Step-Up

The Step-Up Program was created to help meet the financial needs of young people age 13 through 22. It's a simple and effective way to help you achieve your goals and develop your financial independence.

Learn to manage your own finances with a Step-Up account.

Savings:

A savings account bearing interest at a preferential rate of .25% above the rate posted at the bank. Open with only $25.00. A $100 balance is needed after 1 year in order to continue with no service charge.

Checking:

• Unlimited ATM transactions
• Up to 10 debits on account per month at no charge (checks and merchant purchases)
• No monthly maintenance fee with one of the following:
  • $150.00 daily minimum balance
  • $500 monthly average balance
  • $300 minimum balance in savings, money market or certificate of deposit attached to the account
  • $3 monthly fee if one of the above is not maintained
• $.25 charge per debit over 10 checks or merchant purchases
• Co-signer is required if under 18 years of age or at the discretion of the bank
• First order of duplicate checks is at no charge

Dollars for $cholars
It’s never too early to start saving for your higher education. The right place to start is National Exchange Bank’s Dollars for $cholars savings plan. Money can be set aside through age 22.

• 3-year CD Steady growth, no risk. At the end of three years, renew the certificate, invest in another account or use the funds immediately for education needs.
• Preferential Interest Rate
• $300 minimum opening deposit
• Additional Deposits can be made throughout the life of the CD
• Withdraw up to three times per year if used for school tuition or books.

Other Step-Up Benefits:

• Convenient access to your accounts via the Internet or telephone.
• A scholarship is made available annually to a member of our Step-Up program. High school seniors and college students (through the age of 22) are encouraged to apply. The next scholarship will be available for students planning to attend or enrolled in college or technical school for the 2007-2008 school year. Scholarship entries will be judged on academics, school involvement and community activities. Keep your eye out for details on the next Step-Up scholarship opportunity.
• Visa CheckCard with rewards
• Free online bill payment

If you are 18:

• A Personal Line of Credit may be available to protect against overdraft fees. A $250 line of credit is available to qualified applicants, co-signer may be required*
• Apply for a National Exchange Bank & Trust Visa Card and start establishing credit*

* National Exchange Bank extends credit to applicants that meet our credit criteria primarily in Fond du Lac, Sheboygan, Washington, Green Lake, Columbia, Dodge, Marquette and Waushara Counties in the state of Wisconsin in the United States of America

Special Features

Scholarship Information

The recipient receives a $250 scholarship to be used at an accredited public or private college, university or vocational school. Funds are distributed upon submission of transcripts reflecting a minimum 2.0 cumulative grade point average during the first academic semester after the scholarship is awarded.

Applicants are considered regardless of race, creed, gender or color. National Exchange Bank & Trust current employees, members of its boards, participants in bank affiliated organizations and immediate family members of the aforementioned are not eligible.

2009 Step-Up Scholarship information is available in April, 2009.

2008 Step-Up Scholarship Winner

Congratulations to Jill M. Reifsnider of Beaver Dam. Jill is the daughter of Roger Reifsnider of Waupun and Jackie Uestreich of Beaver Dam. She is a student at the University of Wisconsin-Whitewater with a major in special education. She is involved in many academic and community activities including the Blind Outdoor Leisure Development (BOLD) Group, South Eastern Wisconsin Adaptive Ski Program (SEWAP), Beaver Dam Youth Sports Camp, Adopt-A-Family and Adopt-A-Highway. Jill also participated in Crop Walks, Blood Drives and Food Drives.