Money Market Deposit Account

Please see the "Deposit Rates" tab for the current Money Market rates available.

 A minimum deposit of $1,000 is required to open the account.

Service Charges

A service charge of $1.00 will be debited to the account at the end of any month in which the average daily balance is less than $500.00.

Your account will be charged $.50 for each withdrawal or transfer in excess of six during a month if the average daily balance is less than $1,000.00.

There is no service charge for direct debits or credits through the Automated Clearinghouse system (ACH).  See below for restrictions on the number of automatic debits you may have.  You may apply for internet banking access to use with this account.  If your application is accepted, you may incur charges related to your internet banking activities. These charges are disclosed in a separate agreement upon application for internet banking.

Other charges that you may incur are disclosed in a separate statement given to you with this notice.

Transfers and Withdrawals

Transfers from this account to another account or to third parties by preauthorized automatic, electronic, or telephonic transfer or by check, draft, or similar order to third parties are limited to six per monthly statement.

You may make an unlimited number of withdrawals or transfers to another account within the bank by written order for each withdrawal or transfer. This does not apply to internet transfers. On interest bearing accounts, except time certificates of deposit, we reserve the right to require at least seven days written notice before any withdrawal or transfer. 

Interest Earnings

Interest earned on this account is credited and compounded to the account monthly.  If you close your account before interest is credited, you will not receive the accrued interest.  If the average daily balance of the account for any month is less than $500.00, no interest will be earned for that month.

Interest is calculated on the average daily balance.  Adding the balance of the account for each day of the month and dividing that sum by the number of days in the month determines such average balance of an account.

Interest begins to accrue on non-cash deposits no later than the business day on which the deposit posts to the account.  Checks are considered non-cash items.

The interest rate and Annual Percentage Yield may change.  At our discretion, we may change the interest rate on your account monthly.  The account statement will report the Annual Percentage Yield.  You may call the bank to learn the current interest rate your account is earning.

Additional Information 

Ask us about checks or a debit card to be used with this account.

Account statements are sent monthly.

 If you have questions about your account charges please contact us at:

Brunswick State Bank   Brunswick State Bank
POB 29   Winnetoon Branch Office
Brunswick, NE 68720 or POB 131
402/842-2435   Winnetoon, NE 68789
888/393-7945   402/847-3223