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Relationship Checking

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It's Time to Get Rewarded for the Way You Like to Bank

Start earning cash back or interest rewards for the way you already bank with our new relationship checking accounts. Opening or upgrading an account is easy, then sit back and watch the rewards roll in.

We make it simple...

  • Compare the three accounts.
  • Open a new account or upgrade an existing account.
    • Upgrading your account is easy and free. Once you fill out the quick form, we handle the rest. Account number, checks, debit card, auto deposits, and auto withdrawals all remain the same.

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Simple Cash Back

Excellent choice if you want a simple, worry-free account and to be rewarded for using your debit card to make purchases. 

  • Free debit card
  • Free online statements
  • No monthly fees
  • No minimum balance ($10 minimum opening deposit)
  • Receive $0.10 Cash Back each time you use your debit card to make a purchase (up to $5 per statement cycle, per account)

It's just that simple. There are no monthly fees on this account. Paper statements are available for $3 (plus tax) per month.

Open Simple Cash Back Account

Upgrade Existing Account

Must be 18 or older to apply online. Minors must stop in the branch with an adult to jointly open an account. Must be an Iowa resident to apply online. If you are a non-resident who is planning to move to Iowa, welcome! Complete this form, and we will help you get started.

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Interest Rewards

Ideal account if you bank electronically, use your debit card, and want to be rewarded with a special interest rate.

  • Free debit card
  • Free online statements
  • No monthly fees
  • No minimum balance ($10 minimum opening deposit)
  • Special interest rate of 3.15% Annual Percentage Yield1 on the first $15,000 of balance during each statement cycle when the following criteria is met: 
    • One direct deposit or one automatic withdrawal per statement cycle; and
    • 25 settled debit card purchases posted to the account prior to statement cycle end.

Paper statements are available for $3 (plus tax) per month.

Open Interest Rewards Account 

Upgrade Existing Account

Must be 18 or older to apply online. Minors must stop in the branch with an adult to jointly open an account. Must be an Iowa resident to apply online. If you are a non-resident who is planning to move to Iowa, welcome! Complete this form, and we will help you get started.

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Premier

Perfect option if you prefer a traditional account that rewards you for your checking balance. Interest rates are tiered, so as your balance grows, your interest rate also increases. 

  • Tiered interest rates on all balances
  • $10 discount per check order
  • Free online or paper statements
  • Free debit card
  • $10 minimum opening deposit

  • Minimum balance of $2,500 or an average daily balance of $5,000

There are no fees as long as the minimum balance is met. If the balance falls below $2,500 anytime during the statement cycle or does not have a $5,000 average daily balance, it will incur a $10 maintenance fee per statement cycle. 

Open Premier Account

Upgrade Existing Account

Must be 18 or older to apply online. Minors must stop in the branch with an adult to jointly open an account. Must be an Iowa resident to apply online. If you are a non-resident who is planning to move to Iowa, welcome! Complete this form, and we will help you get started.

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Relationship Perks

The primary owner of each relationship checking account will receive even more perks if their total deposit relationship is $50,0002 or more.

  • 2 free standard orders of wallet or duplicate checks per relationship, per year3
  • Free cashier's checks3
  • No fee for foreign currency3
  • Free 3x5 safe deposit box or equivalent credit given toward a large size box (must have automatic payment)4
  • Credit back on foreign (non-RSB) ATM fees (up to $20 per statement cycle)4
  • Minimum balance fee waived for Premier Checking accounts4
  1. Annual percentage yield (APY) accurate as of March 10, 2025. If qualifications are met, balances up to $15,000.00 will earn the Interest Rewards Special Rate and balances over $15,000.00 will earn the Interest Rewards Market Rate. If qualifications are NOT met, the entire balance will earn the Interest Rewards Base Rate. See current interest rate sheet at www.rsbiowa.com/interest-rates or stop in the bank. Interest rates may change after the account is opened. Fees may reduce earnings.
  2. Deposit relationship is calculated by adding the balance of any personal deposit accounts in which the primary account holder of the relationship checking account is listed as an owner. Sole proprietorships and business accounts are not included.
  3. For perks which are provided upon request, eligibility will be based on the total deposit balance on the day the service is accessed by the customer.
  4. For perks which are applied automatically, eligibility will be determined by the ending balance the day prior to your statement cycle end. 

Frequently Asked Questions

    • What documents and information do I need to open an account?

    • What Do You Need to Open a Relationship Checking Account? 

      You can apply online if you're 18 years or older and a legal U.S. resident. 

      Here's a list of what you'll need to apply:

      1. Two forms of government-issued ID (at least one of the IDs must be a photo ID). Acceptable forms of ID include: A driver's license, REAL ID card, DoD ID card (also known as Department of Defense ID Card), Passport, Social Security card, Birth Certificate (Nondrivers can get a state ID card at the Iowa Department of Transportation.)
      2. Your current residential address
      3. Your birth date
      4. Your Social Security number or Taxpayer Identification number
      5. Your phone number and email address
      6. A minimum opening deposit of $10 to activate your account (once you've been approved). All three Relationship Checking accounts have a minimum deposit requirement to open.

      Depending on your circumstances, you might need a few other items, too:

      1. If you're opening a joint account, you will need to provide documentation to confirm the identity of each person listed as an account holder and a signature from each of them. 
      2. If you're under 18 years old, you will need a parent or guardian 18 or older to open the account with you.

      If you are wanting to open a checking account and need help, you can call us in Story City at 515-733-4396 or in Garner at 641-923-2801 or stop by either of our locations and one of our personal bankers will be able to assist you. 

    • Do the Relationship Checking accounts come with Bill Pay?

    • Online bill pay is a service offered with all of the Relationship Checking accounts. This service helps customers pay their bills quickly and seamlessly. With online bill pay, you can have money sent directly from your bank account to those you owe with a click of a button. You can use online bill pay to pay a number of bills - rent, mortgage, cable, phone, utilities, and credit cards --- all from a single dashboard. 

    • Do you offer online and mobile banking with Relationship Checking accounts?

    • Wherever you are, we've got your covered with online and mobile banking. Both online and mobile banking services are available to use with your Relationship Checking account. 

      Online banking refers to any bank transaction that can be conducted over the Internet, through the bank's secure website under a user's unique private profile, and with a desktop or laptop computer. Checking account holders must register with Reliance State Bank online and create a login ID and password to use this service.

      Mobile banking allows you to perform many of the same activities as online banking using a smartphone or tablet instead of a desktop computer. Mobile banking allows you to access your account through an app downloadable to your smartphone. 

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