Checking Account Management

Now that you have your checking account set up, it is time to make the most of your new account. Understanding and utilizing all of the services provided by your checking account can help you stay informed and become more successful with your finances.

Here are some things to keep in mind when just starting out with your new checking account:

• Make sure you stay above any minimum required balance
• Avoid overdrafts
• Stay below any transaction or withdrawal limits
• Have a good idea of your account balances at all times
• Monitor your account activity to protect against fraud

Here are a few ways to keep an eye on your account: 

• Record your purchases– Even if you don’t ever write checks, be sure you record any purchases you make by using a checkbook ledger. This will help you know the exact balance of your checking account so that you can avoid overdraft fees.
• Use online or mobile banking – These tools help you accomplish your banking faster and on the go when you can make it into an Iowa State Bank office.
• Check your monthly statements- You should be receiving monthly account statements, either through the mail or through an electronic delivery system. These allow you to see all purchases and deposits for your checking account for the last billing cycle.
• Call your bank and ask- If you ever have questions about your account, your bank is only just a phone call away! Your bank has full access to all activity on your account and can help put your mind at ease. Iowa State Bank and Trust Company is always prepared to answer any questions you may have.

Feeling comfortable with your bank accounts is an important part in managing your finances. If you have questions about your checking account, please contact Iowa State Bank and Trust Company today!