MENU Personal Savings SEE CURRENT RATES We offer a variety of savings accounts to suit your individual needs. Our friendly and knowledgeable new accounts staff will be happy to assist you in finding the savings account that is right for you. Savings Account Savings accounts have no minimum balance requirement. The only service charge associated with this account is a $1.00 fee for each withdrawal after 4 withdrawals per monthly statement cycle or 12 withdrawals per quarterly statement cycle. With a savings account, you earn interest at a variable rate. Christmas Club Account Christmas Club accounts have no minimum balance requirement and no monthly service charges. Deposits can be made weekly for any amount and are done by automatic transfer from one of your other accounts with us. Make deposits for 50 weeks and receive a check in October for your Christmas shopping. Statements are sent out monthly and interest is earned at a variable rate. College Fund Savings Start saving for college expenses with a College Fund account. This account earns interest and helps you save for future college expenses. Interest is earned at a variable rate. Health Savings Account A Health Savings Account (HSA) helps individuals with a high-deductible health plan set aside money for out-of-pocket medical expenses like doctor visits, prescriptions and vision and dental care. If you are covered by a high-deductible health plan, you may be eligible for an HSA. All contributions you make to your HSA are tax-deductible regardless of your income level or whether you itemize deductions. Your interest earnings are also 100% tax free while they are in your HSA, which makes for faster growth than in a comparable taxable investment. The money you take out of your HSA to pay for qualified medical expenses is also completely tax-free and penalty-free. Money Market Account Interest Bearing Account This account pays attractive interest rates with increased interest rates at balances of $25,000, $100,000, $250,000 and $500,000 and above. There is a limit of six withdrawals either by check or automatic withdrawal per statement cycle. However, over-the-counter withdrawals are unlimited with this type of account. Interest is paid at a variable rate based on the collected balance in the account. Free paper statements or free e-statements are available for your convenience. Minimum Balance Monthly Charge Interest Paid $0 - $4,999 $8 Variable Rate $5,000 & Above No Charge Variable Rate Find Us Call Us Email Us Like Us Tools & Resources Credit Report Legal Notice Privacy Notice Report a Lost or Stolen Card About Us Contact Us Staff History Locations & Hours Copyright © 2021 Waukon State Bank. All rights reserved. Member FDIC. Equal Housing Lender. Member FDIC Equal Housing Lender BACK TO TOP