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 If your business is not classified
as a for profit corporation or a formal partnership, you may qualify for our interest bearing business checking account. Just like our regular business checking account, this is a "one size fits all" account.
To see whether or not you qualify, call us at 507-732-7555.
With
Business Interest
Checking, we will pay you a variable rate of interest on your average collected balance. The interest rate changes periodically at our discretion. Today’s annual percentage yield is
.40%. This is perfect for business owners or managers who want to earn interest on all their funds and maintain only one deposit account.
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| Account Fees and Terms:
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If your average collected balance is greater than $500.00, your monthly fee is $1.00
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If your average collected balance is less than $500.00, your monthly fee is $2.00
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