Questions? Need Help?

Beulah office:
(231) 882-4462

Benzonia office:
(231) 882-4476

E-mail:
online@icentralstatebank.com

Savings

 

Statement Savings

  • Open your account with just $20
  • No monthly service charge on accounts with a daily minimum balance of $300
  • Receive an easy-to-read quarterly statement
  • Interest accrues daily and is paid monthly
  • Free Online  Banking and Mobile Banking
  • Free ATM card available, with free unlimited transactions at any Central State Bank or State Savings Bank ATM
  • Free debit card available if linked to a checking account
  • Limits on preauthorized transfers and withdrawals


Christmas Club

  • Open your account with just $5
  • No minimum balance
  • No monthly service fee
  • Interest accrues daily and is paid annually
  • Free Online Banking and Mobile Banking


Certificates of Deposit (CDs) are a well-established, safe method of receiving a higher rate of interest on money you do not need in the near future.

  • Minimum amount to open: $500
  • Term options: 91 days to 60 months
  • Interest compounded and paid monthly, quarterly, semiannually or annually
  • Early withdrawal penalty: terms of six months or less—31 days' interest; terms greater than six months but less than one year—91 days' interest; terms of one year or greater—182 days' interest
  • Free Online Banking and Mobile Banking

 

Individual Retirement Accounts

  • Types: Traditional or Roth
  • CD term options: 6 months to 60 months
  • FDIC Insured
  • Tax-deferred Interest
  • Minimum amount to open is $500, except for 18-month Variable IRA CD (minimum to open is $10)
  • Interest compounded and paid monthly, quarterly, semiannually or annually
  • Early withdrawal penalty: terms of six months or less—31 days' interest; terms greater than six months but less than one year—91 days' interest; terms of one year or greater—182 days' interest
  • Free Online Banking and Mobile Banking