Business Savings
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.
Business Savings Account Features
- $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 is available
- Quarterly Paper Statements; E-statements available monthly
- 24-Hour Depository at all locations
- Cash Management Services
- Click Depositsm(Remote Deposit)
Transaction Limitations:
Transactions are limited to no more than 8 transfers and withdrawals per statement service charge cycle by means of Check, Preauthorized Agreement to Third Parties (ACH) and Debit Transfers made via Online Banking, Bank by Phone or Bank Assisted Transfers made by phone. A $10 Excess Activity Fee will be charged for each transaction listed above, over 8, which clears within that statement service charge cycle. Transfers and Withdrawals made in person at Itasca Bank & Trust Co. or at an Automated Teller Machine (ATM)** from a Savings or Money Market Account are unlimited.
* Other items may apply. Refer to the Schedule of Fees for details
**Use of non-Itasca Bank & Trust Co. owned ATM will incur a $1.00 service charge. Other financial institutions may charge a fee to use their ATM.
