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A Higher-Interest Savings Option for Business Owners

If you could grow your business’s saved funds simply by having them in the right savings account, would you do it? Of course you would! But there’s no catch here, simply an answer: the Money Market Savings account for businesses from Central Bank.

If your business can afford to keep a higher savings account balance, you can be rewarded for it. Money Market Savings offers tiered interest, plus convenient online tools to give you the growth and management ability you need to help put your business on the path to future success.

A higher balance means higher tiered interest with Money Market Savings. It also means you get to take advantage of a lot of other useful features and benefits:

  • Tiered variable interest rate
    • $0 - $4,999
    • $5,000 - $24,999
    • $25,000 - $49,999
    • $50,000 and above
  • Interest credited monthly on statement cycle date
  • Six (6) preauthorized withdrawals to a third party permitted per statement cycle
  • ATM access
  • Online Banking/Online Bill Pay
  • Bankline 24/7
  • Direct Deposit
  • Online Statements or monthly paper statements mailed

Additional Information About Money Market Savings

  • $1,000 minimum deposit to open account
  • $1,000 minimum balance or $2,500 average monthly balance during statement cycle. If below, $10 per month

Open your Money Market 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 monthly based on the following balance tiers:

  • Up to $4,999
  • $5,000 to $24,999
  • $25,000 to $49,999
  • $50,000 and above

What is the minimum deposit to open an account.

There is a $1,000 minimum desposit to open a Money Market Savings account.

Is there an option for online banking?

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

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