Online Banking
Business Deposit Accounts
The Key to Your Business’s Finances
All of our business deposit accounts come with the added benefits of these financial management tools:
Checking Accounts
Basic Business Checking
Who it’s for: businesses that have a low volume of transactions and want a simple account with lots of benefits.
Important things to know:
- $500 minimum to open
- Avoid a $5.00 service charge by keeping a $500 average daily balance
- Non-interest bearing account
Classic Business Checking
Who it’s for: businesses that can keep a higher checking balance and want to earn interest on their balance.
Important things to know:
- Interest-bearing account
- $2,500 to open
- Avoid a $7.50 service charge by keeping a $2,500 average daily balance
Corporate Checking
Who it’s for: larger businesses and corporations doing a high volume of transactions
Important things to know:
- Interest-bearing account
- No minimum balance requirement or associated fees
- Open with $2,500
Savings Accounts
Business Savings Account
Who it’s for: any business needing a readily accessible savings account to put money towards future expenses or emergency costs.
Basic Business Savings
- Open with $25
- You may not make any transfers from Basic Business Savings to another account of yours or to third parties by preauthorized, automatic or telephone transfer or similar order to third parties
Classic Business Savings
- $100 minimum daily balance requirement
- Open with $100
- Transfers from a Classic Business Savings account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per calendar month
- $100 minimum daily balance requirement is needed to avoid a $2.00 monthly service charge.
Money Market Business Savings
- $2,500 average daily balance requirement
- Open with $2,500
- $2500 average daily balance requirement is needed to avoid a $5.00 monthly service charge.
- Transfers from a Money Market Business Savings account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per calendar month
To open your business deposit account, stop by our offices in Algona, Whittemore or West Bend today!