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Business Savings Account

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Enhance Your Financial Strategy with BankIowa Business Savings Accounts

BankIowa offers the perfect addition to your financial toolkit with our diverse range of business savings accounts, designed to complement our business checking options. Use our straightforward comparison chart to quickly find the savings account that aligns with your business needs.

No matter the size of your business, our savings accounts are tailored to support your financial goals. They offer competitive interest rates and the flexibility your business requires for effective financial management.

Need assistance in choosing the right account? Our team of financial experts is here to guide you, ensuring your savings strategy fully supports your business objectives. Discover the ideal savings solution for your business at BankIowa, where we prioritize your financial success.

Contact Our Business Team

Commercial Savings Account - Designed to help you save and earn interest

Account Feature

What You Need to Know

Opening Balance Requirement

$100

Minimum balance to avoid monthly service charge

$200 average daily collected

Monthly service charge if balance falls below minimum balance requirement

$5

Interest Computation Method

Daily

Interest Crediting and Compounding frequency

Quarterly

Debit Card Available

With linked checking account and approval for debit card

Other

EFT/ATM withdrawal fee of $1.00 for each ATM withdrawal or transfer from the account in excess of eight per month

*To open the Premium Money Market account you must also have your primary checking account with BankIowa. The minimum balance to open a BankIowa checking account is $100.

Meet Your Business Banking Team

Chuck Paulsen

Chuck Paulsen

VP, Business Banking

NMLS: 458188

Divisions: Ag Banking, Business Banking

Location: Cedar Falls

Phone: (319) 575-9032

Contact Me
Pat Deignan

Pat Deignan

Executive VP, Chief Banking Officer

Division: Business Banking

Location: Cedar Rapids NE

Phone: (319) 249-7097

Contact Me
Aaron Baumert

Aaron Baumert

VP, Business Banking

Division: Business Banking

Location: Cedar Rapids SW

Phone: (319) 249-7086

Contact Me
Russ Breazeale

Russ Breazeale

Corridor Market President

Division: Business Banking

Location: Cedar Rapids SW

Phone: (319) 249-7083

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Clayton Dietz

Clayton Dietz

Cash Management Officer

Division: Business Banking

Location: Cedar Rapids SW

Phone: (319) 249-7084

Contact Me
Beth Krie

Beth Krie

Business Banking Officer

Division: Business Banking

Location: Cedar Rapids SW

Phone: (319) 249-7078

Contact Me
Bryan Palmer

Bryan Palmer

VP, Business Banking

Division: Business Banking

Location: Independence Main

Phone: (319) 334-7509

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Keegan Crawford

Keegan Crawford

Cash Management Officer

Division: Business Banking

Location: Waterloo Kimball

Phone: (319) 888-7012

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Wade Itzen

Wade Itzen

Cedar Valley Market President

Division: Business Banking

Location: Waterloo Kimball

Phone: (319) 888-7013

Contact Me
Jason Kuehner

Jason Kuehner

VP, Business Banking

Division: Business Banking

Location: Waterloo Kimball

Phone: (319) 888-7017

Contact Me
Luke Lesyshen

Luke Lesyshen

VP, Business Banking

Division: Business Banking

Location: Waterloo Kimball

Phone: (319) 888-7018

Contact Me

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