Commercial Checking Options

Regular Checking Account -Allows customers to access funds by On-line Banking, ATM card, ShazamChek Debit Card, Tele-Banker, or by traditional check. A minimum deposit of $50.00 is required to open a new account. If the average daily balance falls below $250.00, there is a service fee of $0.15 per each debit transaction (withdrawal, check paid, automatic transfer, or payment out of your account). Images of your canceled checks are returned monthly with your statement. You must deposit $50.00 to open a new Regular Checking Account.*

NOW Checking Account -Earns interest and requires an average minimum balance of $1,500.00 in order to avoid service charge fee. Customers can access funds by On-line Banking, ATM card, ShazamCheck Debit Card, Tele-Banker, or by traditional check. A minimum deposit of $1,500.00 is required to open a new account. If the average daily balance falls below $500.00, a service charge fee of $4.00 is implemented and a $0.15 fee per debit transaction (withdrawal, check paid, automatic transfer, or payment out of your account) is imposed. If the average daily balance falls between $500.00 and $999.99, a service charge fee of $3.00 is implemented and a $0.15 fee per debit transaction (withdrawal, check paid, automatic transfer, or payment out of your account) is imposed. If the average daily balance falls between $1000.00 and $1499.99, a serve charge fee of $2.50 is implemented and a $0.15 fee per debit transaction (withdrawal, check paid, automatic transfer, or payment out of your account) is imposed in excess of 25 items during a statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. We may change your interest rate and annual percentage yield at any time. Interest will be compounded every month. Interest will be credited to your account every month. Images of your canceled checks are returned monthly with your statement.*

Super Now Checking Account - Earns interest and requires a minimum daily balance of $2,500.00 in order to avoid service charge fee. Customers can access funds by On-line Banking, ATM card, ShazamCheck Debit Card, Tele-Banker, or by traditional check. A minimum deposit of $2,500.00 is required to open a new account. If the daily balance falls below $2,500.00, a service charge fee of $10.00 is implemented. The daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Interest will be compounded every month. We may change your interest rate and annual percentage yield at any time. Interest will be credited to your account every month. Images of your canceled checks are returned monthly with your statement.*

Money Market Deposit Account - Earns interest and has transaction limitations. Customers can access funds by On-line Banking, ATM card, ShazamCheck Debit Card, Tele-Banker, or by traditional check. A minimum deposit of $20.00 is required to open a new account. Transfer from a Money Market Deposit account to another account or to third parties by preauthorized automatic, telephone, or computer transfer are limited to six per statement cycle with no more than three by check, draft, or similar order to third parties. The minimum amount you can withdraw is $300.00 per each check, transfer, or debit item. The daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. We may change your interest rate and annual percentage yield at any time. Interest will be compounded every month. Interest will be credited to your account every month. Images of your canceled checks are returned monthly with your statement.

* Service charges are subject to Iowa state sales and local option tax.