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.*

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. 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.