Save Now and Watch Your Money Grow!
Iowa State Bank offers a variety of savings accounts depending on your needs. Choose the one that's right for you!
Kasasa Saver
Enjoy free savings that pays you in really high interest rates. That’s because your Kasasa Cash or Kasasa Cash Back rewards are automatically transferred to Kasasa Saver.
Learn MoreSavings Personal
This basic account is the perfect “starter” savings. You’ll enjoy flexible terms and earn interest on your balance!
Money Market Savings
Our tiered money market account offers a higher rate of return while allowing the flexibility of 6 withdrawals per month!
Certificates of Deposit (CDs)
With terms from three months to five years, our CDs conform to your time frame. They offer guaranteed rates and insured safety!
| Kasasa Saver® | Savings PERSONAL | Money Market Savings | Certificates of Deposit | |
|---|---|---|---|---|
| Fees and Requirements | Monthly Service Charge: FREE Minimum Balance: $0.00 Minimum Deposit to Open: $1.00 | Monthly Balance Fee: $3.00 if minimum balance is not maintained Minimum Balance: $100 Minimum Deposit to Open: $0.00 | Monthly Balance Fee: $5.00 if minimum balance is not maintained Minimum Balance: $1000 Minimum Deposit to Open: $0.00 | Monthly Service Charge: none Minimum Balance: $1,000; $250 for Kids Club CDs, and full-time students 22 years of age and under. |
| APY & Interest | Earn 0.75% APY* on balances up to $10,000 when qualifications are met in Kasasa Checking Account. Portion of balance over $10,000 earn 0.50% interest rate when qualifications are met, resulting in 0.75% – 0.52% APY depending on balance in account.
| See bank representative for rates. Rate is variable and paid quarterly.
| See bank representative for rates. Rate is variable and paid quarterly.
| Competitive interest rates; see bank representative for current rates. |
| Features | Automatic monthly rewards transfer from free Kasasa Cash® or Kasasa Cash Back® checking.
| 5 free withdrawals per month No limit on deposits Free Online Banking
| 5 free withdrawals per month No limit on deposits Free Online Banking
| Flexible terms Guaranteed rates Insured safety Free Online Banking
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| Additional Qualifications, Limitations and Other Infomration | Must be linked to Kasasa Cash or Kasasa Cash Back.
| $5.00 Excess Transaction Fee, plus sales tax per item for each item over 5 withdrawals per month.
Dormant Fee: A $5/month fee is charged for a dormant account (only for accounts with balances below $1000).
No monthly fee if 22 years-old and under. | $5.00 Excess Transaction Fee, plus sales tax per item for each item over 5 withdrawals per month.
Dormant Fee: A $5/month fee is charged for a dormant account (only for accounts with balances below $1000) . A fee of $2.00 for paper images per month will be charged. | None |
Call to learn more or stop by today to open your Passbook Savings account.
| Call to learn more or stop by today to open your Money Market Savings account.
| Call to learn more or stop by today to open your Certificate of Deposit account.
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Kasasa Saver: * APY = Annual Percentage Yield. APYs accurate as of 3/26/2024. Rates may change after account is opened. Minimum to open account is $1.00 for Kasasa Cash, Kasasa Cash Back, and for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) ATM fees incurred during qualifications cycle will be reimbursed up to $20 and credited to account on the last day of monthly statement cycle. ATM refunds are automatically transferred to Kasasa Saver each statement cycle (2) balances up to $10,000 receive APY of 0.75%; and (3) balances over $10,000 earn 0.50% interest rate on the portion of the balance over $10,000, resulting in 0.75% - 0.52% APY depending on balance in account. If qualifications are not met on Kasasa Cash or Kasasa Cash Back all balances earn 0.10% APY. Qualifying transactions must post to and settle Kasasa Cash or Kasasa Cash Back account during the monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM processed transactions do not count toward qualifying debit card transactions. “Monthly Qualification Cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. Transfers between accounts do not count as qualifying transactions. Limit one account per social security number. ATM receipt must be presented for reimbursement if over $5.00.
Member FDIC. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
