Checking Accounts
Choose from a Variety of Checking Accounts at Lena State Bank
No two people spend money the same way or have the same financial goals. At Lena State Bank, we understand this and offer numerous types of checking accounts for customers of all ages. Take a look at the checking accounts we offer below.
For current rates, fees, and full account details and disclosures, contact Lena State Bank’s Customer Service Department at 815-369-4901 or toll free at 866-369-4901.
Secure Choice Checking
Key features:
- Opening minimum deposit of $100
- Unlimited account transactions (checks and debit card transactions)
- Free 24/7 Online Banking, Mobile Banking and Online Bill Pay
- Low $5.50 monthly service charge
- MasterCard® Debit Card with no annual fee
- Complimentary IDProtect® Identity Theft Protection Service
- Complimentary Cellular Telephone Protection
Fees : $2.00 per month discount if enrolled in E-Statements, reduces monthly service charge to $3.50 per month
Basic Checking
Key features:
- Opening minimum deposit of $100
- No minimum balance
- Unlimited account transactions (checks and debit card transactions)
- Free 24/7 Online Banking, Mobile Banking and Online Bill Pay
- MasterCard® Debit Card with no annual fee
- E-statement
Fees : No monthly service charge if account has E-Statement enrollment;
$3.00 paper statement fee if no E-Statement enrollment.
Discover Checking- for customers age 50+
Key features:
- Must be a Discover Club Member
- No minimum balance to open checking account
- Must have a minimum on deposit of $10,000.00 with Lena State Bank to establish Discover Checking
- No service charge or per item fee
- Interest-bearing, with interest compounded and credited monthly
- Interest paid on daily collected balance in tiers:
- Tier 1: $1,000-$4,999
- Tier 2: $5,000-$9,999
- Tier 3: $10,000 and higher
- Free 24/7 Online Banking, Mobile Banking and Online Bill Pay
- Free Discover Club printed checks (limit 4 boxes per year)
Premier Checking
Key features:
- Opening minimum deposit of $2,500
- Interest-bearing with interest compounded and credited monthly
- Interest paid on daily collected balance
- Free 24/7 Online Banking, Mobile Banking and Online Bill Pay
- MasterCard® ATM/Debit Card
Fees : $7.00 monthly service charge if minimum daily balance falls below $2,500; no per item charges
Premier Money Market
Key features:
- Minimum balance to open of $10,000
- Interest-bearing, with interest compounded and credited monthly
- Interest paid on daily collected balance in tiers:
- Tier 1: $0-$9,999
- Tier 2: $10,000-$49,999
- Tier 3: $50,000-$99,999
- Tier 4: $100,000-$249,999
- Tier 5: $250,000 and higher
- Direct check-writing ability
- MasterCard® Debit Card
- Free 24/7 Online Banking, Mobile Banking and Online Bill Pay
Fees : $10.00 monthly service charge if minimum daily balance falls below $10,000
*Optional Savings Transfer Protection is available on all checking accounts,
stop in or call 815-369-4901 for further details
*All rates are subject to change