Savings Accounts
Welcome to the Savings Account Hub at Iowa Falls State Bank, your trusted partner in financial prosperity. We are an Iowa bank that can help you grow your money over time with our safe, convenient personal savings accounts. Whether you want to save for a rainy day, a particular goal, or building wealth over time, we offer the best savings accounts to fit your needs. We understand the importance of a strong financial foundation, and that’s why we are proud to be one of the leading choices among banks in Iowa Falls. We offer different savings account features including competitive interest rates, online banking, flexible saving options, and, most importantly, secure storage that is FDIC-insured. Explore our various options for free savings accounts and take a step to start growing your financial potential.






















- Minimum opening balance – No minimum to open
- Minimum balance requirements to earn interest – $1
- When is interest paid – Interest will be compounded and credited to your account every 6 months
- How is interest paid – Variable interest rate
- Minimum to avoid fee – No minimum
- Monthly service fee – No monthly fee
- Transaction limit – A service fee of $1 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment out of this account) in excess of 6 during a month
- Monthly Statements – Print statements are mailed out quarterly, E-Statements available on mobile or online
- Minimum opening balance – $1,000
- Minimum balance requirements to earn interest – $1,000
- When is interest paid – Interest will be compounded and credited to your account every month
- How is interest paid – Variable interest rate, tiered based on daily balance
- Minimum to avoid fee – No minimum
- Monthly service fee – If account balance falls below $1,000 interest is not paid
- Transaction limit – A service fee of $5 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment out of this account) in excess of 6 during a month
- Monthly Statements – Print statements are mailed out quarterly, E-Statements available on mobile or online
You will need one of each primary and secondary forms of identification to open an account at our financial institutions.
Primary
- Unexpired driver’s License bearing the individuals photograph
- Unexpired passport bearing the individuals photograph
- Unexpired State Photo identification card
- Current Military Identification Card
- Alien Registration card
- Certified copy of birth certificate for persons 16 or younger unable to present other acceptable documents and a student ID card
Secondary
- Social Security Card
- Medicare, Medicaid or other insurance card
- Voter Registration Card
- Property Tax Bill
- Major Credit Card
- Matricula Consular Card (Mexican National ID Card)
Compare our Savings Accounts Side by Side
Choosing the best savings account is essential for expanding your financial potential. This side-by-side comparison details what local banking can offer for savings accounts to meet your specific needs. Whether you are seeking savings accounts with interest, no minimum to open, or additional perks like no monthly fee, conducting a side-by-side comparison allows you to weigh the pros and cons of our personal savings accounts, ensuring that your hard-earned money works effectively for your future.
Super Saver Account | Simple Savings Account | Minimum Opening Balance | $1,000 | No minimum to open |
---|---|---|
Minimum Balance to Earn Interest | $1,000 | $1 |
When is Interest Paid | Interest will be compounded and credited to your account every month | Interest will be compounded and credited to your account 6 months |
How is Interest Paid | Variable interest rate, tiered based on daily balance | Variable interest rate |
Minimum to Avoid Fee | No minimum | No minimum |
Monthly Fee | If account balance falls below $1,000, interest is not paid | No monthly fee |
Transaction Limit | A service fee of $5 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment out of this account) in excess of 6 during a month | A service fee of $1 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment out of this account) in excess of 6 during a month |
Iowa Falls State Bank offers a variety of checking and savings accounts, all of which can be accessed with our online banking, mobile banking and at our bank locations in Iowa Falls and Williams.
Interested in Certificate of Deposits (CDs)?
All accounts are eligible for free online banking
Interested in our checking accounts!
Still not sure which one of our checking accounts is best for you?
Stop in, give us a call at (641) 648 – 5171, or click here to fill out the form and we will reach out to you!
The Patriot Act
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
We will ask for your name, address, date of birth, and other information that will allow us to identify you when you open an account. In addition, we may also ask to see your unexpired driver’s license or other identifying documents.
Account Opening for a Legal Entity
We are required to ask you for identifying information (name, address, date of birth, social security number, as well as identification documents) for:
- Each individual that has beneficial ownership (25% or more)
- One individual who has significant managerial control of the Legal Entity
If you are opening an account on behalf of a Legal Entity, you will be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge.
Welcome to our Checking Account Hub – Your Gateway to Financial Convenience! Iowa Falls State Bank is an Iowa bank that understands local banking should be simple and stress-free. With our secure and convenient online platform, you can manage your finances with ease. With features like online bill pay, mobile check deposit and 24/7 access to your account with mobile banking, you’ll have the flexibility to handle your day-to-day transactions efficiently with your personal checking account. In addition to our online platform, we also offer made-in-house debit cards for your everyday debit card purchases and free standard checks with certain checking account types. Take a moment and explore our various accounts including options of free checking accounts and checking accounts with interest, find the one that suits your needs best, and take a step closer to financial freedom today with the most trusted of banks in Iowa Falls!
Welcome to our Checking Account Hub – Your Gateway to Financial Convenience! Iowa Falls State Bank is an Iowa bank that understands local banking should be simple and stress-free. With our secure and convenient online platform, you can manage your finances with ease. With features like online bill pay, mobile check deposit and 24/7 access to your account with mobile banking, you’ll have the flexibility to handle your day-to-day transactions efficiently with your personal checking account. In addition to our online platform, we also offer made-in-house debit cards for your everyday debit card purchases and free standard checks with certain checking account types. Take a moment and explore our various accounts including options of free checking accounts and checking accounts with interest, find the one that suits your needs best, and take a step closer to financial freedom today with the most trusted of banks in Iowa Falls!