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You have options to back up your checking in the event you overdraw your account.

Ready Reserve Checking

  • Revolving line of credit attached to checking account
  • Transfers in increments of $100
  • Interest rate is at a fixed 15% APR with a periodic rate of .041096%.
  • Interest accrues immediately after line of credit advancing.
  • Annual fee of $30.
  • No additional fee for line of credit advancing.

Savings Account Transfer

  • Checking account is attached to savings
  • Transfers in increments of $100
  • If savings balance is less than $100 then the transfer will take remaining balance of savings account
  • Covers the overdrawn amount to avoid overdraft fee.
  • Prevents items from getting returned.
  • $5 fee plus tax assessed to checking for each savings account transfer.
  • Each overdraft transfer is considered a withdrawal from savings.

No Protection

  • Items presented to the bank will be paid on bank discretion.
  • $29 fee per presentment on returned items presented to the bank (maximum of $290 per day per account).
  • $29 fee on overdraft items (maximum of $290 per day per account).
  • Transactions subject to overdraft and return check charges are checks, in-person withdrawals, ATM withdrawals, and other electronic means.

Central Iowa's success is at the center of what we do.

When you win, we all win. That’s why we put our profits back in our community. It’s more than just philanthropy to us — it’s a responsibility.

Our Involvement