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Business Bank Account

FSB Bank Business Checking

Bonus

$300

Monthly Fee

$8/mo (waivable)

To Qualify

$5,000 Balance + 30 Transactions

Availability

IA

View Offer

Bonus Details

Tier 1: $300 cash bonus with $5,000 new money deposit, $5,000 average daily balance, and 10 transactions/month within 90 days.

Tier 2: $600 cash bonus with $20,000 new money deposit, $20,000 average daily balance, and 10 transactions/month within 90 days.

Tier 3: $1,000 cash bonus plus 6 months of free ACH or Positive Pay service with $35,000 new money deposit, $35,000 average daily balance, and 15 transactions/month within 90 days.

How To Qualify

Open a new business checking account and deposit the required new money amount at account opening. "New money" is defined as funds not currently on deposit with Farmers State Bank. Within the first 90 days, maintain the specified average daily balance and complete the required number of transactions per month as outlined in your chosen tier. Tier 1: $5,000 deposit, $5,000 balance, 10 transactions/month. Tier 2: $20,000 deposit, $20,000 balance, 10 transactions/month. Tier 3: $35,000 deposit, $35,000 balance, 15 transactions/month.

Bonus will be deposited into your account within 30 days after meeting all requirements. Offer valid for new business checking relationships only. Not available for customers with a business checking account already. One bonus per business. If funds are moved from FSB to another financial institution, funds cannot be redeposited as new money for at least 60 days.

The Fine Print

Monthly Fees
$8
Household Limit
One bonus per business
Account Type
Business Bank Account
Expiration Date
None Listed
Availability
Iowa

Eastern Iowa only. Branches in Alburnett, Cedar Rapids, Hiawatha, Marion, and Tiffin.

Monthly Fee Details

$8 monthly fee for Basic Business Checking, waived with $500 minimum balance. Business Checking and Business Checking Plus also have an $8 monthly fee, waived with $2,500 minimum balance.

Early Account Closure Fee

Premature account closure fee of $15 if closed within 6 months after opening.

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