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Business Deposits


Sole Proprietor 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 No
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

*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 N/A 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.