Checking

We offer a variety of checking accounts.  Our New Account Representatives can answer any questions you may have.

Opening a new checking account with Farmers State Bank of Hoffman? Click here to learn how to switch your account seamlessly.

  • Open with a minimum deposit of $100.00
  • Unlimited check writing
  • Maintain an average daily balance of $300.00 to avoid monthly minimum balance fee
  • Interest Bearing Account
  • Open with a minimum deposit of $100.00
  • Unlimited check writing
  • Free personalized wallet style club checks (Limited to 100 per year)
  • Complimentary Notary Service
  • Reconciliation Assistance
  • No minimum daily balance required to obtain the disclosed annual percentage yield (APY)
AccountMinimum to Open AccountMinimum to Earn Annual Percentage Yield (APY)Interest Payment Frequency
Seniority Checking$100.00$0.00Monthly

* Please contact the Bank for current interest rates.

  • Interest Bearing Account
  • Open with minimum deposit of $500.00
  • Maintain an average daily balance of $500.00 to avoid monthly minimum balance fee
  • Maintain a minimum daily balance of $500.00 to obtain the disclosed annual percentage yield (APY)
  • Unlimited check writing
Now AccountMinimum to Open AccountMinimum to Earn Annual Percentage Yield (APY)Interest Payment Frequency
Tier One NOW
Balances of $500.00 and above
$500.00$500.00Monthly

* Please contact the Bank for current interest rates.

  • Interest Bearing Account
  • Open with minimum deposit of $2500.00
  • Maintain an average daily balance of $500.00 to avoid monthly minimum balance fee
  • Maintain a minimum daily balance of $1000.00 to obtain the disclosed annual percentage yield (APY)
  • Unlimited check writing
Super Now AccountMinimum to Open AccountMinimum to Earn Annual Percentage Yield (APY)Interest Payment Frequency
Tier ONE:
Balance of $1000.00 to $2500.00
$2500.00$1000.00Monthly
Tier TWO:
Balance of $2500.00 and
above
$2500.00$1000.00Monthly

* Please contact the Bank for current interest rates.

  • Interest Bearing Account
  • Open with minimum deposit of $2500.00
  • Maintain an average daily balance of $500.00 to avoid monthly minimum balance fee
  • Maintain a minimum daily balance of $1000.00 to obtain the disclosed annual percentage yield (APY)
  • Limits on the number of transactions allowed per month
Money Market AccountMinimum to Open AccountMinimum to Earn Annual Percentage Yield (APY)Interest Payment Frequency
Tier ONE:
Balances $1000.00 to $2499.99
$2500.00$1000.00Monthly
Tier TWO:
Balances $2500.00 to
$24999.99
$2500.00$1000.00Monthly
Tier THREE:
Balances $25,000.00 to $49,999.99
$2500.00$1000.00Monthly
Tier FOUR:
Balances $50,000.00 to
99,999.99
$2500.00$1000.00Monthly
Tier FIVE:
Balances $100,000.00 and
above
$2500.00$1000.00Monthly

* Please contact the Bank for current interest rates.

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