Business Banking Made Simple

 

A Citizens First Bank business savings account helps businesses earn interest during cycles where there is excess cash yet a need to access this cash. Compare the accounts below or talk with one of our Customer Service Representatives to decide which is right for you.

 

 

Compare Business
Savings Accounts

Business Money Market Business Savings

 

An account that earns market rates with easy accessibility.

An account for routine business savings needs

Online, Mobile, and TouchTone Banking2

Yes

Yes

Account email and text alerts2

Yes

Yes

Online Statements

Yes

Yes

Pays Interest

Yes
Click here for current rates.

Yes
Click here for current rates.

Free Basic Checks

Yes

 

Pricing and
Features

Business Money Market

Business Savings

Minimum to Open $1,000 $50

Monthly Mainenance Fee

$81

$0 when you maintain an average daily balance of $1,000 for the monthly statement cycle.

$31

$0 when you maintain an average daily balance of $50 for the monthly period.

Withdrawals

Unlimited in-person withdrawals (debit transfers by internet, check, preauthorized, automatic, or telephone transfer are limited to six (6) per month).
$15.001 fee per withdrawal over limit.

Unlimited in-person withdrawals (debit transfers by internet, preauthorized, automatic, or telephone transfer are limited to six (6) per month).

Details

See a Customer Service Representative for additional information. See a Customer Service Representative for additional information.

1. Subject to Iowa State and Local sales tax. 2. Message and data rates may apply from your wireless carrier. Mobile App Banking is for iPhone®, iPad®, or Android™. iPhone and iPad are registered trademarks of Apple Inc. Android is a trademark of Google Inc.

 


 

Certificate of Deposit (CD)

Why put your money at risk? Avoid volatility and lock in a guaranteed rate for the term of the CD

 

  • Open your CD with as little as $500.00
  • Lock in higher rates for periods of 3 months to 5 years
  • As with any CD, should you decide to withdraw your money before the end of the term, certain penalties will apply.
  • Interest compounded quarterly; click here for current Interest Rates
  • Safe and secure - FDIC insured like all of our deposit accounts

Some checking and money market account fees are subject to Iowa state and local option sales tax.

 

 

 


 

Other Business Services

  • ACH Transfers
  • Wire Transfers
  • Loan Products
  • Courier Service (Iowa only)
  • Night Depository
  • Coin Counting
  • Notary Services
  • Cashier's Checks
  • Safe Deposit Boxes