Savings

Establish a Savings Account to Achieve the Financial Goals of Your Future. 

Kasasa Saver
Save automatically with free Kasasa Saver®, a high-interest account that connects to your Kasasa® checking. Add free Kasasa Saver®, an account that connects to your equally free Kasasa Cash® or Kasasa Cash Back® checking account.

Each month you earn cash rewards in your Kasasa® checking, those earnings automatically transfer into your Kasasa Saver. There your balance earns 1.00% APY.* It's like we pay you to bank here!

Details

  • Free account that builds your savings automatically
  • Linked to free Kasasa Cash or Kasasa Cash Back account
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
  • 1.00% APY* on balances up to $35,000
  • 1.00% to 0.51% APY on balances over $35,000 depending on balance in account*
  • 0.05% APY* if eligibility requirements are not met on Kasasa Cash or Kasasa Cash Back
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online banking
  • Free mobile banking
  • Free eStatements
  • Free telephone banking
  • A deposit is required to open account
  • Online eStatements are required

It's Easy to Earn Rewards

Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. As a reminder, to earn your rewards simply do the following activities and transactions in your Kasasa Cash or Kasasa Cash Back account each qualification cycle:

  • Have at least 10 check card transactions posted and settled to your account
  • Have at least 1 direct deposit or ACH Auto Debit posted and settled
  • Receive your monthly statement electronically

That's all!  Even if you don't qualify during a month, your Kasasa Saver account is free.  And you can get right back to earning your rewards the very next month by meeting the above requirements!

Disclaimer

 

Savings Account
Variable Interest Rate Savings Account.

Details

  • $100.00 minimum balance
  • Six withdrawals/month at no cost; $0.50/withdrawal exceeding six per month
  • Variable interest rate
  • Monthly Statements

 

Kids Club
Variable Interest Rate Savings Account for children age 12 and younger.

Details

  • Free gift when opening an account with a $10 deposit
  • Free gift with additional deposits of $10 or more
  • Kids Club t-shirt with $25 balance, gold dollar when balance reaches $100, $2 bill at $250 in account
  • Social and Recreational activities
  • Periodic newsletter and a Birthday surprise

 

Holiday Savings
Variable Interest Rate Savings Account with checks or direct deposit issued after October 20th.

Details

  • Variable interest rate
  • Checks or direct deposit will be issued after October 20th
  • No early withdrawals allowed or account will be closed. Forfeit of interest accrued and $5 fee if account closed before payout.

 

Premier Money Market Account
Tiered interest rate Money Market Account.

Details

  • Tiered interest rate
  • Unlimited withdrawals may be made by mail, in person, and through an ATM. Federal regulations limit preauthorized, electronic, telephone or check withdrawals to six per month
  • Six withdrawals/month at no cost; $7.50/withdrawal exceeding six per month

 

Certificate of Deposit

Certificate of Deposit (CD's) are a fixed rate, safe, secure deposit

Details

  • Flexible maturities from 6 months to 5 years
  • Interest compounded and credited semi-annually

CDARS

Details

Maquoketa State Bank participates in the CDARS program, allowing you to enjoy full FDIC insurance on deposit amounts that exceed current FDIC limits.

IRA / Retirement / College Savings

ROTH IRA

Roth IRAs allow after tax dollars to be saved for retirement.  Simply satisfy the 5 year waiting period and have a qualifying event (such as attaining the age of 59 1/2) and all withdrawals (contributions and earnings) are tax free.

TRADITIONAL IRA

Traditional IRAs offer immediate tax benefits with qualified contributions being tax deductible.  Distributions are taxable, but penalty free after age 59 1/2.

COVERDELL EDUCATION SAVINGS ACCOUNT

A beneficial non-deductible account that features tax-free withdrawals for the specific purpose of a child’s higher education expenses.

SEP (Simplified Employee Pension)

A retirement investment plan primarily developed to assist small business owners and farmers with retirement plans for themselves and their employees.

Tanya Roeder
Personal Banker - Main
troeder@maquoketasb.com 

Maggie Traverse
Personal Banker - Main
mtraverse@maquoketasb.com

Rachelle Zeimet
Personal Banker - Main
rzeimet@maquoketasb.com

Rebeka Reuter
Personal Banker - Main
rreuter@maquoketasb.com

Abby Fuegen
Personal Banker - Main
afuegen@maquoketasb.com