawal.  Interest is credited quarterly to the account.

Penny Paw-tners Kids Club Savings Accounts are special savings accounts offered to any young person twelve years of age or younger.  A mere $1 opening deposit is required and the account is service charge free!  Three free withdrawals are allowed per month, with a 50 cent fee charged for any additional withdrawals.  Interest is credited quarterly to the account. 

Wahoo State Bank offers their customers the unique opportunity to invest their money in a personal money market account.  Money market accounts combine the interest-bearing quality of a savings account with the check-writing features of a checking account. 

Personal Money Market Accounts require a $2,000 opening deposit.  If you maintain a minimum average monthly balance of $1,000, the account is service charge free.  If your balance dips below that amount, a $4 monthly service fee is charged and an additional 10¢ is charged for any check or withdrawal made thereafter.  Interest rates are based on a tier rate system according to your balance, so that the more you have in your account the higher the interest rate for the account.  Interest is compounded monthly and is credited to your account.  You have the ability to make six debits from the account per statement period, three of which can be checks.  Your other debits can be made as withdrawals or internal transfers.

CERTIFICATES OF DEPOSIT 

Certificates of Deposit (CDs) allow individuals to receive a fixed interest rate return on savings that they wish to set aside for a certain period of time.  This interest rate is higher than the rate that can be obtained from most savings or checking accounts.  Rates vary according to the different CDs that are available.  To view a list of available CDs and their respective rates go to our Current Rates page.

INDIVIDUAL RETIREMENT ACCOUNTS

Wahoo State Bank offers several retirement accounts, including Traditional IRAs, Roth IRAs, and SEPs.  These IRA funds may be invested in a Certificate of Deposit or in a Pass-Book IRA, which allows you to make continuous, intermittent deposits whenever it is convenient for you.  For more information about our Individual Retirement Accounts, talk with a Wahoo State Bank Personal Banker.

ATM & DEBIT CARDS

If you need cash quick, or want to make a quick trip to the store or gas station, Wahoo State Bank can help make things even easier with an ATM or Debit card.

ATM Cards allow you access to cash from any automatic teller machine in the country—no need to wait in line at the bank!  A personal identity number (PIN) is used at these machines and protects you in case your card gets lost or stolen. 

Debit Cards are growing in popularity.  These cards are particularly handy at gas stations or ATMs, but can be used almost anywhere, just like a credit card.  Having a Wahoo State Bank VISA debit card means you don’t have to hassle with writing out checks.  Debit card purchases withdraw funds directly from your specified account at the bank, and transactions are listed on your statement just like a checking account transaction.

As a business owner, you realize that keeping personal and business finances separate can be vital.  Wahoo State Bank helps keep things simple by offering business checking accounts for your convenience. 

NonPersonal Regular Checking Accounts are designed to meet the needs of most businesses.  They require only a $20 initial deposit, and if you maintain a $500 average monthly balance, these accounts are service charge free.  If your average balance falls below that amount, then a modest service charge of $2 or $3 will be assessed, depending on your account balance, and an additional 10¢ fee will apply for each withdrawal or check thereafter. 

BUSINESS SAVINGS ACCOUNTS

NonPersonal Savings Accounts allow businesses to earn interest while safe-keeping their excess cash.  They have quick access to these funds through withdrawals or transfers.  A mere $5 initial deposit is required, and then interest is credited to the account quarterly.

BUSINESS MONEY MARKET ACCOUNTS 

NonPersonal Money Market Accounts are designed to combine the best elements of a savings account with those of a checking account—you earn interest while enjoying limited check-writing abilities.  A $2,000 initial deposit is required.  If you maintain a minimum average monthly balance of $1,000, the account is service charge free!  If your balance dips below that amount, a $4 monthly service fee is charged and an additional 10¢ is charged for any check or withdrawal made thereafter.  Interest rates are based on a tier rate system according to your balance, so that the more you have in your account the higher the interest rate for the account.  Interest is compounded monthly and is credited to your account.  You have the ability to make six debits from the account per statement period, three of which can be checks.  Your other debits can be made as withdrawals or internal transfers.

CERTIFICATES OF DEPOSIT 

Certificates of Deposit (CDs) allow businesses to receive a fixed interest rate return on savings that they wish to set aside for a certain period of time.  This interest rate is higher than the rate that can be obtained from most savings or checking accounts.  Rates vary according to the different CDs that are available.  To view a list of available CDs and their respective rates go to our Current Rates page

BUSINESS DEBIT CARDS

MERCHANT PROCESSING 

Our Merchant Processing system is designed to help businesses develop their credit card acceptance programs.  We can assist your business in getting set up to accept cards, as well as helping you with other credit card issues.  For more information about our Merchant Processing services, contact Cindy or Jacque at (402) 443-3207.