- Interest paid quarterly
- $100.00 minimum balance required to avoid a service charge fee of $1.00 each statement cycle
- No minimum balance required for customers under 18 years of age
- An item charge fee of $1.00 will be charged for each withdrawal in excess of six during a month
- Transfers from Passbook Savings accounts to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month, with no transfers by check, draft, debit card, or similar order to third parties

To apply for our Passbook Savings Account:

1. Print the New Account Application from your computer and complete it. Then sign and date the application.

2. Mail, fax, or drop off the Application.

Mail to: Woodland Bank
Attn: New Accounts
PO Box 190
Remer, Mn 56672

Fax to: 218-566-1425
Attn: New Accounts

Drop off at any Woodland Bank office
Cohasset, Remer, Longville, Hill City