523 Thayer Avenue, Chester, Nebraska 68327 p. 402.324.5444
401 Main Street Summerfield, Kansas 66541 p. 785.244.6211
415 S High Street, Cairo, Nebraska 68824 p. 308.485.1111
115 Kansas Avenue, Byron, Nebraska 68325 p. 402.236.8626

Checking Accounts

Checking accounts are practical and convenient for your day-to-day needs. From paying bills to going shopping, there's no quicker way to access your money than with a checking account. Western National Bank offers two kinds of checking accounts – our Regular Checking Account and our interest-bearing Now Account. Find out more below.

REGULAR CHECKING ACCOUNTS

  • Minimum balance to open account: $100.00
  • Service Charge if the balance in the account is less than $500.00 any day of the monthly statement cycle: $4.00
  • Upon request, this account is available without any maintenance or activity fees to non-profit civic groups.

NOW ACCOUNTS
(INTEREST BEARING CHECKING ACCOUNTS)

  • Minimum balance requirements: You must deposit $1,000.00 to open this account. Once the account is opened, there is no minimum balance required to earn interest.
  • Service Charge if the balance in the account is less than $1,000.00 any day of the monthly statement cycle: $6.00

Balances & rates are tiered:

Tier 1 $20,000+
 
Tier 2 $2,500 to $19,999.99
 
Tier 3 $.00 to $2,499.99
 


At our discretion, we may change the interest rate at any time. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the ledger balance in your account each day. Interest will be compounded and credited to your account each month on the last day of your statement cycle. If you advise us that you are closing your account, interest will be paid up to the date of closing.

Interest begins to accrue on the business day you deposit either cash or non-cash items (for example, checks.)

We reserve the right to at any time require not less than 7 days notice in writing before each withdrawal from an interest bearing account other than a time deposit, or from any other savings account as defined by Regulation D.

MONEY MARKET ACCOUNTS

  • Minimum balance requirements: You must deposit $2,500.00 to open this account. Once the account is opened, there is no minimum balance required to earn interest.
  • Service Charge if the balance in the account is less than $2,500.00 any day of the monthly statement cycle: $6.00
  • Excess Withdrawal fee for each debit in excess of 6 per monthly statement cycle: $10.00

Balances and rates are tiered:

Tier 1 $50,000.00+  
Tier 2 $15,000.00 - $49,999.99  
Tier 3 $2,500.00 - $14,999.99  
Tier 4 $0.01 - $2,499.99  


At our discretion, we may change the interest rate at any time. We use the daily balance method to calculate the interest on your account. This method applies as a daily periodic rate to the ledger balance in your account each day. Interest will be compounded and credited to your account each month on the last day of your statement cycle. If you advise us that you are closing your account, interest will be paid up to the date of closing. Interest begins to accrue on the business day you deposit either cash or non-cash items (for example, checks).

Transaction limitations: Your account is limited to 6 preauthorized debits each monthly statement cycle. Preauthorized debits include transfers authorized by telephone, transfers and payments authorized by agreement, and checks made payable to third parties.