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Personal Accounts & Loans

•Quick •Convenient •Dependable

Deposit Accounts

We have a variety of deposit accounts available, so you can choose an account that works for you! So, explore our options below and then reach out to us to get your new deposit account set up.

Checking Accounts

Checking accounts allow you access to your money quickly, easily, and conveniently. Pair it with a debit card or checks and you can use your money anywhere, anytime, without the need to carry large amounts of cash around.

State Bank of Cherry also offers a ‘Round Up Savings’ option for debit cards. Round Up Savings helps you save as you spend by rounding all your transactions up to the nearest dollar and depositing the extra change into a savings account.

A regular checking account does not earn interest, but is a great option if you do a lot of transactions. Our checking accounts do not have a limit on deposits or withdrawals, plus there are no monthly service fees.

NOW Accounts

Ever wish your checking account could earn interest? Well, our NOW accounts offer the conveniences of a regular checking account, with the added benefit of earning interest!

NOW accounts do not have limits on transactions, but require the account balance to remain above $500 at all times. If you make deposits and withdrawals often, but still want to earn interest, then consider a NOW account.

Money Market Accounts

Earn our most competitive interest rate offered on deposit accounts with a Money Market account. Make up to 6 withdrawals a month (by any means) and keep at least $1,000 in your account to earn. Money Market accounts do not include debit cards.


Savings Accounts

Save it for a rainy day with our variety of Savings Account options!

Regular Savings

Regular savings accounts are a good place to store money for a rainy day or build up to a major purchase! You may make as many in person withdrawals as you would like, but are limited to only 6 electronic withdrawals per month.

Christmas Clubs

Save money for the holidays and earn a little interest at the same time with a Christmas Club account! You can deposit manually whenever you want, or automatically every week, month, etc. and never have to worry about having enough when the holidays roll around.

Christmas clubs run through October of each year, and then a check will be issued or your balance will automatically be deposited to your checking account. It’s a great way to save for the most wonderful time of the year, on your own terms.

Certificates of Deposit & Journey Ahead CD’s

A Certificate of Deposit, or CD, offers the best rates of any products that State Bank of Cherry offers. Plus, investing your money in a CD is quick and easy. Short term or long term, choose the time-frame that fits your investment needs.

Click here to see our CD rates.



Whether it’s a new car, motorcycle, boat or ATV: we’ve got you covered!

State Bank of Cherry offers fixed rate financing on new and used purchases up to 66 months. Plus, we will work with you to make sure you get a payment that fits your budget. Call one of our Loan Officers today for more information!