Business Checking Accounts
A business checking account is one of the foundational aspects of your operation’s financial portfolio. From daily deposits to big-ticket purchases, Iowa Trust has the capacity and expertise to meet your business’s needs now and into the future. We have two options available for business checking solutions: Small Business Checking and our Business Analysis Checking.
With in-person and online services available, we’re happy to get you started with a business checking account today.
| Small Business Checking | Business Checking Plus | Business Analysis Checking | |
|---|---|---|---|
| Description | Basic Business Checking Account | Interest Bearing Business Checking Account for businesses that maintain a higher balance in deposits and loans. | Business Checking Account designed for higher volume and higher balance businesses. |
| Minimum to Open | $100 | $100 | $100 |
| Interest Bearing | No |  |
No |
| Monthly Fee | $4 | $8 | $12 |
| How to avoid fee: | Maintain a combined average available balance of $10,000 in deposits and loans or sign up for E-Statement. | Maintain a combined average available balance of $50,000 in deposits and loans. | Maintain a combined average available balance of $250,000 in deposits and loans. |
***Non-profit organizations/businesses that verify tax status may have fees waived***
Full disclosure of all checking account requirements, services, funds availability and fees will be made available at the time of opening the account or upon request.
Iowa Trust has the right to refuse any deposits