If you are in business for yourself, take a look at our variable rate earnings credit applied toward service charges.
Earn a variable rate of interest with a $500 minimum balance requirement.
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.
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.
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
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.