Flexible Checking Options for Local Iowa Businesses
Running a business takes hard work, and your checking account should make things easier, not more complicated. At Farmers Trust and Savings Bank, we offer business checking accounts built to support real-world business needs in southwest Iowa. No matter if you're a start-up, family business, or growing company, you’ll find dependable banking backed by hometown service you can trust.
With online and mobile banking, debit card access, eStatements, and decades of local experience, we provide big bank services with the community-first, local bank care that Farmers Trust and Savings Bank has been known for since 1892.
Serving Earling, Harlan, Woodbine, and nearby Iowa communities for generations, we’re proud to be the financial partner local businesses rely on
What You Need to Open a Business Checking Account
Opening a business banking account at Farmers Trust and Savings Bank is simple. Please bring:
Documents for Individuals
- Valid driver’s license or state-issued ID for all authorized signers
- Social Security Numbers for all signers
Documents for the Business
- Employer Identification Number (EIN) or Taxpayer Identification Number (TIN)
- Articles of Incorporation, Articles of Organization, Operating Agreement, or similar
- Legal business name, physical address, and phone number
- Trade Name/DBA documentation (if applicable)
- Local, state, or county business license (if required)
Our team will guide you through every step and answer all your questions.
Business Checking Account Options
At Farmers Trust and Savings Bank, we know every business runs differently. That’s why we offer business checking accounts with straightforward features and transparent pricing—no surprises, no hidden fees.
All business checking accounts include:
- Online & mobile banking
- Debit MasterCard® (with qualification)
- eStatements available
- No mobile deposit fees
- Local support from Iowa bankers who understand your business
A $25 closing fee may be imposed if an account is closed within 60 days.
Regular Business Checking
A simple, reliable checking account for everyday business activity.
Features & Fees
- $6 monthly service charge
- $0.12 per check or debit
- $0.06 per check deposited from another bank
- First 10 deposited checks are free (foreign item deposit fee waived)
- $0.02 per $100 credit back based on average collected balance**
A great fit for:
Small businesses, nonprofits, and companies with moderate transaction volumes.
Business Plus Checking (Interest-Bearing Over $1,000)
Designed for businesses that maintain higher balances and want to earn interest.
To Earn Interest
- Maintain a minimum balance of $1,000
To Waive Monthly Fees
- Keep a $1,000 minimum daily balance
OR - Maintain a $2,500 average collected balance
If the balance falls below the minimum
- $10 monthly service charge
- $0.12 per check or debit
Additional Fees
- $0.06 per check deposited from another bank
- $0.02 per $100 credit back based on average collected balance**
A great fit for:
Established businesses, organizations, and companies with higher transaction volume or consistent account balances.
Helpful Online Banking Features to Support Your Business
Online & Mobile Business Banking
Manage your business finances anywhere:
- Check balances
- Transfer funds
- Pay bills
- View eStatements
- Monitor transactions
- Set up alerts
MasterCard® Debit Access
Easily make purchases or withdraw cash.
(Approval required.)
eStatements
Fast, secure, and simple. Perfect for businesses that need organized financial records.
No Mobile Deposit Fees
Deposit checks from your phone without extra charges, saving you time every week.
Why Local Businesses Trust Farmers Trust and Savings Bank
From its founding, Farmers Trust and Savings Bank has supported the businesses that fuel our southwest Iowa communities. We’re more than your bank—we’re your neighbors, customers, and partners.
A Few Things That Set Us Apart
- Family-owned since 1892
- Three convenient locations: Earling, Harlan, and Woodbine
- Local decision-making and personal service
- Competitive interest rates on loans and deposits
- Staff who live here and support local businesses
- Banking built around relationships, not transactions
When you bank with us, your money stays local and helps strengthen the community we all share.
How to Open a Business Checking Account
1. Visit Any Farmers Trust and Savings Bank Location
Our team will help you start your application and gather any documents you need.
2. Talk With a Customer Service Representative
We’ll learn about your business and recommend the checking account that best fits your financial goals and daily operations.
3. Make Your First Deposit
Once your account is funded, you’re ready to start banking with ease and confidence.
Open Your Business Checking Account Today
Whether you run a family business, nonprofit, or growing company, we’re here to support your success with dependable service and modern banking tools.
Visit any Farmers Trust and Savings Bank location or call us today to get started.
