Business Deposits

Business Checking

  Regular Checking Individually Owned Now Checking Treasury Money Market Business Checking with Analysis
Minimum Opening $100 $1,000 $2,500 $100
Minimum Balance to avoid service charge $400 daily or
$1,000 average daily balance
$1,000 average daily balance $1,000 average daily balance N/A
Monthly Service Charge $8.00* (if balance falls below $400.00) $10.00*
(If balance falls below minimum)
$10.00*
(If balance falls below minimum)
Varies-Fees assessed by Business Account Analysis
Interest Bearing  No **Yes, on balances
> $1,000
**Yes, on balances
> $2,500
No
Unlimited Checking Writing Yes Yes No Yes
Per-Check Charges No No No Yes
Free E-Statement Yes Yes Yes Yes
Free Debit Card No No No No
Free Personalized Checks No No No No
Additional Information N/A N/A No more than six transfer and withdrawals, or a combination of such , per statement cycle.  

*Plus Iowa sales tax where applicable

** This is a Variable Rate Account with the annual percentage yield (A.P.Y.) subject to change at anytime at our discretion.

Business Savings

  Regular Savings Treasury Money Market Certificates of Deposit
Maintenance Fees $5.00 (if average daily balance falls below $100.00) $10.00* (if average daily balance falls below $1,000) Penalty may apply for early withdrawal
Withdrawals Unlimited in person withdrawals No more than six transfer and withdrawals, or a combination of such , per statement cycle. Penalty may apply for early withdrawal
Interest Details **Variable rate **Variable rate Rate on daily balance for the maturity term

* Plus Iowa sales tax where applicable

** This is a Variable Rate Account with the annual percentage yield (A.P.Y.) subject to change at anytime at our discretion.