Products

Products

GPS Free Checking Account

Minimum balance to avoid fees

This account has a minimum opening deposit of $100.00.  There is not a minimum balance requirement after account opening.  Electronic statements are required on this account.

GPS Student Checking

One owner must be under age 19.

This account does not have a minimum opening deposit or minimum balance requirement.  Electronic statements are required on this account.

GPS Regular Checking Account

Minimum balance to avoid imposition of fees

A DDA maintenance fee of $2.00 will be imposed every statement cycle if the balance in the account falls below $200.00 any day of the cycle. This fee will not be charged for senior citizens 65 years of age or older, (if notified by senior citizen).

GPS Health Saving Account

Rate Information

Please call your local branch for current interest rate.  Your interest rate and annual percentage yield may change at any time.

Compounding and Crediting Frequency

Interest will be compounded every month.  Interest will be credited to your account every month.

Minimum Balance to Avoid Imposition of Fees

A service charge of $2.00 will be imposed every statement cycle that the balance in the account falls below $50.00 any day of the statement cycle.

Average Daily Balance Computation Method

We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle.

Accrual of Interest on Non-Cash Deposits

Interest begins to accrue on the business day you deposit noncash items (for example, checks).

GPS NOW Checking Account

Small Business Owner

Rate Information

Please call your local branch for current interest rate.  Your interest rate and annual percentage yield may change at any time.

Compounding and crediting frequency

Interest will be compounded every month. Interest will be credited to your account every month.

Minimum balance to avoid imposition of fees

A service charge of $10.00 will be imposed every statement cycle that the balance in the account falls below $1,000.00 any day of the cycle.  This charge is waived for customers age 65 or older (if notified by senior citizen).  This account has unlimited check writing and VISA debit card transactions.

Average daily balance computation method

We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle.

Accrual of interest on noncash deposits

Interest begins to accrue on the business day you deposit noncash items (for example, checks).

GPS Money Market Account

Rate Information

Please call your local branch for current interest rate.  Your interest rate and annual percentage yield may change at any time.

Compounding and Crediting Frequency

Interest will be compounded every month.  Interest will be credited to your account every month.

Minimum Balance to Avoid Imposition of Fees

There is an opening balance requirement of $1,000.00.  A service charge of $15.00 will be imposed every statement cycle that the balance in the account falls below $1,000.00 any day of the cycle.

Transaction Limitations

Withdrawals are limited to 6 per month after which a $10.00 per item fee will be charged.

GPS T-Bill Account

Rate Information

Please call your local branch for current interest rate.  Your interest rate and annual percentage yield may change at any time.

Compounding and Crediting Frequency

Interest will be compounded every month.  Interest will be credited to your account every month.

Minimum Balance to Avoid Imposition of Fees

There is an opening balance requirement of $10,000.00.  A service charge of $15.00 will be imposed every statement cycle that the balance in the account falls below $10,000.00 any day oft he cycle.

Transaction Limitations

Withdrawals are limited to 1 per month after which a $15.00 per item fee will be charged.

GPS Regular Savings Account

Rate Information

Please call your local branch for current interest rate.  Your interest rate and annual percentage yield may change at any time.

Compounding and Crediting Frequency

Interest will be compounded every quarter.  Interest will be credited to your account every quarter.

Minimum Balance to Open Account

You must deposit $10.00 to open this account.  There is not a minimum balance requirement after account opening.

Average Daily Balance Computation Method

We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is quarterly.

Accrual of Interest on Non-cash Deposits

Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

Transaction Limitations

Transfers from a Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month with no transfers by check, draft, debit card, or similar order to third parties.

Fees

A service charge of $2.00 will be charged each month that there are more than six withdrawals.

Christmas Club Account

Rate Information

Please call your local branch for current interest rate.  Your interest rate and annual percentage yield may change at any time.

Compounding and crediting frequency

Interest will not be compounded. Interest will be credited to your account annually on the last business day of October.

Effect of closing account

If you close your account before interest is credited, you will not receive the accrued interest.

Average daily balance computation method

We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is annually.

Accrual of interest on non-cash deposits

Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

Transaction limitations

If any withdrawal is made from this account before the last week of October the account will be closed.

Certificate of Deposit

A variety of certificates of deposit are made available by Great Plains State Bank with the following policies applicable to most:

  • Certificates are to be issued with a minimum deposit of $500.00.
  • Interest rates on new certificates are to be reviewed and set weekly.
  • Early withdrawal penalties shall be assessed which shall be the forfeiture of thirty days’ interest on certificates with an original maturity of less than one year and the forfeiture of three months interest on certificates with an original maturity of more than one year. Such penalties will not apply in the case of death of the depositor.
  • Interest rates on certain certificates may be negotiated on an individual basis, based primarily on other relationships with the bank.

IRA

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.

Compounding and Crediting Frequency

Interest will be compounded every quarter. Interest will be credited to your account every quarter.

Average Daily Balance Computation Method

We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is quarterly.

Accrual of Interest on Non-Cash Deposits

Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

Determination of Rate

At our discretion, we may change the interest rate on your account.

Transaction Limitations

Transfers from an IRA account to another account or to third parties by preauthorized or automatic transfer are limited to four per month with no transfers by check, draft, debit card, or similar order to third parties.

Fees

An administration fee of $25.00 will be charged for premature closure of an IRA.

Consumer Loans

Auto Loans, Personal Loans, Boat Loans, Recreational Vehicle Loans

How you borrow and who you borrow from are important. Local bankers who know you and know your community can help you choose what’s right for you. With a consumer loan from Great Plains State Bank you can finance new and used items. Stop in or contact us now to see about the competitive rates that we offer. With most consumer loans payments are a breeze by setting up an automatic funds transfer so you never have to worry about missing a payment. Also enjoy fast approval and instant loan closing – ability to close your loan within 15 minutes of approval on most consumer loans.

Agricultural Loans

When you deal with Great Plains State Bank you’ll be working with a knowledgeable, seasoned lender.

Men in Cornfield

We offer:

  • Ag Real Estate Loans with long term payment plans available and a choice of variable and fixed interest rates.
  • Operating Loans with an annual maturity and the option to secure it with real estate.
  • Machinery & Equipment Loans offering a choice of terms and either fixed or variable interest rates.
  • Livestock Loans with a variety of terms and fixed or variable interest rates.

Commercial Loans

Grow your business.

Meet your business’s financing needs with a commercial loan from Great Plains State Bank.