Ranked #1 Bank in Iowa

Forbes Best-In-State Banks List (2024)

Tops for:
  • Customer service
  • Quality of advice
  • Fee structure
  • Degree of trust
  • Access to help at branches
  • Reviews & ratings

The best banking is designed to drive your business forward.

  • All the tools you need to keep your finances on track
  • Online & Mobile Banking
  • Open an account online in minutes

At LSB, we pride ourselves on delivering top-notch banking services tailored to meet the unique needs of our customers. Our commitment to excellence is reflected in our range of business banking products designed to help you with your financial goals.

Choose from our Simply Free Business Checking, Business Money Market, and Nonprofit Checking Account to see which best fits your needs.




Compare Business Accounts

Simply Free Business Checking
Business Money Market
Nonprofit Checking Account
Choose the best account for you! No minimum balance or monthly service charge plus you get 1,000 free monthly transaction items. Enjoy investment-level returns and instant access to your money through checks and digital banking tools. Save with low fees, earn interest, and get 1,000 monthly transactions.
Minimum Opening Deposit $50 $50 $50
Earns Interest1 Yes Yes
Free Business Debit Card Yes Yes
Free Online Banking, Mobile Banking, & Bill Pay Yes Yes Yes
Free eStatements Yes Yes Yes
Monthly Maintenance Service Charges 2 None No fees if balance stays above $2,500 (there is a 2-month grace period after account opening to achieve minimum balance) None
Minimum Opening Deposit
$50
Earns Interest1
Free Business Debit Card
Yes
Free Online Banking, Mobile Banking, & Bill Pay
Yes
Free eStatements
Yes
Monthly Maintenance Service Charges 2
None
Minimum Opening Deposit
$50
Earns Interest1
Yes
Free Business Debit Card
Free Online Banking, Mobile Banking, & Bill Pay
Yes
Free eStatements
Yes
Monthly Maintenance Service Charges 2
No fees if balance stays above $2,500 (there is a 2-month grace period after account opening to achieve minimum balance)
Minimum Opening Deposit
$50
Earns Interest1
Yes
Free Business Debit Card
Yes
Free Online Banking, Mobile Banking, & Bill Pay
Yes
Free eStatements
Yes
Monthly Maintenance Service Charges 2
None
1 Your interest rate and annual percentage yield may change. At the bank’s discretion, we may change the interest rate on your account daily. Interest will be compounded and credited to your account monthly. Interest begins to accrue no later than the business day the bank received credit for the deposit of non-cash items (for example, checks). We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Ask us about our current rates.
2 Sales tax may apply.

Experience the LSB difference and see why we are an award-winning bank. Click on the awards below to learn more!

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Have questions? Talk to one of our business banking experts today!

1-888-381-4185