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WHAT ACCOUNT IS IN MY BEST INTEREST?
When you trust your money to a bank, you want to be sure it is in an account that is right for you. One that gives you the most for what you need. That's exactly why Star Bank of Texas has so many accounts from which to choose. From Star Bank's Checkless Checking to StarBurst Checking to Money Market accounts, you will find the one account that has your best interest at heart. As an added convenience, all of our checking accounts come with monthly imaged statements and are available in electronic form.
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Personal Accounts
Star Bank's Checkless Checking
StarBurst Checking
StarBurst Checking under 18 Minor Account
SuperStar Checking (over 50)
Business Accounts
Business Checking
Business Checking for Sole Proprietorship
Interest Bearing Accounts
Individual Now
Business Now
Money Market
Savings
Certificate of Deposit / IRA
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STAR BANK'S CHECKLESS CHECKING ACCOUNT
(Personal Checking)
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Minimum balance to open the account - You must deposit $100.00 to open this account.
Fees - There is no monthly service charge or per debit charge. Account comes with the following services at no additional charge: Debit Card, Direct Deposit, E-Statements, E-Notices, Internet Banking, and Bill Pay. (Auto Debit for loans is also available) Checks are not available for this account
Additional Terms - You must sign up for all services in order to qualify for account.
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STARBURST CHECKING ACCOUNT
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Minimum balance to open the account - You must deposit $100.00 to open this account.
Fees - A service charge fee of $5.00 will be charged every statement cycle.
Additional Terms - Account can be provided E-Statments/E-Notices. If you want to receive paper statements, an additional monthly fee of $2.00 will be charged.
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STARBURST CHECKING UNDER 18 MINOR ACCOUNT
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Minimum balance to open the account - You must deposit $100.00 to open this account.
Fees - A service charge fee of $5.00 per statement cycle will be waived until the Minor's 18 year old birthday.
Additional Terms - Account can be provided E-Statments/E-Notices. If you want to receive paper statements, an additional monthly fee of $2.00 will be charged.
You must be at least 16 years old to qualify for account.
A parent or legal guardian must maintain a separate deposit account with Star Bank of Texas.
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SUPERSTAR CHECKING ACCOUNT |
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(must be age 50 or older to qualify)
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Minimum balance to open the account - You must deposit $100.00 to open this account.
Fees - There is no monthly service charge or per debit charge.
Additional Terms - Account is provided paper statements unless customer signs up for E-Statements/E-Notices.
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BUSINESS CHECKING ACCOUNT
Non-Interest Bearing Account
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Minimum balance to open the account - You must deposit $500.00 to open this account.
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Minimum balance to avoid imposition of fees - A service charge fee of $29.95 and a per debit item fee of $.25 for each debit transaction (withdrawal, check paid, automatic transfer, ATM/POS or payment out of this account) will be imposed every statement cycle if the balance in the account falls below $3,000.00 any day in the cycle.
There is no service charge fee or a per debit item fee if the balance in the account is $3,000.00 and above every day during the cycle.
Additional Terms - Account can be provided E-Statements/E-Notices. If you want to receive paper statements, an additional monthly fee of $2.00 will be charged.
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BUSINESS CHECKING FOR SOLE PROPRIETORSHIP ACCOUNT
Non-Interest Bearing Account
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Minimum balance to open the account - You must deposit $100.00 to open this account.
Fees - A service charge fee of $5.00 will be charged every statement cycle.
Additional Terms - Account can be provided E-Statements/E-Notices. If you want to receive paper statements, an additional monthly fee of $2.00 will be charged.
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NOW ACCOUNT
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Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.
Minimum deposit to open - You must deposit $1,500.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $17.00 will be imposed every statement cycle if the balance in the account falls below $1,500.00 any day of the cycle.
Additional Terms - Account can be provided E-Statements/E-Notices. If you want to receive paper statements, an additional monthly fee of $2.00 will be charged.
Daily balance computation method - 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.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Fees - A per debit item fee of $.25 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of 50 during a statement cycle.
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This account is not a consumer account to which Truth in Savings applies.
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Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.
Minimum deposit to open the account - You must deposit $2,000.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $29.95 and a per debit item fee of $.25 for each debit transaction (withdrawal, check paid, automatic transfer, ATM/POS or payment out of this account) will be imposed every statement cycle if the balance in the account falls below $5,000.00 any day of the cycle.
Additional Terms - Account can be provided E-Statements/E-Notices. If you want to receive paper statements, an additional monthly fee of $2.00 will be charged.
Daily balance computation method - 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.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Must meet eligibility requirements.
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Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.
Minimum deposit to open the account - You must deposit $2,500.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
Additional Terms - Account can be provided E-Statements/E-Notices. If you want to receive paper statements, an additional monthly fee of $2.00 will be charged.
Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic interest rate to the principal in the account each day.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Transaction limitations - Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per monthly statement cycle.
Fees - A transaction fee of $5.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of the above limitations.
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SAVINGS ACCOUNT
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Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.
Minimum deposit to open the account - You must deposit $100.00 to open this account.
Minimum balance to avoid imposition of fees - A service charge fee of $5.00 will be imposed every month if the balance in the account falls below $100.00 any day of the month.
Additional Terms - Account can be provided E-Statements/E-Notices. If you want to receive paper statements, an additional monthly fee of $2.00 will be charged.
Daily balance computation method - 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.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Transaction limitations - Transfers from a savings account to another account or to third parties by preauthorized, automatic, or telephone, or computer transfer are limited to six per month with no transfers by check, draft, debit card or similar order to third parties.
Fees - A transaction fee of $4.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of three during a month.
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CERTIFICATE OF DEPOSIT/IRA
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Rate Information (fixed rate account) - The interest rate and annual percentage yield on your account is fixed. You will be paid this rate until first maturity.
Compounding frequency - Unless otherwise paid, interest will be compounded at maturity.
Crediting frequency - Interest will be credited to your account at maturity. Alternatively, you may choose to have interest paid to you by check or to another account monthly or quarterly rather than credited to this account.
Minimum balance to open the account - You must deposit $1,000.00 to open this account.
Daily balance computation method - 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.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Transaction limitations - You may not make any deposits into your account before maturity.
You may not make withdrawals of principal from your account before maturity.
You cannot withdraw interest from your account before maturity unless, at account opening, you arrange to have interest paid to you by check or credited into another account with us.
Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity) -
In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred plan. For any time deposit which earns an interest rate that may vary from time to time during the term, the interest rate we will use to calculate this early withdrawal penalty will be the interest rate in effect at the time of the withdrawal.
Automatically renewable time account - This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any) or we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance (if any) and other features as the original time deposit.
You will have ten calendar days after maturity to withdraw the finds without a penalty.
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PRINTABLE PERSONAL NEW ACCOUNT APPLICATION
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PRINTABLE COMMERCIAL NEW ACCOUNT APPLICATION
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| You must bring completed form and all required identifying documentation into a Star Bank branch location to open an account. |
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