BUSINESS BANKING
Business Banking Designed with Your Business in Mind
At State Bank of Eagle Butte, we offer business banking services designed to meet the everyday needs of your business. With low minimum balance requirements, convenient online banking, and hometown customer service, we are committed to providing the personal service you expect from your local bank.
Checking Accounts
Business Checking
A business checking account designed for everyday business banking needs with convenient access to your funds.
- $100 minimum opening deposit
- $5 monthly service charge if daily balance falls below $250 during the statement cycle
Organization Checking
A checking account designed for eligible non-profit organizations.
- $100 minimum opening deposit
- No monthly service charge
- No minimum daily balance requirement
- Available to eligible non-profit organizations with a tax identification number
Now Account
An interest-bearing checking account available to eligible non-profit organizations and certain qualifying entities seeking to earn interest on deposited funds.
- $1,500 minimum opening deposit
- Maintain a $1,500 daily balance to earn interest
- $5 monthly service charge if daily balance falls below $1,500 during the statement cycle
- Interest compounded and credited monthly*
*Bank management determines the rate of interest paid. At our discretion, we may change the interest rate on the account weekly. Please contact us for current rates and Annual Percentage Yields (APYs).
This account is not available to for-profit corporations, partnerships, or other for-profit organizations.
Savings Accounts
Business Passbook Savings
A traditional business savings account designed to help businesses set aside funds while earning interest.
- $50 minimum opening deposit
- $10 daily minimum balance required to keep account open
- $5 monthly service charge if daily balance falls below $50 during the month
- No monthly service charge if a daily balance of $50 is maintained
- Interest compounded and credited quarterly*
- No preauthorized ACH debits to parties outside of the bank are allowed
*Bank management determines the rate of interest paid. At our discretion, we may change the interest rate on the account weekly. Please contact us for current rates and Annual Percentage Yields (APYs).
Business Money Market Savings
An interest-bearing savings option designed for businesses maintaining larger balances.
- $2,500 minimum opening deposit
- Maintain a $2,500 daily balance to earn interest
- $5 monthly service charge if daily balance falls below $2,500 during the statement cycle
- Interest compounded and credited monthly*
*Bank management determines the rate of interest paid. At our discretion, we may change the interest rate on the account weekly. Please contact us for current rates and Annual Percentage Yields (APYs).
Certificates of Deposit
A fixed-term savings option designed for customers seeking a guaranteed rate of return over a specified period.
- 182 Day
- 12 Month
- 18 Month
- 30 Month
- Minimum deposit to open a Certificate of Deposit is $500.00
- Certificates of Deposit automatically renew unless otherwise noted
- A penalty may be imposed for early withdrawal
Please contact us for current rates and Annual Percentage Yields (APYs).