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Interest Bearing Checking
NOW Account
A basic interest bearing checking account, The Kit Carson State Bank Now Account Checking offers these popular features:
- $1,500.00 minimum to open this account.
- If balance falls below $1,500.00 any day during the statement cycle, there is a $6.00 monthly maintenance fee plus an activity fee for each paper debit in excess of 30 paper debits of $.20.
Health Savings Account
An interest bearing account for contributions, withdrawls, and earnings for qualified medical expenses.
- You must deposit $25.00 to open this account.
- Interest will be compounded monthly and can be credited to the account monthly.
- Generally, contributions, withdrawals, and earnings are tax exempt.
- Use pretax earnings to pay medical expenses, co-pays, and prescription costs that are not covered by your health insurance.
- Contributions are limited to the maximum allowed under IRS Code.
- There is a $25.00 one time setup fee and a $25.00 annual maintenance fee for this account.
- There are no fees for transactions completed by checks you write on the account.
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