Star Club Checking
With MinnStar Bank’s Star Club Checking account, you can take advantage of no minimum balance or per debit fee. The $9.00 monthly fee offers personalized checks (limited to one style), copying services, gift envelopes and unlimited check writing.
Minimum Balance Checking
With a Minimum Balance Checking account you are required to maintain a $100.00 minimum balance to avoid a minimum balance fee and a per debit fee. If the daily balance drops below $100.00 any day of the month, a monthly minimum balance fee of $7.00 and a per debit fee of $0.25 is charged for the entire statement cycle. The monthly minimum balance fee and the per debit fee will be waived for customers 18 years old and under.
An Interest Checking account with MinnStar Bank pays you interest for the average daily collected balance and adds the interest to your account balance on the statement cycle date. When you maintain the $500.00 minimum balance, you avoid a monthly minimum balance fee and a per debit fee. If the daily balance drops below $500.00 any day of the month, a monthly minimum balance fee of $10.00 and a per debit fee of $0.25 is charged for the entire statement cycle.
If you are age 60 or over, you are eligible for MinnStar Bank’s Senior Checking account. There is no minimum balance requirement, no monthly fees and no charge for check writing and debits. Personalized checks (limited to one style) are at no charge.
Loan Star Reserve
Our Loan Star Reserve is a consumer Line of Credit (LOC) for overdraft protection and small loan needs. Loan Star Reserve provides you with overdraft protection when your checking balance drops below a zero balance by automatically advancing from your personal line of credit. Interest is calculated on a fixed rate basis and payments are scheduled according to the outstanding balance. There are no monthly or annual fees for our Loan Star Reserve program.
They are available to all customers who have a checking account with MinnStar Bank and qualify for this financing product. Normally, these loans are unsecured but in certain cases, collateral may be required.