Business Saving Accounts in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

High-Yield Business Saving Accounts in Iowa

Flexible Options Built for Iowa Businesses

FSB offers business savings accounts in Iowa with competitive rates, flexible access, and no monthly fees when balance requirements are met. Whether you're growing reserves, earning interest on excess cash, or planning ahead, our local team helps your business make the most of every dollar.

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Compare FSB's Business Saving Accounts

Explore savings solutions designed to help Iowa businesses grow.

Icon for FSB's Regular Business Saving Account in Eastern Iowa (Cedar Rapids, Marion, and more)

Regular Business Savings

Start simple with a reliable savings account designed for small to mid-sized businesses.

Key Benefits:

$100 minimum opening deposit
No monthly fees when you maintain the required balance
6 free withdrawals per month

Business Ultimate Account

Earn more with a tiered-rate savings account and easy access to your funds.

Key Benefits:

$10,000 minimum opening deposit
No monthly maintenance fees
Interest rates as high as 3.00% APY^†
One penalty-free withdrawal in the first 5 business days of the month²

Business Money Market

A high-yield savings option with check-writing access and liquidity.

Key Benefits:

$1,000 minimum opening deposit
Earn up to 1.75% APY^†
No monthly fee when balance requirement is met
6 transfers per month, unlimited in-person withdrawals

Business Certificate of Deposit

Earn guaranteed returns with flexible terms and competitive CD specials.

Key Benefits:

$1,000 minimum opening deposit
Terms from 1 to 60 months
- Current 7-Month CD Special: 4.00% APY^†
Interest compounded and paid quarterly
Automatic renewals (excluding CD specials)

Why Iowa Businesses Choose FSB for Saving Accounts

Every FSB business savings account includes features that help you manage money efficiently—while supporting you with local expertise.

Waived Maintenance Fees Meet the balance requirements to waive monthly fees.	Overdraft Protection Link your checking account for overdraft protection.	Easy Access to Funds Access your funds through ATMs, online banking, or at any branch.
Online Banking Manage your accounts anytime with Business Online Banking.³	Custom Account Alerts Set up alerts to stay informed about your account activity.⁴	eStatements Receive your statements online for convenience and security.

I've been banking with FSB for several years, managing my personal and business accounts, providing excellent service.
- Nancy F.

What You Need to Open a Business Account

Looking to open a business account with FSB? Have these documents ready:

Business's EIN or Tax ID Number	Legal Formation Documents	Photo ID & SSN For All Authorized Individuals

Ready to Start Earning More?

FSB’s High-Yield Business Savings Accounts in Iowa are designed to give you more — more interest, more access, and more support. Apply online or connect with our team to open your account today.

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Customer securing his accounts with FSB's Positive Pay in Eastern Iowa.

Protect Your Business Against Fraud

Safeguard your accounts by preventing check and ACH fraud with Positive Pay, detecting and stopping unauthorized transactions before they occur.

FSB’s Positive Pay

Get the Most From Your Bank

Learn how to maximize your banking experience to support your business.

Maximize Your Business Benefits

Is It Time to Expand?

Evaluate the right moment to scale your business for greater success.

Business Expansion Tips

What is a CD?

Learn how a Certificates of Deposit can work to grow your savings.

Explore the Benefits of CDs

Business Saving Account Disclosures

Accounts subject to approval. Must be 18 to apply. Some services may have fees. See the fee schedule or contact the bank for additional information
^†All rates are subject to change without notice. FSB is not responsible for typographical errors or omissions.
¹Plus applicable sales tax.
²Must transfer to an FSB checking account.
³Fees may apply.
⁴Message and data rates may apply.

Account Details:

Minimum Opening Deposit: $50
Minimum Daily Balance to Avoid Monthly Maintenance Fees: $100
- Monthly Maintenance Fee: $3¹
Transaction Fees: 6 free withdrawals, then $0.50/withdrawal if your minimum daily balance is less than $2,500¹

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¹Plus applicable sales tax.

Account Details:

Minimum opening deposit: $10,000
Unlimited deposits after account opening
Tiered interest (See rates)
Interest compounds OR can be transferred quarterly²
No maturity date
Early withdrawal penalty: $50.00 or 7 days interest, whichever is greater
- One fee-free withdrawal within the first 5 business days of each month
No monthly maintenance fee

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²Must transfer to an FSB checking account.

Additional Terms and Conditions Apply.
Interest bearing account – refer to FSB rate sheet for information on Interest Rates and Annual Percentage Yields.

Account Details:

Minimum Opening Deposit: $1,000
Minimum Daily Balance to Avoid Monthly Maintenance Fees: $1,000
- Monthly maintenance fee: $6¹
Allows 6 transfers per statement cycle, including checks
Unlimited in-person withdrawals
Unlimited ATM transactions

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¹Plus applicable sales tax.

Certificates of Deposits

Account Details:

Minimum opening deposit: $1,000
Various terms available
Competitive Annual Percentage Yields (APYs): See current rates
Interest is compounded and paid quarterly
Automatic renewals (excluding CD specials)

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See FSB Rates for full list of CD offerings.