Business "Basic"

• Opening deposit of $100.00
• Minimum balance of $500.00 to avoid service charges. If the balance falls below $500.00 any day during the month, a one-time monthly service charge of $8.00 will be assessed against the account.
• For every check or debit item posted to the account over 20, we will charge $.25 per item.
• ATM card service charges apply..

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Business "Plus"

• Opening deposit of $100.00
• Minimum balance of $1,500.00 to avoid service charges. If the balance falls below $1,500.00 any day during the month, a one-time monthly service charge of $7.00 will be assessed against the account.
• For every check or debit item posted to the account over 20, we will charge $.25 per item.
• ATM card service charges apply.

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Business "Advantage"

• Opening deposit of $100.00
• Minimum balance of $2,500.00 to avoid service charges. If the balance falls below $2,500.00 any day during the month, a one-time monthly service charge of $6.00 will be assessed against the account.
• For every check or debit item posted to the account over 40, we will charge $.15 per item.
• ATM card service charges apply.

• $100.00 deposit required at account opening.
• No charge for the first two withdrawals in a 30-day period. All subsequent withdrawals are $2.00 each.
• We reserve the right to change the interest rate on a daily basis.
• ATM card service charges apply

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• $5.00 deposit required at account opening.
• Deposits are made using your preprinted club coupon.
• You may not withdrawal from this account until the club payout date.
• There are no fees associated with this account.
• Earn interest on your funds deposited.
• We reserve the right to change the interest rate on a daily basis.

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7-90 Day

• Account will mature in 7 to 90 days with the length of time selected at account opening.
• Interest will be paid at maturity.
• Interest Rate and Annual Percentage Yield will not change until this account matures.
• $1,000.00 opening deposit must maintain this balance to earn the APY.
• Withdrawal of principal before account maturity. We may impose a penalty of the greater of (a) all interest earned on the amount withdrawn from the most recent of the date of deposit, date of maturity or date on which notice was given; (b) all interest that could have been earned on the amount withdrawn during a period equal to one-half the maturity period or the required notice period; or (c) seven (7) days interest on the amount withdrawn. Minimum forfeiture fee of $10.00.
• May be automatically renewable.
• If you choose to renew auotmatically, you will have ten days after the maturity date to withdraw funds without penalty.
• If you elect single maturity, when this account matures, we will hold the funds in a non-interest bearing account.
• Fees could reduce the earnings on the account.

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91 Day

• Account will mature in 91 days.
• Interest will be paid at maturity.
• Interest rate and Annual Percentage Yield will not change until this account matures.
• $1,000.00 opening deposit must maintain this balance to earn the APY.
• Withdrawal of principal before account maturity. We may impose a penalty of three (3) months loss of interest. Minimum forfeiture fee of $10.00.
• May be automatically renewable.
• If you elect single maturity, when this account matures, we will hold the funds in a non-interest bearing account.
• Fees could reduce the earnings on the account.

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182 Day

• Account will mature in 182 days.
• Interest will be paid at maturity.
• Interest rate and Annual Percentage Yield will not change until this account matures.
• $1,000.00 opening deposit must maintain this balance to earn the APY.
• Withdrawal of principal before account maturity. We may impose a penalty of three (3) months loss of interest. Minimum forfeiture fee of $10.00.
• This account can be automatically renewable.
• If you elect single maturity, when this account matures, we will hold the funds in a non-interest bearing account.
• Fees could reduce the earnings on the account.

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12, 18, or 30 Month

• Your account will mature in 12,18, or 30 months.
• $500.00 opening deposit must maintain this balance to earn the APY.
• Interest will be paid semi-annually.
• The interest rate and Annual Percentage Yield will not change and will be in effect until this account matures.
• Withdrawal of principal before account maturity. We may impose a penalty of six (6) months loss of interest. Minimum forfeiture fee of $10.00.
• This account can be automatically renewable.
• If you elect single maturity, when this account matures, we will hold the funds in a non-interest bearing account.
• Fees could reduce the earnings on the account.

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NetTeller and Cash Management

We know you’re busy, and we’re here to help!  Our online, real-time cash management solution delivers a broad array of commercial banking services right to your desktop.  You can access your accounts and transaction; originate routine banking transactions, wire transfers, and ACH transactions; access balance and float reports; make payment; access credit lines; retrieve statements, and more.  Our easy-to-use, point and click banking services are available 24/7/365 and are protected by the highest security standards.  So if you’re looking for ways to make your day a little less busy, start managing your business accounts and cash online.  Cash management and bill pay are free.  Call 217-678-2311 for rates on wire transfers and ACH originations.

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Remote Deposit Capture

There is an environmental impact to using paper checks.  In addition to the natural resources used to manufacture and print paper checks, their processing relies heavily on our nation’s transportation systems, including trucks and airplanes.  It takes a considerable amount of fuel to ship our country’s millions of checks each year between companies, financial institutions, and your home.  Due to accelerated processing times and quicker notification of account issues, the ACH-based check conversion process results in fewer bad checks, earlier fraud detection, and fewer errors.  Check conversion reduces time and resources needed to process payments, resulting in continued cost savings to your company. You can choose from the two options listed below.

Remote Deposit Capture with RDM

Batch processing is referred to as the "scan check" option.  The RDM machine is for check deposits containing no more than 10 checks a day.  This is an Internet application, and an applicant must have a computer and Internet access.  Once your application is approved, the State Bank of Bement will provide a check scanner for you to use with the program.  By using a secure Web site, secure login ID, and secure password, you will be able to scan your check deposits from your computer and send the batch within seconds!  All scanned checks deposited before 2:00 p.m. CT on business days will be added to your account balance that day.  A monthly fee applies.  Call 217-678-2311 for details on how to apply.

Remote Deposit Capture with the Panini MyVisionX

Batch processing and the Panini MyVisionX is for check deposits over 10 per day.  This is also an Internet application, and an applicant must have a computer and Internet access.  Simply place your batch of checks in the hopper module of the machine provided, login, process the batch, and sit back while the machine does all the work!  A monthly fee applies.  Call 217-678-2311 for details on how to apply.

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VISA/MasterCard Merchant Services

Process VISA and MasterCard transactions at your place of business and see your income portfolio rise!  State Bank of Bement’s VISA/MasterCard Merchant Services Program provides you with a machine and a merchant account for a low monthly fee.  Please call 217-678-2311 for more information regarding our VISA/MasterCard Merchant Services Program.

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