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Deposit Products & Services

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

Checking Accounts

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.

Money Market Products

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.

Savings Products

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.

Certificates of Deposit

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.