Personal Banking Products
Contact Our
Personal Banking Specialists
Glen Lake:
(952) 935-8663
Country Village:
(952) 935-5995
Contact Our
Personal Banking Specialists
Glen Lake:
(952) 935-8663
Country Village:
(952) 935-5995
Open A Checking And Savings Account
To meet the needs of all members of our community, First Minnetonka offers a variety of checking and savings accounts, each providing unique services. Call your personal bankers or come in today for more information or to open an account.
CHECKING ACCOUNTS
First Minnetonka offers you the following checking account options, each with unique features to meet our customers' needs.
Ultimate Relationship Checking - available to all customers who have a combined balance of $10,000* in deposits and/or loan balances
- Earn interest each day you maintain a $500 collected balance*
- Free personalized checks (limited designs)
- Free online banking and Bill Pay
- eStatements available
- Check images provided with statements
- No fees for basic Travelers Checks, Cashiers Checks and Money Orders
- Discount on safe deposit box
- Free investment consultation
- Instant Cash and Check® Card
Ultimate Gold - available to customers age 60 and older
- No minimum balance; no monthly service charge
- Earn interest each day you maintain a $500 collected balance*
- Free personalized checks (limited designs)
- Free online banking and Bill Pay
- eStatements available
- Check images provided with statements
- No fees for basic Travelers Checks, Cashiers Checks and Money Orders
- Discount on safe deposit box
- Free investment consultation
- Instant Cash and Check® Card
Ultimate Interest Checking
- Earn interest each day you maintain a $500 collected balance*
- Free online banking and Bill Pay
- eStatements available
- Check images provided with statements
- Free investment consultation
- Instant Cash and Check® Card
Ultimate Free Checking
- No minimum balance
- No monthly service charge
- Free online banking
- eStatements available
- Automatic check safekeeping
- Free investment consultation
- Instant Cash and Check® Card
* Please contact a Personal Banker for a current rate sheet and additional terms and conditions. Interest rates are subject to change. A $25 minimum deposit is required to open all checking accounts. See Truth in Savings Disclosure for details.
Ready Reserve or Preferred Line of Credit
If you write a check for more than your balance, your ready reserve line automatically advances funds to your checking account, up to your approved limit, to cover your check. Consult a Personal Banker for more information.
HEALTH SAVINGS ACCOUNTS (HSA)
Now you don't have to be sick to realize benefits on the money you pay for health insurance coverage. An HSA allows those covered by a high deductible health insurance plan to pay for qualified medical expenses with tax free dollars. Contributions to an HSA are fully deductible, the earnings grow tax deferred, and distributions to pay or reimburse qualified medical expenses are tax free. Each year, the money you save on lower health insurance premiums can be deposited into this tax-favored savings account and the funds you accumulate rollover from year to year.
The IRS publication 969, Health Savings Accounts and Other Tax-Favored Health Plans, found on the IRS web site can provide detailed information about HSAs.
SAVINGS ACCOUNTS
When placed in a First Minnetonka savings account, your money will work for you. We offer you the following savings accounts to make saving simple and convenient:
Thrift Savings
This account is designed especially for those getting started. No service charges apply when you maintain a $50.00 minimum balance.*Advantage Savings
No service charges apply when you maintain a $200 minimum balance.*Money Market Savings
Our Money Market Savings account offers the liquidity of a savings account, but earns money market rates with the safety of FDIC insurance. No fees apply when a $1,000 minimum balance is maintained.*
*A $50 minimum deposit is required to open all savings accounts. See Truth in Savings Disclosure for details.
Certificates of Deposit (CDs)
Save money the safe way or earn extra on the money you're saving for a purchase by investing in a CD. First Minnetonka's CDs earn fixed interest rates. Most CDs require a $1,000 minimum investment.*
Check our great rates for current rates and additional terms and conditions. Interest rates are subject to change.
