Products & Services
Our Current Disclosures

Checking Accounts
We offer both regular and interest bearing accounts.

Savings Accounts
You may choose a regular savings account or a Hi-Fi (high interest federally insured) savings.

ATM Locations
We have four ATM locations, one downtown at 216 South Market, one at the Quick Shop at 405 South Madison, one at the Heartland Oil Gas Station in Hedrick, and one at 557 South Milner St in Ottumwa. Our ATMs offer you access to your checking and savings accounts. We are connected to the Shazam Network.

Automated Clearing House (ACH) Service
Hedrick Savings Bank is a receiver of payments via ACH. With certain employers, you can receive your payroll via automatic payment.

Automatic Loan Payments
No need to write a check, simply sign up for automatic payment.

Automatic Transfers
Funds may be automatically transferred by wire.

Bank by Mail
Use our convenient bank-by-mail envelopes. Use our special bank-by-mail envelopes furnished for your convenience.

Cashiers Checks
These checks are for transactions, which need to be made certain with guaranteed funds. The Cashiers Checks are recognized as "same as cash", since it is the bank's "obligation".

Burial Trust Services
This is a pre-arrangement for burial services, which is non taxable, interest accumulating for payment to your designated funeral home.

Direct Deposit
US Government or payroll checks can be deposited directly into your checking or savings account.

Drive Up Window
There is convenient drive up windows at all three locations. The hours and locations can be found here.

Master Card/VISA Card Merchant Services
Hedrick Savings Bank accepts deposits from all credit card processors and works closely with Heartland Payment Systems and takes no fee for this service. Please contact us for set up.

Night Depository
We have night deposits for your after hours convenience at all three locations.

Notary Public
Notary Public work is available at the three locations.

Safe Deposit Boxes
Our bank has a variety of boxes ranging in price from $20 to $50. The boxes are located at our Hedrick Office.

Debit Cards
Hedrick Savings Bank offers a VISA/Master Card debit card, which can be used at any ATM or point of sale where VISA or Master Card is accepted. Settlements are debited directly from your designated account.

Tax Depository
Hedrick Savings Bank accepts and processes customer's Federal Tax Payment deposits.

United States Savings Bonds
Hedrick Savings Bank can order bonds for you personally or for gifts.

Wire Transfers
Bank customers may wire transfer money to another financial institution, same day, inside the United States, while world wide transfers may take up to a week.