BANKING BUILT FOR YOUR LIFE
Personal Deposit Products
From everyday checking to savings, HSAs, money market accounts and CDs, Ixonia Bank offers personal deposit solutions designed around your needs, goals and the way you bank.
Personal Checking Accounts
Ixonia Bank offers a variety of checking account plans in order to accommodate your lifestyle. To view fees associated with your Ixonia Bank deposit account(s), click here.
To learn what required documents you will need when opening up an Ixonia Bank Personal Checking account, click here. All Ixonia Bank Personal Checking Accounts that earn interest are calculated using an Annual Percentage Yield (APY) and are accurate as of the date listed on the rate sheet.
| Account Type | Freedom Checking | Patriot Checking | Ultimate Interest Checking | Star Checking |
|---|---|---|---|---|
| Account Overview | For those who prefer to handle their money electronically. | A traditional checking account with a low monthly minimum balance. | A tiered interest rate account for those who maintain a higher balance. | An account for those 50+ or Active Military/Veterans. Pays interest with no minimum balance. |
| Interest Paid | None | None | Current Rates Interest compounds monthly and is credited monthly. | Current Rates Interest compounds monthly and is credited monthly. |
| Minimum Balance to Open | $100 | $100 | $100 | $100 |
| Minimum Balance Required to Avoid Charges | None | $300 | $1,000 | None |
| Monthly Service Charge | None | $8.00 | $7.50 | None |
| To Reduce Monthly Service Charges | N/A | $5.00/month waived when $300 minimum balance is maintained during statement cycle. | $7.50/month waived when $1,000 minimum balance is maintained during statement cycle. | N/A |
| FREE Online Banking(2) | Available | Available | Available | Available |
| Statement Delivery | Electronic(3) or Paper | Electronic(3) or Paper | Electronic(3) or Paper | Electronic(3) or Paper |
| FREE Mobile Banking with Mobile Deposit(2,3,4,5) | Available | Available | Available | Available |
| FREE Online Bill Pay(6) | Available | Available | Available | Available |
| Other Benefits | No Annual Fee Debit Card. FREE ATM Transactions.(1) FREE 24-Hour Telephone Banking. | No Annual Fee Debit Card. FREE ATM Transactions.(1) FREE 24-Hour Telephone Banking. | No Annual Fee Debit Card. FREE ATM Transactions.(1) FREE 24-Hour Telephone Banking. | FREE box of checks each year.(7) FREE 3×5 Safe Deposit Box for 1 Year.(8) FREE account activity printout. FREE copies of personal documents. No Annual Fee Debit Card. FREE ATM Transactions.(1) FREE 24-Hour Telephone Banking. |
| Online Account Opening | Apply Online Today | Apply Online Today | Apply Online Today | Apply Online Today |
(1) Other banks may charge usage fees at ATMs not operated by Ixonia Bank, unless part of the ATM Access Network. Click here or see ATM Access Network Brochure for more details.
(2) Transactions made after 6:00PM, on weekends, and on holidays (including Federal ones) will be processed the next business day.
(3) Must be enrolled in Online Banking. Charges apply for paper statement delivery.
(4) Message and data rates may apply. Contact your mobile phone service provider for more details. Ixonia Bank Mobile App must be downloaded. The use of the Mobile Deposit feature requires a supported camera-equipped device. Mobile Deposit is available for iPhone® and Android™ phones.
(5) Deposits are subject to verification and not available for immediate withdrawal. The current daily deposit limit is $10,000 per day, and the current per check limit is $10,000. Other restrictions may apply. Contact us for more details.
(6) You must have an Ixonia Bank personal checking account and be an Online Banking user to use Ixonia Bank’s Online Bill Pay. Online Banking is offered at no additional cost to personal banking customers. Applicable fees will be disclosed in the user interface for, or elsewhere within, the Ixonia Bank Bill Pay product.
(7) Free checks applies to single style checks. One free order of checks per year.
(8) Subject to availability. Annual fee is waived for first year. Subsequent annual charges will be automatically debited from customer’s checking account at current safe deposit box charge.
All products and services are subject to approval. Other restrictions may apply. Contact us for additional information.
Savings & Money Market Accounts
All Ixonia Bank Savings & Money Market Accounts that earn interest are calculated using an Annual Percentage Yield (APY), and are accurate as of the date listed on the rate sheet.
View fees associated with your Ixonia Bank deposit account(s).
| Account Type | Statement Savings | Platinum Personal Savings2 | Cashus Kids Club Savings | Money Market1 | Relationship Money Market1,3 |
|---|---|---|---|---|---|
| Account Overview | A simple savings account great for those just starting to save, or set aside funds for unexpected purchases. | Designed for customers who maintain a higher balance and are looking for a competitive interest rate. | For kids 12 years and younger. Open this account and automatically become a member of our Cashus Kids Club. | Keep the flexibility of checkbook access while earning a variable interest rate based on balance. | Enjoy easy access yet earn a preferred rate for maintaining a relationship with Ixonia Bank. |
| Minimum Opening Balance | $100 | $25,000 | None | $1,000 | |
| Minimum Balance Required to Avoid Service Charge | $100 | None | None | $1,000 | |
| Interest Paid | Current Rates Interest compounds monthly and is credited monthly. | Current Rates Interest compounds quarterly and is credited quarterly. | Current Rates Interest compounds monthly and is credited monthly. | Current Rates Interest compounds monthly and is credited monthly. | Current Rates Interest compounds monthly and is credited monthly. |
| Maximum Monthly Withdrawals | N/A | N/A | N/A | 6 | 6 |
| Excess Withdrawal Charge | None | None | None | None | None |
| Monthly Service Charge | $3.00 if balance falls below $100 minimum | None | None | $5.00, plus $0.25 per check and withdrawal fee if balance falls below $1,000 minimum | $5.00, plus $0.25 per check and withdrawal fee if balance falls below $1,000 minimum |
| FREE Online Banking with eStatements and Mobile Banking | Available | Available | Available | Available | Available |
| Advantages | Account can be attached to checking for overdraft protection. | Account can be attached to checking for overdraft protection. | Enjoy a birthday card and gift each year, FREE piggy bank & activity book at account opening. | Account can be attached to checking for overdraft protection. | Account can be attached to checking for overdraft protection. |
| Online Account Opening | Open Account Now | Open Account Now | N/A | Open Account Now | Open Account Now |
(1) Ixonia Bank limits preauthorized and/or automatic transfers (including telephone and Internet Banking transfers) and withdrawals (check, draft, debit card or similar order) to six per month. You may make unlimited “in person” or ATM withdrawals.
(2) If balance falls below the $25,000 minimum, the account rate lowers by 0.08% APY.
(3) Initial, and ongoing, eligibility for the Relationship Money Market rate requires the customer to maintain an additional deposit or loan product with Ixonia Bank.
Rates may change after the account is opened for variable rate accounts. Fees imposed could reduce the earnings on accounts. Ask us for other applicable fees, terms and additional details.
CDs & IRAs
Whether you’re building savings or planning for retirement, our CDs and IRAs can help you confidently prepare for what’s next.
Certificate of Deposits (CDs)
CDs are an excellent alternative to traditional savings accounts because you earn higher yields while protecting your hard-earned money from fluctuating interest rates. Some of the reasons to choose an Ixonia Bank Certificate of Deposit are:
- Low minimum opening deposit of $1,000 on most terms
- Variety of CD terms ranging from 6 months to 5 years
- Depositors are FDIC insured up to the maximum allowed by law
Individual Retirement Accounts (IRAs)*
Whether you are starting a new Traditional or Roth IRA, or rolling over funds from an existing retirement account or a qualified employer plan into one of our IRA CDs at Ixonia Bank, the interest you earn will grow in a tax-advantaged manner. At Ixonia Bank, our IRA CDs feature:
- Low minimum opening deposit of $500 on most terms
- Variety of IRA terms ranging from 1 year to 5 years
- Tax-advantaged savings
- Depositors are FDIC insured up to the maximum allowed by law
What are the basic differences between a Traditional IRA and a Roth IRA?
Traditional IRAs
The annual contribution to a Traditional IRA is tax-deductible (if you qualify), but when you begin to withdraw money, you pay ordinary income tax on your withdrawals. Do you have other IRAs or an employee retirement plan distribution coming? You may be able to transfer or rollover these funds into one of our IRAs to allow your funds to continue to grow in a tax-advantaged account.
Roth IRAs
The annual contribution to a Roth IRA is not tax-deductible. Your contributions can be withdrawn any time tax and penalty-free; and after a 5-year holding period, you may be able to make federally tax-free withdrawals of your earnings. For current rates on our CDs and IRAs, visit our Current Rates page.
For more information on all our CD and IRA products, contact a Banker at an Ixonia Bank branch near you.
*Please contact an Ixonia Bank Universal Banker or the Internal Revenue Service’s website for further details on IRAs including eligibility, distributions, contribution limits, reporting requirements, and other possible restrictions. We also suggest a consultation with your financial or tax advisor to see how an IRA could benefit you.
Health Savings Accounts
Health Savings Accounts (HSAs) are designed to help individuals with qualified high deductible medical plans save to pay or reimburse their qualified medical expenses. An Ixonia Bank HSA features:
- No Set Up Fee
- $100 minimum opening balance
- Tiered interest based on balance
- No Annual Fee MasterCard® Debit Card1
- Unlimited Checking Writing2
- $3.00 monthly fee if total household deposits are less than $2,500
Click here for current rates. For more details about an Ixonia Bank HSA Account, speak with your Ixonia Bank Universal Banker for more details about opening an HSA account, including an explanation of qualified plans and expenses.
For complete HSA guidelines and tax information, please consult your tax advisor or visit the IRS’s website at www.irs.gov, for more helpful information.
(1) A second Ixonia Bank deposit account is required to be opened for overdraft protection before the issuance of an HSA Debit Card.
(2) Applies to qualified medical expenses.
LET'S GET STARTED
Find the right account for you.
Our experienced bankers can help you choose a personal deposit account that fits your needs and financial goals.