Business Checking Account
Enjoy all the benefits of a business checking account while receiving an earnings credit on your average collected balance. Use the earnings credit to help offset any monthly service charges that you may incur. This account has no minimum balance requirement. Free paper statements are available with this account. Free e-statements are also available and accessed through Internet Banking.
Service Charges
| Item | Fee |
|---|
| Monthly Maintenance |
$2.50 |
| Per check deposited on Waukon State Bank and Viking State Bank & Trust |
No fee |
| Per check deposited drawn on other banks |
$0.08 |
| Per check written on the account |
$0.15 |
| Earnings credit per month (figured per $100 of average collected balance) |
$0.30 |
Business NOW Checking Account
Earn interest on your business checking account. Interest on this type of checking account is at a variable rate. There is no minimum balance requirement. Free paper statements are available with this account. Free e-statements are also available and accessed through Internet Banking.
Aside from earning interest on your account balance, you will also earn an earnings credit on your average collected balance. Use the earnings credit to help offset any monthly service charges you may incur.
Service Charges
| Item | Fee |
|---|
| Monthly Maintenance |
$2.50 |
| Per check deposited on Waukon State Bank and Viking State Bank & Trust |
No fee |
| Per check deposited drawn on other banks |
$0.08 |
| Per check written on the account |
$0.15 |
| Earnings credit per month (figured per $100 of average collected balance) |
$0.15 |
Money Market
This account pays attractive interest rates with an increased interest rate at balances of $25,000, $100,000, $250,000, $500,000 and above. There is a limit of six withdrawals either by check or automatic withdrawal per statement cycle. However, over-the-counter withdrawals are unlimited with this type of account. Free paper statements are available with this account. Free e-statements are also available and accessed through Internet Banking.
| Minimum Balance | Monthly Charge | Interest Paid |
|---|
| $0 - $4,999 |
$8 |
Variable Rate |
| $5,000 & Above |
No Charge |
Variable Rate |
Savings Account
Business savings accounts have no minimum balance requirement. Save any amount while earning interest at a variable rate. Statements are sent out monthly. The only service charge associated with this account is a $1.00 fee per withdrawal after 4 withdrawals per month. Free paper statements are available with this account. Free e-statements are also available and accessed through Internet Banking.
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