Checking and Savings Accounts for Community Businesses
The best part about the businesses in our communities is their diversity. There are local businesses of all sizes and niches, run by people of different needs and preferences. Just as no two businesses or business owners in our communities are exactly the same, neither are their business deposit account needs. Central Bank offers a menu of checking and savings accounts suited for a broad range of cash flow needs of local business owners.
Compare our checking and savings accounts below to find the one that fits your specific needs, and then come by the nearest Central Bank office to get started today.
Click here to view a printable PDF of our business checking and savings accounts.
Compare Checking Accounts

SMALL Business
The perfect business checking solution for small businesses, Business Basic offers all the services you need at a low cost. Great for a business just starting out. Learn more about Small Business Checking.

Analysis CHECKING
For companies with large transaction volumes needing treasure management products. Earnings credit can be used to offset service fees. Learn more about Analysis Checking.

Classic Savings
A basic business savings account, Classic Savings helps small businesses with lower balances save, earn interest and access their savings when needed. Learn more about Classic Savings.

Platinum Money Market Savings
Offering tiered interest and monthly paper or Online Statements, Platinum Money Market Savings helps businesses with higher savings balances grow their money with limited accessibility. Learn more about Platinum Money Market Savings.
| Small Business | Standard Business | Analysis Checking | Non-profit checking |
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Perfect For | Low transaction volume. Low cost. | Designed to grow your business. Offers additional features to improve your efficiency. | For companies with large transaction volumes needing treasury management products. Earnings credit can be used to offset service fees. | Designed for non-profit organizations. |
Minimum to Open | $0 | $0 | $0 | $0 |
Minimum to Avoid Fees/monthly maintenance | $100 average monthly balance. If below, $5/month. First month waived. | $1,000 average monthly balance. If below, $5/month. First month waived. | $10/month. First month waived. | $0 |
Earnings Credit | | | Earnings credit calculated on investable balance | |
Interest | | | | Variable interest, paid monthly based on the following tiers: $0.00 – $9,999.99 $10,000.00 – $49,999.99 $50,000.00 – $99,999.99 $100,000.00 – $249,999.99 $250,000.00 and above |
Number of Free Monthly Transactions | 50 Free
If over: $0.25/item for checks and deposit tickets, $0.25/item for deposited items on us, $0.25/item for deposited items not on us | 200 Free
If over: $0.25/item for checks and deposit tickets, $0.25/item for deposited items on us, $0.25/item for deposited items not on us | 0 Free
$0.20/item for checks and deposit tickets, $0.10/item for deposited items not on us | 350 Free
If over: $0.10/item for checks and deposit tickets, $0.10/item for deposited items on us, $0.10/item for deposited items not on us |
Treasury Management | | ACH origination, limited volume*. Contact our Treasury Management team. | Variety of services available*. Contact our Treasury Management team. | Variety of services available*. Contact our Treasury Management team. |
Debit Card*† | Free | Free | Free | Free |
statements with check images | Free Online Statements or $5 for monthly statements mailed. | Free Online Statements or $5 for monthly statements mailed. | Free Online Statements or $5 for monthly statements mailed. | Free Online Statements or $5 for monthly statements mailed. |
Online Banking with Bill Pay | Free | Free | Free | Free |
Mobile Banking** with Mobile Deposit* | Free | Free | Free | Free |
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, excluding our South Dakota locations. *Subject to approval. †If you receive an ATM surcharge, bring in or mail your original ATM receipt within 60 days and we will refund the surcharge. Excludes foreign surcharge fees. **Although Central Bank does not charge for Mobile Banking, standard text messaging and data plan fees from your mobile phone carrier may apply. Please consult your carrier before using Mobile Banking.