Regular Business Account

• $.15 per withdrawal paid
• $.10 per foreign item deposited
• $.15 per $100.00 credit
• $5.00 monthly maintenance fee

Qualified Business Checking Plus Interest

• No service charge if maintains $2,500 minimum balance or $5,000 average balance.
• Service charges if balance is below $2,500
• Activity charge will be consistent with regular business account
• Variable Rate – Subject to daily change

Please contact us for current service charges.

Regular Savings Accounts

• Six (6) Withdrawals per Month
• Withdrawals in excess of 6 per month will be charged $1.00 per withdrawal. This charge will be waived if the account maintains at least a $500.00 minimum balance for the entire month.
• Variable Rate – subject to daily change

Pre-Authorized Transfer Restrictions: You are allowed six pre-authorized transfers per month, no more than three of which may be by check, draft, debit card or similar orders to third parties. Types of transactions include ACH debits, pre-authorized transfers to cover overdrafts, and telephone transfers to third parties. If the excess transactions become more frequent than “occasional”; and if after notice an additional excess transaction occurs, the Bank will cease paying interest and close the account.

If an account does not have a transaction within a 365 day period the account will be deemed dormant. The account will be charged a monthly maintenance fee when the balance is below $10.00.

If no contact can be made with the account owner within a 3 year period, the account will be deemed escheat and turned over to the State of Iowa.

Iowa Sales Tax will apply to all applicable service charges.