The Bank of Monticello offers a wide variety of banking services. For more information about any of our services please stop by or call us at either of our banking locations. Listed below are some of the services we provide.

Customer Services

SHAZAM Debit Cards and ATM Cards
Convenient ATM located in the Canton Shopping Center, at the junction of Highway 61 and Route P
Safe Deposit Boxes at both banking locations
Money Orders and Wire Transfers
American Express Travelers Checks
Night Deposit
US Government Savings Bonds

Loans

Full Service Loan Department at each banking location
Consumer Loans
Agriculture and Commercial Loans
Real Estate Loans

Deposit Accounts

Checking Accounts

No Minimum Balance
Unlimited transactions
$.04 per debit service charge
No service charge to Senior Citizens, 62 or older

Now Accounts

Interest earning deposit account with unlimited transactions *
$1,000 minimum balance
$.05 per debit service charge

Super Now Accounts

Interest earning deposit account with unlimited transactions *
$1,000 minimum balance to earn the posted interest rate
$.10 per debit service charge

Money Market Accounts

Tiered Interest Rates increase as deposit balances increase *
$1,000 minimum balance, minimum transaction amount is $100
Depositors are limited to 6 transfers per month, 3 may be checks
$.15 per debit service charge

Passbook Savings Accounts

No minimum balance
Interest is compounded and paid quarterly *

Christmas Club and Vacation Club Accounts

Weekly savings plan, $100 per week maximum
The bank pays accrued interest on the account when checks are issued
Christmas Club checks are issued in October
Vacation Club checks are issued in April

Certificates of Deposit

Competitive Interest Rates
Terms from 91 days to 5 years
Current rates and terms are posted in our lobby
Interest penalty for early withdrawal

Individual Retirement Accounts (IRAs)

Traditional IRAs and Roth IRAs
These savings plans offer special tax benefits
Increase your financial security for retirement
Current rates and terms are posted in our lobby
Limitations on contribution amounts and penalties for early withdrawal are determined by law

* The interest rate on these accounts is determined by bank policy and is subject to change periodically