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 *Balance of $250-$399.99 service charge is $6.00; Balance < $250.00 service charge is $7.50 **$7.50
(If balance falls below minimum) 		**$7.50
(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.  

* Includes Iowa sales tax where applicable

**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 No fees with $100 average daily balance or more; otherwise $3.00 per month No fees with $1,000 average daily balance or more; *$7.50  per month if average daily balance not met.   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.