Business Accounts

Business Checking >

If you are in business for yourself, take a look at our variable rate earnings credit applied toward service charges.

Business Interest Checking >

Earn a variable rate of interest with a $500 minimum balance requirement.

Business Regular Savings >

Allows you to manage your business's money and gives you the power to make decisions on how to put that money to work for you business.

Business Money Market

Get the Liquidity of a savings account, the access of a limited transaction checking account and the security of FDIC coverage when you open a commercial money market.

Business T-Bill Rate Money Market >

Your investment will receive the monthly variable rate tied to the 91-day treasury rate.

Business Money Market

Get the liquidity of a savings account, the access of a limited transaction checking account and the security of FDIC coverage when you open a commercial money market.

  • Free Online Banking
  • Free eStatements
  • Initial deposit $2,500 earns a variable interest rate
  • $50,000 balance earns a higher variable interest rate
  • Interest paid less service charges
  • Debit transactions limited to 6 per month


Additional Features as outlined in our account information brochure.  Contact St. Ansgar State Bank for current interest rates.

 

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

 

To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.  What this means for you:  When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you.  We may also ask to see your driver's license or other identifying documents.
 

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

 

Effective January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.  For more information about FDIC insurance coverage, visit http://www.fdic.gov/deposit.