The Perfect Time to Switch is Now

As one year comes to a close and another one begins, a lot of people are thinking about the changes they want or need to make. As a business owner, one thing you might want to consider (if you haven’t already) is switching your commercial account to States Savings Bank. Right now is the ideal time to make a clean transition from an accounting standpoint. We can help you get this set up as soon as possible, so that in 2017 you aren’t juggling different accounts in different places. 

Big banks continue to make headlines and pay large settlements for abusive sales tactics and fraudulent creation of fake accounts. In the post-credit crisis economy, we are seeing an increase in movement toward community banks. Small banks are more likely than large institutions to issue loans to businesses in their community and invest in what will help their communities thrive. If you value location, face-to-face treatment, and easy access to deposits and cash for your business, then choosing to keep your accounts at a local bank might be the best option.

Here are some benefits of transferring to or opening your commercial account with us:

• At States Savings Bank, we pay a higher earnings credit rate. This is used to reduce the amount of fees a client is required to pay for bank services.
• We offer a variety of commercial checking accounts so you can choose an account that fits now knowing that you can easily change to a different account as your business grows. You can learn a little more about our business checking accounts here.
• Our available loans include, but are not limited to: Equipment, Expansion, SBA, Working Capital, Agricultural, Inventory and much more!
• We have additional business services available including remote deposit, credit and debit processing services, ACH origination, secure online banking and bill pay. Click here to learn more.

“Because the bulk of small business loans come these days from community banks, it is advisable to establish a good relationship with your bank before your business needs outside capital,” says Christine Lagorio-Chafkin, senior writer at Inc. Whether you already have an account with State Savings Bank or if you’re a potential new customer, we want to continue building a relationship with you! We’re here to be a reliable and responsive business partner, saving you time and money however we can. Stop in and see one of our commercial bankers or give us a call  at 515-457-9533 in West Des Moines or 641-227-3161 in Baxter. We'd love to help you explore your options further or guide you through a switch.