The following appeared in the Rock County Herald on January 6, 1928:LUVERNE BANKS TO INSTITUTE SERVICE CHARGE ON JAN. 15Will Make Charge of 50 Cents on Checking Accounts Where Daily Balance Does Not Equal $50.00Luverne’s banks — The First and Farmers National and the Rock County — this week announced that beginning with January 15th a service charge of 50 cents per month will be made by both institutions for all checking accounts which do not carry an average daily balance of $50.00.This charge is held to be necessary to enable the banks to handle the vast amount of work on many checking accounts where the balance kept on deposit is so small that the benefits which accrue from such funds do not anywhere near cover the cost of handling the checks issued against it, in many instances, it is claimed, a marvelous number of small checks, ranging from a few cents to a trifle over one dollar, will be issued by a checking account patron whose monthly balance usually amounts to only a comparatively few dollars. New service charge will apply only in cases where checks are issued. If no checks are issued on open accounts averaging less than the $50 daily balance, no charges will be made.Donations to the Rock County Historical Endowment Fund can be sent to the Rock County Historical Society, P.O. Box 741, Luverne, MN 56156.Mann welcomes correspondence sent to mannmade@iw.net.