Deposit Products & Services

Checking Accounts | Money Market Products
Savings Products | Certificates of Deposit
Hawthorn Bank Switch Kit

Hawthorn Free Checking
Basic Free Checking Account

• No Minimum Balance
• No Maintenance Fees or Check Fees
• Unlimited Check Writing
• ATM / Debit Card Available *
• Overdraft Protection Available **
• Free On-Line Banking and Bill Paying

Hawthorn Plus Checking
Basic Free Checking Account With Monthly Image Statements

• No Minimum Balance
• $2 per month Maintenance Fee for Check Images
• Unlimited Check Writing
• Monthly Image Statements
• ATM / Debit Card Available *
• Overdraft Protection Available **
• Free On-Line Banking and Bill Paying

Hawthorn Status Plus Checking
Basic Free (Non-Interest Bearing) Checking Account With Monthly Image
Statements for Customers 50 Years of Age and Older

• No Minimum Balance
• No Maintenance Fees or Check Fees
• Unlimited Check Writing
• Monthly Image Statements
• ATM / Debit Card Available *
• Overdraft Protection Available **
• Free On-Line Banking and Bill Paying

Hawthorn Small Business
Small Business / Low Volume Free With Monthly Image Statements

• Any Non-Personal Entity May Qualify For This Account
• No Minimum Amount To Open
• No Minimum Balance
• 50¢ Maintenance Fee Per Item for All Items Over 150
• Unlimited Check Writing
• Monthly Image Statements
• ATM / Debit Card Available *
• Overdraft Protection Available **
• Free On-Line Banking
• On-Line Bill Paying Available

Hawthorn Business Money Management
Commercial Checking Account

• Any Non-Personal Entity May Qualify For This Account
• $100 Minimum Amount To Open
• No Minimum Balance
• Account Analysis To Determine Maintenance Fee
• Per Item or ACH Fee Depends Upon Account Analysis
• Unlimited Check Writing
• Monthly Image Statements
• ATM / Debit Card Available *
• Overdraft Protection Available **
• Free On-Line Banking
• On-Line Bill Paying Available

Hawthorn NOW
Basic Personal N.O.W. (Interest Bearing Checking) Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• $8 per month Maintenance Fee...If Account Falls Below $1,000
• Unlimited Check Writing
• Truncated Monthly Statements
• ATM / Debit Card Available *
• Overdraft Protection Available **
• Interest Compounds Monthly
• Interest Pays Out Monthly
• Interest Calculated On A Daily Basis
• Interest Accrues On Collected Balance
• Tiered Interest Rates (depending on balance amount)
• Free On-Line Banking and Bill Paying

Hawthorn NOW Plus
Basic Personal N.O.W. (Interest-Bearing Checking) Account With Monthly Image Statements

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• $10 per month Maintenance Fee...If Account Falls Below $1,000
• Unlimited Check Writing
• Monthly Image Statements
• ATM / Debit Card Available *
• Overdraft Protection Available **
• Interest Compounds Monthly
• Interest Paid Out Monthly
• Interest Calculated On A Daily Basis
• Interest Accrues On Collected Balance
• Tiered Interest Rates (depending on balance amount)
• Free On-Line Banking and Bill Paying

Hawthorn Business NOW
Basic Business N.O.W. (Interest-Bearing Checking) Account With Monthly Image Statements
Sole Proprietorships / D.B.A. Accounts, Non-Profit Organizations Qualify For This Account

• $2,500 Minimum Amount To Open
• $2,500 Minimum Balance
• Account Analysis To Determine Maintenance Fee
• Per Item or ACH Fee Depends Upon Account Analysis
• Unlimited Check Writing
• Monthly (On-Line) Image Statements
• ATM / Debit Card Available *
• Interest Compounds Monthly
• Interest Paid Out Monthly
• Interest Calculated On A Daily Basis
• Interest Accrues On Collected Balance
• Tiered Interest Rates (depending on balance amount)
• Free On-Line Banking
• On-Line Bill Paying Available

* ATMs are Free if Customer uses a Hawthorn ATM or one of the hundreds of ULTRA ATM machines around the state. If Customer uses a Non-Hawthorn or ULTRA ATM a fee may apply.

** Overdraft charges of $25.00 per item apply. Fee may be imposed for covering overdrafts created by check, in-person withdrawal, return of unpaid items deposited by Customer, bank service charges, ATM withdrawal, or other electronic means. Hawthorn Bank reserves the right to require Customer to pay an overdraft immediately or on demand. Whether Customer's overdrafts will be paid is discretionary, and Hawthorn Bank reserves the right not to pay.

Hawthorn Money Market
Money Market Demand Account - Personal (Interest-Bearing Account with Limited Check Writing Privileges)

• $1,500 Minimum Amount To Open
• $1,500 Minimum Balance
• $10 per month Maintenance Fee...If Account Falls Below $1,500
• Limit of 3 Third-Party Checks Written Per Month
• Monthly Image Statements
• ATM Card Available *
• Overdraft Protection Available **
• Interest Compounds Monthly
• Interest Paid Out Monthly
• Interest Calculated On A Daily Basis
• Interest Accrues On Collected Balance
• Tiered Interest Rates (depending on balance amount)
• Free On-Line Banking and Bill Paying

Hawthorn Business Money Market
Money Market Demand Account - Business (Interest-Bearing Account with Limited Check Writing Privileges)

• $1,500 Minimum Amount To Open
• $1,500 Minimum Balance
• Limit of 3 Third-Party Checks Written Per Month
• Monthly Image Statements
• ATM Card Available *
• Overdraft Protection Available **
• Interest Compounds Monthly
• Interest Paid Out Monthly
• Interest Calculated On A Daily Basis
• Interest Accrues On Collected Balance
• Tiered Interest Rates (depending on balance amount)
• Free On-Line Banking
• On-Line Bill Paying Available

Hawthorn Index Money Market
Money Market Demand Account - (Interest-Bearing Account with Limited Check Writing Privileges)

• Customer Must Have a Direct Deposit Account To Qualify For ThisAccount
• $10,000 Minimum Amount To Open
• $1,500 Minimum Balance
• $20 Per Month Maintenance Fee...If Account Falls Below $10,000
• Limit of 3 Third-Party Checks Written Per Month
• Monthly Image Statements
• ATM Card Available *
• Overdraft Protection Available **
• Interest Compounds Monthly
• Interest Paid Out Monthly
• Interest Calculated On A Daily Basis
• Interest Accrues On Collected Balance
• Tiered Interest Rates (depending on balance amount)
• Free On-Line Banking and Bill Paying

* ATMs are Free if Customer uses a Hawthorn ATM or one of the hundreds of ULTRA ATM machines around the state. If Customer uses a Non-Hawthorn or ULTRA ATM a fee may apply.

** Overdraft charges of $25.00 per item apply. Fee may be imposed for covering overdrafts created by check, in-person withdrawal, return of unpaid items deposited by Customer, bank service charges, ATM withdrawal, or other electronic means. Hawthorn Bank reserves the right to require Customer to pay an overdraft immediately or on demand. Whether Customer's overdrafts will be paid is discretionary, and Hawthorn Bank reserves the right not to pay.

Hawthorn Savings
Basic Savings Account

• $100 Minimum Amount To Open
• $100 Minimum Balance
• $2 Maintenance Fee if Minimum Balance is not maintained
• $1 Per Transaction If Over 3 Transactions Per Month
• Quarterly Statements (unless Customer has Electronic Account)
• ATM Card Available *
• Interest Compounded Daily
• Interest Paid Out Monthly
• Interest Calculated On Daily Balance
• Interest Accrues On Collected Funds
• Free On-Line Banking and Bill Paying

Hawthorn Future
Basic Savings Account for Children Up To Age 22

• No Minimum Amount To Open
• No Minimum Balance
• No Maintenance Fee
• $1 Per Transaction If Over 3 Transactions Per Month
• Quarterly Statements (unless Customer has Electronic Account)
• ATM Card Available *
• Interest Compounded Daily
• Interest Paid Out Monthly
• Interest Calculated On Daily Balance
• Interest Accrues On Collected Funds
• Free On-Line Banking and Bill Paying

Hawthorn Holiday
Holiday Season (Limited Term) Savings Account

• No Minimum Amount To Open
• No Minimum Balance
• No Maintenance Fees
• Simple Interest Paid Out At End Of Term
• Interest Calculated On Daily Balance
• Interest Accrues On Collected Funds

Hawthorn Health
Health Savings Account

• No Maintenance Fees
• Unlimited Check Writing
• Monthly Image Statements
• ATM / Debit Card Available *
• Interest Compounds Monthly
• Interest Paid Out Monthly
• Interest Calculated On A Daily Basis
• Interest Accrues On Collected Balance
• Free On-Line Banking and Bill Paying

* ATMs are Free if Customer uses a Hawthorn ATM or one of the hundreds of ULTRA ATM machines around the state. If Customer uses a Non-Hawthorn or ULTRA ATM a fee may apply.

** Overdraft charges of $25.00 per item apply. Fee may be imposed for covering overdrafts created by check, in-person withdrawal, return of unpaid items deposited by Customer, bank service charges, ATM withdrawal, or other electronic means. Hawthorn Bank reserves the right to require Customer to pay an overdraft immediately or on demand. Whether Customer's overdrafts will be paid is discretionary, and Hawthorn Bank reserves the right not to pay.

Hawthorn 3
91 Day Certificate of Deposit Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• Automatic Renewal
• Statement Notices Are Sent When Account Activity Occurs
• Interest Compounded
• Interest Calculated On Daily Balance
• Interest Begins To Accrue the First Day of Deposit and Does Not Include the Last Day of Deposit.
• 3 Month’s Interest Penalty For Early Withdrawal

Hawthorn 6
182 Day Certificate of Deposit Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• Automatic Renewal
• Statement Notices Are Sent When Account Activity Occurs
• Interest Compounded
• Interest Calculated On Daily Balance
• Interest Begins To Accrue the First Day of Deposit and Does Not Include the Last Day of Deposit.
• 3 Month’s Interest Penalty For Early Withdrawal

Hawthorn 12
12 Month Certificate of Deposit Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• Automatic Renewal
• Statement Notices Are Sent When Account Activity Occurs
• Interest Compounded
• Interest Calculated On Daily Balance
• Interest Begins To Accrue the First Day of Deposit and Does Not Include the Last Day of Deposit.
• 6 Month’s Interest Penalty For Early Withdrawal

Hawthorn 18
18 Month Certificate of Deposit Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• Automatic Renewal
• Statement Notices Are Sent When Account Activity Occurs
• Interest Compounded
• Interest Calculated On Daily Balance
• Interest Begins To Accrue the First Day of Deposit and Does Not Include the Last Day of Deposit.
• 9 Month’s Interest Penalty For Early Withdrawal

Hawthorn 24
24 Month Certificate of Deposit Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• Automatic Renewal
• Statement Notices Are Sent When Account Activity Occurs
• Interest Compounded
• Interest Calculated On Daily Balance
• Interest Begins To Accrue the First Day of Deposit and Does Not Include the Last Day of Deposit.
• 12 Month’s Interest Penalty For Early Withdrawal

Hawthorn 36
36 Month Certificate of Deposit Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• Automatic Renewal
• Statement Notices Are Sent When Account Activity Occurs
• Interest Compounded
• Interest Calculated On Daily Balance
• Interest Begins To Accrue the First Day of Deposit and Does Not Include the Last Day of Deposit.
• 18 Month’s Interest Penalty For Early Withdrawal

Hawthorn 48
48 Month Certificate of Deposit Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• Automatic Renewal
• Statement Notices Are Sent When Account Activity Occurs
• Interest Compounded
• Interest Calculated On Daily Balance
• Interest Begins To Accrue the First Day of Deposit and Does Not Include the Last Day of Deposit.
• 24 Month’s Interest Penalty For Early Withdrawal

Hawthorn 60
60 Month Certificate of Deposit Account

• $1,000 Minimum Amount To Open
• $1,000 Minimum Balance
• Automatic Renewal
• Statement Notices Are Sent When Account Activity Occurs
• Interest Compounded
• Interest Calculated On Daily Balance
• Interest Begins To Accrue the First Day of Deposit and Does Not Include the Last Day of Deposit.
• 30 Month’s Interest Penalty For Early Withdrawal

IRAs are available on all CDs with terms of 1 year or greater.

Additional contributions will be allowed on IRA accounts.

CD accounts can be combined with Checking Account statements, but the combining feature is not available on other account types. (ie. CD and Savings Accounts cannot be combined.)

Early Withdrawal Penalty Is Equal To Half CD Term’s Interest.