Big enough to serve you… Small enough to know you

Personal Banking

The State Bank of Eagle Butte offers a broad range of banking products and services to meet our customers’ needs. Internet banking is just one of them. View your account balances, transfer funds, view history on your account, or pay your bills with the use of your debit card. Here at The State Bank of Eagle Butte, we are committed to providing you the service you would expect from a hometown bank.

Regular Checking

Regular Checking is for those customers who need a basic checking account.  You will like the convenience of receiving imaged copies of your cancelled checks with your monthly bank statement.  With this account you will have unlimited check writing privileges, and if you maintain a daily balance of $250.00 there is no service charge.  If the accounts daily balance falls below $250.00 at anytime during the statement cycle, a base service charge of $5.00 plus $.10 per check/debit for that statement cycle will apply.   We do require a minimum opening deposit of $100.00 to open this account, and the cost of your checks will depend on the type and style that you choose to use.

Student Checking

This is a special account for full time students under the age of 25.  You will have unlimited check writing privileges, (as long as you have money in the bank), and every month you will receive a monthly bank statement.  We do require a minimum opening deposit of $100.00 to open this account, however there is no base service charge for the student checking account.  The State Bank of Eagle Butte does require a responsible adult to be a joint account owner of the account if the student is less than 18 years of age.  Once a person is 18 they can change their contract with us and will be able to have their own account.

Organization Checking

This account is available to non-profit organizations that provide a tax identification number.  With this account you will have unlimited check writing privileges and every month you will receive a monthly bank statement.  We do require a minimum opening deposit of $100.00 to open this account, however there is no base service charge for the organization checking account.

Passbook Savings

This is our basic savings account designed especially for those with limited banking needs.  It is ideal for a first account for children or for those people who need only the most basic of savings accounts and do not have a lot to invest.  We can set up an automatic transfer from your checking account to your savings account at intervals determined by you.  We can also set up an automatic transfer to cover any possible overdrafts on your checking account.  No preauthorized ACH debits to parties outside of the bank are allowed.
Your passbook savings account includes:

  • Low opening deposit of $50.00
  • Daily minimum balance of $25.00 to keep this account open
  • $10.00 quarterly minimum balance fee if the balance of the account is less than $50.00 at the end of the quarter; balance of $50.00 or more at the end of the quarter no service charge
  • Interest compounded and credited quarterly
  • Limit of 6 transfers from your account each four(4) week or similar period

*Bank management determines the rate of interest paid.  At our discretion, we may change the interest rate on the account quarterly.   Feel free to call us for a quote on our interest rates.

Now Account

If you would like to have check writing abilities and still earn interest on your funds, a NOW account may be for you. As with our regular checking account you have unlimited check writing privileges and will receive a monthly bank statement.
Your NOW account includes:

  • Minimum opening deposit of $1500.00
  • Minimum daily balance of $1500.00 to earn interest
  • If the daily balance falls below $1500.00 during a statement cycle, there is minimum balance fee of $5.00
  • Interest compounded and credited monthly

*Bank management determines the rate of interest paid.  At our discretion, we may change the interest rate on the account weekly.   Feel free to call us for a quote on our interest rates.

Money Market Savings Account

This account pays a higher rate of interest than passbook savings account, but allows you easier access to your funds than a timed certificate of deposit.  The money market savings account requires a minimum opening deposit of $2500.00.  Bank statements for these accounts are run on a quarterly basis unless otherwise requested.
Your money market savings account includes:

  • Minimum opening deposit of $2500.00
  • Minimum daily balance of $2500.00 to earn interest
  • If the daily balance falls below $2500.00 during a statement cycle, there is minimum balance fee of $5.00
  • Interest compounded and credited monthly
  • Limit of 6 transfers from your account each four(4) week or similar period

*Bank management determines the rate of interest paid.  At our discretion, we may change the interest rate on the account quarterly.   Feel free to call us for a quote on our interest rates.

Certificate of Deposit

The State Bank of Eagle Butte offers a variety of Certificate of Deposits to meet our customers’ needs.  Below is a listing of our available CD terms:

  • 91 Day
  • 182 Day
  • 12 Month
  • 18 Month
  • 30 Month

The minimum amount needed to purchase a CD is $500.00.  Children under the age of 18 may purchase CD’s for a reduced deposit of $100.00.
These accounts will automatically renew unless otherwise noted.
A penalty may be imposed for early withdrawal.
Ask an associate for further details.

Individual Retirement Account

An IRA is a type of account that has been established by congress to assist people with planning for their retirement needs.  The State Bank of Eagle Butte offers every income earning individual and non earning spouse under the age of 70 ½ the benefits of tax deferral and savings for retirement.  Funds are invested into State Bank of Eagle Butte Certificates of Deposit and insured separately up to $250,000.00 by the FDIC.  A penalty may be imposed for early withdrawal.
Roth IRA’s are also available . . . please contact us at 605-964-3411 for further details.