Help for Knowing When to Combine Checking Accounts
February 27, 2024
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Elevate Your Banking Experience with BankIowa
Discover the perfect checking account that caters to your diverse needs at BankIowa. Our checking accounts not only provide convenient access to your funds but also offer the opportunity to earn interest when specific criteria are fulfilled. BankIowa presents a selection of three distinctive checking accounts, each accompanied by a range of advantages, including complimentary checks or safe deposit box. Let us help you find the checking account that aligns with your preferences. We’re here for you to experience the BankIowa difference!
Opening a Checking Account
To apply for a checking account at one of our walk-in branches, please bring:
- Valid driver’s license or state-issued ID
- Proof of current address (if the address on your ID is not accurate, please bring in a pay stub or utility bill)
- Social Security number
- At least $100 minimum opening balance to deposit into a checking account
If you desire a joint account, we’ll need a valid ID and required documentation for each applicant.
Power Checking Account
Easy to maintain with no minimum balance requirements and no monthly fee.
- $100 minimum opening balance
- Unlimited check writing privileges
- Free online banking, eStatements, and Mobile Banking*.
*Cell phone plan text rates and data rates will apply.
Rewards Checking Account
Designed to reward the BankIowa customer with multiple accounts.
- Interest bearing checking account
- $100 minimum opening balance
- Maintain a $3,500 average daily collected balance or a $10,000 aggregate balance to avoid a $15 monthly maintenance fee. The aggregate balance is defined as the sum of the average daily collected balance of your deposit accounts and the current principal balance of your consumer loans on the last day of the statement cycle. First mortgage, credit cards, and business loans are excluded from the calculation.
- 2 free boxes of checks per year – Rewards style only
- No annual fee Debit card
- No fee official checks
- Free first year safe deposit box rental (subject to availability)
- Free front image checks returned in monthly statement
- Tiered interest rate – subject to change
- Free online banking, eStatements, and Mobile Banking*
- No initial fee travel card
*Cell phone plan rates and data rates will apply.
Champion Checking Account
For the customer with high debit card usage and eStatements enrollment who wants to earn a higher rate of interest.
- Earn a higher rate of interest on account balances up to $15,000
- Free online banking with all the free benefits you could ask for - Mobile Banking*, bill pay, and eStatements
- Free small safe deposit box for the first year
- No annual fee Debit card
- One account per household
*Cell phone plan text rates and data rates will apply.
Compare Our Checking Accounts
Power Checking Easy to maintain with no minimum balance. | Rewards Checking Designed to reward the BankIowa customer with multiple accounts. | Champion Checking For the customer who carries higher balances, looking for interest earnings. | |
|---|---|---|---|
| Interest Earning | X | X | |
| Online/Mobile Banking* *Cell phone plan text rates & data rates will apply. | X | X | X |
| Online Bill Pay | X | X | X |
| Debit Card | X | X | X |
| Unlimited Check Writing | X | X | X |
| Free Check Orders | 2 boxes per year | ||
| Free Official Checks | X | ||
| Safe Deposit Box Rental Discount | FREE 1st year | FREE 1st year |
Debit Cards
A Visa® debit card is Included with our Rewards and Champion checking accounts. It has no annual fee and can be used at eligible ATMs to make deposits or withdrawals, check funds availability, or transfer funds. If you make a transaction at one of the thousands of available Shazam ATMs, the transaction is free. It is accepted like a credit card can be used at online or in-store retailers as electronic payment rather than wiring a check.
Direct Deposit
For convenience and easy access, have your paycheck deposited into your BankIowa account(s) automatically. Direct Deposit offers many conveniences, including:
- Instant Access – electronic payroll deposit shows up in your account earlier than depositing in person providing instant access to funds
- Alerts – enroll in online or mobile banking to set up alerts to receive a message to your cell phone or e-mail to let you know when your direct deposit funds post
- Security – reduces theft or loss of a printed check
To set up direct deposit, ask your employer for the company’s payroll direct deposit form. You will need our routing number and the account number where you intend to deposit your check. If you are on Social Security and want to set up direct deposit, please visit www.godirect.org. This is a secure government site to help you get set up correctly.
Order Checks
If you need more checks, simply call us during normal business hours at (800) 433-0285 or stop by one of our walk-in branches for assistance.
Check Stop Payment
If you need to stop payment on a check before it posts, call us during normal business hours at (800) 433-0285 or stop by one of our walk-in branches for assistance. There is a $30 fee per check for check stop payment.
Your Personal Banking Team
Teresa Samec
Office Manager, VP
NMLS: 523287
Division: Personal Banking
Location: Cedar Falls
Phone: (319) 575-9031
Karen Gosnell
Personal Banker
NMLS: 2547868
Division: Personal Banking
Location: Cedar Rapids NE
Phone: (319) 249-7075
Sharon Meoni
Office Manager, AVP
NMLS: 1155200
Division: Personal Banking
Location: Cedar Rapids NE
Phone: (319) 249-7094
Todd Vavra
Personal Banker
NMLS: 2547720
Division: Personal Banking
Location: Cedar Rapids SW
Phone: (319) 249-7102
Mollie Woltz
Office Manager, AVP
NMLS: 996926
Division: Personal Banking
Locations: Cedar Rapids SW, Norway
Phone: (319) 249-7079
Nicole Goedken
Universal Banker
Division: Personal Banking
Location: Independence Main
Phone: (319) 334-7513
Jeff Wagenknecht
Office Manager
Division: Personal Banking
Location: Independence Main
Phone: (319) 334-7544
Joan Dale
Personal Banker
NMLS: 2237058
Division: Personal Banking
Location: Independence South
Phone: (319) 334-7584
Heidi Larson
Relationship Banker/Mortgage Banking Officer
NMLS: 1459890
Divisions: Mortgage, Personal Banking
Locations: Jesup, Waterloo Downtown
Phone: (319) 888-7024
Christina Keppler
Lamont Office Service Leader/Personal Banker
NMLS: 2377688
Division: Personal Banking
Location: Lamont
Phone: (319) 334-7594
Megan Schultz
Assistant Office Manager
NMLS: 2003864
Division: Personal Banking
Location: Marion
Phone: (319) 249-7098
Kimberly Zerr
Personal Banker
NMLS: 2547871
Division: Personal Banking
Location: Marion
Phone: (319) 206-7001
Deborah Clark
Universal Banker
NMLS: 1155198
Division: Personal Banking
Location: Rowley
Phone: (319) 334-7507
Deb Hemsath
Office Manager, AVP
NMLS: 2294847
Division: Personal Banking
Location: Rowley
Phone: (319) 334-7585
Mickayla Burk
Assistant Office Manager
NMLS: 2550071
Division: Personal Banking
Location: Waterloo Downtown
Phone: (319) 249-7085
Jane Messingham
Consumer Banking Manager, VP
NMLS: 458197
Division: Personal Banking
Location: Waterloo Downtown
Phone: (319) 888-7026
Billie Payne
Office Manager, AVP
NMLS: 1379369
Division: Personal Banking
Location: Waterloo Kimball
Phone: (319) 888-7009
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