Serving the heart of Lake Sakakawea since 1963: Lakeside State Bank in New Town, North Dakota
Checking Accounts

Regular Checking Account

  • Non-interest paying account
  • $300 deposit required to open account
  • Maintenance fee of $5.00 if account falls below $400
  • No maintenance fee for Senior Citizens (65 years or older)
  • No maintenance fee for Students under 22 years of age and the minimum deposit required to open a student account is $100.
Commercial Account

  • Non-interest paying account
  • $500 deposit required to open account
  • Maintenance fee of $5.00 if balance falls below $400

Now Account

  • Interest paying account
  • $500 deposit required to open account
  • If the balance falls below $500 any day in the statement cycle, there will be a $10.00 maintenance fee plus $.20 per debit for debits posted during that period. Interest is not paid on the days the balance is below $500
  • Eligibility: Individuals, unincorporated businesses, nonprofit corporations, and school districts. By law, corporations and partnerships are ineligible

Free Now Account

  • Interest paying account
  • $100 deposit required to open account
  • No Monthly maintenance fee
  • Checks are truncated
  • Interest is not paid on the days the balance is below $500
  • Eligibility: Individuals, unincorporated businesses, nonprofit corporations, and school districts. By law, corporations and partnerships are ineligible

Super Now Account

  • Interest paying account
  • $2500 required to open account
  • If balance falls below $2500 any day in the month, there will be a $10.00 maintenance fee
  • 30 free debits are allowed per month. $ .20 per debit thereafter. Interest is not paid on the days the balance falls below $2500
  • Eligibility: Individuals, unincorporated businesses, nonprofit corporations, and school districts. By law, corporations and partnerships are ineligible

Money Market Account

  • Interest paying account
  • $2500 required to open account
  • Interest is not paid on the days the balance is below $2500
  • There is a $10.00 maintenance fee if the balance falls below $2500
  • Minimum of $500 per withdrawal
  • Limited number of withdrawals may apply
Free Checking Account

  • $100 deposit required to open account
  • No minimum balance.
  • No monthly maintenance fee
  • Checks are truncated


NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000.00 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyer Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.