The First National Bank of Hugo-Limon

Accounts

Hugo and Limon

Checking & Health Savings Accounts

Student or Senior (Over 65) Checking Account
Minimum Opening Deposit: $50.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $0 – No charge
MasterCard Debit Card Free with Account
Regular Checking Account
Minimum Opening Deposit: $50.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $5 per month if average daily balance falls below $300.00
MasterCard Debit Card Free with Account
Health Saving Accounts
 
Note: Access to this account will be through electronic debits only.  Point of sale and ACH are an example of an electronic debit.  No checks will be issued or accepted for this account
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $2.00 per month if balance falls below $20.00
MasterCard Debit Card Free with Account

Interest Bearing Accounts

Click Here to view our current rates.

Money Market Account
Minimum Opening Deposit: $2,500.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $5 per month if average daily balance falls below $2,500.00
MasterCard Debit Card Free with Account
Number of Withdrawals per Month: 6 (six).  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited
NOW Account
Minimum Opening Deposit: $1,000.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $5 per month if average daily balance falls below $1,000.00
MasterCard Debit Card Free with Account
Super NOW Account
Minimum Opening Deposit: $50.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $0 – No charge
MasterCard Debit Card Free with Account
Passbook Savings Accounts
Minimum Opening Deposit: $50.00
Statement Cycle: Mailed Quarterly or Paperless
Service Charge: $5 fee if balance falls below $50
Number of withdrawals per month: 6 (six).  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited

Certificate of Deposits and IRAs

Click Here to view our current rates.

Certificate of Deposits (CDs)

Minimum Opening Deposit: $1,000.00
Grace Period: 10 days
Penalty: A penalty may be imposed for early withdrawal

IRA

Call (719) 743-2415 to ask about our IRAs.

Charges

Charges for Hugo/Limon Demand Deposit Accounts, Money Market, Now Account, Passbook Savings, and Super Now Accounts:

Deposit Item Return Charge: $2.00 per item
Stop Payment Charge: $25.00  payment fee
Sweep Charge: $1.00 per sweep
Account Closed Charge: $30.00 charge if closed before 90 days

Charges for Hugo/Limon Demand Deposit Accounts, Money Market, Now Account, and Super Now Accounts:

Overdraft Charge: $25.00 per item
OD/Return Check Charge: $25.00 per item
Overdrawn Account Charge: $3.00 per business day after 3 consecutive business days of being overdrawn

Leadville – First Mountain Bank

Checking Accounts

E-Z Checking

Minimum Opening Deposit: $100.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $0 – No charge
MasterCard Debit Card Free with Account

Senior Citizen Checking

Minimum Opening Deposit: $100.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $0 – No charge
MasterCard Debit Card Free with Account

Business Checking

Minimum Opening Deposit: $200.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $7.00 plus each debit item is $0.12, transit items deposited is $0.08.
Credit Earned: $0.10 earned per $100.00 minimum daily balance
MasterCard Debit Card Free with Account

First Choice Checking

Minimum Opening Deposit: $100.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge:

$0 – minimum daily balance is $500.00 & over
$3.00 – minimum daily balance is $375.00-$499.99
$4.00 – minimum daily balance is $250.00-$374.99
$5.00 – minimum daily balance is $100.00-$249.99
$7.50 – minimum daily balance is $0.00 – $99.99

MasterCard Debit Card Free with Account

Interest Bearing Accounts

Click Here to view our current rates.

Business Checking with Interest
Minimum Opening Deposit: $1,000.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $6.75 per month if monthly balance falls below $500.00 plus $0.14 per debit item over 22 items per month.
MasterCard Debit Card Free with Account
High Yield Checking Account
Minimum Opening Deposit: $10,000.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $10 per month if minimum balance falls below $10,000.00.  $5.00 fee for each transaction over 6 (six).
MasterCard Debit Card Free with Account
Number of Withdrawals per Month: 6 (six).  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited
Money Market Account
Minimum Opening Deposit: $2,500.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $10 per month if average balance falls below $2,500.00
MasterCard Debit Card Free with Account
Number of Withdrawals per Month: 6 (six).  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited
NOW Account
Minimum Opening Deposit: $1,000.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $6.75 per month if monthly balance falls below $500.00 plus $0.14 per debit item over 22 items per month.
MasterCard Debit Card Free with Account
Super NOW Account
Minimum Opening Deposit: $2,500.00
Statement Cycle: Mailed Monthly or Paperless
Service Charge: $10 per month if average balance falls below $2,500.00
MasterCard Debit Card Free with Account
Regular Savings Accounts
Minimum Opening Deposit: $50.00
Statement Cycle: Mailed Quarterly or Paperless
Service Charge: $3.50 every quarter if balance falls below $150.00 and more than 3 withdrawals per quarter = $0.75 charge
Number of withdrawals per month: 6 (six).  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited
Minor Savings Accounts
(16 years of age and under)
Minimum Opening Deposit: $25.00
Statement Cycle: Mailed Quarterly or Paperless
Service Charge: $0 – No charge
Number of withdrawals per month: 6 (six).  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited

Certificate of Deposits and IRAs

Click Here to view our current rates.

Certificate of Deposits (CDs)

Minimum Opening Deposit: $1,000.00
Grace Period: 10 days
Penalty: A penalty may be imposed for early withdrawal

IRA

Call (719) 743-2415 to ask about our IRAs.