Savings

Passbook Savings Accounts

  • Minimum balance of $50.00 to earn interest
  • Interest paid quarterly
  • Rate is subject to change daily*
  • Limited to no more than 6 preauthorized withdrawals or telephone transfers per calendar month
  • No limit on number of in-person transfers
  • $25.00 closing fee if account is closed within 6 months


MMDA Accounts

  • Minimum balance of $2,500.00
  • Interest paid monthly
  • Rate is subject to change daily*
  • Monthly balance fee of $15.00 if daily balance falls below $2,500.00 anytime during the statement cycle
  • Limited to no more than 6 preauthorized withdrawals or telephone transfers per calendar month
  • No limit on number of in-person transfers
  • $25.00 closing fee if account is closed within 6 months


MMDA Plus Accounts

  • Minimum balance of $2,500.00
  • Interest paid monthly
  • Rate is subject to change daily*
  • Monthly balance fee of $15.00 if average balance falls below $2,500.00 anytime during the statement cycle
  • Limited to no more than 6 preauthorized withdrawals or telephone transfers per calendar month
  • No limit of in-person transfers
  • Minimum withdrawal by check is $500.00
  • FIRST box of wallet specialty checks FREE of charge upon account opening
  • $25.00 closing fee if account is closed within 6 months


*Contact any of our customer service representatives at 701-463-2262 during regular business hours for current rate information, full account details or for information on how to open an account at Garrison State Bank and Trust. You may also click here for more information.