Are you looking for a convenient and safe way to hold deposits while earning interest? A Business Savings Account with Itasca Bank & Trust Co. is the solution.
- $250 Minimum Deposit to Open
- Monthly Service Charge $10 if balance falls below $1,000 anytime during the month*
- $1,000 minimum balance to earn interest
- Business Online Banking available
- Quarterly Paper Statements. E-statements available monthly if combined with a business checking account
Transactions are limited to no more than six transfers and withdrawals, per calendar month by means of a pre-authorized or automatic transfer, telephonic agreement, electronic transmission or by check, draft, debit card, or online transfers. Unlimited transactions include repaying loans/fees at the Bank, or transfers of funds to another account of the same depositor at the Bank when such transfers/withdrawals are made by mail, messenger, ATM or in person. A $10 excess activity fee will be charged for each transaction over six that clears in a calendar month.
* Other items may apply. Refer to the Schedule of Fees for details