We will be CLOSED Monday, February 19, 2024 in observance of PRESIDENTS DAY.

Any transactions after closing Friday, February 16 will post to your account on Tuesday, February 20. * This affects all wires & ACH files.

Business Savings

Business Savings Account Options

Simply Savings((B1)Business SavingsBusiness Money Market SavingsSweep Account(B2)Transaction Account
Opening Deposit$100$100$10,000$1,000$10,000
*Average Available (collected) Balance for no monthly service charge
(Item charges may still apply)
Based on Available
(Collected) Balance**
Monthly Service Charge$2(B1)$2$15None$20 Emailed
Daily Sweep Confirmation Statement
Images On StatementsN/AN/AN/AN/AIncluded
*Average Available (Collected) Balance to Earn InterestYes
Based on Tiered Split Balances on the Available (Collected) Balance**
All Balances
Tiered on Balance – $10,000.01
Based on Tiered Split Balances
Special Features/ Item Charges$2 per withdrawal over 6 per statement cycle (B1)$1 per withdrawal over 3 per statement cycle$10 per debit
over 6 per statement cycle
***All service fees are applied to Corporate Transaction Account***$0.075 per check or deposit, $0.02 per on-us check deposited item, $0.08 per not-on-us(transit) check item deposited.

Bringing the Bank to you

We want to make banking easy for you with 24/7 access to your accounts and convenient access to services. Have 24/7 access to all of the following without having to step foot in the bank:

For a printable version of Reg E:

 You are accessing a printable version of our Electronic Funds Transfer.

For a printable version of our Online Terms and Conditions:


You are accessing a printable version of Grinnell State Bank’s Online Banking Terms and Conditions. There are hyperlinks appearing within the document to access additional bank policy information referenced by the link. The links are for reference only, please contact the bank directly to request a copy of the referenced information.