checking account


Think all banks are the same?

We're not!  Just as all customers are different, so is Dearborn Savings.     

DSB offers a regular NOW account with an annual percentage yield (APY) of 0.02%. 

It requires a minimum opening deposit of $50 and your first order of checks is free

With a DSB Debit Card you have access to over 25,000 ATM's throughout the United States FREE OF CHARGE.  Just look for the "Money Pass" logo. Download the MoneyPass ATM Locator App on your smartphone to quickly find which ATM you can use free of charge.   

DSB offers a flexible NOW account (Negotiable Order of Withdrawal) which requires a minimum deposit of only $50.  Interest is posted monthly, and your first order of checks are FREE

While you're here ask about "Online Banking".  It's the simple and secure way to pay your bills with just a click of a mouse.      

For your peace of mind we also offer OVERDRAFT PROTECTION, allowing up to 15 days to repay any negative balance.  Relax. We’ve got you covered. 

A $30 overdraft fee will be charged on checking accounts for each paid overdraft, if you are enrolled in DSB’s Overdraft Protection Plan.  If you are not in the Overdraft Protection Plan, a $30 fee will be charged per returned item.  A negative account balance must be repaid within 15 days.  Interest is posted monthly on the NOW account product.  NOW is an acronym for “Negotiable Order of Withdrawal.”   

Dearborn Savings Bank recently became aware of fraudulent activities committed on debit/ATM cards. 

This activity was limited to signature based transactions using fraudulent debit/ATM cards in six states.  As a precaution, DSB has blocked signature based transactions in the following states:  New Jersey, California, Wisconsin, Pennsylvania, Michigan, Georgia, and North Carolina.  You will not be able to perform signature based transactions in those states. 

However, all transactions authorized using your personal identification number (PIN) will process normally.  This includes cash withdrawn at ATM's or purchases at stores where you use your PIN to authorize a transaction. 

We have also placed a similar block on international signature based transactions.  Please contact us at 812-537-0940 if you think you will be visiting one of the blocked states or need to make an international purchase.  If you have questions or an issue with your card AFTER HOURS, please call Elan Processing Services at 800-264-5578.   

Please let us know if you have any questions about this notice.  Thank you for your patience and understanding.   

Business Checking Accounts

Large or small, corporate or independent, we have a business checking account to serve your needs. 

Professional checking with a hometown touch.
Please call for details.   


Also, here at DSB, we feature a Business of the Week. Your business will be sent out in an e-mail, featured on the main page of our website, included in a Facebook post, and displayed on our marquee sign in front of our main branch. For questions on how to become Business of the Week, contact our Marketing Coordinator, Amanda at 812-537-0940.

Business of the Week