Important Dates

Monday, July 20, 2015

-All branch locations will remain open and will observe regular business hours. Orange City will also have new Saturday Drive-Up hours of 8:30am- 11:30am.

-You will be able to use your debit card for ATM and point- of- sale transactions. Online Banking at this point will be unaffected, although you will also be able to log in through American State Bank’s website in the upper right hand corner of the page under Community Bank Login.

-Your account information will remain the same.

 

Monday, September 21,2015

-Your Community Bank account will be converted to an American State Bank account. A small percentage  (4%) of Community Bank customer account numbers will change but if you have not been notified of the change then your account number will remain the same.

– Your online banking for Community Bank will no longer be active and you will have a login for American State Bank online banking. You will receive instructions before this date on how to log in to your new online banking. This login will also work for our mobile app. To find our app, search for “American State Bank” in your app store.

 

 

Frequently Asked Questions

Why have Community Bank and American State Bank merged?

On April 27, 2015 it was jointly announced that American State Bank and Community Bank signed a definitive agreement to merge. On July 1, 2015, Community Bank and American State Bank merged to create a stronger community bank for you. In addition, the merger of both banks provides added convenience, enhanced products and services, and higher lending limits to Community Bank customers.

What should I know about American State Bank? 

American State Bank will have 8  locations by the end of this year across Iowa and South Dakota: Alton, Alvord, Granville, Hospers, Hull, Orange City, Sioux Center and Sioux Falls. American State Bank is the largest bank in Sioux County and the second largest agricultural bank in Iowa. American State Bank has local decision making and supports many community projects and organizations.

Will Community Bank change its name to American State Bank?

Yes as of July 20, 2015 Community Bank in Alton and Orange City will be known as American State Bank.

How will the bank merger impact me as a customer of Community Bank?

We are working toward a seamless transition. Until full conversion of all systems, you will see minimal changes to your day-to-day banking. However, when applying for a new loan, credit card, or merchant services you will be presented with American State Bank’s products.

How are Community Bank and American State Bank alike?

This was an excellent opportunity to combine two well-respected community banks that share a deep commitment to our customers and local communities. We both maintain similar core values of integrity, relationship banking, and value-added service. This merger will allow us to serve you with more resources and proven stability while preserving the spirit of community banking.

How can I contact the bank if I have any questions?

You may contact any of our branch locations if you have questions regarding the merger or any of our products.

 

Locations and Hours

All community bank locations will resume normal business hours, in addition to Saturday Drive-up hours in Orange City from 8:30am – 11:30am.

Locations & Hours

Letters to Customers

Personal Account Information

Personal Checking Accounts

Here is  a list of the accounts that American State Bank currently offers. Until September 21 nothing will change with your account. On September 21 you account will be converted into an American State Bank account. If you have any questions regarding this change please call your local branch.

Rewards Checking

American Advantage

Totally Free

American Gold

 

Personal Savings Accounts

Statement Savings

All American College Plan

Money Market

 

Compare Charts

 

Services and Fees

Services and Fees

Fax Transfers
Outgoing…………..$5 long distance + $.25/pg
Incoming…………………………………………….$.50/pg
Wire Transfers
Outgoing Domestic…………………………….$20.00
Outgoing International………………………$41.50
Non-Customer……………………………………..$10.00
Incoming Customer………………………………….N/C
ACH Fees
Late ACH File………………………………………….$5.00
ACH Transfer File…………………………………..$5.00
Stop Payments**…………………………………………$20.00
Recurring Stop Payments**……………………….$25.00
NSF Returned Item Fee……………………..$25.00/item
NSF Paid Item Fee………………………………$20.00/item
Telephone Transfers from:
Checking/Savings Account……………………..N/C
Overdraft Protection – (Non-Business Acct.)….$25.00/yr
ATM Network Transaction Fee
American State Bank & American Bank Owned
ATM’s………………………………………………………….N/C
Outside SHAZAM (Iowa) Network*………$0.93
Photo Debit Card…………………………………………$10.00
Photo/Debit Card/ATM Card (Replacement)**$10.00
Money Market Deposit Account Drafts…$1.00/ea
Cashier’s Checks…………………………………………….$5.00
Personal Money Orders………………………………..$3.00
VISA gift cards………………………………………$3.00/card
Copy & Research**………………………Fees may apply
Money Bags
Zippered…………………………………………………$5.00
Zippered with Locks……………………………$12.50
Night Depository Key (replacement)…………………$1.50
Coin Counting & Wrapping………………….$0.10/roll
Photo-Copies………………………………………..$0.25/page
Check Cashing
Non-Customer (checks not drawn on us)………..$5.00
Non-Customer with verification
(checks drawn on us)………………………………$10.00
Dormant Account Fee…………………………..$2.00/mo
Garnishment/Levy Fee……………………………….$50.00
Return Mail Fee………………………………………………$5.00
Medallion Stamp Guarantee……..Service of
American Investment and Trust

Safe Deposit Box Rentals
3” x 5”…………………………………………….$15.00/yr
5” x 5”…………………………………………….$20.00/yr
3” x 10”………………………………………….$25.00/yr
5” x 10”………………………………………….$40.00/yr
7” x 10“…………………………………………..$40.00/yr
10”x 10”…………………………………………$45.00/yr
18” x 20”………………………………………..$50.00/yr

Lost Deposit Box Key…………………$10.00/key
Deposit Box Drill Charge………………..$120.00

Contents in Safe Deposit Box are not FDIC insured

Letter of Credit….Non-refundable/pro-rated
2.00% up to $5,000…………..min $50.00
1.50% up to $100,000…….min $100.00
1.00% over $100,000…..min $1,000.00
Collection Items…………………………………$12.00
Coupon Collections……………$8.00/envelope
Lost Loan Coupon Payment Book……..$5.00
Amortization Schedule……………………….$3.00
Additional copies…………………..$1.00/ea

 

* There are some states that refund of ATM’s may not apply

**Sales Tax will be applied where required by law

Disclosures