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Business Classic Savings

A No-Frills Savings Account to Help Any Business Owner Save

The simple solution is often the best. That’s Business Classic Savings from Central Bank. Simple means less time spent focusing on something other than running the store, office or warehouse. It’s a simple and easy way for business owners to save for future purchases: Classic Savings for businesses.

Classic Savings gives business owners just what they need in a savings account: interest to grow, accessibility when they need it and the online tools to make managing money easy. Time is valuable - why waste it on complex savings accounts when you can go with the simple option?

Business owners of all kinds with all sizes and types of businesses could benefit from the many features Classic Savings offers:

Variable interest rate
Interest compounded and credited quarterly; paid at calendar quarter-end
ATM access
Online Banking/Online Bill Pay
Bankline 24/7
Direct Deposit
Online Statements or quarterly paper statements mailed, monthly if electronic transactions

Additional Information About Classic Savings

$100 minimum deposit to open account
$100 minimum balance or $250 average monthly balance during calendar month. If below, $2 per month

Open your Business Classic Savings account by coming by any Central Bank location today.

A Central Bank Business Checking Account is required. ATM Card is subject to approval. Closing fee of $30 applies to all accounts closed within 90 days of opening date. All account fees are subject to Iowa and Local Option sales tax.

Variable interest, paid quarterly.

What is the minimum deposit to open an account?

There is a $100 minimum deposit to open a Classic Savings account.

Is there an option for online banking?

Yes. Online banking and online bill pay are both available to customers with a Classic Savings account.

Brittny Brunning

Branch Manager I

Location: Storm Lake North Branch

Work Phone: (712) 732-1919

Bryan Johnson

Vice President, Regional Retail Manager | NMLS#651499

Location: West Des Moines Mills Civic Branch

Work Phone: (515) 222-1144

Dustin Pohlman

Vice President, Regional Retail Manager

Location: Spirit Lake Main Office

Work Phone: (712) 336-4100

Julie Dhabalt

Retail Branch Supervisor

Location: Cherokee Main Office

Work Phone: (712) 225-2546

Karen Waller

Vice President, Commercial Banking Officer

Location: Sioux Falls Western Branch

Work Phone: (605) 977-0221

Mark Heffernan

Vice President, Commercial Banking Officer

Location: Urbandale 86th St. Branch

Work Phone: (515) 309-5105

Nancy George

Personal Banker II/Emerald Club Director

Location: Dakota Dunes Main Office

Work Phone: (605) 540-4333

Russell Asman

Branch Manager II | NMLS#1752613

Location: Des Moines Drake Branch

Work Phone: (515) 471-1168

Stacy Meyer

Personal Banker II/Emerald Club Director

Location: Storm Lake Main Office

Work Phone: (712) 732-2190

Watching money. Or making it?

Business Basic helps you do more of the latter.

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