Nonprofit Interest Checking Account Maximize the interest-return on available balances and eliminate the administrative effort and expense associated with employing a separate sweep account or manually moving funds to a separate investment vehicle. Available to most nonprofit, religious, educational and fraternal organizations, our Nonprofit Interest Checking Account pays an attractive rate of interest on all excess balances.
When your account's Earnings Credit is greater than your activity fees, that Excess Earnings Credit is credited to your account as interest. If the Earnings Credit is less, the difference is charged to your account as a monthly service charge.
Home Federal Savings Bank 1016 Civic Center Drive Northwest Rochester, MN 55901 Phone: 507-535-1200