Personal Checking

Rayne State Bank offers a full range of personal checking accounts to meet your needs.

All of our checking accounts offer Check Imaging, a service provided by Rayne State Bank in which you will receive images of your checks with your monthly statement.

Images are in check sequence number order for easier reconciling of your account.

Check Imaging reduces the amount of clutter that checks can make and keeps your documents together in one simple package. Should you have any questions, please contact Customer Services.

Advantage Club Checking*

Advantage Club is an exclusive checking account providing a level of personalized service not found in other checking accounts for only $8.50 per month. For more information go to our Advantage Club Web site.

  • Personalized Checks. Receive 2 boxes of personally imprinted checks annually at no additional cost to you. Your member checks will be printed with your name and address.
  • Official Checks, Money Orders, and Stop Payments. These secure, convenient instruments are available to you at no charge.
  • Unlimited Check Writing. Write as many checks as you need each month. There is no extra charge for this convenience.
  • Consumers Newsletter. Learn how to spend smarter, live better, and enjoy your leisure time more. Four great issues each year for your reading pleasure.
  • Savers Club Book. Everyday savings right at your fingertips.  Find savings on movie tickets, theme parks, grocery coupons, car rentals, and much more.  With the Savers Club Book you can also save up to 50% on rack rates at over 4,400 participating hotels, motels, and inns.
  • Personal ID Card. Your personal identification card provides information about discounts and toll-free numbers.
  • Safe-Deposit Box. Save 50% on the rental of your Rayne State Bank Safe-Deposit Box (subject to availability).
  • Payment Card Protection. When your credit, ATM, and check cards are registered, just call the toll-free, 24-hour number to report a loss or theft, and all your card issuers will be notified for you. You'll also receive protection against any liability on every registered card.
  • Everyday Rebate Rewards. Get cash back simply by purchasing items you use every day.  Save your receipts when you eat out or buy groceries, clothing, or pet supplies.  At the end of every quarter, send the receipts (up to $100) with your Everyday Rebate Rewards request form and receive 10% cash back.
  • Hotel Savings Network Discounts at Popular Lodging Chains. Save up to 30% every time you stay at one of the 4,000 participating hotels nationwide.   There is no limit to the number of times you can take advantage of your savings!
  • Free ATM or MasterMoney Debit Card. Apply for your card and use it at thousands of locations worldwide. There is no monthly or annual fee.
  • Free 24-Hour Banking. Call VELMA, our telephone teller. She will help you make unlimited inquiries or transfers among your accounts.
  • Accidental Death Insurance Family Plan.
    • $10,000 coverage for members
    • $10,000 coverage for your spouse
    • $1,000 coverage for each dependent child
      The Accidental Death Insurance coverage doubles for you, your spouse, and each dependent child when you travel by licensed Common Carrier. Plus, increased 24-hour coverage should loss occur in a private automobile where the covered individual is wearing a seatbelt. Coverage for your entire family is just $2 extra per month.
  • Identity Theft Insurance with Fraud Assistance. Identity theft is time-consuming and costly. You’ll have up to $2,500 in financial compensation for qualified expenses incurred in the recovery of your stolen identity. Included in this benefit is Fraud Assistance, a comprehensive service designed to help with the hassle of clearing your good name. You’ll receive expert help to assist you in organizing paperwork, advice about notifying creditors, and more.
  • MyID MattersSM. Stay up to date on identity theft-related issues with access to MyIDMatters. This educational Web site is designed to keep you informed of topics associated with personal identity and security fraud. Consider this your one-stop site for fraud and identity protection news and education.
  • Cash Rewards! How would you like to earn $100, $200, $300, or more just for shopping? Now you can earn money back by making purchases through the Cash Rewards Web site using the credit or debit card you register. Eligible cash rewards will automatically be refunded to your registered card as a credit on your monthly statement. Shop as much as you want, anytime you want, and earn great savings!
* Advantage Club benefits are not deposits, not FDIC-insured, not insured by any federal government agency, not guaranteed by the Bank, and may decrease in value.

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Advantage Club Plus Checking.*

For an interest-bearing account, join our Advantage Club Plus program for a low monthly rate of only $10.50. As added value, you will enjoy the special benefits of the Advantage Club program as well. For more information go to our Advantage Club Web site.

* Advantage Club Plus benefits are not deposits, not FDIC-insured, not insured by any federal government agency, not guaranteed by the Bank, and may decrease in value.

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Personal Checking

The most basic money management tool, the personal checking account serves the needs of those who know what their monthly costs are and wish to keep track of bills through payment by check or debit card, which is your indisputable proof of purchase. Pay only $7 per month or pay nothing at all if you maintain an average balance of $1,000. There is a transaction fee of $0.10 per debit over 35 in a statement cycle. This transaction fee is waived if you maintain an average balance of $2,500. Open with as little as $100.

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Personal Interest Checking

We recommend this account for you if you keep higher balances in your account and want unrestricted check writing. You earn interest with no minimum balance to maintain and interest is accrued on a Tiered Interest Rate Structure (see our rate sheet of most current rate posting). Pay only $8 per month or pay nothing at all if you maintain an average balance of $1,500. There is a transaction fee of $0.15 per debit over 35 in a statement cycle. Regardless of your balance, you will earn interest on any balance you keep in your account. Open with as little as $100.

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Personal Money Management

If you want higher interest earnings and require liquidity, this account is for you. This account allows you the freedom to place excess cash in an investment and take advantage of an opportunity should it knock on your door. You earn interest with no minimum balance to maintain and interest is accrued on a Tiered Interest Rate Structure (see our rate sheet of most current rate posting). Keep an average balance of $2,500 in your account and avoid paying a $10 monthly service charge. Effective July 2, 2009, you are allowed 6 withdrawals per statement cycle without a transaction fee.. Thereafter, a transaction fee of $10 is assessed per withdrawal . Open with as little as $100.

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Penny Pincher Checking

Monthly service charges vary depending on your choice of Penny Pincher account:

               $ 0.01 – e-Statement

               $2.00 – without e-Statement

Get an ATM/Debit Card for 24-hour access to your account for:

                $0.99 – e-Statement

                $1.00 – without e-Statement     

There is no minimum balance required to avoid service charge. Open with as little as $100.00.

There is a transaction fee of $0.10 per debit over 35 in a statement cycle.


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Compare Checking Plans

Personal Checking Penny Pincher Checking Personal Interest Checking Personal Money Management
Deposit To Open $100 $100 $100 $100
Average Balance to
Avoid Service Charge
$1,000 NONE $1,500 $2,500
Monthly Service Charges $7 $ .01 E-Statement
$2.00 w/o E-Statement
$8 $10
Transaction Fee Maintain an average balance of $2,500+ unlimited check writing;
average balance less than $2,500,  
$0.10 per debit over 35 in statement cycle
$0.10 per debit over 35 in statement cycle $0.15 per debit over 35 in statement cycle 6 withdrawals per statement cycle. $10 per withdrawal thereafter
Interest & Method of Payment None None A Tiered Interest Rate Structure. Interest is compounded & credited monthly. The daily periodic rate is calculated on the average daily balance. A Tiered Interest Rate Structure. Interest is compounded & credited monthly. The daily periodic rate is calculated on the average daily balance.
Additional Special Features & Products for Accounts
Statement Check Imaging FREE FREE FREE FREE
24-Hour ATM/Debit Card Monthly Fee FREE $ .99 w/ E-Statement
$1.00 w/o E-Statement
FREE N/A
Telephone Voice Response and Internet Banking Services FREE FREE FREE FREE
Automatic Bill Payment Yes. Ask your Customer Service Representative Yes. Ask your Customer Service Representative Yes. Ask your Customer Service Representative N/A

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