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Statement Savings

First Dakota has several savings options to meet a variety of savings needs. Teach your children how to save with this account. Statement savings is perfect for showing young minds the value of adding money to savings accounts.

  • No minimum balance is required for those under 18.
  • Interest is compounded and credited quarterly, and a quarterly statement is issued (monthly if electronic activity).     

Fees:

  • A $3.00 monthly service charge if daily balance falls below $100.00. No minimum balance for customers under 18 years old. 
  • $2.00 service charge for each withdrawal over 6 per calendar month.

Contact our bankers if you’re ready to open a savings account with us.