Savings
A savings account can offer security for the unexpected expenses life can bring. Iowa State Bank has different types of accounts for different saving goals. Whether you are saving for a special purchase, holiday expenses or simply to build wealth for the future we have the savings account to fit your needs.
| Passbook | ATS | Minor Passbook | Holiday | Invest @Home Money Market |
| Amount to Open | $100 | $100 | $10 | $10 | $1,000 |
| Minimum Balance | $100 Daily | $100 Daily | $10 Daily | None | $1,000 Daily |
| Monthly Service Charge | - $5.00 service charge if below balance requirement
- 6 free debits per month, $2.00 service charge for each debit over withdrawal limit
| - $5.00 service charge if below balance requirement
- 6 free debits per month, $2.00 service charge for each debit over withdrawal limit
| - $5.00 service charge if below balance requirement
- 6 free debits per month, $2.00 service charge for each debit over withdrawal limit
| - $5.00 service charge for each withdrawal prior to maturity
- $3.00 annual fee to have a check mailed or no charge for auto deposit
| - $10.00 service charge if below balance requirement
- 6 debits per month; $10.00 service charge for each debit over withdrawal limit.
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| Interest | Compounded and paid to account April 30th and October 31st | Compounded and paid to account April 30th and October 31st | Compounded and paid to account April 30th and October 31st | Compounded at end of term to account No interest earned if the account is closed before cutoff date | Variable interest rates move with market conditions Compounded and paid to account monthly |
| Other | Prohibits automatic/electronic transactions Quarterly statement provided | Permits automatic/electronic transactions Monthly statement provided | Must be under 18 years of age Prohibits automatic/electronic transactions Quarterly statement provided | Funds issued on November 10th Account automatically renews | Limited to 6 withdrawals per month Monthly statement provided |