Products and Services

Deposit Accounts
Personal Checking Accounts
Commercial Checking Accounts
Interest Bearing Checking Accounts
Savings Accounts
Certificates of Deposit
Individual Retirement Accounts

Loans
Installment
Commercial
Home Equity Line of Credit

Other Services  
Night Depository Safe Deposit Boxes
Automated Teller Machines Credit Cards
Bank by Mail Travelers Checks
Money Orders U.S. Savings Bonds
Christmas Club Account Wire Transfers
Direct Deposit Telephone Banking
Medallion Signature Guarantee Visa Check Card
Notary Services  

Deposit Accounts
State Bank of Cochran and its affiliates offer a wide range of deposit products to suit the needs of our customers. Choose from checking accounts, savings accounts, certificates of deposit and Individual Retirement Accounts.
 
Personal Checking Accounts
Checking accounts are the most frequently used banking products. We offer several different accounts to suit your lifestyle and banking preferences with special accounts available for seniors and students. All checking accounts include a monthly imaged statement, free telephone banking and a free VISA Check card for those who qualify. Each account features a low $100 minimum opening deposit.
 
Basic Checking
  • No minimum monthly balance
  • Unlimited transactions
  • Monthly maintenance fee $8.50
Best Checking
  • No minimum monthly balance
  • 20 debits paid per statement cycle at no additional charge
  • Charge for chargeable debit in excess of 20 during a statement cycle is $.20 per item
  • Monthly maintenance fee $6.25
  • $6.00 credit toward the purchase of imprinted checks purchased through our bank (costs vary depending on style and quantity chosen)
  • Discounted Travelers Checks
  • Free Money Orders
Economy Checking
  • No minimum monthly balance
  • 15 debits paid per statement cycle at no additional charge
  • Charge for chargeable debit in excess of 15 during a statement cycle is $.20 per item
  • Monthly maintenance fee $4.00
Hometown Checking
  • No monthly maintenance fee
  • Unlimited transactions
  • No minimum monthly balance
Personal Checking
  • A minimum daily balance of $500 avoids all maintenance fees
  • Maintenance fee $6 per cycle plus $.20 for each debit if minimum balance not met
Senior Checking
  • No monthly maintenance fee
  • Free Money Orders
  • Discounted Traveler’s Checks
  • Free checks (must accept program checks. If any other type of check is chosen, you will receive a $6 credit towards the purchase.)
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Interest Bearing Checking Accounts
Make your money work for you by selecting one of our interest bearing checking accounts. We pay a competitive rate on your balance each month.
 
NOW Personal Account
  • Minimum opening deposit $1000
  • A minimum daily balance of $1000 avoids all maintenance fees
  • Maintenance fee $6 per cycle plus $.20 for each debit if minimum balance not met
  • Interest paid on daily balance
  • You must maintain a minimum daily balance of $1,000.00 in account each day to earn the disclosed interest rate.
MM Personal Account
  • Minimum opening deposit $1000
  • A minimum daily balance of $1000 avoids a monthly maintenance fee of $8
  • During any calendar month, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card or similar order to a third party. If you exceed these transfer limitations, your account may be subject to closure or reclassification.
  • Interest paid on daily balance
  • A per debit item fee of $2.00 will be charged for each debit in excess of six during a month.
Super Checking
  • Minimum opening deposit $20,000
  • A minimum daily balance of $20,000 avoids a monthly maintenance fee of $8
  • Up to 10 debits per cycle (combination of checks, VISA Check Card transactions, drafts and ATM withdrawals) with no per item fee. A per item fee of $.20 is charged for each debit in excess of 10.
  • Interest is compounded monthly and credited to your account monthly
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Commercial Checking Accounts

Commercial Checking/Account Analysis
  • This checking account allows our customers to offset service charges through an earnings credit from their balances on deposit.
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Savings Accounts
Our savings account is a great way to save for the future. Save for a child’s education, a rainy day, or your golden years.
 
Regular Savings Account
  • Minimum opening balance $100
  • Minimum daily balance of $100
  • If balance drops below $1000, a per item fee of $2 applies for more than one debit per month. If balance drops below $100, $3 monthly maintenance fee applies in addition to the per debit fee.
  • During any calendar month, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card or similar order to a third party. If you exceed these transfer limitations, your account may be subject to closure or reclassification.
  • Interest is calculated on the daily balance and is paid quarterly
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Certificates of Deposit
We offer a variety of certificates of deposits with times ranging from 3 to 36 months. Call us for current rates.
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IRAs
An Individual Retirement Account (IRA) is a popular way to save for retirement. Along with saving for that important time, you may also receive tax benefits now. Our products range from 3 to 36 months. Call us for current rates.
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Loans
We offer a variety of loans structured to suit your needs. Apply at any of our locations.

Personal Loans
Auto Loans
Home Equity Loans
Real Estate Loans
Business Loans
Agricultural Loans
Construction Loans

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