Business Checking

Business Checking Account at Security State Bank

Business Checking Account Options

Our business checking accounts will be a right fit for you and your business, and you can feel confident that wherever you are with your business, our accounts are designed with conveniences and personal service to make your business run smoothly.

Contact one of our helpful staff members to learn which account options are right for you!

Regular Business Checking Account

  • No monthly fee (if minimum daily balance of $500 is maintained. A monthly fee of $3.00* will be assessed if minimum balance is not maintained).
  • UNLIMITED DEBITS AT NO CHARGE!
  • Requires a $100.00 minimum opening deposit.
  • A $5.00 Debit Card fee will be assessed per year on your Checking account.
  • If you are a Small Business and have less than 10 transactions per month, you can avoid the balance requirements for only $1.00/month.
Opening Deposit:
$100.00
Interest Paid:
No
Check Writing Limits:
Unlimited
Maintenance Fee:
NONE if $500.00 minimum balance or if $750.00 average daily balance is maintained
($3.00 monthly maintenance fee if balance requirements are not maintained)
Additional Info:
  • Customer receives Imaged Monthly Statement
  • Customer pays for own Checks
  • Free Online Banking
  • Free 24 Hr. Telephone Banking
  • Under 10 transactions/month can avoid minimum balance requirements for just $1/month

NOW Checking Account (w/interest)

  • Put your checking account to work by earning interest on your balance! **
  • NO MONTHLY FEE (if a minimum daily balance of $750.00 or average daily balance of $1,500.00 is maintained).
  • A low monthly maintenance fee of only $5.00* per month (if balance requirements are not maintained).
  • UNLIMITED DEBITS AT NO CHARGE!
  • Requires a $750.00 minimum opening balance.
  • Interest is compounded daily and paid monthly.
  • A $5.00 Debit Card fee will be assessed per year on your Checking account.
Opening Deposit:
$750.00
Interest Paid:
Yes***
Check Writing Limits:
Unlimited
Maintenance Fee:
NONE if $750.00 minimum balance or if $1500.00 average daily balance is maintained
($5.00 monthly maintenance fee if balance requirements are not maintained)
Additional Info:
  • Customer receives Imaged Monthly Statement
  • Customer pays for own Checks
  • Free Online Banking
  • Free 24 Hr. Telephone Banking
  • Interest compounded daily & paid monthly

Super NOW Checking Account

  • Earn a higher rate for larger balances! **
  • NO MONTHLY FEE (if a minimum daily balance of $750.00 or average daily balance of $1,500.00 is maintained).
  • A low monthly maintenance fee of only $5.00* per month (if balance requirements are not maintained).
  • UNLIMITED DEBITS AT NO CHARGE!
  • Requires a minimum opening balance of $2500.00.
  • Pays a HIGHER INTEREST RATE than the NOW account!
  • If the daily balance falls below $2,500.00, the interest rate earned is at the NOW account rate.
  • A $5.00 Debit Card fee will be assessed per year on your Checking account.
Opening Deposit:
$2500.00
Interest Paid:
Yes***
Check Writing Limits:
Unlimited
Maintenance Fee:
NONE if $750.00 minimum balance or if $1500.00 average daily balance is maintained
($5.00 monthly maintenance fee if balance requirements are not maintained)
If balance drops below $2,500.00 interest rate earned is at NOW rate
Additional Info:
  • Customer receives Imaged Monthly Statement
  • Customer pays for own Checks
  • Free Online Banking
  • Free 24 Hr. Telephone Banking
  • Interest compounded daily & paid monthly

* Fees are subject to applicable Iowa sales tax.
** Federal law prohibits For Profit Corporations from owning interest-bearing checking accounts.
*** For current interest rates, contact any Security State Bank branch location.