Certified Accounts
Bank On certified accounts are available in Iowa
A basic banking account is an important first step in participating in the financial mainstream, depositing your paycheck safely, paying bills effectively, accessing or building credit, and saving for emergencies and the future. However, one key challenge facing people without accounts has been a lack of safe and appropriate banking products offered by mainstream financial institutions, particularly those without overdraft. Instead, nearly 36 million adults across the nation rely on costly alternative financial services – like cash checkers, payday lenders, and pawn shops – for routine financial transactions.
Banks and credit unions across Iowa offer low-cost, low-fee transaction accounts that are certified as meeting the Bank On National Account Standards. Want your bank or credit union’s account to join this list? Get in touch with the CFE Fund and learn more!
These accounts do not allow overdraft or non sufficient funds fees, so you’ll never be hit with a surprise fee.
Certified accounts are $5 or less per month, with no unpredictable fees.
Certified accounts always allow free deposits, free withdrawals, and free bill payments.
American National Bank SafeSpend Account
Bank Iowa Balance Banking
Cedar Rapids Bank and Trust CRBT BankOn Checking
Community Bank & Trust CBT BankOn Checking
Community State Bank CSB BankOn Checking
First Interstate Bank Simple Banking
Quad City Bank and Trust QCBT BankOn Checking
The First National Bank in Creston Compass Digital
US Bank Safe Debit Account