*2,500 minimum balance required to avoid $9.95 monthly maintenance fee if minimum balance is not maintained, the maintenance fee will reduce earnings on the account. Minimum opening balance is $500. A minimum APY of .50% is guaranteed through 09/30/11. Rate subject to adjustment quarterly.
At DeSoto County Bank, our business philosophy is pretty simple. We think you want to do business with a bank that is committed to our community, knows you personally, provides a level of service that is indicative of how we value you as a customer of our bank, and has a line of products and services that help you better manage your personal or business financial needs. Please drop by or call us and see for yourself the difference “hometown” banking makes.
Click here to view our Statement of Progress
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Personal Banking
We know that individual needs vary. That is why we have a broad array of personal banking products designed to meet your loan and deposit needs. You deserve more than a “one size fits all” approach to banking! | Business Banking
Managing a business is no easy task. You need a financial partner that can provide the advice, products, and services to grow your business. We have solutions for your business! | Online Banking For businesses or individuals, check your account and loan balances, transfer money, or pay bills. As convenient as your PC and available 24/7-- state of the art on line banking from your hometown bank. |
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Luxury Expenditures Policy
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 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 Lawyers 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.
