Iowa State Savings Bank

Public Funds Checking

Flag in front of public building

A business checking account designed specifically for municipalities and public entities

This account is designed to recognize the role public entities play by offering a straightforward structure with interest on balances and no monthly fees.

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When It Fits

This account is often used when:

  • Funds are managed on behalf of a municipality or public entity 
  • Activity includes collecting, holding, and distributing funds 
  • An account needs to reflect how public funds are handled 

Account Details

  • No monthly maintenance fees 
  • No minimum balance requirement
  • Tiered interest earned on balances
  • Digital banking access available 
  • Free monthly statements and check images for record keeping
  • Local support for ongoing account needs 

Talk through your next step and confirm what fits your organization

We can walk through your activity and help determine if this account is the right fit.

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