Checking
All Hills Bank checking accounts include:
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Hills Bank Online: Free online banking that is accessible by desktop and mobile app via Apple App Store or Google Play.
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Free statement alerts and notices: Paper statement or estatement.
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Free personalization of your debit or credit card: Make your card Picture Perfect by uploading your own image or picking from our gallery
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Free Classroom Cash®: Earn money for the private school or public school district of your choice in our community
Free Checking
A free account that's really free.
Yes, really.
Free Checking
A free account that's really free. Yes, really.
Features:
- No minimum to open.
- Free debit card, mobile and online banking.
- Unlimited ATM transactions with no charge. (The owner of a non-Hills Bank ATM may surcharge, but that’s their fee, not ours!).
Gold Checking
For those who want more perks from their checking account.
Learn MoreGold Checking
For those who want more perks from their checking account.
Features:
- $1,000 minimum daily balance or combined relationship daily deposit balance of $5,000 (combined relationships balances are based on banking relationship of the first person listed on this account, who may be listed on other accounts as an owner, joint owner, or sole proprietor)
- A $9.00 monthly basic fee (plus sales tax) is charged if balance requirements are not met.
- Free small safe deposit box for one year (or credit towards a larger box; safe deposit box contents are not FDIC insured)
- Earn tiered interest rates
- Free introductory pack of checks
- Unlimited ATM transactions with no charge (The owner of a non-Hills Bank ATM may surcharge, but that's their fee, not ours)
UI Student Checking
Convenient ATM locations across campus for students – and easy money transfer for parents.
Learn More
UI Student Checking
Convenient ATM locations across campus for students – and easy money transfer for parents.
Features:
- No minimum to open
- No monthly service fee
- Xpress Transfer – easy, no cost way for parents to transfer money to the student’s account anytime
- Unlimited ATM transactions with no charge (The owner of a non-Hills Bank ATM may surcharge, but that's their fee, not ours!)
- 20 free checks upon account opening
- When no longer a University of Iowa student, the account converts to Free Checking
UI Employee Advantage Checking
A special checking account for employees of the University of Iowa, with an exclusive consumer loan discount offer.
Learn MoreUI Employee Advantage Checking
A special checking account for employees of the University of Iowa, with an exclusive consumer loan discount offer.
Features:
- No minimum balance to open
- No monthly service fee
- Unlimited free ATM transactions (The owner of a non-Hills Bank ATM may surcharge, but that's their fee, not ours)
- Earn tiered interest rates
- Free introductory pack of checks
- 0.25% consumer loan discount – one time use; not valid for home equity products
- Direct deposit of paycheck is required
- Limit of one UI Employee Advantage account type per individual. If direct deposit from the University of Iowa is discontinued, the account converts to Free Checking.
Student Checking
For non-University of Iowa students who are looking to build their financial footing while getting their education.
Learn More
Student Checking
Account Features
- No minimum to open
- No monthly service fee
- Free debit card, mobile, and online banking with remote check deposit
- Unlimited ATM transactions and check writing with no charge
Requirements
- Student status will be verified by a school ID, acceptance letter, or school-issued email address
- Credit check required (if you don’t yet have a credit score, you can still open an account)
- No minimum to open
- No service fee
- The account will convert to a Free Checking account six years after the account is opened.
Friends Club Checking
Exclusively for Friends Club Members. To join Friends Club, customers must be 50 or better and maintain $10,000 or more in household deposits
Learn MoreFriends Club Checking
Exclusive for members who are 50 years of age and older, meet qualifying balance requirements and whose main checking account is with Hills Bank.
Friends Club Checking* is an interest-bearing account that includes:
- Free checks, free money orders, and free official checks
- 50% discount on safe deposit box rentals (contents are not FDIC insured)
- Referral program perks ($50 bonus*, $1,000 drawing**)
- Free fraud recovery assistance ID restoration provided by Deluxe Provent©
- Free ATM transactions (a fee may imposed by a non-Hills Bank ATM owner)
- Free paper statements
- Online/mobile banking with bill payment
- Special CD rates for customers with a primary checking account
* Hills Bank customers who are age 50 or better and maintain $10,000 in household deposits qualify to join Friends Club and to open a Friends Club (FC) Checking account. Friends Club Checking earns a variable interest rate. As of 10/08/21, balance over $10,000 earn an annual percentage yield (APY) of 0.10%, $9,999.99 to $1,000 earns (APY) of 0.05%, and under $1,000 earns (APY) of 0.05%. Fees may reduce earnings. $50 bonus will be paid when Friends Club Checking account is opened with a new bank deposit.
**Need not be present to win. Odds of winning will depend on the number of entries. New Friends Club Checking Accounts must be opened no later than 12/5/2021 and the drawing will be held on 12/8/2021. If you win the $1,000 cash drawing, Hills Bank will pay the Iowa State tax withholding requirement and the value will be reported on Hills Bank’s 1099MISC. For questions or more information, please call 319-358-2230 or email FriendsClub@HillsBank.com. No purchase required to enter.
Go! Checking
An account for teens 17 years of age and younger (with help from their parents)
Learn MoreGo! Checking
An account for teens 17 years of age and younger (with help from their parents).
Features:
- No minimum to open
- No monthly service fee
- Unlimited ATM transactions with no charge (The owner of a non-Hills Bank ATM may surcharge, but that's their fee, not ours)
- 20 free checks upon account opening
- Semi-annual newsletter
- At age 18, the account converts to Free Checking
- Parent or legal guardian required to be an owner of account if primary account holder is under 18 years of age
Health Savings Account (HSA)
Customers who have a qualifying high deductible health plan (HDHP) can open a Health Savings Account.
Learn MoreHealth Savings Account (HSA)
Customers who have a qualifying high deductible health plan (HDHP) can open a Health Savings Account.
Check with your health care provider to see if your plan meets the qualifications for a Health Savings Account (HSA).
Accounts:
- Certificates of Deposit
- With competitive rates and a variety of short- and long-term certificates of deposit (CDs) to choose from, our CDs are a great way to grow your funds no matter your timeframe
- Cannot accept direct deposit from employer
- Checking Account at UMB, n.a.
- Contact a Hills Bank personal banker for appropriate UMB, n.a. website and opening credentials
- UMB Bank, n.a. is not an affiliate of Hills Bank and Trust Company. Consult your tax advisor to determine if a HSA is right for you.
Features:
- UMB, n.a. Checking Account
- All on-line, no physical checks
- Debit Card only for expenses
- Monthly fee of $2.45 unless monthly average balance is $3,000.00 or greater subject to change through UMB n.a.
- Mutual fund investing available (not FCID insured)
- Interest paid on entire checking account balance (FDIC insured thru UMB, n.a.)
Insured Cash Sweep
The Insured Cash Sweep (ICS) service gives individuals, non-profits and businesses access to multi-million-dollar FDIC protection on deposits over $250,000 with no monthly fees.
Learn MoreInsured Cash Sweep
The Insured Cash Sweep (ICS) service gives individuals, non-profits and businesses access to multi-million-dollar FDIC protection on deposits over $250,000 with no monthly fees.
The FDIC insures up to $250,000 of a customer’s deposit accounts at an FDIC-insured depository institution. Your ICS funds are then divided into amounts under the standard FDIC maximum and placed with other ICS Network members – each an FDIC-insured institution. This makes your deposit eligible for FDIC insurance at each member bank. By working directly with Hills Bank, you can access insurance through many FDIC-insured institutions.
- Save time by working directly with Hills Bank
- Enjoy peace of mind knowing your ICS funds are eligible for FDIC protection
- Earn interest by putting excess cash balances to work in money market deposit accounts
- Unlimited program withdrawals. Make an unlimited number of program deposits and withdrawals
- Rest assured knowing your money is always on deposit in a regulated, FDIC-insured institution and you can see online where all of your funds are at any time
To learn more about ICS, contact us at 1-800-445-5725 (1-800-HILLSBK) or visit your local Hills Bank location.
Placement of your funds through the ICS service is subject to the terms, conditions, and disclosures set forth in the agreements, including the ICS Deposit Placement Agreement, that you enter into with us. Limits and customer eligibility criteria apply. When using the ICS savings option, program withdrawals are limited to six per month. ICS is a service mark, and Insured Cash Sweep is a registered service mark, of Promontory Interfinancial Network, LLCM.
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