About Banking

At 5Star Bank, your satisfaction is our mission. Give us a try. We can help bring peace of mind within your reach with products and services that put you first.

Freedom NOW Checking

Your checking account has never been so hassle-free. – The 5Star Bank Freedom Now Checking allows you to pay your bills online, access a "surcharge free" network of 32,000 ATMs across the country, and pays interest on your balances of $1,000 or more

• Free online bill payment and account access
• Free 5Star CheckMate Card – works as both a Visa® debit and ATM card
• Unlimited check writing privileges with no "per check" charges
• Monthly electronic statements available by e-mail or mail
• Overdraft protection available

Savings Account

Whether you're looking to save for the long-term or for an upcoming vacation, the 5Star Savings account is perfect to get you started. Interest is paid on all balances at competitive national rates. With convenient 24-hour access to your account online or through our voice banking systems, you will always be in control.

Savings account features include:

• Six preauthorized debits each month. **
• $100 minimum balance required to avoid $2 service fee.
• Clear and concise quarterly statements.
• Free telephone transfers and balance inquiries.

Money Market Accounts

This account offers the benefits of a savings account and the flexability of a checking account, with limited check writing. You may open a Money Market account for as little as $1,000 and begin to earn your compounded daily interest immediately. And with a free ATM card you will always be in touch with your account.

Money Market account features include:

• Free set of starter checks
• Free ATM card upon request
• Up to six pre-authorized debits each month, three may be by check.
• No minimum dollar amount required for writing checks
• Unlimited use of your ATM card for withdrawals, transferring funds between accounts, or balance inquiries.
• Minimum daily balance of $1,000 is required to obtain the disclosed annual percentage yield (APY) and to avoid a $5 service fee.
• Consolidated monthly statement comes with copies of your cancelled checks.

CheckMate Card

Leave your checkbook at home. The 5Star Bank CheckMate Card allows, access to 32,000 "surcharge free" Allpoint ATMs nationwide and gives you access to the money in your account wherever Visa® debit cards are accepted.

Features of the CheckMate Card:

• Allpoint ATM surcharge free network - 32,000 locations nationwide.
• No annual fee
• Works wherever Visa® debit cards are accepted
• Purchases are conveniently deducted from your checking account
• Activity is detailed in a monthly statement - available electronically or by mail

Individual Retirement Account (IRA)

An IRA can help you plan for your retirement and increase your investment options for your future retirement. With tax-deferred interest earnings, your savings will grow more rapidly allowing you to maximize your income. It's simply the smart way to invest in your future.

Features of a Traditional IRA

• Taxes on interest are deferred until funds are withdrawn
• Withdrawals with no IRS penalties can begin at age 59 1/2 and earnings are taxed at your regular income tax rate upon withdrawal
• Contribute up to $4,000 for tax year 2006. If you are 50 or older you may contribute $5,000
• Variable rates available with $250 opening deposit; fixed rates available with $1,000 opening deposit
• Variable rates options allow you to make additional deposits

Roth IRA

A Roth IRA can help you plan for your retirement and increase your investment options for your future retirement. Unlike the traditional IRA, the Roth IRA contributions are not tax-deductible; rather, earnings and qualified distributions are tax-free. It's simply the smart way to invest in your future.

Features of a Roth IRA

• Qualified distributions from the account are not taxable.
• Taxable earnings only takes place if the distribution is not a qualified distribution.
• Roth IRA's are not restricted by participation in an employer sponsored retirement plan.
• Contribute up to $4,000 for tax year 2006. If you are 50 or older, you may contribute $5,000.
• Unlike the deductible IRAs, there is no prohibition on making contributions after attaining the age 70 1/2

Certificate of Deposit (CD)

Whether you're just starting to build your savings or well on your way, a Certificate of Deposit (CD) from 5Star Bank is an excellent investment. Interest rates on 5Star Bank CDs are guaranteed for the term of the investment, regardless of the changing market conditions.

Certificate of Deposit Features:

• Select the term that's right for you 6-month, 1-year, 18-month, 2 years, 2.5-year or 5-years.
• Open your CD with as little as $1,000.
• Open your CD by mail*, wire transfer or by stopping by 5Star Bank branch location.
• Enjoy competitive rates of interest on all CDs.
• Earned interest may be added to the principal, transferred to another 5Star Bank account, sent to you as a monthly check, or sent to an another bank.
• Interest is compounded daily and credited monthly.

* When opening an account by mail, you will receive the interest rate that is in effect on the day your application and check are received by the bank. Note: Withdrawals on principal prior to maturity will incur a substantial penalty.