New Business Checking Bonus
Earn Up to $1,000 With a New Business Checking Account
Open a business checking account with FSB and earn up to $1,000 when you meet simple deposit and transaction requirements.
Get Started Online
Submit your contact information and a banker will reach out to start the account opening process.
Up to $1,000 Earn a bonus when you open and use your new business checking account*
★★★★★
Based on 639 Google reviews
99
Years serving
Eastern Iowa
Eastern Iowa
$200K+
Donated annually
to Iowa communities
to Iowa communities
7
Branches across
Linn & Johnson County
Linn & Johnson County
Choose Your Bonus Tier
Meet the deposit and transaction requirements within 90 days and earn your bonus.
Tier 1
$300*
Bonus Amount
- $5,000 opening deposit (new money)1
- Maintain $5,000 average balance for 90 days
- Complete 10 transactions per month for 90 days
Five Business Checking Accounts for Every Stage
From startups to high-volume operations, find the account that fits your business.
SMALL BUSINESS
Open Account →
Basic Business Checking
Under 100 transactions per month.
No monthly fees when you maintain the required balance.
Min. Opening Deposit: $100
Min. Balance: $500
Monthly Fee:
(If min. balance not met)
$8†(If min. balance not met)
Free2 Transactions: 100
MOST POPULAR
Open Account →
Business Checking
100 to 200 transactions per month.
No monthly fees when you maintain the required balance.
Min. Opening Deposit: $100
Min. Balance: $2,500
Monthly Fee:
(If min. balance not met)
$8†(If min. balance not met)
Free2 Transactions: 200
EARNS INTEREST
Open Account →
Business Checking Plus
For sole proprietors & non-profit entities looking to earn interest on their balance.
No monthly fees when you maintain the required balance.
Min. Opening Deposit: $100
Min. Balance: $2,500
Monthly Fee:
(If min. balance not met)
$8†(If min. balance not met)
Free2 Transactions: 200
Every Business Account Includes
Standard features across all five business checking accounts.
What Our Customers Say
Real reviews from FSB customers in Eastern Iowa.
★★★★★
I’ve been banking with FSB for over 20 years. I appreciate the way their employees know my name. It’s great to hear ‘Hi, Patty’ when I reach the drive-up window. It feels like coming home each time!
★★★★★
We opened our doors in 2006, and our business has grown exponentially. FSB helped us get started and has supported us every step along the way.
How to Open Your Business Checking Account
Three steps to open your account and start earning your bonus.
1
Submit your details online or visit any FSB branch for in-person assistance.
2
A local FSB banker will review your needs and recommend the right account.
3
Make your opening deposit and start using your account to earn your bonus.
All business checking accounts are subject to approval. Must be 18 years or older to apply. Some services may have fees. See our fee schedule or contact us for additional information.
*To qualify for the business checking bonus, you must open a new business checking account and deposit the required "new money" amount at account opening. "New money" is defined as funds not currently on deposit with Farmers State Bank. Within the first 90 days of account opening, you must maintain the specified average daily balance and complete the required number of transactions per month as outlined in your chosen tier.
- Tier 1 ($300 bonus): Deposit $5,000 new money, maintain $5,000 average daily balance, complete 10 transactions/month.
- Tier 2 ($600 bonus): Deposit $20,000 new money, maintain $20,000 average daily balance, complete 10 transactions/month.
- Tier 3 ($1,000 bonus): Deposit $35,000 new money, maintain $35,000 average daily balance, and complete 15 transactions/month. Also receives 6 months free of either ACH or Positive Pay services.
Bonus will be deposited into your account within 30 days after meeting all requirements. Accounts may be subject to account analysis and additional fees may apply. Offer valid for new business checking relationships only. Not available for customers with a business checking account already. One bonus per business. The program may be suspended or modified with 30 days' notice.
†Plus applicable sales tax.
1Opening funds for this account must be "New money" not currently deposited at FSB and funds must be deposited at account opening. If funds are moved from FSB to another financial institution, funds cannot be redeposited as "New money" for at least 60 days.
2A fee of $0.25 (plus applicable sales tax) per transaction applies after the free transaction limit is reached.
3Commercial Checking accounts are subject to analysis fees and deposit fees. This account includes an Earnings Credit to offset service and transaction fees. Contact an FSB Banker for more information.
4Fees may apply.
5Message and data rates may apply.
