Business Deposit Accounts

Business Checking Accounts for Any Size Business

Regardless of size, all businesses have one thing in common: a solid financial foundation. At First Security State Bank, this financial foundation begins with a business deposit account. However, since not all businesses are alike in their checking account needs, First Security State Bank has multiple business checking accounts available. This ensures we help you get the right fit for your business’s needs.

Business Checking-

a great solution for small business, this business checking account has no minimum balance, a variable earnings credit  per $100 average collected balance and low associated fees: $6 monthly maintenance fee; $0.15 per check or debit item; $0.07 per deposit item.

Value Business Checking-

For small to medium sized businesses, Value Business Checking is available with our online Cash Management and Remote Deposit features for business. You get free imaged statements and low account fees: $8 monthly maintenance fee if your balance falls below $7,500 minimum; $0.30 per check, debit or credit item over 100.

Checking with Interest-

available only to sole proprietorships and non-organizations, Checking with Interest comes with a $1,000 minimum balance or average collected balance of $2,000 and low account fees: $7.50 monthly maintenances fee if balance falls below minimum (and no interest earned); $0.15 per check or debit item over 25; $0.07 per deposited item over 16. Cash Management and Remote Deposit services are also available.

Platinum Business Checking-

Designed for businesses with a higher cash flow, Platinum Business Checking offers the greatest number of benefits. Our online Cash Management and Remote Deposit services are included for free when the minimum balance is met. Two free domestic wire transfers per cycle and 100 free ACH items per cycle are included as well ($0.15 fee for each ACH item over 100). Platinum Business Checking also offers free imaged statements.

Statement Savings-

this standard business savings account features a $200 minimum balance and variable interest rate to help your money grow.

First Security State Bank also offers Money Market accounts for businesses. To learn more about First Security State Bank’s business checking account options or open an account, contact the Evansdale or Cedar Falls office today!