HomeStar Bank -Checking, Savings, CD's and more


Classic Checking	- to top
Features $100.00 minimum deposit to open $6.00 monthly service charge if the daily balance drops below $500.00 any day of the month. Unlimited check writing A MasterMoney™ CheckCard is available on this account. Benefits This account is ideal for someone who prefers a no frills checking account. They can avoid all service charges with a $500.00 daily balance and write as many checks as they need. Mortgage Customer Privileges For HomeStar Bank mortgage customers: We will waive the $6.00 monthly service charge throughout the term of the loan. Typical Account Holders Include Customers wanting a "no frills" account, frequent check writers, or persons wanting a low monthly service charge.
Premier Checking Account	- to top
Features $100.00 minimum deposit to open $7.50 monthly service charge if the daily balance drops below $500.00 any day of the month Unlimited check writing A MasterMoney™ CheckCard is available on this Account. Interest will be paid on the entire balance in the account provided a daily minimum balance of $500.00 is maintained. Interest will not be earned on any day the balance in the account falls below $500.00. This is a variable rate, tiered account. Benefits This account rewards individuals as their balance grows. Customers may want to combine accounts in order to reach higher interest tiers. If the minimum balance is maintained, there is no service charge. Senior Privileges For customers 60 years of age or older: We will waive the minimum deposit to open the account, the $7.50 monthly service charge and will provide free personalized checks. Typical Account Holders Include Customers who desire interest on their checking account or carry high balances. Individuals might also use it as a savings account if they maintain over $5,000 or want unlimited access to their funds.
Free Checking	- to top
Features $100.00 minimum deposit to open No monthly maintenance fees A MasterMoney™ CheckCard is available on this Account. Benefits This account is ideal for someone looking to avoid monthly fees associated with most checking accounts. As long as a positive balance is always maintained, no fees will ever be assessed. Typical Account Holders Include Responsible individuals with a good credit history.
Student Checking	- to top
Features No minimum deposit to open No minimum balance required Unlimited check writing A MasterMoney™ CheckCard is available on this account with no annual fee First order of checks free Foreign ATM charge of $1.50/transaction applies to non STAR network ATM use Benefits This account is ideal for students who maintain a relatively low balance. Customers are able to avoid the higher fees associated with other accounts since the account has no monthly service charge. This account provides flexibility and convenient access to funds when away from home. Joint account ownership (see below) provides convenient access to the account by a parent to transfer or deposit funds. Requirements: Parent or guardian must be joint account holder. Eligibility lasts until age 22; at that time, the account will revert to a Free Checking unless customer provides proof of continued enrollment. Typical Account Holders Include High School and College students.
Cash Management Account	- to top
Features $5,000 minimum deposit to open $25.00 monthly service charge if the daily balance drops below $5,000.00 any day of the month Unlimited check writing A MasterMoney™ CheckCard is available on this Account. Interest will be paid on the entire balance in the account provided a daily minimum balance of $5,000.00 is maintained. Interest will not be earned on any day the balance in the account falls below $5,000.00. This is a variable rate, tiered account. For Individuals and Trusts established on behalf of individuals. Benefits This account rewards individuals as their balance grows. Customers may want to combine accounts in order to reach higher interest tiers. If the minimum balance is maintained, there is no service charge. Typical Account Holders Include Customers who desire interest on their checking account or carry high balances. Individuals might also use it as a savings account if they maintain over $5,000 or want unlimited access to their funds.
Advantage Checking Account	- to top
Features $50,000 minimum deposit to open $75,000 minimum balance to earn interest $25.00 monthly service charge if the daily balance drops below $75,000.00 any day of the month Unlimited transactions Free annual personal financial review A Free MasterMoney™ CheckCard is available on this Account Free Personalized checks with unlimited check writing ability Interest will be paid on the entire balance in the account provided a daily minimum balance of $75,000.00 is maintained. Interest will not be earned on any day the balance in the account falls below $75,000.00. This is a variable rate, tiered account. Benefits The Advantage Checking Account allows customers to earn a high rate of interest of their checking account funds without committing to a fixed time frame. Unlimited transactions, no service charge with minimum balance, and free Checkcard. Typical Account Holders Include Individuals who desire interest on their checking account and carry high balances with unlimited access to their funds.

Home Now Account	- to top
Features For our Mortgage customers only. No minimum deposit required to open No service charge for the life of the Mortgage loan No charge for initial supply of 8 checks and 100 deposit tickets. If the customer runs out, we will supply additional checks at no charge. Benefits Mortgage loan customers are not required to maintain an escrow account for property taxes and homeowner’s insurance. Saving regularly is the best way to ensure funds are available for these important purposes. The Home Now account is the escrow alternative. Checks should be written out of this account for tax and insurance purposes only. Typical Account Holders Include Mortgage customers who wish to save for escrow.
Health Savings Account	- to top
Features Interest paid monthly Service charge - $5.00 per month (If balance drops below $500.00) Annual Contributions subject to standard limits (catch up contributions available for ages 55 and older) Debit Card or checks available for withdrawal Monthly statement provided $100.00 minimum deposit to open Benefits By establishing a Health Savings Account (HSA) - in conjunction with a high deducible health plan (HDHP) - a customer is taking healthcare savings back into his/her own hands to help make the decisions that are right for them by taking advantage of HSA benefits. HSA contributions are deductible and, if amounts are used for qualified medical expenses, distributions of basis and earnings are tax-free. Also, HSA balances automatically roll over from year to year, allowing the customer to budget for health expenses and build up savings to cover qualified medical expenses when the need arises. Typical Account Holders Include Customers who have a high deductible health plan (HDHP).

Statement Personal Savings Account	- to top
Features $250.00 minimum deposit to open. $5.00 monthly service charge if the daily balance drops below $250.00 any day of the month. Six free withdrawals or transfers per month: $.50 thereafter. An ATM card or a MasterMoney™ CheckCard is available on this account. Benefits Ideal for people who desire to save money and who do not anticipate much account activity. The savings account is not designed as a transaction account and the fee structure nurtures savings. With no minimum balance for children under 18, it’s a great way to help children establish a savings habit. Statements of account activity will arrive monthly. An ATM Card or a MasterMoney™ CheckCard may also be available, giving customers continuous access to funds and easy transfers between accounts. The CheckCard must also be tied to a checking account. Typical Account Holders Include Children, adults, seniors, or anyone interested in saving money that may need access to deposited funds. Transaction Limitations There is no limit to the number of in-person or ATM withdrawals you may make from your account. The total of withdrawals you may make by pre-authorized, automatic, on-line, telephone or telebank transfers from your account in any one calendar month cannot exceed six. We may refuse any request for transfers in excess of these limitations. We may elect to close the account or terminate your ability to make pre-authorized, automatic, or telephone transfers from the account if you exceed these limitations.
Safari Savers Account	- to top
Features $10.00 minimum deposit to open. $10,000.00 maximum balance Six free withdrawals or transfers per month: $.50 thereafter Benefits Ideal account for encouraging children to save money. Each account opened receives a Safari Gift bag. Children ages 1 day to 15 years will earn a special above market rate and win prizes for reaching savings goals. Statements of account activity will arrive annually as this account is maintained like a passbook savings. Typical Account Holders Include Children up to the age of 15 years. Transaction Limitations There is no limit to the number of in-person or ATM withdrawals you may make from your account. The total of withdrawals you may make by pre-authorized, automatic, on-line, telephone or telebank transfers from your account in any one calendar month cannot exceed six. We may refuse any request for transfers in excess of these limitations. We may elect to close the account or terminate your ability to make pre-authorized, automatic, or telephone transfers from the account if you exceed these limitations.
Minor Statement Savings	- to top
Features $100.00 minimum deposit to open. No service charge Six free withdrawals or transfers per month: $.50 thereafter. Benefits Ideal for people who desire to save money and who do not anticipate much account activity. The savings account is not designed as a transaction account and the fee structure nurtures savings. With no minimum balance for children ages 16 - 18, it’s a great way to help children establish a savings habit. Statements of account activity will arrive quarterly. Typical Account Holders Include Children ages 16 - 18. Transaction Limitations There is no limit to the number of in-person or ATM withdrawals you may make from your account. The total of withdrawals you may make by pre-authorized, automatic, on-line, telephone or telebank transfers from your account in any one calendar month cannot exceed six. We may refuse any request for transfers in excess of these limitations. We may elect to close the account or terminate your ability to make pre-authorized, automatic, or telephone transfers from the account if you exceed these limitations.
Senior Statement Savings	- to top
Features No minimum deposit to open. No service charge Six free withdrawals or transfers per month: $.50 thereafter. Benefits Ideal for people who desire to save money and who do not anticipate much account activity. The savings account is not designed as a transaction account and the fee structure nurtures savings. With no minimum balance for individuals age 60 or better, it assists in building savings balances. Statements of account activity will arrive quarterly. Typical Account Holders Include Individuals age 60 or better. Transaction Limitations There is no limit to the number of in-person or ATM withdrawals you may make from your account. The total of withdrawals you may make by pre-authorized, automatic, on-line, telephone or telebank transfers from your account in any one calendar month cannot exceed six. We may refuse any request for transfers in excess of these limitations. We may elect to close the account or terminate your ability to make pre-authorized, automatic, or telephone transfers from the account if you exceed these limitations.
Savings Advantage	- to top
This is a Variable Account Features $5,000.00 minimum deposit to open $10,000.00 minimum balance Tiered Interest rates based on balance (Call or visit a branch for current rates) For deposits over $10,000.00, you receive a free quote on your homeowners and/or automobile insurance from HomeStar Insurance Services For deposits over $10,000.00, you receive a free financial consultation with an Investment Advisor from HomeStar Investment Services For deposits above $100,000.00, you receive a complimentary Estate Planning Review Session with an attorney from the HomeStar Bank Trust Department Benefits This account helps grow your money. Typical Account Holders Include Individuals only. Transaction Limitations There is no limit to the number of in-person or ATM withdrawals you may make from your account. The total of withdrawals you may make by pre-authorized, automatic, on-line, telephone or telebank transfers from your account in any one calendar month cannot exceed six. We may refuse any request for transfers in excess of these limitations. We may elect to close the account or terminate your ability to make pre-authorized, automatic, or telephone transfers from the account if you exceed these limitations.
Money Market Advantage	- to top
This is a Variable Account Features $25,000.00 minimum deposit to open $50,000.00 minimum balance $25.00 monthly service charge if the daily balance drops below $50,000.00 any day of the month Interest will be paid on the entire balance in the account provided a daily minimum balance of $50,000.00 is maintained. Interest will not be earned on any day the balance in the account falls below $50,000.00 (Call or visit a branch for current rates) $2.00 will be charge for each check in excess of three during a month $5.00 will be charged for each check written under $500.00 Transaction Limitations: No limit to the number of in-person withdrawals from the account. You may only make six transfers from you account each month by checks to third parties or bill payment via check. The minimum amount of a transfer allowed from this account is $500.00. Benefits This account allows investors to gain a high rate of interest on their deposits without committing to a fixed time frame. With check writing ability, the customer is able to pay for major purchases without visiting the bank to make a withdrawal. While the Money Market Advantage Account is not a transaction account, it does provide a great deal of convenience, as will as a high rate of return. The Money Market Advantage Account also provides customers the advantage of investments and insurance consultations. Typical Account Holders Include Individuals only.
Individual Retirement Account (IRA)	- to top
HomeStar Bank and Financial Services offers a vaiety of Individual Retirement Accounts. Certificates of Deposit ranging from 6 months to 48 months, and IRA Savings Account, as well as a complete line of IRA Investment Products through Raymond James Financial Services, Inc. • Click here to link to Investment Services •
Certificate of Deposit	- to top
Features Minimum Deposits from $1,000 to $2,500 Interest accrued daily Interest compounded monthly, quarterly and semi-annually Variety of rates and terms to meet individual needs Benefits The certificate of deposit is a vehicle that allows customers to gain higher rates of interest, in return for agreeing to deposit their money for a given period of time. The longer the term of the certificate, the greater the compensation in terms of interest rate. One benefit a CD has over alternative investments is that of safety. Each depositor is insured up to $250,000.00 by the FDIC. By saving locally, depositors are putting money back into their local communities. Typical Account Holders Include Seniors, baby boomers, persons desiring a higher interest rate, and persons concerned about investment safety. • Click here to link to Retirement Planning Calculator •
Easy Access CD	- to top
Features Minimum deposit $2,500 Interest accrued daily Interest paid at maturity Cannot withdraw during the first 7 days of the term or within 7 days of a previous withdrawal Fixed rate for 6 months Can withdraw down to $1,000 $1,000 minimum withdrawal limit Benefits The Easy Access CD gives customers a higher rate of return than a savings account and also provides them with greater liquidity than a certificate of deposit. The term of this certificate is 6 months, but customers are able to withdraw at any time. Typical Account Holders Include Seniors, baby boomers, persons desiring a higher interest rate without losing liquidity.