Checking

	Small Business Checking	Business Checking	Business Checking Plus
Description	Great for a small or start-up business that doesn’t anticipate a large number of transactions each month.	Analysis account that offsets service charges with an earnings credit based on the average collected balance. Example (pdf)	This account offers qualified accounts the ability to earn interest.
Minimum Balance Required	None	None	None
Service Charge	$5.00 monthly	$12.00 monthly	$12.00 monthly
Account Activity Fees	First 20 Debits . . . . . FREE Above 20 . . . . . . . . . $.20 each First 20 Credits . . . . FREE Above 20 . . . . . . . . . $.20 each Deposited items . . . .$.09 each Negative Available Balance Fee Prime + 4.00%	$.20 per posted debit $.20 per posted credit $.07 per deposited in-state item $.09 per deposited out-of-state item Negative Available Balance Fee Prime + 4.00%	$.20 per posted debit $.20 per posted credit $.07 per deposited in-state item $.09 per deposited out-of-state item Negative Available Balance Fee Prime + 4.00%
Cancelled Checks	Free check safekeeping or Check Imaging available $2.00/month	Free check safekeeping or Check Imaging available $2.00/month	Free check safekeeping or Check Imaging available $2.00/month
Interest	None	None	Interest is compounded and paid to the account monthly. Interest is paid on collected balances.

Iowa State Bank is participating in the FDIC's Transaction Account Guarantee Program. Under the program, through December 31, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

As of December 19, 2008, FDIC's definition of non-interest bearing transaction accounts includes interest on Lawyers Trust Accounts (and functionally equivalent accounts) and low-interest NOW accounts (with interest rates no higher than 0.25% APY after June 30, 2010)