There are few certainties in business, but unexpected expenses pop up from time to time. Or maybe you want to earn money while setting funds aside for future growth. Either way, our business savings account can help you achieve your goals!
Business savings account features
Business Savings Account
Account description
A means for businesses to earn interest while maintaining a low balance
Minimum amount to open
$50
Minimum balance
$50 (to avoid fee)
Fee
$3 per cycle if balance falls below minimum requirement
Interest accrual
Last day of each statement cycle
Transfer limit
Transfers by preauthorized, automatic, telephone or computer limited to 6 per monthly cycle
Timothy has served in nearly every role of a community bank over the past 28 years. As President and Chief Executive Officer of WCF, as well as a member of bank’s Board of Directors, he is responsible for the daily activities and financial performance of the bank and shareholder relations, while working closely with and managing members of the executive team. His secret to success: “I pride myself on frequently visiting with all members of the bank staff. My approach is to hire the best bankers possible and ensure they have the relevant training, tools, and financial products to perform their jobs at a high level, which allows them to flourish and provide our customers with excellent service without being micromanaged.” Timothy is a graduate of Simpson College and the Graduate School of Banking at the University of Wisconsin-Madison. His hobbies include travel (he has been to every U.S. state other than Alaska and many foreign countries) and following University of Iowa athletics (Go, Hawks!).
Joel WarlandSenior Vice President/LendingWebster City(515) 654-6275
Meet Joel Warland
Senior Vice President/Lending
Joel joined the WCF Financial Bank team in March, 2022. His banking background includes 30 years of commercial lending experience, including the last 10 years with a community bank located 15 miles from Webster City. His role at WCF is to work with and support local businesses and farmers to help them grow and succeed.
Joel grew up and graduated from high school in Fort Dodge. He majored in Finance at the University of Iowa and completed his Master’s Degree in Accounting at DePaul University in Chicago. His hobbies include pheasant hunting, cooking, and playing the drums.
Kelly J. SmithSenior Vice President / Tama Market President / Senior Loan OfficerTama(641) 484-2078NMLS ID: 535722
Meet Kelly J. Smith
Senior Vice President / Tama Market President / Senior Loan Officer
Kelly has served within the banking industry for the past 26 years, performing all aspects of lending and managing banking functions. He currently serves WCF in a variety of roles, including senior vice president as well as market president and senior loan officer for Tama/Toledo operations. Kelly earned a bachelor’s degree in finance at Buena Vista University and a master’s degree from the Graduate School of Banking in Madison, Wisconsin. He is a part of the Region 6 Housing Trust Board. He enjoys spending time with family and friends, golfing, hunting and doing just about anything outdoors.
Pete R. BurmeisterSenior Vice President / Chief Credit OfficerIndependence(319) 327-8386NMLS ID: 1978747
Meet Pete R. Burmeister
Senior Vice President / Chief Credit Officer
As Chief Credit Officer at WCF, Pete oversees the bank’s credit administration and focuses on growth. His philosophy: “Be conservative in the good times, be courageous in the bad times and always trust your gut.” He has worked in the agricultural-, commercial- and personal-lending field since 2007, serving in both community- and corporate-banking environments. However, his connection to agribusiness stretches back even farther: Pete was raised on a diversified crop and livestock family farm in Eastern Iowa, and continues to be involved to this day. He received a bachelor’s degree from Iowa State University and a master’s degree from Western Kentucky University. His hobbies include golfing, camping, walleye fishing and showing steers with his daughters.
Cody HeckenlaibleAsst. Vice President LendingIndependence(319) 327-8388NMLS ID: 1675076
Meet Cody Heckenlaible
Asst. Vice President Lending
Cody grew up on a small ranching operation in South Dakota, fostering a passion for agriculture that endures to this day. He earned a degree in ag business from South Dakota State University — where he also was a member of the Rodeo Team! Cody loves working alongside farmers to make their agribusinesses stronger and values the trust they place in him. “This trust factor, along with the high-level customer service I hold myself to, is what helps me build long-time relationships with my clients,” he said.
