Business Accounts

 

Business Checking Account

Enjoy all the benefits of a business checking account while receiving an earnings credit on your average collected balance. Use the earnings credit to help offset any monthly service charges that you may incur. This account has no minimum balance requirement.

Service Charges
ItemFee
Monthly Maintenance $2.50
Per check deposited on Waukon State Bank and Viking State Bank & Trust No fee
Per check deposited drawn on other banks $0.08
Per check written on the account $0.15
Earnings credit per month (figured per $100 of average collected balance) $0.30

Business NOW Checking Account

Earn interest on your business checking account. Interest on this type of checking account is at a variable rate. There is no minimum balance requirement.

Aside from earning interest on your account balance, you will also earn an earnings credit on your average collected balance. Use the earnings credit to help offset any monthly service charges you may incur.

Service Charges
ItemFee
Monthly Maintenance $2.50
Per check deposited on Waukon State Bank and Viking State Bank & Trust No fee
Per check deposited drawn on other banks $0.08
Per check written on the account $0.15
Earnings credit per month (figured per $100 of average collected balance) $0.15

Money Market

  • Interest Bearing Account

This account pays attractive interest rates with an increased interest rate at balances of $25,000, $100,000 and above. There is a limit of six withdrawals either by check or automatic withdrawal per statement cycle. However, over-the-counter withdrawals are unlimited with this type of account.

Minimum BalanceMonthly ChargeInterest Paid
$0 - $4,999 $5 Variable Rate
$5,000 & Above No Charge Variable Rate

Savings Account

Business savings accounts have no minimum balance requirement. Save any amount while earning interest at a variable rate. Statements are sent out monthly. The only service charge associated with this account is a $1.00 fee per withdrawal after 4 withdrawals per month.

 

Find Us Call Us Email Us Like Us

Next Section

Back to Top