
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
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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.
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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.
