Planning Finances For Vacation
January 29, 2025
Read PostCraft Your Personalized Savings Plan with BankIowa
BankIowa goes beyond expectations with a diverse range of savings account options designed to align with your unique preferences, all while prioritizing the safety of your funds. Whether you seek a conventional savings account for financial growth, an interest earning savings offering, convenient access, or an account to save for the holidays, BankIowa has the ideal solution with your goals top of mind. Engage with our team of personal banking experts to uncover the ideal account that not only suits your needs but also ensures the security of your financial future. Optimize your savings with confidence through BankIowa's specialized and secure savings options.
Opening a Personal Savings Account
You may apply to open an account online by clicking the buttons below depending on your product choice or you may apply for an account at one of our walk-in branches. If applying to open an account in person at a branch, 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 savings account*
If you desire a joint account, we’ll need a valid ID and required documentation for each applicant.
* Minimum deposit for account holders under age 22 is $10
Open a Personal Savings Account
A Health Savings Account must be opened in person at one of our walk-in branches.
Compare Our Savings Accounts
Personal Savings Earn interest with low minimum balance requirements | Christmas Club* An automatic transfer from checking or savings will make holiday shopping much easier! | Health Savings Account^ HSAs are designed to help you save for future qualified medical and health expenses | |
|---|---|---|---|
Minimum Opening Deposit | $100 (Account holder under age 22; $10) | Automatic debit from BankIowa checking or savings: | $0 |
Interest Rate | Interest is compounded and credited on | ||
Free Online/Mobile Banking* | X | X | X |
Free eStatements | X | X | X |
ATM and Debit Card (Must have BankIowa checking account to receive ATM and Debit Card approval) | X | N/A | X |
*Early withdrawals allowed only for death, relocation, or another emergency situation. Account will be closed if an early withdrawal is made.
^A High Deductible Health Plan (HDHP) is an insurance policy with a high deductible and usually a lower premium. It can be combined with a Health Savings Account to pay expenses toward the deductible with tax-free dollars. Required opening balance = $100.00. Interest compounded and credited monthly. Monthly Maintenance Fee of $4.95 will be imposed each monthly statement cycle if the average daily collected balance for the monthly statement cycle falls below $1,500.00. The average daily collected balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
**Consult your tax advisor for tax questions.
Your Personal Banking Team
Teresa Samec
VP, Office Manager
NMLS: 523287
Divisions: Branch Manager, 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
AVP, Office Manager
NMLS: 1155200
Divisions: Branch Manager, Personal Banking
Locations: Cedar Rapids NE, Marion
Phone: (319) 249-7094
Mollie Woltz
AVP, Office Manager
NMLS: 996926
Divisions: Branch Manager, Personal Banking
Locations: Cedar Rapids SW, Norway
Phone: (319) 249-7079
Jeff Wagenknecht
Office Manager
Divisions: Branch Manager, 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
Office Manager
NMLS: 1459890
Division: Personal Banking
Location: Jesup
Phone: (319) 888-7024
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
AVP, Office Manager
NMLS: 2294847
Divisions: Branch Manager, Personal Banking
Location: Rowley
Phone: (319) 334-7585
Mickayla Burk
Assistant Office Manager
NMLS: 2550071
Divisions: Branch Manager, Personal Banking
Location: Waterloo Downtown
Phone: (319) 249-7085
Jane Messingham
VP, Consumer Banking Manager
NMLS: 458197
Divisions: Branch Manager, Personal Banking
Location: Waterloo Downtown
Phone: (319) 888-7026
Billie Payne
AVP, Office Manager
NMLS: 1379369
Divisions: Branch Manager, Personal Banking
Location: Waterloo Kimball
Phone: (319) 888-7009
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