Randall-Story State Bank

Commercial Savings Accounts

Business Savings

  • Minimum Balance $250.00
  • Below minimum, $6.00 monthly maintenance fee
  • Earns variable interest, compounded quarterly on the daily collected balance
  • Quarterly statement provided
 

 

Commercial Money Market

  • Service Charge per Deposit          $ .15
  • Deposited Items                             $ .05 
  • Minimum balance $2,500.00
  • Below minimum, $10.00 monthly maintenance fee
  • Unlimited In-Bank and ATM transfers
  • Limited Check Writing
  • Money Market Interest Rate -Tiered Rate Schedule call for details 515.733.4396 

*This account allows six pre-authorized transfers per month, three of which can be made by check. If over the minimum withdrawals, $5.00 per debit.


Regulation D applies to Savings, Money Market accounts:

Preauthorized transactions are limited to 6 per statement cycle.  Preauthorized transactions include:

  • Checks
  • Transactions made with a debit card
  • ACH debits
  • Automatic transfer debits
  • Telephone transfer debits
  • Touch ToneTeller transfer debits
  • Internet Banking debits
The following transactions are unlimited:
  • Automatic payments made to Randall-Story State Bank
  • Transfers or withdrawals made by mail, ATM or in person

For more information on any of our commercial accounts, please email info@RandallStory.com or call 515.733.4396.