Terre Haute Savings Bank

Checking Accounts

Checking Plus

  • You must deposit $50.00 to open this account.
  • No minimum balance requirement.
  • No monthly maintenance service charge will be assessed on this account.
  • No interest paid on this account.
  • Complimentary first check order.

NOW Checking

  • You must deposit $1,000.00 to open this account.
  • To avoid the $5.00 monthly maintenance service charge, the account balance must not fall below $1,000.00 any day during the statement cycle.  A monthly maintenance service charge of $0.10 will also be imposed for each debit if the balance falls below $1,000.00 during the statement cycle.
  • Interest is compounded daily and credited monthly.

Super NOW Accounts

  • You must deposit $2,500.00 to open this account.
  • Interest is paid on two tiered levels: less than $2,500.00 and $2,500.00 or more.
  • If the balance falls below $2,500.00 during the statement cycle, a $10.00 monthly maintenance service charge will be imposed.
  • Interest is compounded daily and credited monthly.

Platinum Plus

  • You must deposit $100.00 to open this account.
  • You must maintain an aggregate balance of $5,000.00 in all THSB accounts; should you fall below the $5,000.00 aggregate balance, the account will convert to a Super NOW Checking Account.  
  • You must be age 50 or older to qualify for this account.
  • Interest is paid on two tiered levels: less than $2,500.00 or $2,500.00 or more.
  • No monthly maintenance service charge will be assessed on this account.
  • Interest is compounded daily and credited monthly.
  • Complimentary checks in the Platinum Plus style.
  • Complimentary cashier's checks.
  • Complimentary review of wills, assets, trusts, and estate plans.

Direct Deposit Checking

  • You must deposit $50.00 to open this account.
  • There is no minimum balance requirement.
  • No monthly maintenance service charge will be assessed on this account.
  • Interest is compounded daily and credited monthly.

Money Market Plus

  • You must deposit $1,000.00 to open this account.
  • A monthly maintenance service charge of $20.00 will be imposed each month the balance falls below $1,000.00.
  • If your account is closed within six (6) months of the date opened, a $25.00 close-out penalty will be imposed.
  • You may make only six (6) preauthorized transfers from your account each calendar month.  These transfers include preauthorized transfer/debit (ACH), debit card, internet transfer to another account, telephonic transfer to another account, check to third party and transfers to cover same bank overdrafts (OD Protection).  Withdrawals/transfers made in person, by mail or at an ATM are unlimited.
  • A minimum amount of $500.00 is required for each debit (in person withdrawals, checks, telephone transfers and external withdrawals/ACH).
  • Interest is compounded daily and credited monthly.
  • Interest is paid on five tiered levels: less than $1,000; $1,000 but less than $10,000; $10,000 but less than $50,000; $50,000 but less than $100,000; and $100,000 or more.

Checking Account Disclosures

Interest begins to accrue on the business day you deposit non-cash items (for example, checks).  We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.  We may change the interest rate on your account at any time.  If you close your account before interest is credited, you will receive the accrued interest.  Our rates are determined at our discretion.

By signing the signature card, your account will be opened and you are bound to the agreement and the rules and regulations in it.  Only an officer of the Bank may vary the terms of agreements and it is only effective when done in writing by an officer.

State law requires banks to surrender unclaimed or otherwise assumed abandoned property to the Attorney General’s office.  If we are unable to contact you by mail or you have not kept in contact with the Bank within three (3) years, with you initiating no activity, it will be presumed abandoned.  You may contact the Bank for the address and/or appropriate form to claim this property once it has been forwarded to the Attorney General.