GET THE APP

 

Deposit Accounts

You can depend on Plumas Bank to understand you and your family’s financial needs. We have a simple client service program – when you want service, we provide it. Plumas Bank offers a complete line of deposit products and services that are designed to help you manage your finances and save money.

Expand All  |  Collapse All

  • Checking

    Go Green Checking

    When you want an electronic checking account with eStatements, and use your debit card

    Features

    • Minimum balance to open your account is $100
    • eStatements are required
    • Can write up to 10 checks, including BillPay
    • Must use signature-based debit card 10x or more per statement cycle
    • If requirements are not met, monthly account fee is $7
    • Check images are available for $2/statement
    • Early account closure fee (if closed within 90 days) is $25

    Benefits

    • Free Online, BillPay, and Mobile Banking
    • Reduce clutter and protect the environment
    • Overdraft protection available, ask for details

    Basic Checking

    When you write very few checks and have limited banking needs

    Features

    • Minimum balance to open your account is $100
    • Monthly service charge is $7, 1st month free
    • Per check charge is 30c over 15 checks per statement cycle
    • Check images are available for $2/statement
    • Early account closure fee (if closed within 90 days) is $25

    Benefits

    • Free eStatements
    • Free Online, BillPay, and Mobile Banking
    • Overdraft Protection available, ask for details

    Regular Checking

    When you write an average number of checks every month.

    Features

    • Minimum opening balance $100
    • Monthly service charge is just $8.50, 1st month free
    • Minimum daily balance to avoid monthly service fee is $1,000
    • Check images are available for $2/statement
    • Early account closure fee (if closed within 90 days) is $25

    Benefits

    • Unlimited check writing
    • Free eStatements
    • Free Online, BillPay, and Mobile Banking
    • Overdraft protection available, ask for details

    Senior Checking

    When you need multiple free and reduced fee benefits with unlimited check writing.

    For customers 55 and older.

    Features

    • Minimum opening balance $100
    • Monthly service charge is $7, 1st month free
    • Minimum daily balance to avoid the monthly service fee is $400
    • Combined balance to avoid service charge is $5,000; includes deposits from personal accounts
    • Check images are available for $2/statement
    • Early account closure fee (if closed within 90 days) is $25

    Benefits

    • Free Plumas Bank scenic checks
    • Free eStatements
    • Free Online, BillPay, and Mobile Banking
    • Free Cashier’s Checks (limited to 3 per month)
    • Overdraft protection available, ask for details

    NOW Checking

    When you want to earn interest with a low minimum balance.

    Features

    • Minimum opening balance is $100
    • Minimum daily balance to avoid monthly service fee is $1,500
    • Monthly service charge is $10, 1st month free
    • Check images are available for $2/statement
    • Early account closure fee (if closed within 90 days) is $25

    Benefits

    • Unlimited check writing
    • Free eStatements
    • Free Online, BillPay, and Mobile Banking
    • Overdraft Protection available, ask for details

    Plumas Gold Club Checking

    When you want a checking account which pays interest and has many more benefits

    Features

    • Minimum opening balance is $100
    • 1st month free
    • $10,000 to $55,000 of Accident insurance
    • Monthly service charge is $10.50 or $11.50, fee depends on insurance plan chosen Coverage divides equally and reduces by 50% at age 70.
    • Check images are available for $2/statement
    • Early account closure fee (if closed within 90 days) is $25

    Benefits

    • Free Plumas Bank scenic checks
    • Unlimited check writing
    • Free eStatements
    • Loan Discounts (Subject to credit approval)
    • Free Cashier’s Checks (Limited to 3 per month)

    Grand Checking

    When you keep higher balances and want to earn interest

    Features

    • Minimum opening balance is $100
    • Monthly service charge is $15, 1st month free
    • Minimum daily combined balances to avoid service fee, $15,000; includes deposits from personal accounts
    • Check images are available for $2/statement
    • Early account closure fee (if closed within 90 days) is $25

    Benefits

    • Free Plumas Bank scenic checks
    • Unlimited check writing
    • Free eStatements
    • Free Cashier’s Checks (Limited to 3 per month)
    • Free regular safe deposit box
    • Plumas Bank foreign ATM fees waived
  • Savings

    Savings Account

    When you want a savings account with instant access and no charge for personal in-branch deposits

    Features

    • Minimum opening balance is $100
    • Monthly service charge is $4 (Minors exempted)
    • Minimum daily balance to avoid monthly service fee is $300
    • Certain withdrawal transactions limited to 6/statement cycle, $5 each thereafter
    • $25 Account closure fee if closed within 90 days of opening

    Benefits

    • Interest is compounded daily and added to the account either monthly or quarterly depending on your preference.
    • Funds are liquid; money is always accessible
    • Funds are FDIC insured up to $250,000, provides safety and peace of mind

    Christmas Club Account

    When you want a plan to save for holiday purchases

    Features

    • Minimum opening balance is $1.00
    • Regular, pre-determined deposits
    • Account earns interest; interest lost on premature withdrawals
    • On October 31st, the funds are automatically deposited into a savings or checking account per client preference Benefits
    • Easy to save with automatic transfer from another account. Additional funds can be deposited at any time.
    • Interest is compounded daily and added to the account at maturity.

    Money Market Savings Account

    When you want liquidity while earning higher money market rates

    Features

    • Minimum opening balance is $100
    • Monthly service charge is $10
    • Minimum daily balance to avoid monthly service fee is $2,500
    • Certain withdrawal transactions limited to 6/statement cycle, $5 each thereafter
    • Tiered interest rate structure – the higher the balance, the higher the rate.

    Benefits

    • Interest is compounded daily, credited to the account monthly.
    • Competitive interest rates
    • Funds are easily accessible

    Health Savings Account (HSA)

    When you want an interest bearing account for medical expenses

    Features

    • Minimum opening balance is $100
    • The fee at each monthly statement cycle is $3; Initial Set-up Charge is $15; Account Closure Service Charge is $25.
    • Catch up contributions can be made for eligible individuals.

    Benefits

    • Funds deposited are tax-free for qualified medical expenses
    • Earns interest on funds that are liquid

    Money Fund Plu$ Account

    When you want a higher yield with immediate and unlimited access to your funds

    Features

    • $2,500 minimum deposit required
    • Monthly service fee is $15
    • Minimum daily balance to avoid service fee is $10,000

    Benefits

    • Deposit any time and immediately start earning interest
    • No restriction on the number of withdrawals allowed by check, via debit card or in person.
  • Certificates of Deposit

    Add+vantage and Fixed Certificates of Deposit

    When you want guaranteed returns for a specific period of time

    Features

    • Only $500 minimum opening deposit
    • Terms available between 1 month and 59 months; interest rates vary
    • CDs automatically renew at maturity unless client contacts Plumas Bank within the 10-day grace period
    • Interest can be added to the principal or credited to another Plumas Bank account
    • Early withdrawal penalties vary

    Benefits

    • No charge if CD is held until maturity
    • Funds are FDIC insured up to $250,000, provides safety and peace of mind
  • Individual Retirement Accounts ( IRAs) & Education Accounts

    IRA – Traditional

    When you want a retirement account that provides tax advantages. At Plumas Bank we open IRA accounts as CDs.

    Features

    • Only $500 minimum opening deposit; tax deferred growth and tax-deductible contributions. See your tax advisor for details.
    • Terms available from 1 to 59 months.
    • Your income does not affect how much you can contribute
    • Contribute until you're 70½.
    • You will pay taxes when you withdraw your pre-tax contributions and when you withdraw any earnings.
    • If you make withdrawals before you're 59½, you might have to pay a 10% penalty.
    • Required Minimum Distributions must be taken starting in the year you turn 70½.
    • Setup Fee: $25.00
    • Annual Fee: $25.00, waived if minimum balance is $25,000 or greater
    • $10 manual distribution fee
    • $25.00 Account closure fee
    • Annual statements are mailed

    Benefits

    • Tax-deferred growth and tax-deductible contributions.
    • Have peace of mind knowing that you are building funds for retirement
    • FDIC insured

    IRA – ROTH

    When you want a retirement account that provides tax advantages. At Plumas Bank we open IRA accounts as CDs.

    Features

    • Only $500 minimum opening deposit; tax deferred growth and tax-deductible contributions. See your tax advisor for details.
    • Terms available from 1 to 59 months.
    • Your income affects how much you can contribute. (Ask for details)
    • You won't pay taxes when you withdraw your contributions, and you won't pay federal taxes on your earnings, as long as the five-year aging requirement has been met.
    • If you make withdrawals before you're 59½, you might have to pay taxes on your earnings plus a 10% additional tax.
    • Required Minimum Distributions do not apply during your lifetime.

    Benefits

    • Tax-free growth and tax-free qualified withdrawals
    • Have peace of mind knowing that you are building funds for retirement
    • FDIC insured

    Education IRAs

    When you want to set aside money for a child’s education.

    • Benefits: Tax advantages; no annual or start-up fees; annual statements are mailed; balances may be transferred to a sibling’s Education IRA; FDIC insured
    • Fees: Minimum opening balance: $500

    College Costs Planning

    A college education provides one of the best ways to invest in your child’s or your grandchild’s future. A college education is also expensive. The sooner you develop a college investment strategy, the less college costs will constrain your family budget. Along with your tax advisor, we are here to help you realize your goals, for today and tomorrow. We offer a diverse range of products and can advise you on the best ways to invest your money and plan for the future. Please contact us to speak with an investment specialist.