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Other Personal Accounts

A personal account club where you must maintain a combined minimum balance of $5,000.00 on deposit with Baraboo State Bank. Includes checking, savings, certificates of deposit, money market accounts and IRAs. Classic Club Includes:
  • Interest Checking
  • MasterCard Debit Card
  • 1½x5 safe deposit box (when available)
  • Notary and Signature Guarantee
  • Personal Money Orders
  • Cashier’s Checks
  • Online Banking, E-Statements, and Bill Payment with Direct Deposit
  • Phone Banking
  • Photocopies
  • Occasional Seminars
  • Occasional Social Opportunities
Saving account allows you to save over time and have tax free payments to qualified medical expenses.
  • $100.00 minimum deposit required to open
  • $500.00 minimum daily balance required to avoid a $5.00 monthly fee
  • Withdrawals are tax free when used for qualified medical expenses
  • HSA balance rolls over year to year automatically
  • No Annual Account Fee
  • Competitive interest rate pays monthly
  • Unlimited Check Writing
  • $25.00 set up fee
  • First order of checks is included
  • Annual MasterCard debit card fee ($10.00) waived first year
  • Tax free earning
  • Tax deductible contributions
  • Tax free payment of qualified medical expenses (consult your tax advisor for more info)


  • Must be covered under a qualified, high deductible health plan
  • Cannot be covered by another health plan that is not a high deductible health plan
  • Cannot be claimed as a dependent on another person's tax return
  • Cannot be enrolled in Medicare

Contribution Limits

Contribution limits are set by the IRS.
Current 2024 contribution limits are:
  • $4,150 for an individual
  • $8,300 for a family
An individual age 55 or older may make an additional $1,000 in "catch-up" contributions. 

Earn a higher rate on funds not needed until a later date. Maximize your return with flexible terms and great rates.
  • Competitive interest rate
  • Fixed Term 91 day – 364 day minimum deposit $2,500.00
  • Fixed Term 1 Year and over minimum deposit $500.00
  • 91 day simple interest – payable at maturity
  • 182 day CD compound quarterly
  • 1 year or longer compound quarterly
  • Early withdrawal penalty may apply
  • Automatically renewable.
  • Several rates and terms available to choose from
  • $500 minimum deposit on most IRAs
  • $100 minimum to open variable rate IRA
  • No setup or maintenance fee
  • May incur early withdrawal penalty
  • Automatically Renewable
  • Choose from Traditional or Roth
Consult a tax advisor for benefits.
Current 2023 contribution (through April 15, 2024) limits are:
  • $6,500 for an individual, or $7,500 if age 50 and older
Current 2024 contribution limits are:
  • $7,000 for an individual, or $8,000 if age 50 and older

Traditional IRA Features and Benefits

  • Eligibility: Must have earned income
  • Contributions may be tax-deductible*
  • Earnings grow tax-deferred
  • Withdrawals
    • Taxable, but penalty free after age 59½
    • Prior to age 59½, subject to an additional 10% penalty tax**
    • Mandatory withdrawals must begin at age 73
*consult your tax advisor
**certain exceptions may apply (disability, first-time home purchase, qualified higher education expenses, and others)

Roth IRA Features and Benefits

  • Eligibility: No age limits, but income limits may apply
  • Contributions are not tax-deductible
  • Withdrawals
    • Original contributions may be withdrawn without tax or penalty*
    • Qualified withdrawals of earnings are tax-free and penalty-free**
    • Certain withdrawals may be subject to tax, but no penalty***
    • Early withdrawals may be subject to tax and 10% penalty
    • No mandatory withdrawals
*consult your tax advisor
**qualified withdrawals: have had Roth IRA for five years and one additional qualification (over age 59½, disability, death, or qualified first-time home purchase [up to $10,000/life])
***exceptions to penalty may include health insurance, qualified higher education expenses, plan not open for five years (but other qualified reason) and others

Rollovers and Transfers

We will gladly assist you with your 401(k) rollover or IRA transfer from another custodian. Bring in your last statement, maturity notice, or rollover paperwork for assistance today.

  • Same rates and terms as IRA accounts
  • Tax free withdrawals for qualified education expenses
  • Maximum annual contributions of $2,000.00
Consult a tax advisor for benefits and limitations.
It is a common belief that a trust or trust department is for only those who have large estates or large sums of money to invest. In actuality, the trust department helps many individuals from all levels of wealth and income.

Our products and services are designed to assist our clients utilizing an experienced staff and the latest technology to assure that our clients receive a elevated level of personal and professional service. Our commitment to our clients is to provide financial piece of mind for you and your beneficiaries through personal attention, follow-through and solid investment performance based on the risk you are comfortable with.
  • Trust Administration
    • Revocable Trust
    • Irrevocable Trust
    • Charitable Trust
    • Special Needs Trust
    • Spendthrift Trust
    • Testamentary Trust
    • Irrevocable Life Insurance Trust
  • Estate Settlement / Personal Representative
  • Agent/Custodial Accounts

To learn more about financial planning through our investment services department, click the link below.