Report Card Donations
2024 Report Card Donations total $76,046.92! Click to learn more.
Report Card Donations
2024 Report Card Donations total $76,046.92! Click to learn more.
business
Every business owner needs a savings account that allows them to execute their savings strategy. Regardless of your savings goals, you can utilize Marion County Bank’s business savings account options to achieve those goals. We offer two savings account options – our Statement Savings Account and our Money Market Express Account. Each of these accounts allow you to save your way and earn interest on your balance. Contact our offices to speak with our business banking team about which business savings account is the right choice for you.
| Statement Savings Account | Money Market Express Accounts | |
|---|---|---|
| Minimum Daily Balance | $100 | $2,500 |
| Monthly Service Fee | None; unless balance falls below $100, then $3.00 | None; unless balance falls below $2,500, then $15.00 |
| Withdrawal Availability | Unlimited | Unlimited |
| Interest Earning | Yes | Yes |
A minimum balance fee of $3.00 or $15.00 will be imposed every statement cycle if the balance in the account falls below minimum daily balance any day of the cycle.
Interest will be compounded and credited monthly. The daily balance method is used to calculate interest and applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Service fees subject to Iowa sales tax.
